Sep 2026 (Q3 FY26) — Oct 22, 2026
American Airlines Q3 FY26 — Strong Revenue Growth Offset by High Fuel Costs
Read the full callAmerican Airlines earnings: last reported Thu, 22 Oct 2026, for the quarter ended Sep 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 16,735 | +16.3% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 2.7 | −5.2 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 71.0 | −88.1% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Guidance
20 of 33 judged targets kept · 43 open · verdicts reflect calls analysed to Sep 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Adjusted EPS | -$0.70 to -$0.10 | Jun 2026 | We reported an adjusted loss of $0.28 per diluted share ahead of the midpoint of our guidance range. | Achieved |
| Adjusted EPS | $1.70 to $2.70 | Dec 2025 | For the full year, we now expect an adjusted loss per diluted share of between $1 and $1.60. | Revised Down |
| Adjusted EPS | -$1.10 to -$0.50 | Sep 2026 | we are guiding to an adjusted loss per diluted share of between $0.50 and $1.10. | New |
13 of American Airlines Group Inc.'s 76 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 73 more targets are in the full ledger.
Claimed
Qualified
Price
1Y: $12.09 on 22 Oct 2025 → $12.11. High $18.15 (1 Jul 2026), low $10.18 (30 Mar 2026).
Overview
Guidance
20 of 33 judged targets kept · 43 open · verdicts reflect calls analysed to Sep 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Adjusted EPS | -$0.70 to -$0.10 | Jun 2026 | We reported an adjusted loss of $0.28 per diluted share ahead of the midpoint of our guidance range. | Achieved |
| Adjusted EPS | $1.70 to $2.70 | Dec 2025 | For the full year, we now expect an adjusted loss per diluted share of between $1 and $1.60. | Revised Down |
| Adjusted EPS | -$1.10 to -$0.50 | Sep 2026 | we are guiding to an adjusted loss per diluted share of between $0.50 and $1.10. | New |
Claimed
Qualified
The full ledger
A free account opens 5 company ledgers a month. All 76 tracked commitments, with each call’s wording and source.
Call summaries
American Airlines Q3 FY26 — Strong Revenue Growth Offset by High Fuel Costs
Read the full callAmerican Airlines Group Q2 FY26 — Record Revenue Despite Fuel Headwinds
Read the full callAmerican Airlines Group Inc. Q1 FY26 — Strong Revenue Growth Driven by Premium Demand and Loyalty
Read the full callEvery analysed call
Financials
Net profit, year on year: −88% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 13,647 | 13,660 | 12,551 | 14,392 | 13,691 | 13,999 | 13,912 | 16,735 |
| Expenses | 13,558 | 12,526 | 12,821 | 13,257 | 13,540 | 13,548 | 13,953 | 16,289 |
| Operating profit | 89 | 1,134 | -270 | 1,135 | 151 | 451 | -41 | 446 |
| Operating margin | 0.7% | 8.3% | −2.1% | 7.9% | 1.1% | 3.2% | −0.3% | 2.7% |
| Other income | -345 | -339 | -378 | -297 | -293 | -309 | -435 | -339 |
| Interest | 480 | 471 | 428 | 433 | 432 | 423 | 397 | 409 |
| Profit before tax | -256 | 795 | -648 | 838 | -142 | 142 | -476 | 107 |
| Tax rate | 41.8% | 25.8% | 27.0% | 28.5% | 19.7% | 30.3% | 19.8% | 33.6% |
| Net profit | -149 | 590 | -473 | 599 | -114 | 99 | -382 | 71 |
| EPS ($ per share) | -0.23 | — | -0.72 | 0.91 | -0.17 | — | -0.58 | 0.11 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 5 | 4 | 6 | 6 | 6 | 7 | 7 | 7 |
| Reserves | 758 | 2,264 | -6,664 | -8,638 | -8,511 | -7,689 | -6,843 | -6,732 |
| Total liabilities | 60,749 | 60,113 | 68,875 | 73,807 | 70,515 | 68,260 | 65,760 | 65,501 |
| Fixed assets | 34,098 | 34,995 | 31,699 | 29,537 | 30,200 | 30,764 | 31,127 | 32,540 |
| Total assets | 60,580 | 59,995 | 62,008 | 66,467 | 64,716 | 63,058 | 61,783 | 61,774 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 3,533 | 3,815 | -6,543 | 704 | 2,173 | 3,803 | 3,983 | 3,099 |
| Cash from investing | -1,973 | -2,243 | -4,342 | -5,983 | 636 | -502 | -968 | -1,894 |
| Cash from financing | -1,672 | -1,568 | 10,994 | 5,288 | -2,631 | -3,206 | -2,794 | -1,051 |
| Net cash flow | -112 | 4 | 109 | 9 | 178 | 95 | 221 | 154 |
| Capital expenditure | -3,745 | -4,268 | -1,958 | -208 | -2,546 | -2,596 | -2,683 | -3,779 |
| Free cash flow | -212 | -453 | -8,501 | 496 | -373 | 1,207 | 1,300 | -680 |
| Segment | Q4 FY2024 | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | Q3 FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Passenger Travel | 84% | 83% | 84% | 83% | 83% | 83% | 84% | 84% | +20.7% |
| Product and Service Other | 8% | 8% | 7% | 7% | 8% | 9% | 7% | 7% | +15.2% |
| Loyalty Program Travel Redemptions | 7% | 7% | 7% | 8% | 8% | 7% | 7% | 7% | +6.5% |
| Loyalty Program Marketing Services | 7% | 7% | 6% | 6% | 7% | 7% | 6% | 6% | +18.3% |
| Cargo and Freight | 2% | 2% | 1% | 2% | 2% | 2% | 2% | 2% | +29.2% |
| Other Revenue | 1% | 1% | 1% | 1% | 1% | 1% | 1% | 1% | +0.6% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
55 filings between Nov 3, 2025 and Sep 20, 2026.
Purchases
None
No insider bought shares.
Sales
$7.02M
11 sales by 3 insiders
36% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Seymour David | — | $3.54M | Jun 25, 2026 |
| Johnson Stephen L | — | $2.26M | Jul 31, 2026 |
| Owens Angela | — | $1.21M | Jul 31, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 20, 2026 | Johnson Stephen L Vice Chair | Tax withheld | 22,392 | $290.2K |
| Sep 20, 2026 | Johnson Stephen L Vice Chair | Tax withheld | 55,368 | $717.6K |
| Sep 20, 2026 | Isom Robert D Jr CEO and President | Tax withheld | 165,716 | $2.15M |
| Sep 20, 2026 | Isom Robert D Jr CEO and President | Tax withheld | 169,483 | $2.20M |
| Jul 31, 2026 | Johnson Stephen L Vice Chair | Sale | 30,000 | $458.8K |
| Jul 31, 2026 | Owens Angela SVP Corporate Controller | Sale | 40,077 | $611.6K |
| Jul 30, 2026 | Johnson Stephen L Vice Chair | Sale | 30,000 | $457.9K |
| Jul 29, 2026 | Johnson Stephen L Vice Chair | Sale | 30,000 | $450.4K |
| Jul 28, 2026 | Johnson Stephen L Vice Chair | Sale | 30,000 | $454.8K |
| Jul 28, 2026 | Owens Angela SVP Corporate Controller | Sale | 39,168 | $601.0K |
| Jul 27, 2026 | Johnson Stephen L Vice Chair | Sale | 30,000 | $440.1K |
| Jul 15, 2026 | DIETRICH JOHN W Director | Award | 8,676 | $0 |
| Jul 12, 2026 | Seymour David EVP Chief Operating Officer | Tax withheld | 4,801 | $81.4K |
| Jun 25, 2026 | Seymour David EVP Chief Operating Officer | Sale 10b5-1 plan | 56,456 | $1.02M |
| Jun 24, 2026 | Seymour David EVP Chief Operating Officer | Sale 10b5-1 plan | 69,343 | $1.18M |
| Jun 10, 2026 | Brown Adriane M Director | Award | 11,177 | $0 |
| Jun 10, 2026 | STEENLAND DOUGLAS M Director | Award | 11,177 | $0 |
| Jun 10, 2026 | Dillon Mary N Director | Award | 11,177 | $0 |
| Jun 10, 2026 | CAHILL JOHN T Director | Award | 11,177 | $0 |
| Jun 10, 2026 | Farmer Kathryn M Director | Award | 11,177 | $0 |
| Jun 10, 2026 | Reynal Vicente Director | Award | 11,177 | $0 |
| Jun 10, 2026 | Smith Gregory D Director | Award | 26,080 | $0 |
| Jun 10, 2026 | Ungerleider Howard I Director | Award | 11,177 | $0 |
| Jun 10, 2026 | Nesbitt Martin H. Director | Award | 11,177 | $0 |
| Jun 10, 2026 | KRONICK SUSAN D Director | Award | 11,177 | $0 |
| Jun 10, 2026 | HART MATTHEW J Director | Award | 11,177 | $0 |
| Jun 10, 2026 | KRONICK SUSAN D Director | Award | 11,177 | $0 |
| May 2, 2026 | Seymour David EVP Chief Operating Officer | Tax withheld | 40,865 | $483.8K |
| May 2, 2026 | May Devon E EVP Chief Financial Officer | Tax withheld | 33,721 | $399.3K |
| May 2, 2026 | Owens Angela SVP Corporate Controller | Tax withheld | 8,097 | $95.9K |
| May 1, 2026 | Richmond Anthony J. EVP, Chief Legal Officer | Tax withheld | 70,598 | $835.9K |
| Mar 24, 2026 | Dillon Mary N Director | Award | 3,031 | $0 |
| Feb 27, 2026 | Isom Robert D Jr CEO and President | Tax withheld | 48,429 | $633.0K |
| Feb 20, 2026 | Seymour David EVP Chief Operating Officer | Tax withheld | 8,350 | $113.5K |
| Feb 20, 2026 | Johnson Stephen L Vice Chair | Tax withheld | 17,078 | $232.1K |
| Feb 20, 2026 | May Devon E EVP Chief Financial Officer | Tax withheld | 8,350 | $113.5K |
| Feb 20, 2026 | Owens Angela SVP Corporate Controller | Tax withheld | 7,808 | $106.1K |
| Feb 18, 2026 | May Devon E EVP Chief Financial Officer | Tax withheld | 8,670 | $122.2K |
| Feb 18, 2026 | Owens Angela SVP Corporate Controller | Tax withheld | 11,849 | $167.1K |
| Feb 18, 2026 | Seymour David EVP Chief Operating Officer | Tax withheld | 9,055 | $127.7K |
| Feb 18, 2026 | Johnson Stephen L Vice Chair | Tax withheld | 24,449 | $344.7K |
| Feb 18, 2026 | Isom Robert D Jr CEO and President | Tax withheld | 45,884 | $647.0K |
| Feb 17, 2026 | Richmond Anthony J. EVP, Chief Legal Officer | Award | 241,638 | $0 |
| Feb 17, 2026 | Owens Angela SVP Corporate Controller | Award | 100,625 | $0 |
| Feb 17, 2026 | Pieper Nathaniel EVP, Chief Commercial Officer | Award | 216,722 | $0 |
| Feb 17, 2026 | Johnson Stephen L Vice Chair | Award | 442,708 | $0 |
| Feb 17, 2026 | May Devon E EVP Chief Financial Officer | Award | 311,082 | $0 |
| Feb 17, 2026 | Isom Robert D Jr CEO and President | Award | 781,250 | $0 |
| Feb 17, 2026 | Seymour David EVP Chief Operating Officer | Award | 321,756 | $0 |
| Dec 16, 2025 | Seymour David EVP Chief Operating Officer | Sale 10b5-1 plan | 25,595 | $409.7K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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