Ethiopian Airlines financial results 2026: revenue, passengers, cargo & capacity

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Company-reported performance, unit economics, balance-sheet and fleet metrics from FY2022 to the latest published period. Metrics are in the same order as the Airline Comparison tool.

— metrics in this profile FY2022 → Q2 2026 Updated — Next results —

At a glance

Latest reported period

Metrics

Full-year history

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RReportedDirect company disclosure CCalculatedDerived from company figures GGroup-levelBroader than the airline entity DCompany-definedNon-standard measure —Missing dataNot stored, not disclosed or not applicable; see each cell

Analysis

What the numbers say

More detail

Additional disclosures

Guidance vs actual

Did the airline deliver?

What management guided at the start of each financial year compared with what was reported. Within the guided range = met; for cost metrics, below the range = beat.

Fleet & orders

Fleet composition

Key events

What moved the numbers

Peers

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FAQ

Frequently asked questions

Methodology

How to read this page

Every figure keeps the company’s own reporting period, currency, entity scope and terminology. Partial periods are not annualised, currencies are not converted and missing KPIs are not estimated. Core metrics follow the Airline comparison tool.

  1. Fiscal years are labelled by the calendar year in which they end (a year to 31 Mar 2025 appears as FY2025). The exact period end is shown in the first row, with a link to the source document.
  2. Quarters follow the company’s reporting calendar; the company’s own label is noted beneath the period.
  3. YoY change compares with the same period one year earlier: % change for amounts, percentage points (pp) for ratios. Green means favourable (for costs, a fall is favourable). n.m. = not meaningful.
  4. Operating margin uses operating profit or EBIT ÷ revenue. EBITDA, EBITDAR and their margins are separate disclosures and are not substitutes for operating profit or margin. Company-defined measures keep their source labels (marked D).
  5. Sources: annual reports, interim results and traffic statements. See Data & Research.

Quick answers

What was Ethiopian Airlines’s revenue in 2026?

Ethiopian Airlines reported revenue of $9.1bn in FY2025/26 (year to 30 Jun 2026).

Company-reported figures from our airline database. Definitions, currencies and reporting periods differ between airlines; see the tables on this page and the comparison tool for detail.

Text version of the Ethiopian Airlines data on this page

Ethiopian Airlines data snapshot

  • Scope: Ethiopian Airlines Group (state-owned)
  • Region: Africa
  • Business model: Global network group
  • Financial year end: 30 Jun
  • Reporting currency: USD
  • Source: Annual performance highlights
  • Latest period: FY2026
  • Last updated: 2026-09-27

Latest read

Ethiopian Airlines Group earned record revenue of $9.1 billion in the year to June 2026, up 20%, carrying 20.7 million passengers (+10%) and 897,000 tonnes of cargo (+16%). Expenses rose 25%, faster than revenue, and the group did not disclose profit for the year.

Reported metrics by period

Annual results

  • FY2026 (FY2025/26 · 30 Jun 2026): Revenue: $9.1bn (Record; +20% YoY); Passengers: 20.7m (+10% YoY); Capacity / ASK: 92.7bn ASK (Annual); Revenue passenger km (RPK): 72.1bn (RPK); Load factor: 77.8% (RPK ÷ ASK) [Calculated]; Operating profit / result: Not disclosed (Profit not disclosed for FY2025/26) [Unavailable]; Ancillary revenue: 897,000 t cargo (+16% YoY); Fleet growth / guidance: 16 freighters planned (8 firm + options; 777-8F or A350F; 25 regional aircraft also under evaluation) [Defined]. Source: Ethiopian FY2025/26 performance highlights.
  • FY2025 (FY2024/25 · 30 Jun 2025): Revenue: $7.6bn (Implied by 20% growth in FY2025/26) [Calculated]; Passengers: 18.8m (Implied by 10% growth in FY2025/26) [Calculated]. Source: Ethiopian FY2025/26 results (prior-year implied).

Sources