vs
Side-by-side financial comparison of Allegiant Travel CO (ALGT) and Academy Sports & Outdoors, Inc. (ASO). Click either name above to swap in a different company.
Academy Sports & Outdoors, Inc. is the larger business by last-quarter revenue ($1.4B vs $732.4M, roughly 1.9× Allegiant Travel CO). Allegiant Travel CO runs the higher net margin — 5.8% vs 5.2%, a 0.6% gap on every dollar of revenue. On growth, Allegiant Travel CO posted the faster year-over-year revenue change (4.8% vs 3.0%). Over the past eight quarters, Allegiant Travel CO's revenue compounded faster (11.0% CAGR vs -12.2%).
Allegiant Air, styled as allegiant, is an American low-cost airline headquartered in Las Vegas, Nevada. The airline focuses on serving leisure traffic from small and medium-sized cities which it considers to be underserved, using an ultra low-cost business model with minimal inclusions in fares and a greater number of add-on fees.
Academy Sports + Outdoors is an American sporting-goods store chain with corporate offices in the Katy Distribution Center in unincorporated western Harris County, Texas, United States, near Katy and west of Houston. For 74 years, it was a privately held company owned by the Gochman family, until its May 2011 acquisition by Kohlberg Kravis Roberts. In October 2020, it was listed on NASDAQ.
ALGT vs ASO — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $732.4M | $1.4B |
| Net Profit | $42.5M | $71.6M |
| Gross Margin | — | 35.7% |
| Operating Margin | 11.1% | 7.3% |
| Net Margin | 5.8% | 5.2% |
| Revenue YoY | 4.8% | 3.0% |
| Net Profit YoY | 32.4% | 8.8% |
| EPS (diluted) | $2.30 | $1.05 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $732.4M | — | ||
| Q4 25 | $595.5M | $1.4B | ||
| Q3 25 | $494.1M | $1.6B | ||
| Q2 25 | $617.9M | $1.4B | ||
| Q1 25 | $616.8M | $1.7B | ||
| Q4 24 | $553.6M | $1.3B | ||
| Q3 24 | $489.0M | $1.5B | ||
| Q2 24 | $594.5M | $1.4B |
| Q1 26 | $42.5M | — | ||
| Q4 25 | $31.9M | $71.6M | ||
| Q3 25 | $-43.6M | $125.4M | ||
| Q2 25 | $-65.2M | $46.1M | ||
| Q1 25 | $32.1M | $133.6M | ||
| Q4 24 | $-216.2M | $65.8M | ||
| Q3 24 | $-36.8M | $142.6M | ||
| Q2 24 | $13.7M | $76.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | 35.7% | ||
| Q3 25 | — | 36.0% | ||
| Q2 25 | — | 34.0% | ||
| Q1 25 | — | 32.2% | ||
| Q4 24 | — | 34.0% | ||
| Q3 24 | — | 36.1% | ||
| Q2 24 | — | 33.4% |
| Q1 26 | 11.1% | — | ||
| Q4 25 | 11.2% | 7.3% | ||
| Q3 25 | -5.5% | 10.8% | ||
| Q2 25 | -10.9% | 5.1% | ||
| Q1 25 | 10.5% | 9.2% | ||
| Q4 24 | -47.7% | 6.8% | ||
| Q3 24 | -5.4% | 12.3% | ||
| Q2 24 | 5.9% | 7.5% |
| Q1 26 | 5.8% | — | ||
| Q4 25 | 5.4% | 5.2% | ||
| Q3 25 | -8.8% | 7.8% | ||
| Q2 25 | -10.5% | 3.4% | ||
| Q1 25 | 5.2% | 8.0% | ||
| Q4 24 | -39.1% | 4.9% | ||
| Q3 24 | -7.5% | 9.2% | ||
| Q2 24 | 2.3% | 5.6% |
| Q1 26 | $2.30 | — | ||
| Q4 25 | $1.82 | $1.05 | ||
| Q3 25 | $-2.41 | $1.85 | ||
| Q2 25 | $-3.62 | $0.68 | ||
| Q1 25 | $1.73 | $1.85 | ||
| Q4 24 | $-12.12 | $0.92 | ||
| Q3 24 | $-2.05 | $1.95 | ||
| Q2 24 | $0.75 | $1.01 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $902.1M | $289.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | — | $2.1B |
| Total Assets | — | $5.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $902.1M | — | ||
| Q4 25 | $805.7M | $289.5M | ||
| Q3 25 | $956.7M | $300.9M | ||
| Q2 25 | $842.8M | $285.1M | ||
| Q1 25 | $878.6M | $288.9M | ||
| Q4 24 | $781.1M | $296.0M | ||
| Q3 24 | $759.3M | $324.6M | ||
| Q2 24 | $791.9M | $378.1M |
| Q1 26 | — | — | ||
| Q4 25 | $1.7B | — | ||
| Q3 25 | $1.8B | — | ||
| Q2 25 | $1.8B | — | ||
| Q1 25 | $1.7B | — | ||
| Q4 24 | $1.6B | — | ||
| Q3 24 | $1.8B | — | ||
| Q2 24 | $1.7B | — |
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $2.1B | ||
| Q3 25 | $1.0B | $2.1B | ||
| Q2 25 | $1.1B | $1.9B | ||
| Q1 25 | $1.1B | $2.0B | ||
| Q4 24 | $1.1B | $2.0B | ||
| Q3 24 | $1.3B | $2.0B | ||
| Q2 24 | $1.3B | $1.9B |
| Q1 26 | — | — | ||
| Q4 25 | $4.2B | $5.4B | ||
| Q3 25 | $4.4B | $5.3B | ||
| Q2 25 | $4.4B | $5.2B | ||
| Q1 25 | $4.5B | $4.9B | ||
| Q4 24 | $4.4B | $5.1B | ||
| Q3 24 | $4.8B | $4.9B | ||
| Q2 24 | $4.9B | $4.9B |
| Q1 26 | — | — | ||
| Q4 25 | 1.60× | — | ||
| Q3 25 | 1.76× | — | ||
| Q2 25 | 1.68× | — | ||
| Q1 25 | 1.57× | — | ||
| Q4 24 | 1.48× | — | ||
| Q3 24 | 1.36× | — | ||
| Q2 24 | 1.30× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $49.0M |
| Free Cash FlowOCF − Capex | — | $-13.6M |
| FCF MarginFCF / Revenue | — | -1.0% |
| Capex IntensityCapex / Revenue | — | 4.5% |
| Cash ConversionOCF / Net Profit | — | 0.68× |
| TTM Free Cash FlowTrailing 4 quarters | — | $191.4M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $112.2M | $49.0M | ||
| Q3 25 | $-6.1M | $78.6M | ||
| Q2 25 | $92.2M | $157.5M | ||
| Q1 25 | $191.4M | $140.2M | ||
| Q4 24 | $84.4M | $96.9M | ||
| Q3 24 | $17.3M | $91.3M | ||
| Q2 24 | $68.9M | $199.7M |
| Q1 26 | — | — | ||
| Q4 25 | $90.4M | $-13.6M | ||
| Q3 25 | $-121.7M | $21.8M | ||
| Q2 25 | $-10.5M | $106.6M | ||
| Q1 25 | $116.9M | $76.4M | ||
| Q4 24 | $24.0M | $34.4M | ||
| Q3 24 | $-28.7M | $50.1M | ||
| Q2 24 | $7.0M | $167.4M |
| Q1 26 | — | — | ||
| Q4 25 | 15.2% | -1.0% | ||
| Q3 25 | -24.6% | 1.4% | ||
| Q2 25 | -1.7% | 7.9% | ||
| Q1 25 | 19.0% | 4.6% | ||
| Q4 24 | 4.3% | 2.6% | ||
| Q3 24 | -5.9% | 3.2% | ||
| Q2 24 | 1.2% | 12.3% |
| Q1 26 | — | — | ||
| Q4 25 | 3.7% | 4.5% | ||
| Q3 25 | 23.4% | 3.5% | ||
| Q2 25 | 16.6% | 3.8% | ||
| Q1 25 | 12.1% | 3.8% | ||
| Q4 24 | 10.9% | 4.6% | ||
| Q3 24 | 9.4% | 2.7% | ||
| Q2 24 | 10.4% | 2.4% |
| Q1 26 | — | — | ||
| Q4 25 | 3.51× | 0.68× | ||
| Q3 25 | — | 0.63× | ||
| Q2 25 | — | 3.42× | ||
| Q1 25 | 5.96× | 1.05× | ||
| Q4 24 | — | 1.47× | ||
| Q3 24 | — | 0.64× | ||
| Q2 24 | 5.03× | 2.61× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ALGT
| Passenger | $671.8M | 92% |
| Third party products | $42.3M | 6% |
| Fixed fee contracts | $18.1M | 2% |
| Resort and other | $175.0K | 0% |
ASO
| Outdoors | $445.1M | 32% |
| Apparel | $349.8M | 25% |
| Footwear | $292.4M | 21% |
| Sports And Recreation | $288.7M | 21% |
| Other | $7.6M | 1% |
