LATAM Airlines Group 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	14,265	12,833	11,641	9,363	4,884
Revenue Growth (YoY)	11.16%	10.24%	24.33%	91.70%	24.48%
Cost of Revenue	10,105	9,566	8,817	8,103	4,963
Gross Profit	4,160	3,267	2,824	1,259	-79.47
Selling, General & Admin	1,449	1,431	1,271	1,003	731.31
Other Operating Expenses	835.05	696.73	772.49	2,019	-1,543
Total Operating Expenses	2,285	2,127	2,043	3,022	-812.04
Operating Income	2,336	1,541	1,078	1,212	-3,426
Interest Income	146.28	142.41	125.36	1,052	21.11
Interest Expense	-721.42	-881.95	-698.23	-942.4	-805.54
Other Non-Operating Income (Expense)	-	-	-	24.58	126.02
Total Non-Operating Income (Expense)	-575.14	-739.54	-572.88	134.47	-658.42
Pretax Income	1,619	993.93	596.49	1,346	-4,084
Provision for Income Taxes	-155.06	-16.49	-14.94	-8.91	-568.94
Net Income	1,460	976.97	581.83	1,355	-3,515
Minority Interest in Earnings	3.58	0.47	-0.28	-	-
Net Income to Common	1,460	976.97	581.83	1,355	-3,515
Net Income Growth	49.44%	67.91%	-57.06%	-	-
Shares Outstanding (Basic)	295	302	302	48	0
Shares Outstanding (Diluted)	295	302	302	49	0
Shares Change (YoY)	-2.50%	-	513.46%	16148.22%	-
EPS (Basic)	4.95	3.23	1.93	27.72	-15327.94
EPS (Diluted)	4.95	3.23	1.93	27.18	-15327.94
EPS Growth	53.28%	67.81%	-92.92%	-	-
Free Cash Flow	1,961	1,781	1,468	-683.74	-771.34
Free Cash Flow Growth	10.13%	21.33%	-	-	-
Free Cash Flow Per Share	6.66	5.89	4.86	-13.88	-2543.98
Dividends Per Share	-	0.000	0.000	-	-
Dividend Growth	-	67.82%	-	-	-
Gross Margin	29.16%	25.46%	24.26%	13.45%	-1.63%
Operating Margin	16.37%	12.01%	9.26%	12.94%	-70.14%
Profit Margin	12.43%	7.87%	5.25%	14.47%	-71.98%
FCF Margin	13.75%	13.88%	12.61%	-7.30%	-15.79%
EBITDA	2,336	1,541	1,078	1,212	-3,426
EBIT	2,336	1,541	1,078	1,212	-3,426
EBIT Margin	16.37%	12.01%	9.26%	12.94%	-70.14%
Effective Tax Rate	-9.58%	-1.66%	-2.50%	-0.66%	13.93%

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

SEC Filings: 10-K · 10-Q