American Airlines Group Inc.

AAL 10-Q · Q1 2026

AAL Q1 2026 request

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Income Statement

Income Statement
Metric Q1 2026 Q1 2025 YoY
EPS (Basic) -0.58 -0.72 +19.4%
EPS (Diluted) -0.58 -0.72 +19.4%
Wtd Avg Shares (Basic) 661,181 658,880 +0.3%
Wtd Avg Shares (Diluted) 661,181 658,880 +0.3%
Revenue 13,912 12,551 +10.8%
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Cargo And Freight 214 189 +13.2%
Cargo And Freight · American Airlines, Inc. 214 189 +13.2%
Loyalty revenue - marketing services 1,027 823 +24.8%
Loyalty revenue - marketing services · American Airlines, Inc. 1,027 823 +24.8%
Loyalty revenue - travel 980 916 +7.0%
Loyalty revenue - travel · American Airlines, Inc. 980 916 +7.0%
Other revenue 176 148 +18.9%
Other revenue · American Airlines, Inc. 175 146 +19.9%
Passenger 12,495 11,391 +9.7%
Passenger travel 11,515 10,475 +9.9%
Passenger travel · American Airlines, Inc. 11,515 10,475 +9.9%
Passenger · American Airlines, Inc. 12,495 11,391 +9.7%
Passenger · American Airlines, Inc. 1,102 965 +14.2%
Passenger · American Airlines, Inc. 8,990 8,127 +10.6%
Passenger · American Airlines, Inc. 1,963 1,906 +3.0%
Passenger · American Airlines, Inc. 440 393 +12.0%
Passenger · Atlantic Destination 1,102 965 +14.2%
Passenger · Domestic Destination 8,990 8,127 +10.6%
Passenger · Latin America Destination 1,963 1,906 +3.0%
Passenger · Pacific Destination 440 393 +12.0%
Product And Service Other 1,203 971 +23.9%
Product And Service Other · American Airlines, Inc. 1,202 969 +24.0%
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American Airlines, Inc. 13,911 12,549 +10.9%
Fuel Costs 2,928 2,587 +13.2%
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American Airlines, Inc. 2,928 2,587 +13.2%
Labor And Related Expense 4,674 4,222 +10.7%
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American Airlines, Inc. 4,672 4,220 +10.7%
Airline Capacity Purchase Arrangements 1,404 1,351 +3.9%
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Regional Carrier · American Airlines, Inc. 177 168 +5.4%
Regional Carrier · Republic Airways Holdings Inc. 177 168 +5.4%
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American Airlines, Inc. 1,399 1,349 +3.7%
Aircraft Maintenance Materials And Repairs 982 922 +6.5%
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American Airlines, Inc. 982 922 +6.5%
Landing Fees And Other Rentals 890 826 +7.7%
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American Airlines, Inc. 890 826 +7.7%
Aircraft Rental 309 297 +4.0%
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Regional Carrier 2 2 0.0%
Regional Carrier · American Airlines, Inc. 2 2 0.0%
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American Airlines, Inc. 309 297 +4.0%
Sales & Marketing 507 450 +12.7%
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American Airlines, Inc. 507 450 +12.7%
Depreciation And Amortization 475 468 +1.5%
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Regional Carrier 91 79 +15.2%
Regional Carrier · American Airlines, Inc. 77 70 +10.0%
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American Airlines, Inc. 475 467 +1.7%
Restructuring And Other Expense Income Mainline 14 70 -80.0%
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American Airlines, Inc. 14 70 -80.0%
Other Cost And Expense Operating 1,770 1,628 +8.7%
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American Airlines, Inc. 1,771 1,629 +8.7%
Total Costs & Expenses 13,953 12,821 +8.8%
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American Airlines, Inc. 13,947 12,817 +8.8%
Operating Income -41 -270 +84.8%
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American Airlines, Inc. -36 -268 +86.6%
Interest Income 55 94 -41.5%
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American Airlines, Inc. 192 236 -18.6%
Interest Expense -397 -428 +7.2%
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American Airlines, Inc. -400 -452 +11.5%
Other Non-Operating Income (Expense) -93 -44 -111.4%
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American Airlines, Inc. -94 -44 -113.6%
Non-Operating Income (Expense) -435 -378 -15.1%
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Accumulated Defined Benefit Plans Adjustment Net Prior Service Cost Credit · American Airlines, Inc. -3 -4 +25.0%
Accumulated Defined Benefit Plans Adjustment Net Prior Service Cost Credit · Reclassification Out Of Accumulated Other Comprehensive Income -3 -4 +25.0%
Accumulated Defined Benefit Plans Adjustment Net Unamortized Gain Loss · American Airlines, Inc. -13 -14 +7.1%
Accumulated Defined Benefit Plans Adjustment Net Unamortized Gain Loss · Reclassification Out Of Accumulated Other Comprehensive Income -13 -14 +7.1%
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American Airlines, Inc. -302 -260 -16.2%
Income Before Taxes -476 -648 +26.5%
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American Airlines, Inc. -338 -528 +36.0%
Income Tax Expense (Benefit) -94 -175 +46.3%
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American Airlines, Inc. -64 -144 +55.6%
Net Income -382 -473 +19.2%
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Retained Earnings -382 -473 +19.2%
Retained Earnings · American Airlines, Inc. -274 -384 +28.6%
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American Airlines, Inc. -274 -384 +28.6%
American Airlines, Inc. · Reclassification Out Of Accumulated Other Comprehensive Income -16 -18 +11.1%
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Reclassification Out Of Accumulated Other Comprehensive Income -16 -18 +11.1%
Comprehensive Income -365 -455 +19.8%
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American Airlines, Inc. -257 -366 +29.8%
Other Comprehensive Income 17 18 -5.6%
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Accumulated Other Comprehensive Income 17 18 -5.6%
Accumulated Other Comprehensive Income · American Airlines, Inc. 17 18 -5.6%
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American Airlines, Inc. 17 18 -5.6%

Balance Sheet

Balance Sheet
Metric Q1 2026 Q1 2025 YoY
Current Assets
Cash 903 835 +8.1%
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American Airlines, Inc. 889 829 +7.2%
Available For Sale Securities Debt Securities Current 6,391 6,631 -3.6%
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level1 608
Fair Value Inputs Level1 · American Airlines, Inc. 606
Fair Value Inputs Level1 · Money Market Funds 608
Fair Value Inputs Level1 · Money Market Funds 606
Fair Value Inputs Level2 5,783
Fair Value Inputs Level2 · American Airlines, Inc. 5,782
Fair Value Inputs Level2 · Bank Time Deposits 1,947
Fair Value Inputs Level2 · Bank Time Deposits 1,946
Fair Value Inputs Level2 · Corporate Debt Securities 3,736
Fair Value Inputs Level2 · Corporate Debt Securities 3,736
Fair Value Inputs Level2 · Repurchase Agreements 100
Fair Value Inputs Level2 · Repurchase Agreements 100
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Bank Time Deposits 1,947
Bank Time Deposits · American Airlines, Inc. 1,946
Corporate Debt Securities 3,736
Corporate Debt Securities · American Airlines, Inc. 3,736
Money Market Funds 608
Money Market Funds · American Airlines, Inc. 606
Repurchase Agreements 100
Repurchase Agreements · American Airlines, Inc. 100
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American Airlines, Inc. 6,388 6,629 -3.6%
Restricted Cash And Investments Current 717 647 +10.8%
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American Airlines, Inc. 717 647 +10.8%
Accounts Receivable 2,008 1,928 +4.1%
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American Airlines, Inc. 1,975 1,878 +5.2%
Other Receivables Net Current (Q)
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American Airlines, Inc. 10,067 8,439 +19.3%
American Airlines, Inc. · Related Party 10,067 8,439 +19.3%
Airline Related Inventory Net 3,131 2,653 +18.0%
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American Airlines, Inc. 2,923 2,499 +17.0%
Prepaid Expenses & Other Current Assets 834 909 -8.3%
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American Airlines, Inc. 711 793 -10.3%
Total Current Assets 13,984 13,603 +2.8%
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American Airlines, Inc. 23,670 21,714 +9.0%
Non-Current Assets
Operating Lease Right-of-Use Assets 6,943 7,442 -6.7%
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American Airlines, Inc. 6,893 7,385 -6.7%
Goodwill 4,091 4,091 0.0%
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American Airlines, Inc. 4,091 4,091 0.0%
Deferred Tax Assets 2,457 2,655 -7.5%
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American Airlines, Inc. 1,891 2,207 -14.3%
Other Assets Miscellaneous Noncurrent 1,374 1,461 -6.0%
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American Airlines, Inc. 1,229 1,344 -8.6%
Other Non-Current Assets 9,986 10,249 -2.6%
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American Airlines, Inc. 9,275 9,684 -4.2%
Total Assets 63,738 62,609 +1.8%
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American Airlines, Inc. 72,311 69,779 +3.6%
Other Assets
Ground Property And Equipment Gross 10,605 10,306 +2.9%
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American Airlines, Inc. 10,058 9,799 +2.6%
Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization 58,500 55,107 +6.2%
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American Airlines, Inc. 57,570 54,244 +6.1%
Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization -25,675 -23,792 -7.9%
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American Airlines, Inc. -25,097 -23,248 -8.0%
Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization 32,825 31,315 +4.8%
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American Airlines, Inc. 32,473 30,996 +4.8%
Intangible Assets Net Excluding Goodwill 2,064 2,042 +1.1%
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American Airlines, Inc. 2,064 2,042 +1.1%
Current Liabilities
Long Term Debt And Capital Lease Obligations Current 4,195 4,729 -11.3%
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American Airlines, Inc. 4,189 3,726 +12.4%
Accounts Payable 3,610 3,114 +15.9%
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American Airlines, Inc. 3,479 3,031 +14.8%
American Airlines, Inc. · Subsidiary Of Common Parent 2,079 2,202 -5.6%
Employee Related Liabilities Current 1,969 1,827 +7.8%
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American Airlines, Inc. 1,781 1,666 +6.9%
Deferred Revenue (Current) (Q)
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Air traffic liability 10,031 8,932 +12.3%
Air traffic liability · American Airlines, Inc. 10,031 8,932 +12.3%
Loyalty program liability 4,210 3,663 +14.9%
Loyalty program liability · American Airlines, Inc. 4,210 3,663 +14.9%
Operating Lease Liability Current 1,053 1,096 -3.9%
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American Airlines, Inc. 1,044 1,086 -3.9%
Short Term Bank Loans And Notes Payable 360
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American Airlines, Inc. 360
Other Accrued Liabilities Current 2,978 2,751 +8.3%
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American Airlines, Inc. 2,853 2,629 +8.5%
Total Current Liabilities 28,406 26,112 +8.8%
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American Airlines, Inc. 27,947 24,733 +13.0%
Current Portion of Long-Term Debt 4,083
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American Airlines, Inc. 4,083
Non-Current Liabilities
Long Term Debt And Capital Lease Obligations 23,522 24,713 -4.8%
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American Airlines, Inc. 19,765 20,969 -5.7%
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent 1,219 1,869 -34.8%
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American Airlines, Inc. 1,217 1,857 -34.5%
Contract With Customer Liability Noncurrent 7,376 6,708 +10.0%
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American Airlines, Inc. 7,376 6,708 +10.0%
Operating Lease Liabilities 5,762 6,062 -4.9%
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American Airlines, Inc. 5,719 6,014 -4.9%
Other Non-Current Liabilities 1,530 1,653 -7.4%
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American Airlines, Inc. 1,494 1,614 -7.4%
Liabilities Noncurrent 39,409 41,005 -3.9%
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American Airlines, Inc. 35,571 37,162 -4.3%
Long-Term Debt 22,934
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American Airlines, Inc. 19,190
Other Liabilities
Deposits On Flight Equipment 592 1,063 -44.3%
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American Airlines, Inc. 592 1,063 -44.3%
Stockholders' Equity
Common Stock 7 7 0.0%
Additional Paid In Capital Common Stock 7,402 7,348 +0.7%
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American Airlines, Inc. 17,490 17,424 +0.4%
Accumulated Other Comprehensive Income -4,372 -4,547 +3.8%
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American Airlines, Inc. -4,490 -4,659 +3.6%
Retained Earnings -7,114 -7,316 +2.8%
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American Airlines, Inc. -4,207 -4,881 +13.8%
Total Stockholders' Equity -4,077 -4,508 +9.6%
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Accumulated Other Comprehensive Income -4,372 -4,547 +3.8%
Accumulated Other Comprehensive Income · American Airlines, Inc. -4,490 -4,659 +3.6%
Additional Paid In Capital 7,402 7,348 +0.7%
Additional Paid In Capital · American Airlines, Inc. 17,490 17,424 +0.4%
Common Stock 7 7 0.0%
Retained Earnings -7,114 -7,316 +2.8%
Retained Earnings · American Airlines, Inc. -4,207 -4,881 +13.8%
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American Airlines, Inc. 8,793 7,884 +11.5%
Total Liabilities & Equity 63,738 62,609 +1.8%
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American Airlines, Inc. 72,311 69,779 +3.6%
Flight Equipment Gross 47,303 43,738 +8.2%
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American Airlines, Inc. 46,920 43,382 +8.2%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q1 2026 YTD Q1 2025 YoY
Operating Activities
Net Cash from Operations 4,223 2,456 +71.9%
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American Airlines, Inc. 4,196 2,348 +78.7%
Investing Activities
Payments To Acquire Productive Assets -811 -824 +1.6%
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American Airlines, Inc. -788 -805 +2.1%
Payments To Acquire Short Term Investments -2,773 -1,806 -53.5%
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American Airlines, Inc. -2,773 -1,806 -53.5%
Proceeds From Sale Of Short Term Investments 1,263 1,349 -6.4%
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American Airlines, Inc. 1,263 1,349 -6.4%
Increase Decrease Of Restricted Investments 15 85 -82.4%
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American Airlines, Inc. 15 85 -82.4%
Other Investing Activities -22 -8 -175.0%
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American Airlines, Inc. -22 -8 -175.0%
Net Cash from Investing -2,328 -1,204 -93.4%
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American Airlines, Inc. -2,305 -1,185 -94.5%
Right Of Use Asset Obtained In Exchange For Operating Lease Liability 124 350 -64.6%
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American Airlines, Inc. 124 349 -64.5%
Right Of Use Asset Obtained In Exchange For Finance Lease Liability 154 73 +111.0%
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American Airlines, Inc. 137 71 +93.0%
Other Significant Noncash Transaction Finance Lease Conversion To Operating Lease 39 45 -13.3%
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American Airlines, Inc. 39 45 -13.3%
Financing Activities
Repayments Of Debt And Capital Lease Obligations -2,324 -1,362 -70.6%
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American Airlines, Inc. -2,324 -1,362 -70.6%
Proceeds From Issuance Of Long Term Debt 997 325 +206.8%
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American Airlines, Inc. 997 325 +206.8%
Net Proceeds Payments From Short Term Loans And Notes Payable -554 -74 -648.6%
Proceeds From Payments For Other Financing Activities -68 -112 +39.3%
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American Airlines, Inc. -60 -20 -200.0%
Net Cash from Financing -1,949 -1,223 -59.4%
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American Airlines, Inc. -1,941 -1,131 -71.6%
Supplemental
Interest Paid 454 524 -13.4%
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American Airlines, Inc. 382 473 -19.2%
Other Cash Flow
Net Change in Cash -54 29 -286.2%
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American Airlines, Inc. -50 32 -256.2%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 1,002 931 +7.6%
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American Airlines, Inc. 988 925 +6.8%

Values in millions USD. Source: SEC EDGAR 10-Q filing.

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