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
DateValue
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