---
title: "Allegiant Travel | 10-K: FY2025 Revenue Beats Estimate at USD 2.607 B"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/277098614.md"
datetime: "2026-02-26T21:26:23.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/277098614.md)
  - [en](https://longbridge.com/en/news/277098614.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/277098614.md)
---

> 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/277098614.md) | [English](https://longbridge.com/en/news/277098614.md)


# Allegiant Travel | 10-K: FY2025 Revenue Beats Estimate at USD 2.607 B

Revenue: As of FY2025, the actual value is USD 2.607 B, beating the estimate of USD 2.592 B.

EPS: As of FY2025, the actual value is USD -2.48, missing the estimate of USD -2.3311.

EBIT: As of FY2025, the actual value is USD 145.71 M.

#### Segment Revenue

Allegiant Travel Company’s Total Operating Revenues for 2025 were $2,606,579 thousand, marking a 3.7% increase from $2,512,589 thousand in 2024. Passenger Revenue increased by 4.8% to $2,324,348 thousand in 2025 from $2,217,059 thousand in 2024, with ancillary air-related charges revenue rising to $1,270,807 thousand in 2025 from $1,129,149 thousand in 2024, and loyalty redemptions revenue increasing to $78,640 thousand in 2025 from $57,115 thousand in 2024. However, scheduled service revenue decreased to $974,901 thousand in 2025 from $1,030,795 thousand in 2024. Third Party Products Revenue increased by 0.7% to $143,188 thousand in 2025, while Fixed Fee Contracts Revenue decreased by 3.7% to $77,647 thousand in 2025. Resort and Other Revenue saw a 15.6% decrease to $61,396 thousand in 2025, primarily due to the sale of Sunseeker Resort.

#### Operational Metrics

Allegiant Travel Company reported an operating income of $37,167 thousand in 2025, a significant improvement from an operating loss of -$239,976 thousand in 2024. Total operating expenses decreased to $2,569,412 thousand in 2025 from $2,752,565 thousand in 2024. Salaries and Benefits Expense for the airline increased by 4.5% to $833,017 thousand in 2025, and Aircraft Fuel Expense rose by 1.9% to $639,731 thousand. Station Operations Expense increased by 9.1% to $297,549 thousand, and Maintenance and Repairs Expense grew by 19.5% to $149,938 thousand. Special charges, net of recoveries, totaled $137,705 thousand in 2025, down from $368,131 thousand in 2024, including $43,539 thousand in airline special charges and $94,166 thousand in Sunseeker Resort special charges, primarily an asset write-down related to its sale. Airline operating CASM decreased to 11.24 ¢ in 2025 from 12.11 ¢ in 2024, with CASM excluding fuel and special charges decreasing by 6.1% to 8.04 ¢.

#### Cash Flow

Net Cash Provided by Operating Activities increased to $389,768 thousand in 2025 from $338,456 thousand in 2024. Net Cash Used in Investing Activities was -$220,427 thousand in 2025, compared to $5,578 thousand provided by investing activities in 2024. Net Cash Used in Financing Activities was -$280,900 thousand in 2025, up from -$201,299 thousand in 2024.

#### Unique Metrics

As of December 31, 2025, the operating fleet consisted of 123 aircraft, and the average age of the Airbus fleet was 17.2 years as of February 1, 2026. Total System Available Seat Miles (ASMs) increased to 21,369,532 thousand in 2025 from 18,984,711 thousand in 2024, and passengers increased to 18,737,151. The load factor for scheduled service was 82.0% in 2025, down from 83.6% in 2024. The average fuel cost per gallon decreased to $2.55 in 2025 from $2.76 in 2024, while fuel gallons consumed increased to 251,049 thousand. Allegiant Travel Company received $139,600 thousand in co-brand credit card remuneration in 2025, a 3.6% increase, and ended 2025 with 21 million total active Allways Rewards members. Unrestricted cash, cash equivalents, and investment securities were $838,500 thousand as of December 31, 2025, and total net debt and finance lease obligations were $1,800,000 thousand.

#### Outlook / Guidance

Allegiant Travel Company anticipates minimal scheduled service growth in 2026, with fleet growth post-2026 expected to offer more flexibility for network expansion. The proposed acquisition of Sun Country Airlines is projected to close in the latter half of 2026, aiming to expand Allegiant’s network and enhance capacity flexibility. The company also expects its CASM-ex to rise to some extent during 2026 due to limited ASM growth.

### 相關股票

- [Allegiant Travel (ALGT.US)](https://longbridge.com/zh-HK/quote/ALGT.US.md)

## 相關資訊與研究

- [Allegiant Travel Passenger Traffic Rises in December](https://longbridge.com/zh-HK/news/273501963.md)
- [Allegiant Travel's 2025 revenue slightly beats estimates](https://longbridge.com/zh-HK/news/274866982.md)
- [Zydus Lifesciences receives demand order for FY 2019-20 to FY 2023-24](https://longbridge.com/zh-HK/news/281307974.md)
- [Cintas (CTAS) Valuation Check After Q3 Results And Higher Fiscal 2026 Guidance](https://longbridge.com/zh-HK/news/281225115.md)
- [Wealth First Promoters Confirm 74% Stake With No Encumbrance in FY26](https://longbridge.com/zh-HK/news/281530653.md)