Growth Metrics

Latam Airlines (LTM) Cost of Revenue (2009 - 2026)

Latam Airlines posted quarterly Cost of Revenue of $1.0 billion for Q1 2026, up 43107.96% year-on-year from N/an in Q1 2025, and up 7.07% on a QoQ basis from $968.5 million in Q4 2025.

Latam Airlines (LTM) has 17 years of Cost of Revenue data on file, last reported at $1.0 billion in Q1 2026.

  • For the quarter ending Q1 2026, Cost of Revenue rose 43107.96% year-over-year to $1.0 billion; the trailing twelve-month figure through Mar 2026 stood at $2623.2 billion (up 8.9% 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 $1.0 billion, up from $968.5 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $2621.2 billion in Q3 2025 and bottomed at $2393.9 in Q1 2024.
  • The 5-year median for Cost of Revenue is $1.0 billion (2026), against an average of $790.7 billion.
  • The widest annual swing landed in 2022, when Cost of Revenue soared 196967876.18%; it then sank 100.0% in 2024.
  • A 5-year view of Cost of Revenue shows it stood at $1.1 billion in 2022, then grew by 1.47% to $1.1 billion in 2023, then dropped by 14.56% to $930.1 million in 2024, then rose by 4.13% to $968.5 million in 2025, then climbed by 7.07% to $1.0 billion in 2026.
  • The last three Cost of Revenue figures came in at $1.0 billion (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 Delta Air Lines 53.78 Bn 48.72 Bn 15.19 Bn 666.00 Mn
2 Southwest Airlines 21.39 Bn 18.06 Bn 6.21 Bn 1.04 Bn
3 Grupo Aeromexico, S.A.B. de C.V 18.50 Bn 17.47 Bn -239.00 Mn 315.00 Mn
4 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 8.98 Bn 8.98 Bn - -
5 Alaska Air 5.26 Bn 3.49 Bn 3.20 Bn 99.00 Mn
6 Skywest 3.43 Bn 2.80 Bn 924.11 Mn 89.07 Mn
7 Copa Holdings 3.33 Bn 1.99 Bn 713.71 Mn 249.18 Mn
8 Jetblue Airways 2.03 Bn -140.72 Mn 1.87 Bn 366.00 Mn
9 Allegiant Travel 1.67 Bn 765.78 Mn 651.87 Mn 19.93 Mn
10 Latam Airlines 237.16 Mn -2.43 Bn 1.28 Mn 1.04 Bn

Historic Data

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DateValue
Mar 31, 2026 1.04 Bn
Mar 31, 2026 1.04 Bn
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 2.40 Mn
Mar 31, 2025 2.40 Mn
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
Sep 30, 2023 2,199.47 Bn
Sep 30, 2023 2,199.47 Bn
Jun 30, 2023 2,018.30 Bn
Jun 30, 2023 2,018.30 Bn
Mar 31, 2023 2.17 Mn
Mar 31, 2023 2.17 Mn
Dec 31, 2022 1.07 Bn
Dec 31, 2022 1.07 Bn
Sep 30, 2022 2,182.14 Bn
Sep 30, 2022 2,182.14 Bn
Jun 30, 2022 2,008.32 Bn
Jun 30, 2022 2,008.32 Bn
Mar 31, 2022 1.76 Mn
Mar 31, 2022 1.76 Mn
Dec 31, 2021 -3,415.61 Bn
Dec 31, 2021 -3,415.61 Bn
Sep 30, 2021 1,357.16 Bn
Sep 30, 2021 1,357.16 Bn
Jun 30, 2021 1.02 Mn
Jun 30, 2021 1.02 Mn
Mar 31, 2021 1.04 Mn
Mar 31, 2021 1.04 Mn
Dec 31, 2020 4.51 Bn
Dec 31, 2020 4.51 Bn
Sep 30, 2020 798,870.00
Sep 30, 2020 798,870.00
Jun 30, 2020 877,447.00
Jun 30, 2020 877,447.00
Mar 31, 2020 1.85 Mn
Mar 31, 2020 1.85 Mn
Dec 31, 2019 743.78 Mn
Dec 31, 2019 743.78 Mn
Sep 30, 2019 1.94 Bn
Sep 30, 2019 1.94 Bn
Jun 30, 2019 1.93 Mn
Jun 30, 2019 1.93 Mn
Mar 31, 2019 746.55 Mn
Mar 31, 2019 746.55 Mn
Dec 31, 2018 832.35 Mn
Dec 31, 2018 832.35 Mn
Sep 30, 2018 747.26 Mn
Sep 30, 2018 747.26 Mn
Jun 30, 2018 685.56 Mn
Jun 30, 2018 685.56 Mn
Mar 31, 2018 1.98 Mn
Mar 31, 2018 1.98 Mn
Dec 31, 2017 650.91 Mn
Dec 31, 2017 650.91 Mn
Sep 30, 2017 1.86 Mn
Sep 30, 2017 1.86 Mn
Jun 30, 2017 1,742.88 Bn
Jun 30, 2017 1,742.88 Bn
Mar 31, 2017 595.03
Mar 31, 2017 595.03
Dec 31, 2016 557.02 Mn
Dec 31, 2016 557.02 Mn
Sep 30, 2016 1.82 Mn
Sep 30, 2016 1.82 Mn
Jun 30, 2016 1.67 Mn
Jun 30, 2016 1.67 Mn
Mar 31, 2016 1.66 Mn
Mar 31, 2016 1.66 Mn
Dec 31, 2015 7.64 Mn
Dec 31, 2015 7.64 Mn
Sep 30, 2015 658.84
Sep 30, 2015 658.84
Jun 30, 2015 674.97
Jun 30, 2015 674.97
Mar 31, 2015 2.04 Mn
Mar 31, 2015 2.04 Mn
Dec 31, 2014 9.62 Mn
Dec 31, 2014 9.62 Mn
Sep 30, 2014 2.44 Mn
Sep 30, 2014 2.44 Mn
Jun 30, 2014 2.42 Mn
Jun 30, 2014 2.42 Mn
Mar 31, 2014 2.46 Mn
Mar 31, 2014 2.46 Mn
Sep 30, 2012 1.16 Bn
Sep 30, 2012 1.16 Bn
Jun 30, 2012 1.16 Bn
Jun 30, 2012 1.16 Bn
Mar 31, 2012 493.77 Mn
Mar 31, 2012 493.77 Mn
Dec 31, 2011 467.75 Mn
Dec 31, 2011 467.75 Mn
Sep 30, 2011 1,044.29 Bn
Sep 30, 2011 1,044.29 Bn
Jun 30, 2011 430.88 Mn
Jun 30, 2011 430.88 Mn
Mar 31, 2011 389.90 Mn
Mar 31, 2011 389.90 Mn
Dec 31, 2010 318.80 Mn
Dec 31, 2010 318.80 Mn
Sep 30, 2010 766.18 Bn
Sep 30, 2010 766.18 Bn
Jun 30, 2010 277.35 Mn
Jun 30, 2010 277.35 Mn
Dec 31, 2009 263.95 Mn
Dec 31, 2009 263.95 Mn