Latam Airlines (LTM) Operating Income (2009 - 2026)
Latam Airlines (LTM) reported Operating Income of $822.5 million for Q1 2026, up 43.49% on a YoY basis from $573.2 million in Q1 2025, and up 24.41% quarter-over-quarter from $661.1 million in Q4 2025.
Latam Airlines (LTM) Operating Income (2009 - 2026) Analysis & Trends
Latam Airlines has reported Operating Income for 17 years, with the latest figure at $822.5 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Income rose 43.49% year-over-year to $822.5 million; the trailing twelve-month figure through Mar 2026 stood at $2.6 billion (up 47.57% YoY), and the FY2025 full-year result was $2.3 billion, up 51.56% from the prior year.
- Operating Income for Q1 2026 stood at $822.5 million, up from $661.1 million in the prior quarter.
- The five-year high for Operating Income was $822.5 million in Q1 2026, with the low at -$359.4 billion in Q2 2022.
- Historically, Operating Income has averaged -$28.0 billion across 5 years, with a median of $409.1 million in 2023.
- Annual changes were most pronounced in 2022 — Operating Income sank 100360.38% — and 2023, when it jumped 430569.6%.
- Latam Airlines' Operating Income stood at $219.7 million in 2022, then soared by 60.39% to $352.5 million in 2023, then jumped by 31.44% to $463.3 million in 2024, then jumped by 42.71% to $661.1 million in 2025, then rose by 24.41% to $822.5 million in 2026.
- The last three Operating Income figures came in at $822.5 million (Q1 2026), $661.1 million (Q4 2025), and $697.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryanair Holdings | 453.97 Bn | 448.50 Bn | 1.55 Bn | -590.64 Mn |
| 2 | Delta Air Lines | 54.89 Bn | 49.84 Bn | 15.19 Bn | 501.00 Mn |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 47.52 Bn | 46.49 Bn | -239.00 Mn | 142.00 Mn |
| 4 | Southwest Airlines | 23.88 Bn | 20.55 Bn | 6.21 Bn | 330.00 Mn |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn | 209.59 Mn |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn | -279.00 Mn |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn | 123.69 Mn |
| 8 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 2.23 Bn | 2.23 Bn | - | -21.00 Mn |
| 9 | Jetblue Airways | 2.11 Bn | -62.86 Mn | 1.87 Bn | -224.00 Mn |
| 10 | Latam Airlines | 247.02 Mn | -2.43 Bn | 1.28 Mn | 822.52 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 822.52 Mn |
| Dec 31, 2025 | 661.13 Mn |
| Sep 30, 2025 | 697.78 Mn |
| Jun 30, 2025 | 431.58 Mn |
| Mar 31, 2025 | 573.23 Mn |
| Dec 31, 2024 | 463.28 Mn |
| Sep 30, 2024 | 460.43 Mn |
| Jun 30, 2024 | 273.80 Mn |
| Mar 31, 2024 | 462.71 Mn |
| Dec 31, 2023 | 352.46 Mn |
| Sep 30, 2023 | 409.13 Mn |
| Jun 30, 2023 | 271.24 Mn |
| Mar 31, 2023 | 295.07 Mn |
| Dec 31, 2022 | 219.75 Mn |
| Sep 30, 2022 | -123.17 Bn |
| Jun 30, 2022 | -359.40 Bn |
| Mar 31, 2022 | -68,547.00 |
| Dec 31, 2021 | 169.91 Mn |
| Sep 30, 2021 | -479.23 Mn |
| Jun 30, 2021 | -357.75 Mn |