Finnair Oyj Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	3,106	3,049	2,989	2,357	838.4
Other Revenue	-	-	-	6.8	-
Revenue	3,106	3,049	2,989	2,363	838.4
Revenue Growth (YoY)	1.88%	2.02%	26.45%	181.89%	1.11%
Cost of Revenue	2,693	2,621	2,464	2,255	1,017
Gross Profit	413.2	427.6	524.2	108.1	-178.4
Selling, General & Admin	129	123	117.1	103.1	38.1
Other Operating Expenses	-109.2	-128	-117.1	-146.7	-39.2
Operating Expenses	363.3	324.6	332.5	273.5	316.7
Operating Income	49.9	103	191.7	-165.4	-495.1
Interest Expense	-81.9	-96.9	-116.7	-108.2	-88.4
Interest & Investment Income	23.7	6.4	14.7	2.8	1.6
Currency Exchange Gain (Loss)	17.3	-5.8	13.7	-38.8	-22.5
Other Non Operating Income (Expenses)	-	-8.7	-22	-29.7	-17.9
EBT Excluding Unusual Items	9	-2	81.4	-339.3	-622.3
Merger & Restructuring Charges	-	-0.7	-13.7	-35.2	-
Gain (Loss) on Sale of Investments	-	36.8	38	3.7	-0.4
Gain (Loss) on Sale of Assets	14.6	12	13.4	-	23.3
Asset Writedown	-0.2	-	-	-	-2
Other Unusual Items	-	-	-	-	19.5
Pretax Income	23.4	46.1	119.1	-370.8	-581.9
Income Tax Expense	5	9.1	-135.2	105.4	-117.6
Earnings From Continuing Operations	18.4	37	254.3	-476.2	-464.3
Net Income	18.4	37	254.3	-476.2	-464.3
Preferred Dividends & Other Adjustments	-	-	37.3	29.1	16.4
Net Income to Common	18.4	37	217	-505.3	-480.7
Net Income Growth	-50.27%	-85.45%	-	-	-
Shares Outstanding (Basic)	204	205	96	14	14
Shares Outstanding (Diluted)	204	206	99	14	14
Shares Change (YoY)	-0.54%	107.45%	604.34%	0.05%	33.66%
EPS (Basic)	0.09	0.18	2.25	-35.92	-34.19
EPS (Diluted)	0.09	0.18	2.19	-35.92	-34.19
EPS Growth	-50.00%	-91.78%	-	-	-
Free Cash Flow	192.9	379.1	68.1	171	-101.6
Free Cash Flow Per Share	0.94	1.84	0.69	12.15	-7.23
Gross Margin	13.30%	14.03%	17.54%	4.57%	-21.28%
Operating Margin	1.61%	3.38%	6.42%	-7.00%	-59.05%
Profit Margin	0.59%	1.21%	7.26%	-21.38%	-57.34%
Free Cash Flow Margin	6.21%	12.43%	2.28%	7.23%	-12.12%
EBITDA	259.1	283.3	346.4	-25.6	-318.4
EBITDA Margin	8.34%	9.29%	11.59%	-1.08%	-37.98%
D&A For EBITDA	209.2	180.3	154.7	139.8	176.7
EBIT	49.9	103	191.7	-165.4	-495.1
EBIT Margin	1.61%	3.38%	6.42%	-7.00%	-59.05%
Effective Tax Rate	21.37%	19.74%	-	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.