Air France-KLM 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	33,007	31,459	30,019	26,393	14,315
Revenue	33,007	31,459	30,019	26,393	14,315
Revenue Growth (YoY)	4.92%	4.80%	13.74%	84.37%	29.10%
Cost of Revenue	26,074	25,433	23,851	21,352	12,632
Gross Profit	6,933	6,026	6,168	5,041	1,683
Selling, General & Admin	1,146	1,060	1,029	887	385
Other Operating Expenses	651	744	970	700	577
Operating Expenses	4,851	4,447	4,495	4,009	3,333
Operating Income	2,082	1,579	1,673	1,032	-1,650
Interest Expense	-627	-631	-600	-569	-541
Interest & Investment Income	92	138	131	1	-
Earnings From Equity Investments	-33	-21	-25	21	-19
Currency Exchange Gain (Loss)	577	-195	198	-21	-181
Other Non Operating Income (Expenses)	-212	-162	-188	-111	-258
EBT Excluding Unusual Items	1,879	708	1,189	353	-2,649
Merger & Restructuring Charges	-48	-55	-2	-28	56
Gain (Loss) on Sale of Investments	-	-	-	-	-21
Gain (Loss) on Sale of Assets	43	37	32	66	-19
Asset Writedown	-	-	-	-	-40
Other Unusual Items	3	-117	-65	-37	-903
Pretax Income	1,877	573	1,154	354	-3,576
Income Tax Expense	123	84	164	-390	-282
Earnings From Continuing Operations	1,754	489	990	744	-3,294
Net Income to Company	1,754	489	990	744	-3,294
Minority Interest in Earnings	-161	-172	-56	-16	2
Net Income	1,593	317	934	728	-3,292
Preferred Dividends & Other Adjustments	61	73	162	137	151
Net Income to Common	1,532	244	772	591	-3,443
Net Income Growth	402.52%	-66.06%	28.30%	-	-
Shares Outstanding (Basic)	263	263	179	169	58
Shares Outstanding (Diluted)	281	263	197	194	58
Shares Change (YoY)	6.82%	33.41%	1.37%	235.63%	35.39%
EPS (Basic)	5.83	0.93	4.30	3.49	-59.50
EPS (Diluted)	5.50	0.93	4.08	3.09	-59.50
EPS Growth	492.37%	-77.22%	32.03%	-	-
Free Cash Flow	606	-232	55	1,884	-668
Free Cash Flow Per Share	2.16	-0.88	0.28	9.70	-11.54
Gross Margin	21.00%	19.16%	20.55%	19.10%	11.76%
Operating Margin	6.31%	5.02%	5.57%	3.91%	-11.53%
Profit Margin	4.64%	0.78%	2.57%	2.24%	-24.05%
Free Cash Flow Margin	1.84%	-0.74%	0.18%	7.14%	-4.67%
EBITDA	3,672	2,977	2,936	2,366	-247
EBITDA Margin	11.13%	9.46%	9.78%	8.96%	-1.73%
D&A For EBITDA	1,590	1,398	1,263	1,334	1,403
EBIT	2,082	1,579	1,673	1,032	-1,650
EBIT Margin	6.31%	5.02%	5.57%	3.91%	-11.53%
Effective Tax Rate	6.55%	14.66%	14.21%	-	-

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