KLM Royal Dutch Airlines 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
Revenue	13,175	12,681	12,050	10,679	6,065
Revenue Growth (YoY)	3.90%	5.24%	12.84%	76.08%	18.46%
Cost of Revenue	11,923	11,770	10,828	9,259	6,468
Gross Profit	1,252	911	1,222	1,420	-403
Other Operating Expenses	-48	-11	-301	-184	-146
Operating Expenses	1,069	988	615	737	761
Operating Income	183	-77	607	683	-1,164
Interest Expense	-192	-201	-207	-178	-219
Interest & Investment Income	64	83	82	30	14
Earnings From Equity Investments	-2	8	5	-	3
Currency Exchange Gain (Loss)	187	-67	58	63	57
Other Non Operating Income (Expenses)	-111	-109	-77	-142	-176
EBT Excluding Unusual Items	129	-363	468	456	-1,485
Merger & Restructuring Charges	-16	-9	-6	-6	-4
Gain (Loss) on Sale of Investments	-	-	1	-3	-2
Gain (Loss) on Sale of Assets	271	473	489	-	-
Asset Writedown	-	-	-	-8	-
Legal Settlements	-	-	-	-	-22
Pretax Income	384	101	952	439	-1,513
Income Tax Expense	100	31	238	-305	-255
Earnings From Continuing Operations	284	70	714	744	-1,258
Minority Interest in Earnings	-1	-1	-1	-1	-1
Net Income	283	69	713	743	-1,259
Net Income to Common	283	69	713	743	-1,259
Net Income Growth	310.14%	-90.32%	-4.04%	-	-
Shares Outstanding (Basic)	47	47	47	47	47
Shares Outstanding (Diluted)	47	47	47	47	47
Shares Change (YoY)	-0.51%	0.26%	0.01%	-	-
EPS (Basic)	6.06	1.47	15.23	15.87	-26.90
EPS (Diluted)	6.06	1.47	15.23	15.87	-26.90
EPS Growth	312.25%	-90.35%	-4.03%	-	-
Free Cash Flow	-188	-281	286	1,849	819
Free Cash Flow Per Share	-4.03	-5.99	6.11	39.50	17.50
Dividend Per Share	0.836	0.307	-	-	-
Dividend Growth	172.22%	-	-	-	-
Gross Margin	9.50%	7.18%	10.14%	13.30%	-6.64%
Operating Margin	1.39%	-0.61%	5.04%	6.40%	-19.19%
Profit Margin	2.15%	0.54%	5.92%	6.96%	-20.76%
Free Cash Flow Margin	-1.43%	-2.22%	2.37%	17.31%	13.50%
EBITDA	812	484	1,135	1,201	-686
EBITDA Margin	6.16%	3.82%	9.42%	11.25%	-11.31%
D&A For EBITDA	629	561	528	518	478
EBIT	183	-77	607	683	-1,164
EBIT Margin	1.39%	-0.61%	5.04%	6.40%	-19.19%
Effective Tax Rate	26.04%	30.69%	25.00%	-	-

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