The Emirates Group has unveiled financial results for the 2025-26 fiscal year, with Emirates retaining its position as the world’s most profitable airline despite major regional disruptions late in the reporting period.
The Group posted a record profit before tax of AED 24.4 billion (US$6.6 billion), up 7% year-over-year, alongside record revenue of AED 150.5 billion (US$41 billion) and record cash assets of AED 59.6 billion (US$16.2 billion).
Similarly, Emirates subsidiary, dnata’s total revenue increased by 12% to hit a new record of AED 23.6 billion (US$ 6.4 billion), driven by increased flight and travel activity across the world, particularly in its major markets: Australia, Europe, the UAE, UK, and US.
According to a statement, Emirates carried 53.2 million passengers (down 1%) in 2025-26, with seat capacity down by 1%.
The airline reports a Passenger Seat Factor of 78.4%, a marginal decline from 78.9% last year. Passenger yield was higher by 4% at 38.1 fils (10.4 US cents) per Revenue Passenger Kilometre (RPKM).
His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates airline and Group in a statement said: ‘These outstanding results, despite significant challenges in the last month of our financial year, reaffirm the strength and resilience of the Emirates Group’s business model, which is rooted in safety, excellence, innovation, people and partnerships.