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Side-by-side financial comparison of ALASKA AIR GROUP, INC. (ALK) and Take-Two Interactive (TTWO). Click either name above to swap in a different company.
ALASKA AIR GROUP, INC. is the larger business by last-quarter revenue ($3.3B vs $1.7B, roughly 1.9× Take-Two Interactive). Take-Two Interactive runs the higher net margin — -5.5% vs -5.8%, a 0.4% gap on every dollar of revenue. On growth, Take-Two Interactive posted the faster year-over-year revenue change (24.9% vs 5.2%). Over the past eight quarters, Take-Two Interactive's revenue compounded faster (12.7% CAGR vs 6.7%).
Alaska Air Group, Inc. is an American airline holding company based in SeaTac, Washington, United States. The group owns two mainline carriers, Alaska Airlines and Hawaiian Airlines, along with a regional airline, Horizon Air. Alaska Airlines in turn wholly owns an aircraft ground handling company, McGee Air Services.
Take-Two Interactive Software, Inc. is an American video game holding company based in New York City founded by Ryan Brant in September 1993.
ALK vs TTWO — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2027
| Metric | | |
|---|---|---|
| Revenue | $3.3B | $1.7B |
| Net Profit | $-193.0M | $-92.9M |
| Gross Margin | — | 55.7% |
| Operating Margin | -8.5% | 42.1% |
| Net Margin | -5.8% | -5.5% |
| Revenue YoY | 5.2% | 24.9% |
| Net Profit YoY | — | — |
| EPS (diluted) | $-1.69 | $-0.50 |
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.
| Q3 26 | — | $1.7B | ||
| Q1 26 | $3.3B | — | ||
| Q4 25 | $3.6B | $1.7B | ||
| Q3 25 | $3.8B | $1.8B | ||
| Q2 25 | $3.7B | $1.5B | ||
| Q1 25 | $3.1B | $1.6B | ||
| Q4 24 | $3.5B | $1.4B | ||
| Q3 24 | $3.1B | $1.4B |
| Q3 26 | — | $-92.9M | ||
| Q1 26 | $-193.0M | — | ||
| Q4 25 | $21.0M | $-92.9M | ||
| Q3 25 | $73.0M | $-133.9M | ||
| Q2 25 | $172.0M | $-11.9M | ||
| Q1 25 | $-166.0M | $-3.7B | ||
| Q4 24 | $71.0M | $-125.2M | ||
| Q3 24 | $236.0M | $-365.5M |
| Q3 26 | — | 55.7% | ||
| Q1 26 | — | — | ||
| Q4 25 | — | 55.7% | ||
| Q3 25 | — | 55.3% | ||
| Q2 25 | — | 62.8% | ||
| Q1 25 | — | 50.8% | ||
| Q4 24 | — | 55.9% | ||
| Q3 24 | — | 53.8% |
| Q3 26 | — | 42.1% | ||
| Q1 26 | -8.5% | — | ||
| Q4 25 | 2.1% | -2.3% | ||
| Q3 25 | 3.9% | -5.5% | ||
| Q2 25 | 7.5% | 1.4% | ||
| Q1 25 | -6.3% | -238.7% | ||
| Q4 24 | 2.1% | -9.7% | ||
| Q3 24 | 11.1% | -22.0% |
| Q3 26 | — | -5.5% | ||
| Q1 26 | -5.8% | — | ||
| Q4 25 | 0.6% | -5.5% | ||
| Q3 25 | 1.9% | -7.5% | ||
| Q2 25 | 4.6% | -0.8% | ||
| Q1 25 | -5.3% | -235.5% | ||
| Q4 24 | 2.0% | -9.2% | ||
| Q3 24 | 7.7% | -27.0% |
| Q3 26 | — | $-0.50 | ||
| Q1 26 | $-1.69 | — | ||
| Q4 25 | $0.14 | $-0.50 | ||
| Q3 25 | $0.62 | $-0.73 | ||
| Q2 25 | $1.42 | $-0.07 | ||
| Q1 25 | $-1.35 | $-21.27 | ||
| Q4 24 | $0.58 | $-0.71 | ||
| Q3 24 | $1.84 | $-2.08 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $451.0M | $2.4B |
| Total DebtLower is stronger | $5.3B | — |
| Stockholders' EquityBook value | $3.7B | $3.5B |
| Total Assets | $20.3B | $10.0B |
| Debt / EquityLower = less leverage | 1.43× | — |
8-quarter trend — quarters aligned by calendar period.
| Q3 26 | — | $2.4B | ||
| Q1 26 | $451.0M | — | ||
| Q4 25 | $627.0M | $2.4B | ||
| Q3 25 | $2.3B | $2.1B | ||
| Q2 25 | $2.1B | $2.0B | ||
| Q1 25 | $2.5B | $1.5B | ||
| Q4 24 | $2.5B | $1.2B | ||
| Q3 24 | $2.5B | $879.6M |
| Q3 26 | — | — | ||
| Q1 26 | $5.3B | — | ||
| Q4 25 | $4.8B | — | ||
| Q3 25 | $5.0B | — | ||
| Q2 25 | $4.9B | — | ||
| Q1 25 | $4.8B | — | ||
| Q4 24 | $4.5B | — | ||
| Q3 24 | $4.6B | — |
| Q3 26 | — | $3.5B | ||
| Q1 26 | $3.7B | — | ||
| Q4 25 | $4.1B | $3.5B | ||
| Q3 25 | $4.0B | $3.4B | ||
| Q2 25 | $3.9B | $3.5B | ||
| Q1 25 | $4.1B | $2.1B | ||
| Q4 24 | $4.4B | $5.7B | ||
| Q3 24 | $4.5B | $5.8B |
| Q3 26 | — | $10.0B | ||
| Q1 26 | $20.3B | — | ||
| Q4 25 | $20.4B | $10.0B | ||
| Q3 25 | $20.0B | $10.1B | ||
| Q2 25 | $19.9B | $9.7B | ||
| Q1 25 | $19.8B | $9.2B | ||
| Q4 24 | $19.8B | $12.7B | ||
| Q3 24 | $19.6B | $13.1B |
| Q3 26 | — | — | ||
| Q1 26 | 1.43× | — | ||
| Q4 25 | 1.17× | — | ||
| Q3 25 | 1.24× | — | ||
| Q2 25 | 1.26× | — | ||
| Q1 25 | 1.16× | — | ||
| Q4 24 | 1.04× | — | ||
| Q3 24 | 1.03× | — |
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 | $229.0M | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | 10.2% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q3 26 | — | — | ||
| Q1 26 | $229.0M | — | ||
| Q4 25 | $185.0M | $305.2M | ||
| Q3 25 | $229.0M | $128.4M | ||
| Q2 25 | $376.0M | $-44.7M | ||
| Q1 25 | $459.0M | $279.0M | ||
| Q4 24 | $274.0M | $-4.8M | ||
| Q3 24 | $318.0M | $-128.4M |
| Q3 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | $236.2M | ||
| Q3 25 | — | $96.5M | ||
| Q2 25 | — | $-69.8M | ||
| Q1 25 | — | $224.9M | ||
| Q4 24 | — | $-48.2M | ||
| Q3 24 | — | $-165.2M |
| Q3 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | 13.9% | ||
| Q3 25 | — | 5.4% | ||
| Q2 25 | — | -4.6% | ||
| Q1 25 | — | 14.2% | ||
| Q4 24 | — | -3.5% | ||
| Q3 24 | — | -12.2% |
| Q3 26 | — | — | ||
| Q1 26 | 10.2% | — | ||
| Q4 25 | — | 4.1% | ||
| Q3 25 | — | 1.8% | ||
| Q2 25 | — | 1.7% | ||
| Q1 25 | — | 3.4% | ||
| Q4 24 | — | 3.2% | ||
| Q3 24 | — | 2.7% |
| Q3 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 8.81× | — | ||
| Q3 25 | 3.14× | — | ||
| Q2 25 | 2.19× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 3.86× | — | ||
| Q3 24 | 1.35× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ALK
| Passenger revenue | $2.9B | 88% |
| Loyalty program other revenue | $227.0M | 7% |
| Cargo and other revenue | $153.0M | 5% |
TTWO
| Game | $1.6B | 92% |
| Advertising | $128.7M | 8% |
