Latam Airlines (LTM) Tax Provisions (2010 - 2026)
Latam Airlines (LTM) reported Tax Provisions of -$52811.0 for Q1 2026, down 594.33% on a YoY basis from $10683.3 in Q1 2025, and down 100.03% quarter-over-quarter from $155.1 million in Q4 2025.
Latam Airlines (LTM) Tax Provisions (2010 - 2026) Analysis & Trends
Latam Airlines has reported Tax Provisions for 16 years, with the latest figure at -$52811.0 in Q1 2026.
- For the quarter ending Q1 2026, Tax Provisions fell 594.33% year-over-year to -$52811.0; the trailing twelve-month figure through Mar 2026 stood at $155.0 million (up 839.66% YoY), and the FY2025 full-year result was $155.1 million, up 840.37% from the prior year.
- Tax Provisions for Q1 2026 stood at -$52811.0, down from $155.1 million in the prior quarter.
- The five-year high for Tax Provisions was $155.1 million in Q4 2025, with the low at -$70054.0 in Q3 2025.
- Historically, Tax Provisions has averaged $11.5 million across 5 years, with a median of $3376.0 in 2023.
- Annual changes were most pronounced in 2025 — Tax Provisions jumped 841.02% — and 2026, when it tumbled 594.33%.
- Latam Airlines' Tax Provisions stood at $8.8 million in 2022, then surged by 69.21% to $14.9 million in 2023, then advanced by 10.4% to $16.5 million in 2024, then jumped by 841.02% to $155.1 million in 2025, then slumped by 100.03% to -$52811.0 in 2026.
- The last three Tax Provisions figures came in at -$52811.0 (Q1 2026), $155.1 million (Q4 2025), and -$70054.0 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (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 | 75.00 Mn |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 47.52 Bn | 46.49 Bn | -239.00 Mn | 2.00 |
| 4 | Southwest Airlines | 23.88 Bn | 20.55 Bn | 6.21 Bn | 58.00 Mn |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn | - |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn | -124.00 Mn |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn | 6.08 Mn |
| 8 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 2.23 Bn | 2.23 Bn | - | 18.00 Mn |
| 9 | Jetblue Airways | 2.11 Bn | -62.86 Mn | 1.87 Bn | -17.00 Mn |
| 10 | Latam Airlines | 247.02 Mn | -2.43 Bn | 1.28 Mn | -52,811.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -52,811.00 |
| Dec 31, 2025 | 155.15 Mn |
| Sep 30, 2025 | -70,054.00 |
| Jun 30, 2025 | -11,480.00 |
| Mar 31, 2025 | -7,606.00 |
| Dec 31, 2024 | 16.49 Mn |
| Sep 30, 2024 | 27,949.00 |
| Jun 30, 2024 | -10,885.00 |
| Mar 31, 2024 | -15,143.00 |
| Dec 31, 2023 | 14.93 Mn |
| Sep 30, 2023 | 3,376.00 |
| Jun 30, 2023 | -2,792.00 |
| Mar 31, 2023 | 6,879.00 |
| Dec 31, 2022 | 8.83 Mn |
| Sep 30, 2022 | 79,252.00 |
| Jun 30, 2022 | -1,962.00 |
| Mar 31, 2022 | 10,895.00 |
| Dec 31, 2021 | 568.27 Mn |
| Sep 30, 2021 | 90,994.00 |
| Jun 30, 2021 | 355,389.00 |