American 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	54,633	54,211	52,788	48,971	29,882
Revenue Growth (YoY)	0.78%	2.70%	7.79%	63.88%	72.36%
Cost of Revenue	42,272	40,820	39,042	37,957	27,836
Gross Profit	12,361	13,391	13,746	11,014	2,046
Selling, General & Admin	1,997	1,812	1,799	1,815	1,098
Depreciation & Amortization Expenses	1,890	1,926	1,936	1,977	2,019
Other Operating Expenses	7,007	7,039	6,977	5,615	-12
Total Operating Expenses	10,894	10,777	10,712	9,407	3,105
Operating Income	1,467	2,614	3,034	1,607	-1,059
Interest Income	357	468	591	216	18
Interest Expense	-1,716	-1,934	-2,145	-1,962	-1,800
Other Non-Operating Income (Expense)	82	6	-359	325	293
Total Non-Operating Income (Expense)	-1,277	-1,460	-1,913	-1,421	-1,489
Pretax Income	190	1,154	1,121	186	-2,548
Provision for Income Taxes	79	308	299	59	-555
Net Income	111	846	822	127	-1,993
Net Income to Common	111	846	822	127	-1,993
Net Income Growth	-86.88%	2.92%	547.24%	-	-
Shares Outstanding (Basic)	660	657	654	650	644
Shares Outstanding (Diluted)	661	721	720	655	644
Shares Change (YoY)	-8.35%	0.23%	9.85%	1.73%	33.09%
EPS (Basic)	0.17	1.29	1.26	0.20	-3.09
EPS (Diluted)	0.17	1.24	1.21	0.19	-3.09
EPS Growth	-86.29%	2.48%	536.84%	-	-
Shares Outstanding	660.3	657.57	654.27	650.64	647.73
Free Cash Flow	-680	1,300	1,207	-373	496
Free Cash Flow Growth	-	7.70%	-	-	-
Free Cash Flow Per Share	-1.03	1.80	1.68	-0.57	0.77
Gross Margin	22.63%	24.70%	26.04%	22.49%	6.85%
Operating Margin	2.69%	4.82%	5.75%	3.28%	-3.54%
Profit Margin	0.20%	1.56%	1.56%	0.26%	-6.67%
FCF Margin	-1.24%	2.40%	2.29%	-0.76%	1.66%
EBITDA	3,686	4,859	5,288	3,905	1,276
EBITDA Margin	6.75%	8.96%	10.02%	7.97%	4.27%
EBIT	1,467	2,614	3,034	1,607	-1,059
EBIT Margin	2.69%	4.82%	5.75%	3.28%	-3.54%
Effective Tax Rate	41.58%	26.69%	26.67%	31.72%	21.78%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q