El Al Israel Airlines Income Statement

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

Millions USD. 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	3,476	3,432	2,503	1,986	857.2
Revenue Growth (YoY)	1.29%	37.10%	26.05%	131.66%	37.58%
Cost of Revenue	2,191	1,996	1,697	1,481	721.2
Gross Profit	1,286	1,436	806.3	504.5	136
Selling, General & Admin	437.7	426.2	327.7	289.5	198.9
Other Operating Expenses	24.6	11.6	-12.4	-75.7	28.9
Operating Expenses	734.9	696.3	563.9	423.9	456.4
Operating Income	550.6	739.9	242.4	80.6	-320.4
Interest Expense	-3.6	-93.5	-103.2	-98.4	-102.7
Interest & Investment Income	-	47.9	9.8	4.1	-
Currency Exchange Gain (Loss)	-	2.2	-6.1	7.1	-
Other Non Operating Income (Expenses)	-	-20	-18	-16.1	-0.1
EBT Excluding Unusual Items	547	676.5	124.9	-22.7	-423.2
Gain (Loss) on Sale of Assets	-	0.6	0.2	8.3	-
Asset Writedown	-	7.2	-	-	-
Other Unusual Items	-	-6.8	-	-	-
Pretax Income	547	677.5	125.1	-14.4	-423.2
Income Tax Expense	136.6	132.6	8.4	-123.8	-10.1
Earnings From Continuing Operations	410.4	544.9	116.7	109.4	-413.1
Minority Interest in Earnings	-7.1	-3.5	-4.1	-0.7	0.1
Net Income	403.3	541.4	112.6	108.7	-413
Net Income to Common	403.3	541.4	112.6	108.7	-413
Net Income Growth	-25.51%	380.82%	3.59%	-	-
Shares Outstanding (Basic)	528	376	275	216	211
Shares Outstanding (Diluted)	575	459	413	397	211
Shares Change (YoY)	25.35%	11.04%	4.21%	88.00%	86.26%
EPS (Basic)	0.76	1.44	0.41	0.50	-1.96
EPS (Diluted)	0.70	1.18	0.27	0.28	-1.96
EPS Growth	-40.61%	332.34%	-3.01%	-	-
Free Cash Flow	704.1	1,268	336.5	259.3	-15.7
Free Cash Flow Per Share	1.22	2.76	0.81	0.65	-0.07
Gross Margin	36.98%	41.85%	32.21%	25.41%	15.87%
Operating Margin	15.84%	21.56%	9.68%	4.06%	-37.38%
Profit Margin	11.60%	15.78%	4.50%	5.47%	-48.18%
Free Cash Flow Margin	20.26%	36.94%	13.44%	13.06%	-1.83%
EBITDA	726.8	905.3	392	189.6	-198.5
EBITDA Margin	20.91%	26.38%	15.66%	9.55%	-23.16%
D&A For EBITDA	176.2	165.4	149.6	109	121.9
EBIT	550.6	739.9	242.4	80.6	-320.4
EBIT Margin	15.84%	21.56%	9.68%	4.06%	-37.38%
Effective Tax Rate	24.97%	19.57%	6.71%	-	-
Advertising Expenses	-	23.2	23	21.6	-

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