Air New Zealand Income Statement

Financials in millions NZD. Fiscal year is July - June.

Millions NZD. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Operating Revenue	6,484	6,399	6,490	6,110	2,609	2,400
Other Revenue	312	356	262	220	124	114
Revenue	6,796	6,755	6,752	6,330	2,733	2,514
Revenue Growth (YoY)	1.72%	0.04%	6.67%	131.61%	8.71%	-48.00%
Cost of Revenue	5,280	5,096	5,017	4,363	2,323	1,829
Gross Profit	1,516	1,659	1,735	1,967	410	685
Selling, General & Admin	353	342	333	299	138	80
Other Operating Expenses	433	416	458	386	274	245
Operating Expenses	1,522	1,485	1,507	1,380	1,080	1,040
Operating Income	-6	174	228	587	-670	-355
Interest Expense	-138	-149	-186	-164	-94	-87
Interest & Investment Income	81	101	153	119	14	8
Earnings From Equity Investments	43	38	30	39	27	19
Currency Exchange Gain (Loss)	6	25	-3	4	-3	-32
EBT Excluding Unusual Items	-14	189	222	585	-726	-447
Merger & Restructuring Charges	-	-	-	-	1	-39
Asset Writedown	-	-	-	12	-30	-73
Other Unusual Items	-	-	-	-23	-55	144
Pretax Income	-14	189	222	574	-810	-415
Income Tax Expense	-2	63	76	162	-219	-123
Net Income	-12	126	146	412	-591	-292
Net Income to Common	-12	126	146	412	-591	-292
Net Income Growth	-	-13.70%	-64.56%	-	-	-
Shares Outstanding (Basic)	3,335	3,358	3,368	3,368	1,449	1,123
Shares Outstanding (Diluted)	3,335	3,367	3,369	3,377	1,449	1,123
Shares Change (YoY)	-0.78%	-0.06%	-0.24%	133.06%	29.03%	-
EPS (Basic)	-0.00	0.04	0.04	0.12	-0.41	-0.26
EPS (Diluted)	-0.00	0.04	0.04	0.12	-0.41	-0.26
EPS Growth	-	-13.95%	-64.75%	-	-	-
Free Cash Flow	-447	160	19	1,251	209	92
Free Cash Flow Per Share	-0.13	0.05	0.01	0.37	0.14	0.08
Dividend Per Share	0.013	0.025	0.035	-	-	-
Dividend Growth	-54.55%	-28.57%	-	-	-	-
Gross Margin	22.31%	24.56%	25.70%	31.07%	15.00%	27.25%
Operating Margin	-0.09%	2.58%	3.38%	9.27%	-24.52%	-14.12%
Profit Margin	-0.18%	1.86%	2.16%	6.51%	-21.63%	-11.62%
Free Cash Flow Margin	-6.58%	2.37%	0.28%	19.76%	7.65%	3.66%
EBITDA	380	551	601	935	-340	-40
EBITDA Margin	5.59%	8.16%	8.90%	14.77%	-12.44%	-1.59%
D&A For EBITDA	386	377	373	348	330	315
EBIT	-6	174	228	587	-670	-355
EBIT Margin	-0.09%	2.58%	3.38%	9.27%	-24.52%	-14.12%
Effective Tax Rate	-	33.33%	34.23%	28.22%	-	-
Revenue as Reported	6,796	6,755	6,752	6,330	2,734	2,517

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