American Airlines Q2 FY26 GAAP net income turns to USD 71 million; revenue rises 16.3% to USD 16.7 billion

American Airlines posted second-quarter revenue of USD 16.7 billion, up 16.3% year over year, a quarterly record.

GAAP net income was USD 71 million, or USD 0.11 per diluted share; adjusted net income was USD 99 million, or USD 0.15 per share.

Fuel expense rose more than USD 2.2 billion, up 83% year over year; higher fares offset nearly 50% of the increase.

Third-quarter guidance calls for revenue growth of 16% to 19% year over year, with average fuel price about USD 3.75 per gallon.

Third-quarter adjusted EPS is seen at a loss of USD 0.70 to a loss of USD 0.10; full-year adjusted EPS forecast is a loss of USD 0.65 to profit of USD 0.65.