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
DateValue
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