Latam Airlines (LTM) Cost of Revenue (2009 - 2026)
Latam Airlines (LTM) reported Cost of Revenue of $2.8 million for Q1 2026, up 287731.78% on a YoY basis from N/an in Q1 2025, and down 99.71% quarter-over-quarter from $968.5 million in Q4 2025.
Latam Airlines (LTM) Cost of Revenue (2009 - 2026) Analysis & Trends
Latam Airlines has reported Cost of Revenue for 17 years, with the latest figure at $2.8 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 287731.78% year-over-year to $2.8 million; the trailing twelve-month figure through Mar 2026 stood at $2622.2 billion (up 8.86% YoY), and the FY2025 full-year result was $10.1 billion, up 5.63% from the prior year.
- Cost of Revenue for Q1 2026 stood at $2.8 million, down from $968.5 million in the prior quarter.
- The five-year high for Cost of Revenue was $2621.2 billion in Q3 2025, with the low at $0.75 in Q1 2022.
- Historically, Cost of Revenue has averaged $553.1 billion across 5 years, with a median of $930.1 million in 2024.
- Annual changes were most pronounced in 2023 — Cost of Revenue surged 288989567928274.44% — and 2024, when it slumped 100.0%.
- Latam Airlines' Cost of Revenue stood at $1.1 billion in 2022, then climbed by 1.47% to $1.1 billion in 2023, then slipped by 14.56% to $930.1 million in 2024, then increased by 4.13% to $968.5 million in 2025, then slumped by 99.71% to $2.8 million in 2026.
- The last three Cost of Revenue figures came in at $2.8 million (Q1 2026), $968.5 million (Q4 2025), and $2621.2 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryanair Holdings | 453.97 Bn | 448.50 Bn | 1.55 Bn | 1.39 Bn |
| 2 | Delta Air Lines | 54.89 Bn | 49.84 Bn | 15.19 Bn | 666.00 Mn |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 47.52 Bn | 46.49 Bn | -239.00 Mn | 315.00 Mn |
| 4 | Southwest Airlines | 23.88 Bn | 20.55 Bn | 6.21 Bn | 1.04 Bn |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn | 249.18 Mn |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn | 99.00 Mn |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn | 89.07 Mn |
| 8 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 2.23 Bn | 2.23 Bn | - | - |
| 9 | Jetblue Airways | 2.11 Bn | -62.86 Mn | 1.87 Bn | 366.00 Mn |
| 10 | Latam Airlines | 247.02 Mn | -2.43 Bn | 1.28 Mn | 2.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.80 Mn |
| Mar 31, 2026 | 2.80 Mn |
| Dec 31, 2025 | 968.50 Mn |
| Dec 31, 2025 | 968.50 Mn |
| Sep 30, 2025 | 2,621.24 Bn |
| Sep 30, 2025 | 2,621.24 Bn |
| Jun 30, 2025 | 2.37 Mn |
| Jun 30, 2025 | 2.37 Mn |
| Mar 31, 2025 | 973.96 |
| Mar 31, 2025 | 973.96 |
| Dec 31, 2024 | 930.09 Mn |
| Dec 31, 2024 | 930.09 Mn |
| Sep 30, 2024 | 2,407.89 Bn |
| Sep 30, 2024 | 2,407.89 Bn |
| Jun 30, 2024 | 2.35 Mn |
| Jun 30, 2024 | 2.35 Mn |
| Mar 31, 2024 | 2,393.90 |
| Mar 31, 2024 | 2,393.90 |
| Dec 31, 2023 | 1.09 Bn |
| Dec 31, 2023 | 1.09 Bn |