TAV Havalimanlari Holding A.S. (IST:TAVHL)

Revenue by Segment

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Terminal Operations	59.73B	44.89B	27.77B	17.02B	6.28B
Terminal Operations Growth	33.08%	61.61%	63.15%	170.88%	276.32%
Food and Drink	12.13B	7.43B	4.48B	2.26B	1.06B
Food and Drink Growth	63.16%	65.94%	98.60%	113.78%	122.83%
Duty Free Shop	18.83B	9.68B	6.03B	3.03B	1.23B
Duty Free Shop Growth	94.49%	60.66%	98.81%	147.12%	194.91%
Ground Handling and Bus Management Operations	29.77B	22.30B	10.53B	5.68B	3.48B
Ground Handling and Bus Management Operations Growth	33.48%	111.70%	85.62%	63.28%	124.43%
Other Operations	20.74B	14.21B	6.87B	4.02B	2.09B
Other Operations Growth	46.03%	106.62%	70.94%	91.98%	129.51%
Interdepartmental Eliminations	-8.25B	-4.38B	-3.48B	-1.87B	-1.32B
Unallocated The Effect of Using The Equity Method for Business Partnerships	-50.80B	-34.92B	-17.77B	-11.83B	-4.97B
Total	82.15B	59.21B	34.43B	18.31B	7.84B
Total Growth	38.74%	71.96%	88.07%	133.55%	197.44%

Revenue by Geography

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Turkiye	34.97B	23.37B	13.59B	6.57B	4.03B
Turkiye Growth	49.62%	71.94%	106.98%	63.10%	115.95%
Kazakhstan	22.04B	17.61B	10.73B	5.89B	1.57B
Kazakhstan Growth	25.10%	64.14%	82.12%	275.46%	-
Georgia	7.67B	5.31B	3.03B	1.72B	799.25M
Georgia Growth	44.44%	75.44%	75.52%	115.75%	329.43%
Macedonia	2.83B	1.94B	1.32B	665.00M	362.56M
Macedonia Growth	46.03%	47.40%	97.97%	83.42%	201.28%
Tunisia	2.76B	1.95B	1.11B	469.73M	161.20M
Tunisia Growth	41.59%	75.34%	136.70%	191.39%	132.66%
Croatia	2.13B	1.45B	853.19M	458.38M	67.25M
Croatia Growth	46.80%	69.71%	86.13%	581.56%	-
Qatar	1.52B	844.78M	338.96M	896.38M	94.04M
Qatar Growth	79.75%	149.23%	-62.19%	853.18%	-
France	1.44B	1.12B	36.55M	-	-
France Growth	28.11%	2967.81%	-	-	-
Latvia	1.38B	1.02B	681.35M	347.36M	201.73M
Latvia Growth	34.87%	50.10%	96.15%	72.19%	120.43%
Umman	1.17B	1.10B	710.66M	361.77M	152.11M
Umman Growth	6.22%	55.41%	96.44%	137.84%	103.97%
Saudi Arabia	692.82M	501.23M	273.08M	199.72M	152.29M
Saudi Arabia Growth	38.22%	83.55%	36.73%	31.15%	99.73%
Spain	414.31M	780.67M	478.41M	194.07M	88.61M
Spain Growth	-46.93%	63.18%	146.52%	119.02%	78.60%
Other	3.15B	2.21B	1.28B	532.23M	164.42M
Other Growth	42.63%	71.89%	141.06%	223.71%	-20.21%
Total	82.15B	59.21B	34.43B	18.31B	7.84B
Total Growth	38.74%	71.96%	88.07%	133.55%	186.29%

Source: S&P Global Market Intelligence.