VLRS Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	3,129	3,038	3,142	3,259	2,847	2,200
Revenue Growth (YoY)	2.52%	-3.32%	-3.59%	14.46%	29.40%	104.68%
Cost of Revenue	2,280	2,207	2,033	2,257	2,184	1,325
Gross Profit	849	830.59	1,109	1,002	663.42	875.24
Selling, General & Admin	145	144.21	169.47	167.34	124.29	96.71
Depreciation & Amortization Expenses	671	656.75	593.05	496.31	417.93	326.4
Other Operating Expenses	-92	-105.36	-67.2	115.15	77.52	55.1
Total Operating Expenses	724	695.6	695.33	778.81	619.74	478.21
Operating Income	125	134.99	413.22	222.71	43.69	397.03
Interest Income	45	47.84	49.44	38.22	12.9	3.53
Interest Expense	-310	-314.14	-293.64	-219.34	-192.54	-139.37
Other Non-Operating Income (Expense)	10	13.06	13.66	-34.15	3.58	-124.16
Total Non-Operating Income (Expense)	-255	-253.24	-230.53	-215.27	-176.05	-260
Pretax Income	-130	-118.25	182.69	7.44	-132.36	137.03
Provision for Income Taxes	6	14.38	-56.31	0.38	52.14	-30.57
Net Income	-160	-103.87	126.38	7.07	-80.22	106.45
Net Income to Common	-160	-103.87	126.38	7.07	-80.22	106.45
Net Income Growth	-	-	1688.75%	-	-	-
Shares Outstanding (Basic)	115	115	115	115	116	115
Shares Outstanding (Diluted)	116	115	117	117	117	117
Shares Change (YoY)	-0.54%	-1.43%	0.03%	0.03%	-0.04%	14.13%
EPS (Basic)	-1.08	-0.90	1.10	0.07	-0.69	0.92
EPS (Diluted)	-1.07	-0.90	1.08	0.07	-0.69	0.91
EPS Growth	-	-	1442.86%	-	-	-
Shares Outstanding	114.86	114.86	114.97	1,151	1,153	1,156
Free Cash Flow	-	458.24	506.65	249.07	266.46	599.24
Free Cash Flow Growth	-	-9.56%	103.42%	-6.52%	-55.53%	958.42%
Free Cash Flow Per Share	-	3.99	4.35	2.14	2.29	5.14
Gross Margin	27.13%	27.34%	35.28%	30.73%	23.30%	39.78%
Operating Margin	3.99%	4.44%	13.15%	6.83%	1.53%	18.04%
Profit Margin	-5.11%	-3.42%	4.02%	0.22%	-2.82%	4.84%
FCF Margin	-	15.09%	16.13%	7.64%	9.36%	27.23%
EBITDA	125	791.74	1,006	719.02	461.62	723.43
EBITDA Margin	3.99%	26.07%	32.03%	22.06%	16.21%	32.88%
EBIT	125	134.99	413.22	222.71	43.69	397.03
EBIT Margin	3.99%	4.44%	13.15%	6.83%	1.53%	18.04%
Effective Tax Rate	-4.62%	-12.16%	-30.83%	5.07%	-39.39%	-22.31%

Updated Mar 31, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q