Air France-KLM revenue and financials
€11.24Change from previous close: −2.39%Absolute change: −€0.28
In the fiscal year ended December 2025, Air France-KLM reported revenue of €33.01B (+4.92% year over year). Net income was €1.59B, a net margin of 4.8%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +4.92%
- 2025 vs 2024
- Net income growth
- +402.52%
- 2025 vs 2024
- Net margin
- 4.8%
- 2024: 1.0%
Financial data
Amounts in millions of EUR; per-share values in EUR; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 996 | 1,622 | 1,014 | 1,014 | 1,190 | 1,905 | 928 | 918 | 881 | 769 | -260 | 636 |
| Depreciation and amortization | 855 | 786 | 670 | 844 | 805 | 759 | 555 | 738 | 693 | 669 | 519 | 654 |
| Capital expenditure | -840 | -940 | -1,108 | -1,131 | -997 | -1,213 | -797 | -985 | -1,292 | -654 | -1,271 | -977 |
| Investing cash flow | -37.0 | -809 | -597 | -610 | -928 | -842 | -504 | -863 | -862 | -539 | -1,265 | -606 |
| Financing cash flow | -1,805 | 379 | -715 | -212 | -13.0 | -1,291 | -177 | -767 | -154 | -1,016 | 1,252 | 278 |
| Dividends paid | -1.0 | -55.0 | -1.0 | -76.0 | -6.0 | -60.0 | — | -70.0 | -5.0 | -57.0 | — | -35.0 |
| Share repurchases | 0.0 | -1.0 | -304 | -497 | -1.0 | 0.0 | — | — | — | — | — | — |
| Debt issued | 120 | 1,010 | 373 | 1,045 | 29.0 | 285 | 579 | 220 | 980 | 12.0 | 298 | 263 |
| Debt repaid | -1,487 | -432 | -557 | -542 | -271 | -1,368 | -524 | -771 | -886 | -827 | -453 | -343 |
| Effect of exchange rates | 15.0 | 15.0 | 4.0 | -4.0 | -9.0 | -21.0 | 30.0 | -14.0 | -28.0 | 46.0 | -26.0 | 9.0 |
| Net change in cash | -831 | 1,207 | -294 | 188 | 240 | -249 | 277 | -726 | -163 | -740 | -299 | 317 |
| Free cash flow | 156 | 682 | -94.0 | -117 | 193 | 692 | 131 | -67.0 | -411 | 115 | -1,531 | -341 |
| Levered free cash flow | 355 | -282 | -79.6 | -626 | 86.5 | 1,147 | -322 | 82.5 | -747 | 592 | -295 | -1,579 |