AAL · XBRL financial data

American Airlines Group financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (AAL's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	17,337	29,882	48,971	52,788	54,211	54,633
Operating income (loss)	(10,421)	(1,059)	1,607	3,034	2,614	1,467
Interest income	41	18	216	591	468	357
Interest expense	1,227	1,800	1,962	2,145	1,934	1,716
Other income (expense)	154	293	325	(359)	6	82
Income tax expense (benefit)	(2,568)	(555)	59	299	308	79
Net income (loss)	(8,885)	(1,993)	127	822	846	111
Earnings per share, basic USD per share	(18.36)	(3.09)	0.20	1.26	1.29	0.17
Earnings per share, diluted USD per share	(18.36)	(3.09)	0.19	1.21	1.24	0.17
Weighted average shares, basic millions of shares	484	644	650	654	657	660
Weighted average shares, diluted millions of shares	484	644	655	720	721	661

Fiscal years (AAL's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	399	408	586	681	902	1,056
Marketable securities	6,619	12,158	8,525	7,000	6,180	4,882
Accounts receivable	—	—	2,138	2,026	2,006	2,075
Prepaid and other current assets	666	615	892	658	794	767
Total current assets	11,095	17,336	15,269	13,572	13,154	12,205
Right-of-use asset	8,039	7,850	8,094	7,939	7,333	7,091
Goodwill	4,091	4,091	4,091	4,091	4,091	4,091
Total assets	62,008	66,467	64,716	63,058	61,783	61,774
Accounts payable	1,196	1,772	2,149	2,353	2,455	2,840
Current portion of long-term debt	2,697	2,315	3,059	3,501	5,196	3,641
Total current liabilities	16,569	19,006	21,496	22,062	24,295	24,492
Lease liability, non-current	6,777	6,610	6,559	6,452	5,976	5,905
Accumulated deficit	(6,664)	(8,638)	(8,511)	(7,689)	(6,843)	(6,732)
Total stockholders' equity	(6,867)	(7,340)	(5,799)	(5,202)	(3,977)	(3,727)
Total liabilities and equity	62,008	66,467	64,716	63,058	61,783	61,774
Common shares outstanding (cover page) millions of shares	640	649	651	655	658	660

Fiscal years (AAL's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(8,885)	(1,993)	127	822	846	111
Stock-based compensation	91	98	78	102	92	57
Depreciation and amortization	2,400	2,300	2,300	2,300	2,200	2,200
Net cash from operating activities	(6,543)	704	2,173	3,803	3,983	3,099
Net cash from investing activities	(4,342)	(5,983)	636	(502)	(968)	(1,894)
Proceeds from issuing equity	2,970	460	0	0	—	—
Share repurchases	173	18	21	—	—	—
Dividends paid	43	—	—	—	—	—
Proceeds from long-term debt	11,780	12,190	1,069	4,822	1,670	3,773
Net cash from financing activities	10,994	5,288	(2,631)	(3,206)	(2,794)	(1,051)
Net change in cash	109	9	178	95	221	154

SIC 4512 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 4512 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
American Airlines Group	1,124	16,335	(153)*	662.6M	—	Q3 FY26 10-QSep 30, 2026
Alaska Air Group	1,064	4,065	185*	111.6M	—	Q2 FY26 10-QJun 30, 2026
Skywest	72	1,117	131*	38.0M	—	Q3 FY26 10-QSep 30, 2026
Southwest Airlines	3,624	8,422	513	489.6M	—	Q3 FY26 10-QSep 30, 2026
United Airlines Holdings	6,648	17,875	465*	324.9M	—	Q3 FY26 10-QSep 30, 2026
Delta Air Lines	3,787	20,186	1,713*	657.9M	—	Q3 FY26 10-QSep 30, 2026
Jetblue Airways	1,258	2,812	(238)*	377.4M	5.3 quarters	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.