Latam Airlines (LTM) Gross Margin (2009 - 2026)

Latam Airlines' Gross Margin history runs 18 years deep, the most recent figure standing at 0.03% for Q1 2026.

• Quarterly Gross Margin fell 2781313.0% year-over-year to 0.03% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.11% (down 4876.0% YoY) and the FY2025 annual result came in at 29.16%, up 370.0% from the prior year.
• Gross Margin was 0.03% for Q1 2026 at Latam Airlines, down from 105.27% in the prior quarter.
• Across five years, Gross Margin topped out at 27813.16% in Q1 2025 and bottomed at 25404.27% in Q4 2022.
• A 5-year average of 164.01% and a median of 7.72% in 2022 frame the typical range for Gross Margin.
• Annual changes were most pronounced in 2025 — Gross Margin soared 2778643 bps — and 2026, when it sank 2781313 bps.
• Latam Airlines' Gross Margin stood at 25404.27% in 2022, then soared by 100 bps to 86.8% in 2023, then gained by 11 bps to 96.16% in 2024, then increased by 9 bps to 105.27% in 2025, then tumbled by 100 bps to 0.03% in 2026.
• Business Quant data shows LTM's Gross Margin at 0.03% in Q1 2026, 105.27% in Q4 2025, and 0.0% in Q3 2025.