LATAM Airlines Group revenue and financials
$25.35Change from previous close: +2.30%Absolute change: +$0.57
In the fiscal year ended December 2025, LATAM Airlines Group reported revenue of $14.27B (+11.16% year over year). Net income was $1.46B, a net margin of 10.2%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +11.16%
- 2025 vs 2024
- Net income growth
- +49.44%
- 2025 vs 2024
- Net margin
- 10.2%
- 2024: 7.6%
Financial data
Amounts in millions of USD; per-share values in USD; 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 | 610 | 933 | 1,208 | 988 | 863 | 678 | 991 | 760 | 897 | 458 | 705 | 588 |
| Depreciation and amortization | 463 | 469 | 445 | 428 | 402 | 370 | 383 | 349 | 326 | 317 | 101 | 303 |
| Capital expenditure | -354 | -320 | -498 | -344 | -564 | -370 | -545 | -352 | -325 | -102 | -367 | -166 |
| Investing cash flow | -338 | -287 | -402 | -308 | -547 | -323 | -529 | -308 | -302 | -30.8 | -322 | -167 |
| Financing cash flow | -164 | -291 | -649 | -750 | -421 | -200 | -451 | -311 | -537 | -266 | -318 | -299 |
| Dividends paid | -126 | -89.3 | -312 | 0.0 | -293 | -0.3 | — | — | -175 | — | — | — |
| Share repurchases | — | — | — | -433 | -152 | — | — | — | — | — | — | — |
| Debt issued | 248 | 114 | 114 | 790 | 396 | 49.5 | 1,750 | — | — | — | — | — |
| Debt repaid | -192 | -180 | -273 | -886 | -170 | -157 | -1,920 | -137 | -154 | -137 | -123 | -188 |
| Effect of exchange rates | 2.3 | 35.4 | -24.1 | 17.5 | 28.2 | 33.1 | -63.0 | 14.8 | -56.3 | -24.2 | 19.5 | -18.4 |
| Net change in cash | 110 | 391 | 134 | -52.5 | -77.7 | 189 | -52.4 | 157 | 2.0 | 137 | 85.3 | 104 |
| Free cash flow | 256 | 613 | 711 | 644 | 299 | 308 | 446 | 408 | 571 | 356 | 339 | 423 |
| Levered free cash flow | 227 | 393 | 429 | 313 | 235 | 549 | 336 | 499 | 489 | 268 | 6.9 | 212 |