Latam Airlines (LTM) Tax Provisions (2009 - 2026)
Latam Airlines (LTM) posted Tax Provisions of -$52.8 million for Q1 2026, up 19.88% on a QoQ basis from -$65.9 million in Q4 2025, and down 594.33% year-over-year from $10.7 million in Q1 2025.
Latam Airlines (LTM) Tax Provisions (2009 - 2026) Analysis & Trends
Latam Airlines' Tax Provisions history runs 18 years deep, the most recent figure standing at -$52.8 million for Q1 2026.
- Quarterly Tax Provisions fell 594.33% year-over-year to -$52.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$200.3 million (down 2137.06% YoY) and the FY2025 annual result came in at $155.1 million, up 840.37% from the prior year.
- Tax Provisions was -$52.8 million for Q1 2026 at Latam Airlines, up from -$65.9 million in the prior quarter.
- Across five years, Tax Provisions topped out at $79.3 million in Q3 2022 and bottomed at -$97.1 million in Q4 2022.
- A 5-year average of -$14.3 million and a median of -$7.6 million in 2025 frame the typical range for Tax Provisions.
- Peak annual rise in Tax Provisions reached 827773.22% in 2024, while the deepest fall reached 389763.9% in 2024.
- Latam Airlines' Tax Provisions stood at -$97.1 million in 2022, then jumped by 76.93% to -$22.4 million in 2023, then rose by 17.83% to -$18.4 million in 2024, then sank by 258.05% to -$65.9 million in 2025, then grew by 19.88% to -$52.8 million in 2026.
- Business Quant data shows LTM's Tax Provisions at -$52.8 million in Q1 2026, -$65.9 million in Q4 2025, and -$70.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Latam Airlines | 29,341.35 Bn | 29,338.67 Bn | 1.28 Mn | -52.81 Mn |
| 2 | Ryanair Holdings | 183.33 Bn | 180.79 Bn | - | -62.82 Mn |
| 3 | Delta Air Lines | 53.61 Bn | 48.95 Bn | 19.07 Bn | 405.00 Mn |
| 4 | Southwest Airlines | 21.85 Bn | 18.53 Bn | 7.33 Bn | 73.00 Mn |
| 5 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.69 Bn | 7.93 Bn | - | - |
| 6 | Copa Holdings | 5.59 Bn | 4.26 Bn | 713.71 Mn | -19.33 Mn |
| 7 | Alaska Air | 5.12 Bn | 3.35 Bn | 3.20 Bn | -124.00 Mn |
| 8 | Skywest | 3.85 Bn | 3.22 Bn | 1.01 Bn | 38.15 Mn |
| 9 | Jetblue Airways | 1.85 Bn | 1.44 Bn | 1.87 Bn | -17.00 Mn |
| 10 | Allegiant Travel | 1.72 Bn | 818.03 Mn | 651.87 Mn | 23.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -52.81 Mn |
| Dec 31, 2025 | -65.92 Mn |
| Sep 30, 2025 | -70.05 Mn |
| Jun 30, 2025 | -11.48 Mn |
| Mar 31, 2025 | -7.61 Mn |
| Dec 31, 2024 | -18.41 Mn |
| Sep 30, 2024 | 27.95 Mn |
| Jun 30, 2024 | -10.89 Mn |
| Mar 31, 2024 | -15,143.00 |
| Dec 31, 2023 | -22.41 Mn |
| Sep 30, 2023 | 3,376.00 |
| Jun 30, 2023 | -2,792.00 |
| Mar 31, 2023 | 6.88 Mn |
| Dec 31, 2022 | -97.10 Mn |
| Sep 30, 2022 | 79.25 Mn |
| Jun 30, 2022 | -1,962.00 |
| Mar 31, 2022 | 10,895.00 |
| Dec 31, 2021 | -1.23 Bn |
| Sep 30, 2021 | 90,994.00 |
| Jun 30, 2021 | 355,389.00 |