Emirates Group reported a record half-year profit of AED 12.2 billion (US$ 3.3 billion) for 2025–26 — its fourth consecutive half-year record — driven by strong passenger demand, premium experiences, and the growing power of its Skywards loyalty programme.
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EmiratesThe Emirates Group has announced a new record financial performance for the first half of the 2025–26 fiscal year, achieving a profit before tax of AED 12.2 billion (US$ 3.3 billion). This marks the fourth consecutive year of record half-year profitability for the Group.
After income tax charges, the profit after tax reached AED 10.6 billion (US$ 2.9 billion) — a 13% increase over the same period last year. Revenue for the first six months rose 4% year-on-year to AED 75.4 billion (US$ 20.6 billion), driven by sustained travel demand across global markets and robust performance across both passenger and cargo operations.
The Group maintained a strong EBITDA of AED 21.1 billion (US$ 5.7 billion), up 3% from the previous year, underscoring solid operational efficiency and disciplined cost management.
Strong Growth Across Emirates Airline and dnata
Emirates Airline contributed AED 11.4 billion (US$ 3.1 billion) in profit before tax, a 17% year-on-year increase, on revenue of AED 65.6 billion (US$ 17.9 billion). The airline continues to benefit from high global demand, particularly across premium cabins and long-haul routes.
dnata, the Group’s air services division, delivered a profit before tax of AED 843 million (US$ 230 million) from AED 11.7 billion (US$ 3.2 billion) in revenue — reflecting healthy growth in its airport operations, catering, and travel services divisions.
As of 30 September 2025, the Group’s cash balance stood at AED 56 billion (US$ 15.2 billion), maintaining a solid liquidity position to support ongoing investment and expansion plans.
Resilient Performance and Future Outlook
The record results highlight Emirates Group’s resilience and ability to adapt in a dynamic global environment, balancing capacity growth with prudent financial management. Despite ongoing challenges such as aircraft delivery delays and fuel price fluctuations, the company continues to strengthen Dubai’s position as one of the world’s foremost aviation and logistics hubs.
Looking ahead, the Group remains focused on expanding its global network, upgrading its fleet, investing in digital transformation, and driving sustainability initiatives as part of its long-term strategy.
Source: Emirates
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