LATAM Airlines Group (ADR) (LTM)
Connects South American domestic markets with global passenger routes, cargo services and loyalty.
$52.33
vs last close−1.12 (−2.10%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3,025 | 3,212 | 3,267 | 3,030 | 3,245 | 3,337 | 3,348 | 3,254 | 3,799 | 3,875 | 4,081 | 4,123 |
| Cost of revenue | 2,199 | 2,430 | 2,394 | 2,437 | 2,408 | 2,418 | 2,400 | 2,400 | 2,621 | 2,717 | 2,803 | 3,453 |
| Gross profit | 825 | 782 | 873 | 593 | 837 | 920 | 949 | 854 | 1,178 | 1,157 | 1,277 | 671 |
| 500 | 499 | 479 | 319 | 402 | 469 | 390 | 434 | 487 | 483 | 459 | 444 | |
| 341 | 359 | 346 | 337 | 359 | 389 | 327 | 335 | 381 | 406 | 383 | 375 | |
| Selling & marketing | 176 | 163 | 158 | 143 | 160 | 144 | 135 | 129 | 156 | 159 | 167 | 163 |
| General & administrative | 165 | 196 | 187 | 194 | 198 | 245 | 192 | 206 | 226 | 247 | 216 | 212 |
| Other expenses | 159 | 140 | 133 | −17 | 43 | 80 | 63 | 99 | 105 | 77 | 76 | 69 |
| Operating income | 325 | 283 | 394 | 274 | 436 | 450 | 558 | 420 | 691 | 674 | 818 | 227 |
| −96 | −177 | −119 | −158 | −161 | −162 | −194 | −166 | −240 | −124 | −188 | −166 | |
| Interest income | 33 | 30 | 31 | 31 | 46 | 34 | 33 | 27 | 40 | 0 | 37 | 40 |
| Interest expense | 174 | 191 | 191 | 189 | 195 | 257 | 152 | 156 | 167 | 153 | 154 | 154 |
| Other non-operating income | −75 | −15 | −72 | −31 | −33 | −94 | 45 | 10 | 73 | −28 | 34 | 12 |
| Income before tax | 229 | 106 | 275 | 115 | 275 | 288 | 364 | 254 | 451 | 550 | 631 | 61 |
| Income tax expense | −3 | 22 | 15 | 11 | −28 | 18 | 8 | 12 | 70 | 66 | 53 | −57 |
| Net income from continuing operations | 233 | 84 | 260 | 105 | 303 | 270 | 357 | 243 | 381 | 484 | 578 | 118 |
| Net income | 232 | 83 | 258 | 105 | 301 | 272 | 355 | 242 | 379 | 484 | 576 | 125 |
| EPS, basic | $0.77 | $0.00 | $0.80 | $0.48 | $1.00 | $1.00 | $1.20 | $0.80 | $1.20 | $1.60 | $2.00 | $0.40 |
| EPS, diluted | $0.77 | $0.00 | $0.80 | $0.48 | $1.00 | $1.00 | $1.20 | $0.80 | $1.20 | $1.60 | $2.00 | $0.40 |
| Weighted average shares, basic | 302 | 302 | 302 | 302 | 302 | 302 | 302 | 299 | 290 | 287 | 287 | 287 |
| Weighted average shares, diluted | 302 | 302 | 302 | 302 | 302 | 302 | 302 | 299 | 290 | 303 | 287 | 287 |
| EBITDA | 400 | 340 | 962 | 631 | 742 | 564 | 905 | 839 | 1,065 | 889 | 785 | 215 |
| Depreciation & amortization | 0 | 43 | 495 | 326 | 273 | 19 | 389 | 429 | 447 | 186 | 0 | 0 |
| EBIT | 400 | 298 | 466 | 305 | 469 | 545 | 513 | 410 | 618 | 703 | 785 | 215 |
