Latam Airlines (LTM) Other Operating Expenses (2009 - 2026)
Latam Airlines (LTM) reported Other Operating Expenses of -$3.3 billion for Q1 2026, down 36.03% on a YoY basis from -$5.2 billion in Q1 2025, and down 1.43% quarter-over-quarter from -$3.3 billion in Q4 2025.
Latam Airlines (LTM) Other Operating Expenses (2009 - 2026) Analysis & Trends
Latam Airlines has reported Other Operating Expenses for 17 years, with the latest figure at -$3.3 billion in Q1 2026.
- For the quarter ending Q1 2026, Other Operating Expenses fell 36.03% year-over-year to -$3.3 billion; the trailing twelve-month figure through Mar 2026 stood at -$12.7 billion (down 19.75% YoY), and the FY2025 full-year result was -$12.2 billion, down 6.91% from the prior year.
- Other Operating Expenses for Q1 2026 stood at -$3.3 billion, down from -$3.3 billion in the prior quarter.
- The five-year high for Other Operating Expenses was -$2.4 billion in Q2 2024, with the low at -$2338.4 billion in Q2 2022.
- Historically, Other Operating Expenses has averaged -$259.2 billion across 5 years, with a median of -$2.8 billion in 2024.
- Annual changes were most pronounced in 2022 — Other Operating Expenses slumped 187621.56% — and 2023, when it surged 99.9%.
- Latam Airlines' Other Operating Expenses stood at -$2.5 billion in 2022, then slipped by 14.82% to -$2.9 billion in 2023, then decreased by 1.14% to -$2.9 billion in 2024, then slipped by 12.3% to -$3.3 billion in 2025, then fell by 1.43% to -$3.3 billion in 2026.
- The last three Other Operating Expenses figures came in at -$3.3 billion (Q1 2026), -$3.3 billion (Q4 2025), and -$3.2 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ryanair Holdings | 453.97 Bn | 448.50 Bn | 1.55 Bn |
| 2 | Delta Air Lines | 54.89 Bn | 49.84 Bn | 15.19 Bn |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 47.52 Bn | 46.49 Bn | -239.00 Mn |
| 4 | Southwest Airlines | 23.88 Bn | 20.55 Bn | 6.21 Bn |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn |
| 8 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 2.23 Bn | 2.23 Bn | - |
| 9 | Jetblue Airways | 2.11 Bn | -62.86 Mn | 1.87 Bn |
| 10 | Latam Airlines | 247.02 Mn | -2.43 Bn | 1.28 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -3.34 Bn |
| Dec 31, 2025 | -3.29 Bn |
| Sep 30, 2025 | -3.17 Bn |
| Jun 30, 2025 | -2.86 Bn |
| Mar 31, 2025 | -2.45 Bn |
| Dec 31, 2024 | -2.93 Bn |
| Sep 30, 2024 | -2.83 Bn |
| Jun 30, 2024 | -2.35 Bn |
| Mar 31, 2024 | -2.47 Bn |
| Dec 31, 2023 | -2.90 Bn |
| Sep 30, 2023 | -2.65 Bn |
| Jun 30, 2023 | -2.40 Bn |
| Mar 31, 2023 | -2.51 Bn |
| Dec 31, 2022 | -2.52 Bn |
| Sep 30, 2022 | -2.49 Bn |
| Jun 30, 2022 | -2,338.40 Bn |
| Mar 31, 2022 | -2,027.58 Bn |
| Dec 31, 2021 | -4.16 Bn |
| Sep 30, 2021 | -1.79 Bn |
| Jun 30, 2021 | -1.25 Bn |