Air Arabia

Air Arabia PJSC

AIRARABIAStocksDubai Financial MarketTransportation

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (AED)

1-5

	Q1 2026Mar 31, 2026	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025
Operating Summary
Revenue	1.80B	2.30B	2.04B	1.69B	1.78B
Cost of Revenue	1.50B	1.89B	1.49B	1.32B	1.41B
Gross Profit	302.00M	401.59M	550.45M	374.72M	372.69M
SG&A	120.11M	123.07M	111.08M	90.12M	105.60M
Operating Expenses	120.11M	123.07M	111.08M	90.12M	105.60M
Operating Income	181.89M	278.52M	439.38M	284.59M	267.09M
Interest Income	55.85M	60.54M	57.12M	58.76M	64.35M
Interest Expense	-21.74M	-16.98M	-14.88M	-17.67M	-17.14M
Other Income/Expense	48.49M	51.38M	66.82M	44.75M	34.19M
Pretax Income	278.10M	404.91M	655.81M	414.72M	355.35M
Income Tax	29.90M	13.81M	73.19M	64.84M	50.21M
Net Income	248.16M	391.06M	582.50M	349.81M	305.10M
EBITDA	304.46M	394.46M	540.79M	385.76M	414.93M
EBIT	181.89M	278.52M	439.38M	284.59M	267.09M
EPS (Basic)	0.05	0.08	0.12	0.07	0.07
EPS (Diluted)	0.05	0.08	0.12	0.07	0.07
Margins & Efficiency
Gross Margin %	+16.8%	+17.5%	+26.9%	+22.1%	+20.9%
EBITDA Margin %	+16.9%	+17.2%	+26.4%	+22.8%	+23.3%
Net Margin %	+13.8%	+17.0%	+28.5%	+20.7%	+17.1%
Revenue & Income
Revenue	1.80B	2.30B	2.04B	1.69B	1.78B
Revenue Growth (YoY)	+1.2%	+28.9%	+14.4%	+2.2%	+15.5%
Interest & Investment Income	55.85M	60.54M	57.12M	58.76M	64.35M
Earnings From Equity Investments	13.61M	31.45M	107.37M	44.30M	6.86M
Gain (Loss) on Sale of Assets	—	—	—	—	—
Gain (Loss) on Sale of Investments	—	—	—	—	—
Expenses & Provisions
Cost of Revenue	1.50B	1.89B	1.49B	1.32B	1.41B
Selling, General & Admin	120.11M	123.07M	111.08M	90.12M	105.60M
Operating Expenses	120.11M	123.07M	111.08M	90.12M	105.60M
Interest Expense	-21.74M	-16.98M	-14.88M	-17.67M	-17.14M
Other Non Operating Income (Expenses)	48.49M	51.38M	66.82M	44.75M	34.19M
D&A For EBITDA	122.57M	115.94M	101.41M	101.17M	147.84M
Profitability & Returns
Gross Profit	302.00M	401.59M	550.45M	374.72M	372.69M
Gross Margin	+16.8%	+17.5%	+26.9%	+22.1%	+20.9%
EBIT	181.89M	278.52M	439.38M	284.59M	267.09M
EBIT Margin	+10.1%	+12.1%	+21.5%	+16.8%	+15.0%
EBITDA	304.46M	394.46M	540.79M	385.76M	414.93M
EBITDA Margin	+16.9%	+17.2%	+26.4%	+22.8%	+23.3%
EBT Excluding Unusual Items	278.10M	404.91M	655.81M	414.72M	355.35M
Pretax Income	278.10M	404.91M	655.81M	414.72M	355.35M
Operating Income	181.89M	278.52M	439.38M	284.59M	267.09M
Operating Margin	+10.1%	+12.1%	+21.5%	+16.8%	+15.0%
Profit Margin	+13.8%	+17.0%	+28.5%	+20.7%	+17.1%
Net Income	248.16M	391.06M	582.50M	349.81M	305.10M
Net Income to Common	248.16M	391.06M	582.50M	349.81M	305.10M
Net Income Growth	-18.7%	+25.8%	+10.9%	-10.3%	+26.6%
Earnings From Continuing Ops.	248.20M	391.11M	582.61M	349.88M	305.13M
Minority Interest in Earnings	-45.00K	-44.00K	-111.00K	-76.00K	-29.00K
Income Tax Expense	29.90M	13.81M	73.19M	64.84M	50.21M
Effective Tax Rate	+10.8%	+3.4%	+11.2%	+15.6%	+14.1%
Per Share & Capital
EPS (Basic)	0.05	0.08	0.12	0.07	0.07
EPS (Diluted)	0.05	0.08	0.12	0.07	0.07
EPS Growth	-18.7%	+25.8%	+10.9%	-10.3%	+26.6%
Dividend Per Share	—	0.30	—	—	—
Shares Outstanding (Basic)	4.67B	4.67B	4.67B	4.67B	4.67B
Shares Outstanding (Diluted)	4.67B	4.67B	4.67B	4.67B	4.67B
Dividend Growth	—	+20.0%	—	—	—
Free Cash Flow	-0.09B	-0.50B	0.28B	0.65B	0.11B
Free Cash Flow Margin	-5.1%	-22.0%	+13.6%	+38.4%	+6.1%
Free Cash Flow Per Share	-0.02	-0.11	0.06	0.14	0.02
Payout Ratio	—	+0.2%	—	+333.5%	—

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (AED)

1-5

	Q1 2026Mar 31, 2026	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025
Operating Summary
Revenue	1.80B	2.30B	2.04B	1.69B	1.78B
Cost of Revenue	1.50B	1.89B	1.49B	1.32B	1.41B
Gross Profit	302.00M	401.59M	550.45M	374.72M	372.69M
SG&A	120.11M	123.07M	111.08M	90.12M	105.60M
Operating Expenses	120.11M	123.07M	111.08M	90.12M	105.60M
Operating Income	181.89M	278.52M	439.38M	284.59M	267.09M
Interest Income	55.85M	60.54M	57.12M	58.76M	64.35M
Interest Expense	-21.74M	-16.98M	-14.88M	-17.67M	-17.14M
Other Income/Expense	48.49M	51.38M	66.82M	44.75M	34.19M
Pretax Income	278.10M	404.91M	655.81M	414.72M	355.35M
Income Tax	29.90M	13.81M	73.19M	64.84M	50.21M
Net Income	248.16M	391.06M	582.50M	349.81M	305.10M
EBITDA	304.46M	394.46M	540.79M	385.76M	414.93M
EBIT	181.89M	278.52M	439.38M	284.59M	267.09M
EPS (Basic)	0.05	0.08	0.12	0.07	0.07
EPS (Diluted)	0.05	0.08	0.12	0.07	0.07
Margins & Efficiency
Gross Margin %	+16.8%	+17.5%	+26.9%	+22.1%	+20.9%
EBITDA Margin %	+16.9%	+17.2%	+26.4%	+22.8%	+23.3%
Net Margin %	+13.8%	+17.0%	+28.5%	+20.7%	+17.1%
Revenue & Income
Revenue	1.80B	2.30B	2.04B	1.69B	1.78B
Revenue Growth (YoY)	+1.2%	+28.9%	+14.4%	+2.2%	+15.5%
Interest & Investment Income	55.85M	60.54M	57.12M	58.76M	64.35M
Earnings From Equity Investments	13.61M	31.45M	107.37M	44.30M	6.86M
Gain (Loss) on Sale of Assets	—	—	—	—	—
Gain (Loss) on Sale of Investments	—	—	—	—	—
Expenses & Provisions
Cost of Revenue	1.50B	1.89B	1.49B	1.32B	1.41B
Selling, General & Admin	120.11M	123.07M	111.08M	90.12M	105.60M
Operating Expenses	120.11M	123.07M	111.08M	90.12M	105.60M
Interest Expense	-21.74M	-16.98M	-14.88M	-17.67M	-17.14M
Other Non Operating Income (Expenses)	48.49M	51.38M	66.82M	44.75M	34.19M
D&A For EBITDA	122.57M	115.94M	101.41M	101.17M	147.84M
Profitability & Returns
Gross Profit	302.00M	401.59M	550.45M	374.72M	372.69M
Gross Margin	+16.8%	+17.5%	+26.9%	+22.1%	+20.9%
EBIT	181.89M	278.52M	439.38M	284.59M	267.09M
EBIT Margin	+10.1%	+12.1%	+21.5%	+16.8%	+15.0%
EBITDA	304.46M	394.46M	540.79M	385.76M	414.93M
EBITDA Margin	+16.9%	+17.2%	+26.4%	+22.8%	+23.3%
EBT Excluding Unusual Items	278.10M	404.91M	655.81M	414.72M	355.35M
Pretax Income	278.10M	404.91M	655.81M	414.72M	355.35M
Operating Income	181.89M	278.52M	439.38M	284.59M	267.09M
Operating Margin	+10.1%	+12.1%	+21.5%	+16.8%	+15.0%
Profit Margin	+13.8%	+17.0%	+28.5%	+20.7%	+17.1%
Net Income	248.16M	391.06M	582.50M	349.81M	305.10M
Net Income to Common	248.16M	391.06M	582.50M	349.81M	305.10M
Net Income Growth	-18.7%	+25.8%	+10.9%	-10.3%	+26.6%
Earnings From Continuing Ops.	248.20M	391.11M	582.61M	349.88M	305.13M
Minority Interest in Earnings	-45.00K	-44.00K	-111.00K	-76.00K	-29.00K
Income Tax Expense	29.90M	13.81M	73.19M	64.84M	50.21M
Effective Tax Rate	+10.8%	+3.4%	+11.2%	+15.6%	+14.1%
Per Share & Capital
EPS (Basic)	0.05	0.08	0.12	0.07	0.07
EPS (Diluted)	0.05	0.08	0.12	0.07	0.07
EPS Growth	-18.7%	+25.8%	+10.9%	-10.3%	+26.6%
Dividend Per Share	—	0.30	—	—	—
Shares Outstanding (Basic)	4.67B	4.67B	4.67B	4.67B	4.67B
Shares Outstanding (Diluted)	4.67B	4.67B	4.67B	4.67B	4.67B
Dividend Growth	—	+20.0%	—	—	—
Free Cash Flow	-0.09B	-0.50B	0.28B	0.65B	0.11B
Free Cash Flow Margin	-5.1%	-22.0%	+13.6%	+38.4%	+6.1%
Free Cash Flow Per Share	-0.02	-0.11	0.06	0.14	0.02
Payout Ratio	—	+0.2%	—	+333.5%	—