LATAM Airlines Group S.A. (LTM)
NYSE: LTM · Real-Time Price · USD
60.52
+0.81 (1.36%)
At close: Feb 17, 2026, 4:00 PM EST
59.91
-0.61 (-1.01%)
After-hours: Feb 17, 2026, 5:01 PM EST

LATAM Airlines Group Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
14,26512,83311,6419,3634,884
Revenue Growth (YoY)
11.16%10.24%24.33%91.70%24.48%
Cost of Revenue
10,1059,5668,8178,1034,963
Gross Profit
4,1603,2672,8241,259-79.47
Selling, General & Admin
1,4491,4311,2711,003731.31
Other Operating Expenses
375.18295.4475.2378.96277.82
Operating Expenses
1,8251,7261,7461,3821,009
Operating Income
2,3361,5411,078-122.95-1,089
Interest Expense
-620.07-820.85-682.89-911.83-748.02
Interest & Investment Income
146.28142.41125.3649.82-
Currency Exchange Gain (Loss)
-141.49172.9285.8925.99131.41
Other Non Operating Income (Expenses)
-101.64-41.59-10.0358.72-41.81
EBT Excluding Unusual Items
1,619993.93596.49-900.24-1,747
Merger & Restructuring Charges
---1,680-2,337
Gain (Loss) on Sale of Assets
----345.41-
Other Unusual Items
---911.76-
Pretax Income
1,619993.93596.491,346-4,084
Income Tax Expense
155.0616.4914.948.91568.94
Earnings From Continuing Operations
1,464977.45581.551,337-4,653
Minority Interest in Earnings
-3.58-0.470.282.075.65
Net Income
1,460976.97581.831,339-4,647
Net Income to Common
1,460976.97581.831,339-4,647
Net Income Growth
49.44%67.91%-56.55%--
Shares Outstanding (Basic)
589,302604,438604,43896,614606
Shares Outstanding (Diluted)
589,306604,442604,44298,530606
Shares Change (YoY)
-2.50%-513.46%16148.22%-
EPS (Basic)
0.000.000.000.01-7.66
EPS (Diluted)
0.000.000.000.01-7.66
EPS Growth
53.22%67.98%-92.92%--
Free Cash Flow
1,9611,7811,468-683.74-771.34
Free Cash Flow Per Share
0.000.000.00-0.01-1.27
Dividend Per Share
-0.0000.000--
Dividend Growth
-67.82%---
Gross Margin
29.16%25.46%24.26%13.45%-1.63%
Operating Margin
16.37%12.01%9.26%-1.31%-22.29%
Profit Margin
10.23%7.61%5.00%14.30%-95.16%
Free Cash Flow Margin
13.75%13.88%12.61%-7.30%-15.79%
EBITDA
3,5562,6051,824576.1-434.04
EBITDA Margin
24.93%20.30%15.67%6.15%-8.89%
D&A For EBITDA
1,2211,064745.65699.05654.57
EBIT
2,3361,5411,078-122.95-1,089
EBIT Margin
16.37%12.01%9.26%-1.31%-22.29%
Effective Tax Rate
9.58%1.66%2.50%0.66%-
Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.
SEC Filings: 10-K · 10-Q