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
Download Data| Date | Value |
|---|---|
| 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 |