Virgin Australia financial results 2026: revenue, EBIT, RASK, CASK & fleet
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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.
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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.
- 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.
- Quarters follow the company’s reporting calendar; the company’s own label is noted beneath the period.
- 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.
- 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).
- Sources: annual reports, interim results and traffic statements. See Data & Research.
Quick answers
Is Virgin Australia profitable?
Yes. Virgin Australia reported an operating profit of A$753m in FY26 (year to 30 Jun 2026), a 12.0% margin.
What was Virgin Australia’s revenue in 2026?
Virgin Australia reported revenue of A$6.278bn in FY26 (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 Virgin Australia data on this page
Virgin Australia data snapshot
- Scope: Virgin Australia Holdings Ltd (ASX: VGN), incl. Velocity
- Region: Asia-Pacific
- Business model: Hybrid network
- Financial year end: 30 Jun
- Reporting currency: AUD
- Source: ASX results releases & investor presentations
- Latest period: FY2026
- Last updated: 2026-09-27
Latest read
Virgin Australia grew FY26 revenue 8.1% to a record A$6.28 billion and underlying EBIT 13.4% to A$753 million, a 12.0% margin, as RASK rose 5.9% on flat load factor. Net debt fell to A$1.15 billion, 0.9x underlying EBITDA, and the airline declared its first dividend since re-listing, 7.6 cents a share.
Reported metrics by period
Annual results
- FY2026 (FY26 · 30 Jun 2026): Passengers: 21.3m (+3.2% YoY); Revenue: A$6.278bn (Record; +8.1% YoY); Operating profit / result: A$753m underlying EBIT (+13.4% YoY) [Defined]; Operating margin: 12.0% (Underlying EBIT margin; +0.6pt) [Defined]; EBITDA / EBITDAR: A$1.240bn (Underlying EBITDA; 19.7% margin) [Defined]; Net profit: A$501.2m (Statutory NPAT; underlying A$403.6m, +21.9%); Profit before tax: A$603.0m (Statutory profit before tax); Load factor: 84.9% (Flat YoY); Capacity / ASK: 34.3bn ASK (+1.8% YoY); RASK / yield: 17.5¢ RASK (+5.9% YoY); CASK ex-fuel: 12.5¢ CASK ex-fuel (+7.0% YoY); Fuel cost: A$1.091bn (Fuel and oil; flat YoY); Ancillary revenue: A$486.6m Velocity revenue (Underlying; Velocity EBIT A$142.9m, 29.4% margin) [Defined]; Cash / liquidity: A$1.844bn (Cash, equivalents and term deposits; liquidity A$1.6bn); Net debt / cash / leverage: A$1.154bn net debt (At 30 Jun 2026); Net debt ÷ EBITDA: 0.9x (Net debt ÷ underlying EBITDA); Capital expenditure: A$884m (Incl. A$502m aircraft, engines and PDPs); Free cash flow: A$908m (Company-defined free cash flow; operating cash flow A$1.3bn) [Defined]; Fleet size: 111 (Excl. wet lease; 21 737-8 MAX); Average fleet age: 11.5 yrs (Average fleet age); Fleet growth / guidance: Domestic capacity −3% (1H FY27 guidance) [Defined]; Fuel / hedging: 96% Brent hedged (1H FY27; 20% of refining margin). Source: Virgin Australia FY26 investor presentation.
- FY2025 (FY25 · 30 Jun 2025): Passengers: 20.7m (Passengers carried); Revenue: A$5.810bn (Revenue); Operating profit / result: A$664m underlying EBIT (Underlying EBIT) [Defined]; Operating margin: 11.4% (Underlying EBIT margin) [Defined]; EBITDA / EBITDAR: A$1.079bn (Underlying EBITDA; 18.6% margin) [Defined]; Net profit: A$478.5m (Statutory NPAT; underlying A$331.2m); Profit before tax: A$252.8m (Statutory profit before tax); Load factor: 84.9% (Annual); Capacity / ASK: 33.7bn ASK (Annual); RASK / yield: 16.5¢ RASK (Annual); CASK ex-fuel: 11.7¢ CASK ex-fuel (Annual); Fuel cost: A$1.091bn (Fuel and oil); Cash / liquidity: A$1.118bn (Cash, equivalents and term deposits); Net debt / cash / leverage: A$1.178bn net debt (At 30 Jun 2025); Net debt ÷ EBITDA: 1.1x (Net debt ÷ underlying EBITDA); Capital expenditure: A$496m (Capex spend); Fleet size: 104 (Excl. wet lease); Average fleet age: 13.4 yrs (Average fleet age). Source: Virgin Australia FY26 investor presentation (FY25 comparatives).
- FY2024 (FY24 · 30 Jun 2024): Operating profit / result: A$519m underlying EBIT (Underlying EBIT) [Defined]; Operating margin: 8.1% (Underlying EBIT margin) [Defined]. Source: Virgin Australia FY26 investor presentation (history).
- FY2023 (FY23 · 30 Jun 2023): Operating profit / result: A$439m underlying EBIT (Underlying EBIT) [Defined]; Operating margin: 6.8% (Underlying EBIT margin) [Defined]. Source: Virgin Australia FY26 investor presentation (history).