Ryanair (NASDAQ: RYAAY) reported a full-year net profit of €1.61 billion for the fiscal year ended March 31, hitting the upper limit of its forecast range despite a 16% year-over-year decline. The upbeat result reflects stronger-than-expected summer fare trends and an optimistic start to fiscal 2026.
Key Earnings Figures
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Net Profit: €1.61 billion, matching the top of the company’s guidance range (€1.55B–€1.61B)
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Operating Profit (EBIT): €1.56 billion, slightly below estimates (€1.63B)
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Revenue: €13.95 billion, up 25% year-over-year
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Passenger Traffic: 200.2 million passengers, up 9%
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Load Factor: 94%
Despite a 7% decline in average fares, Ryanair’s strong passenger volumes and ancillary revenue growth (+1% per passenger) supported overall revenue gains.
Fourth Quarter Performance
The last quarter presented challenges with a €328 million net loss. While revenue grew 5.9% to €2.3 billion, rising costs—including fuel expenses up 3.7% to €1.14 billion—and a 4.6% drop in average fares pressured margins. Operating expenses increased 11.2% to €2.79 billion.
Market Response and Outlook
Ryanair’s guidance and robust summer trends bolstered investor confidence, despite the profit decline. Analysts are closely watching how Ryanair manages rising costs amid a competitive pricing environment.
For those tracking Ryanair’s earnings trends over time, the Earnings Historical API provides detailed historical earnings data and helps contextualize this year’s performance within broader market movements.