# American Airlines Group Inc.: overview

AAL · Nasdaq · CIK 6201 · [Industrials](/sectors/industrials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/aal.md) · [Financials](/companies/aal/financials.md) · [Filings](/companies/aal/filings.md) · [Insiders](/companies/aal/insiders.md)

Latest reported revenue: [$16.73bn](/filings/0000006201-26-000052.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Jul 23, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0000006201-26-000052).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $bn | [13.6](/filings/0000006201-25-000052.md) | [13.7 d](/filings/0000006201-26-000014.md) | [12.6](/filings/0000006201-26-000032.md) | [14.4](/filings/0000006201-26-000052.md) | [13.7](/filings/0000006201-25-000052.md) | [14.0 d](/filings/0000006201-26-000014.md) | [13.9](/filings/0000006201-26-000032.md) | [16.7](/filings/0000006201-26-000052.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [0.7%](/filings/0000006201-25-000052.md) | [8.3% d](/filings/0000006201-26-000014.md) | [(2.2%)](/filings/0000006201-26-000032.md) | [7.9%](/filings/0000006201-26-000052.md) | [1.1%](/filings/0000006201-25-000052.md) | [3.2% d](/filings/0000006201-26-000014.md) | [(0.3%)](/filings/0000006201-26-000032.md) | [2.7%](/filings/0000006201-26-000052.md) |
| Net margin | % | [(1.1%)](/filings/0000006201-25-000052.md) | [4.3% d](/filings/0000006201-26-000014.md) | [(3.8%)](/filings/0000006201-26-000052.md) | [4.2%](/filings/0000006201-26-000052.md) | [(0.8%)](/filings/0000006201-25-000052.md) | [0.7% d](/filings/0000006201-26-000014.md) | [(2.7%)](/filings/0000006201-26-000052.md) | [0.4%](/filings/0000006201-26-000052.md) |
| Diluted EPS | $ per share | [(0.23)](/filings/0000006201-25-000052.md) | not reported | [(0.72)](/filings/0000006201-26-000032.md) | [0.91](/filings/0000006201-26-000052.md) | [(0.17)](/filings/0000006201-25-000052.md) | not reported | [(0.58)](/filings/0000006201-26-000032.md) | [0.11](/filings/0000006201-26-000052.md) |
| Free cash flow | $bn | [(0.2) d](/filings/0000006201-25-000052.md) | [(0.3) d](/filings/0000006201-26-000014.md) | [1.6](/filings/0000006201-26-000032.md) | [0.5 d](/filings/0000006201-26-000052.md) | [(0.9) d](/filings/0000006201-25-000052.md) | [(1.9) d](/filings/0000006201-26-000014.md) | [3.4](/filings/0000006201-26-000032.md) | [(0.4) d](/filings/0000006201-26-000052.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $bn | [29.9](/filings/0000006201-24-000010.md) | [49.0](/filings/0000006201-25-000010.md) | [52.8](/filings/0000006201-26-000014.md) | [54.2](/filings/0000006201-26-000014.md) | [54.6](/filings/0000006201-26-000014.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [(3.5%)](/filings/0000006201-24-000010.md) | [3.3%](/filings/0000006201-25-000010.md) | [5.7%](/filings/0000006201-26-000014.md) | [4.8%](/filings/0000006201-26-000014.md) | [2.7%](/filings/0000006201-26-000014.md) |
| Net margin | % | [(6.7%)](/filings/0000006201-24-000010.md) | [0.3%](/filings/0000006201-25-000010.md) | [1.6%](/filings/0000006201-26-000014.md) | [1.6%](/filings/0000006201-26-000014.md) | [0.2%](/filings/0000006201-26-000014.md) |
| Diluted EPS | $ per share | [(3.09)](/filings/0000006201-24-000010.md) | [0.19](/filings/0000006201-25-000010.md) | [1.21](/filings/0000006201-26-000014.md) | [1.24](/filings/0000006201-26-000014.md) | [0.17](/filings/0000006201-26-000014.md) |
| Free cash flow | $bn | [0.5](/filings/0000006201-24-000010.md) | [(0.4)](/filings/0000006201-25-000010.md) | [1.2](/filings/0000006201-26-000014.md) | [1.3](/filings/0000006201-26-000014.md) | [(0.7)](/filings/0000006201-26-000014.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/aal/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [PRIMECAP MANAGEMENT CO/CA/](/funds/763212.md) | 2026-06-30 | $1.28bn | 70,732,954 |  | Added +21,743,000 |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $1.14bn | 63,350,228 |  | Added +5,052,374 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $540.2m | 29,895,581 |  | Added +1,542,539 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $531.6m | 29,421,025 |  | Added +149,142 |
| [TWO SIGMA INVESTMENTS, LP](/funds/1179392.md) | 2026-06-30 | $492.2m | 27,240,983 |  | Added +13,060,865 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $353.6m | 19,568,820 |  | Added +340,754 |
| [SUSQUEHANNA INTERNATIONAL GROUP, LLP](/funds/1446194.md) | 2026-06-30 | $315.5m | 17,458,300 | Put | Reduced −1,443,200 |
| [Orbis Allan Gray Ltd](/funds/1663865.md) | 2026-06-30 | $291.6m | 16,139,385 |  | Added +13,943,819 |
| [JANE STREET GROUP, LLC](/funds/1595888.md) | 2026-06-30 | $249.1m | 13,785,600 | Put | Reduced −9,760,300 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $247.5m | 13,692,580 |  | Added +1,007,754 |

## Recent filings

[All 2,215 filings](/companies/aal/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-22 | 07:01 ET | [10-Q](/filings/0000006201-26-000065.md) | Quarterly report, period 2026-09-30 | 0000006201-26-000065 |
| 2026-10-22 | 07:00 ET | [8-K](/filings/0000006201-26-000064.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0000006201-26-000064 |
| 2026-07-23 | 07:02 ET | [10-Q](/filings/0000006201-26-000052.md) | Quarterly report, period 2026-06-30 | 0000006201-26-000052 |
| 2026-07-23 | 07:00 ET | [8-K](/filings/0000006201-26-000051.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0000006201-26-000051 |
| 2026-07-15 | 16:30 ET | [8-K](/filings/0000006201-26-000046.md) | 5.02 Departure or appointment of officers or directors; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0000006201-26-000046 |
| 2026-06-16 | 16:00 ET | [8-K](/filings/0000006201-26-000044.md) | 5.02 Departure or appointment of officers or directors; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0000006201-26-000044 |
| 2026-06-10 | 16:59 ET | [8-K](/filings/0000006201-26-000039.md) | 5.02 Departure or appointment of officers or directors; 5.07 Shareholder vote results; 9.01 Financial statements and exhibits | 0000006201-26-000039 |
| 2026-05-29 | 17:24 ET | [8-K](/filings/0001193125-26-248886.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 9.01 Financial statements and exhibits | 0001193125-26-248886 |
| 2026-04-28 | 16:15 ET | [DEF 14A](/filings/0001193125-26-187096.md) | Proxy statement, period 2026-06-10 | 0001193125-26-187096 |
| 2026-04-23 | 07:02 ET | [10-Q](/filings/0000006201-26-000032.md) | Quarterly report, period 2026-03-31 | 0000006201-26-000032 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0000006201-26-000014.md), filed Feb 18, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 6201
- Tickers: AAL
- Exchange: Nasdaq
- SIC code: 4512 Air Transportation, Scheduled
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 26, 2026, 16:32 ET. No prices; not investment advice.