Air France-KLM SA (EPA:AF)

Air France-KLM Income Statement

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	32,699	31,459	30,019	26,393	14,315	11,088
Revenue	32,699	31,459	30,019	26,393	14,315	11,088
Revenue Growth (YoY)	5.52%	4.80%	13.74%	84.37%	29.10%	-59.22%
Cost of Revenue	25,920	25,433	23,851	21,352	12,632	11,665
Gross Profit	6,779	6,026	6,168	5,041	1,683	-577
Selling, General & Admin	1,098	1,060	1,029	887	385	346
Other Operating Expenses	752	744	970	700	577	844
Operating Expenses	4,747	4,447	4,495	4,009	3,333	4,049
Operating Income	2,032	1,579	1,673	1,032	-1,650	-4,626
Interest Expense	-638	-631	-600	-569	-541	-415
Interest & Investment Income	99	138	131	1	-	-
Earnings From Equity Investments	-4	-21	-25	21	-19	-65
Currency Exchange Gain (Loss)	264	-195	198	-21	-181	379
Other Non Operating Income (Expenses)	-169	-162	-188	-111	-258	-806
EBT Excluding Unusual Items	1,584	708	1,189	353	-2,649	-5,533
Merger & Restructuring Charges	-55	-55	-2	-28	56	-846
Gain (Loss) on Sale of Investments	-	-	-	-	-21	-7
Gain (Loss) on Sale of Assets	6	37	32	66	-19	41
Asset Writedown	-	-	-	-	-40	-680
Other Unusual Items	-7	-117	-65	-37	-903	9
Pretax Income	1,528	573	1,154	354	-3,576	-7,016
Income Tax Expense	381	84	164	-390	-282	89
Earnings From Continuing Operations	1,147	489	990	744	-3,294	-7,105
Net Income to Company	1,147	489	990	744	-3,294	-7,105
Minority Interest in Earnings	-167	-172	-56	-16	2	5
Net Income	980	317	934	728	-3,292	-7,100
Preferred Dividends & Other Adjustments	77	73	162	137	151	-
Net Income to Common	903	244	772	591	-3,443	-7,100
Net Income Growth	690.32%	-66.06%	28.30%	-	-	-
Shares Outstanding (Basic)	263	263	179	169	58	43
Shares Outstanding (Diluted)	263	263	197	194	58	43
Shares Change (YoY)	11.05%	33.41%	1.37%	235.63%	35.39%	-6.13%
EPS (Basic)	3.44	0.93	4.30	3.49	-59.50	-166.11
EPS (Diluted)	3.42	0.93	4.08	3.09	-59.50	-166.11
EPS Growth	1002.55%	-77.22%	32.03%	-	-	-
Free Cash Flow	831	-232	55	1,884	-668	-4,925
Free Cash Flow Per Share	3.16	-0.88	0.28	9.70	-11.54	-115.22
Gross Margin	20.73%	19.16%	20.55%	19.10%	11.76%	-5.20%
Operating Margin	6.21%	5.02%	5.57%	3.91%	-11.53%	-41.72%
Profit Margin	2.76%	0.78%	2.57%	2.24%	-24.05%	-64.03%
Free Cash Flow Margin	2.54%	-0.74%	0.18%	7.14%	-4.67%	-44.42%
EBITDA	3,569	2,977	2,936	2,366	-247	-3,075
EBITDA Margin	10.91%	9.46%	9.78%	8.96%	-1.73%	-27.73%
D&A For EBITDA	1,537	1,398	1,263	1,334	1,403	1,551
EBIT	2,032	1,579	1,673	1,032	-1,650	-4,626
EBIT Margin	6.21%	5.02%	5.57%	3.91%	-11.53%	-41.72%
Effective Tax Rate	24.93%	14.66%	14.21%	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.