Growth Metrics

Latam Airlines (LTM) Operating Expenses (2016 - 2025)

Historic Operating Expenses for Latam Airlines (LTM) over the last 17 years, with Q4 2025 value amounting to -$3.3 billion.

  • Latam Airlines' Operating Expenses fell 1230.04% to -$3.3 billion in Q4 2025 from the same period last year, while for Dec 2025 it was -$12.2 billion, marking a year-over-year decrease of 698.75%. This contributed to the annual value of -$12.2 billion for FY2025, which is 691.05% down from last year.
  • Per Latam Airlines' latest filing, its Operating Expenses stood at -$3.3 billion for Q4 2025, which was down 1230.04% from -$3.2 billion recorded in Q3 2025.
  • Over the past 5 years, Latam Airlines' Operating Expenses peaked at -$159913.0 during Q1 2022, and registered a low of -$6071.3 billion during Q4 2021.
  • Over the past 5 years, Latam Airlines' median Operating Expenses value was -$2.7 billion (recorded in 2023), while the average stood at -$305.7 billion.
  • Per our database at Business Quant, Latam Airlines' Operating Expenses surged by 9998.74% in 2022 and then tumbled by 156974360.25% in 2023.
  • Latam Airlines' Operating Expenses (Quarter) stood at -$6071.3 billion in 2021, then surged by 99.96% to -$2.5 billion in 2022, then decreased by 14.82% to -$2.9 billion in 2023, then decreased by 1.14% to -$2.9 billion in 2024, then dropped by 12.3% to -$3.3 billion in 2025.
  • Its Operating Expenses stands at -$3.3 billion for Q4 2025, versus -$3.2 billion for Q3 2025 and -$2.9 billion for Q2 2025.