Ryanair Holdings operating income 1996–2027
Ryanair Holdings's operating income in Q2 FY2027, the three months to 30 September 2026, was 1.82B EUR, down 6.5% on the same quarter a year before. Ryanair Holdings's operating income over the last twelve months was 1.91B EUR, down 20.6% on the twelve months before. In fiscal year 2026 it was 2.46B EUR, up 57.8% on the year before.
Last updated 6 Nov 2026 · Next report 25 Jan 2027
Operating income
Growth
| Fiscal year | Period ending | Operating income | Growth | Operating margin | Gross profit | Gross margin | EBITDA |
|---|---|---|---|---|---|---|---|
| TTM | 30 Sept 2026 | 1.91B | -20.59% | 12.08% | 2.45B | 15.50% | 3.50B |
| FY2026 | 31 Mar 2026 | 2.46B | +57.84% | 15.82% | 3.26B | 20.99% | 3.83B |
| FY2025 | 31 Mar 2025 | 1.56B | -24.39% | 11.17% | 2.65B | 19.00% | 3.07B |
| FY2024 | 31 Mar 2024 | 2.06B | +42.85% | 15.33% | 3.88B | 28.84% | 3.12B |
| FY2023 | 31 Mar 2023 | 1.44B | — | 13.39% | 3.04B | 28.21% | 2.37B |
| FY2022 | 31 Mar 2022 | -339.60M | — | -7.07% | 791.10M | 16.48% | 381.00M |
| FY2021 | 31 Mar 2021 | -839.40M | -174.45% | -51.31% | -66.90M | -4.09% | -467.90M |
| FY2020 | 31 Mar 2020 | 1.13B | +10.88% | 13.27% | 2.45B | 28.90% | 1.88B |
| FY2019 | 31 Mar 2019 | 1.02B | -39.02% | 13.21% | 2.20B | 28.64% | 1.65B |
| FY2018 | 31 Mar 2018 | 1.67B | +8.69% | 23.32% | 2.64B | 36.90% | 2.23B |
| FY2017 | 31 Mar 2017 | 1.53B | +5.08% | 23.08% | 2.35B | 35.41% | 2.03B |
| FY2016 | 31 Mar 2016 | 1.46B | +40.00% | 22.34% | 2.18B | 33.35% | 1.89B |
| FY2015 | 31 Mar 2015 | 1.04B | +59.45% | 18.44% | 1.65B | 29.26% | 1.42B |
| FY2014 | 31 Mar 2014 | 654.00M | -8.91% | 12.98% | 1.20B | 23.80% | 1.01B |
| FY2013 | 31 Mar 2013 | 718.00M | +5.09% | 14.70% | 1.25B | 25.50% | 1.05B |
| FY2012 | 31 Mar 2012 | 683.20M | +39.94% | 15.56% | 863.20M | 19.66% | 1.05B |
| FY2011 | 31 Mar 2011 | 488.20M | +21.41% | 13.45% | 655.20M | 18.05% | 792.50M |
| FY2010 | 31 Mar 2010 | 402.10M | +334.09% | 13.46% | 1.12B | 37.39% | 648.50M |
| FY2009 | 31 Mar 2009 | 92.63M | -82.75% | 3.15% | 809.94M | 27.53% | 424.27M |
| FY2008 | 31 Mar 2008 | 537.08M | +13.85% | 19.79% | 1.14B | 41.92% | 712.00M |
| FY2007 | 31 Mar 2007 | 471.75M | +25.78% | 21.09% | 697.57M | 31.18% | 677.42M |
| FY2006 | 31 Mar 2006 | 375.05M | +13.83% | 22.16% | 556.52M | 32.88% | 499.45M |
| FY2005 | 31 Mar 2005 | 329.49M | +31.12% | 24.65% | 379.80M | 28.42% | -375.68M |
| FY2004 | 31 Mar 2004 | 251.29M | -4.63% | 23.39% | 322.42M | 30.01% | -568.39M |
| FY2003 | 31 Mar 2003 | 263.47M | +61.71% | 31.27% | 340.78M | 40.45% | -269.22M |
| FY2002 | 31 Mar 2002 | 162.93M | +42.91% | 26.11% | 442.23M | 70.86% | 38.62M |
| FY2001 | 31 Mar 2001 | 114.01M | +35.64% | 23.39% | 236.55M | 48.53% | -77.66M |
| FY2000 | 31 Mar 2000 | 84.06M | +23.86% | 22.71% | 176.33M | 47.64% | -65.70M |
| FY1999 | 31 Mar 1999 | 67.86M | +20.58% | 22.94% | 144.03M | 48.70% | -47.66M |
| FY1998 | 31 Mar 1998 | 56.28M | +243.20% | 24.27% | 92.02M | 39.69% | 63.28M |
| FY1997 | 31 Mar 1997 | 16.40M | -32.74% | 15.88% | 38.79M | 37.56% | 24.20M |
| FY1996 | 31 Mar 1996 | 24.38M | — | 17.45% | 139.75M | 100.00% | 17.09M |
| Quarter | Period ending | Operating income | Growth on a year before | Operating margin | Gross profit | Gross margin | EBITDA |
|---|---|---|---|---|---|---|---|
| Q2 FY2027 | 30 Sept 2026 | 1.82B | -6.54% | 31.94% | 2.05B | 36.02% | 2.22B |
| Q1 FY2027 | 30 Jun 2026 | 575.40M | -37.00% | 13.12% | 778.40M | 17.76% | 992.50M |
| Q4 FY2026 | 31 Mar 2026 | -504.50M | — | -20.08% | -657.80M | -26.18% | -145.00M |
| Q3 FY2026 | 31 Dec 2025 | 18.20M | -44.17% | 0.57% | 277.20M | 8.62% | 429.60M |
| Q2 FY2026 | 30 Sept 2025 | 1.95B | +18.10% | 35.53% | 2.51B | 45.78% | 2.31B |
| Q1 FY2026 | 30 Jun 2025 | 913.30M | +149.74% | 21.06% | 1.13B | 26.16% | 1.26B |
| Q4 FY2025 | 31 Mar 2025 | -489.10M | — | -21.29% | -99.20M | -4.32% | 98.90M |
| Q3 FY2025 | 31 Dec 2024 | 32.60M | — | 1.10% | 268.40M | 9.07% | 324.50M |
| Q2 FY2025 | 30 Sept 2024 | 1.65B | -3.27% | 32.55% | 1.90B | 37.43% | 1.96B |
| Q1 FY2025 | 30 Jun 2024 | 365.70M | -48.58% | 10.09% | 898.20M | 24.77% | 678.90M |
| Q4 FY2024 | 31 Mar 2024 | -336.20M | — | -15.49% | 63.20M | 2.91% | -98.90M |
| Q3 FY2024 | 31 Dec 2023 | -18.90M | -112.48% | -0.70% | 399.10M | 14.79% | 244.50M |
| Q2 FY2024 | 30 Sept 2023 | 1.70B | +33.61% | 34.60% | 2.23B | 45.22% | 1.99B |
| Q1 FY2024 | 30 Jun 2023 | 711.20M | +196.83% | 19.49% | 1.19B | 32.54% | 986.10M |
| Q4 FY2023 | 31 Mar 2023 | -224.30M | — | -12.14% | 180.00M | 9.75% | 33.10M |
| Q3 FY2023 | 31 Dec 2022 | 151.40M | — | 6.55% | 524.20M | 22.67% | 431.40M |
| Q2 FY2023 | 30 Sept 2022 | 1.28B | +402.28% | 31.78% | 1.70B | 42.25% | 1.46B |
| Q1 FY2023 | 30 Jun 2022 | 239.60M | — | 9.21% | 639.70M | 24.59% | 449.50M |
| Q4 FY2022 | 31 Mar 2022 | -172.40M | — | -14.66% | 146.00M | 12.41% | 15.20M |
| Q3 FY2022 | 31 Dec 2021 | -116.70M | — | -7.94% | 191.10M | 13.00% | 84.80M |
| Q2 FY2022 | 30 Sept 2021 | 254.00M | +2,251.85% | 14.23% | 552.30M | 30.95% | 449.80M |
| Q1 FY2022 | 30 Jun 2021 | -304.50M | — | -82.19% | -98.30M | -26.53% | -168.80M |
| Q4 FY2021 | 31 Mar 2021 | -330.30M | — | -278.97% | -154.60M | -130.57% | -140.30M |
| Q3 FY2021 | 31 Dec 2020 | -332.40M | -464.07% | -97.42% | -138.50M | -40.59% | -207.20M |
| Q2 FY2021 | 30 Sept 2020 | 10.80M | -98.93% | 1.03% | 237.30M | 22.58% | 173.30M |
| Q1 FY2021 | 30 Jun 2020 | -187.60M | -168.17% | -149.84% | -11.20M | -8.95% | -66.60M |
| Q4 FY2020 | 31 Mar 2020 | -252.20M | — | -21.03% | 67.30M | 5.61% | -458.60M |
| Q3 FY2020 | 31 Dec 2019 | 91.30M | — | 4.79% | 419.10M | 21.99% | 283.30M |
| Q2 FY2020 | 30 Sept 2019 | 1.01B | +8.46% | 32.92% | 1.36B | 44.05% | 1.20B |
| Q1 FY2020 | 30 Jun 2019 | 275.20M | -25.72% | 11.90% | 613.50M | 26.53% | 468.00M |
| Q4 FY2019 | 31 Mar 2019 | -219.70M | -344.38% | -17.19% | 56.90M | 4.45% | -61.30M |
| Q3 FY2019 | 31 Dec 2018 | -68.00M | -153.97% | -4.30% | 238.20M | 15.06% | 95.20M |
| Q2 FY2019 | 30 Sept 2018 | 934.00M | -8.09% | 33.85% | 1.25B | 45.38% | 1.10B |
| Q1 FY2019 | 30 Jun 2018 | 370.50M | -19.49% | 17.82% | 657.40M | 31.62% | 519.30M |
| Q4 FY2018 | 31 Mar 2018 | 89.90M | +34.78% | 6.81% | 310.60M | 23.52% | 230.70M |
| Q3 FY2018 | 31 Dec 2017 | 126.00M | +6.06% | 8.97% | 347.80M | 24.76% | 266.10M |
| Q2 FY2018 | 30 Sept 2017 | 1.02B | -2.45% | 40.41% | 1.28B | 50.91% | 1.16B |
| Q1 FY2018 | 30 Jun 2017 | 460.20M | +50.00% | 24.09% | 699.80M | 36.63% | 599.20M |
| Q4 FY2017 | 31 Mar 2017 | 66.70M | -9.13% | 5.69% | 262.40M | 22.40% | 189.50M |
| Q3 FY2017 | 31 Dec 2016 | 118.80M | -5.71% | 8.83% | 318.70M | 23.70% | 241.60M |
| Q2 FY2017 | 30 Sept 2016 | 1.04B | +7.16% | 42.62% | 1.25B | 51.25% | 1.17B |
| Q1 FY2017 | 30 Jun 2016 | 306.80M | +6.38% | 18.18% | 520.00M | 30.82% | 432.40M |
| Q4 FY2016 | 31 Mar 2016 | 73.40M | +94.18% | 6.29% | 255.20M | 21.88% | 180.70M |
| Q3 FY2016 | 31 Dec 2015 | 126.00M | +75.98% | 9.48% | 300.10M | 22.57% | 230.90M |
| Q2 FY2016 | 30 Sept 2015 | 972.10M | +38.55% | 40.72% | 1.16B | 48.38% | 1.08B |
| Q1 FY2016 | 30 Jun 2015 | 288.40M | +24.42% | 17.45% | 469.60M | 28.41% | 394.60M |
| Q4 FY2015 | 31 Mar 2015 | 37.80M | — | 3.84% | 181.20M | 18.41% | 127.80M |
| Q3 FY2015 | 31 Dec 2014 | 71.60M | — | 6.32% | 220.80M | 19.50% | 164.20M |
| Q2 FY2015 | 30 Sept 2014 | 701.60M | +14.29% | 34.36% | 864.30M | 42.33% | 800.00M |
| Q1 FY2015 | 30 Jun 2014 | 231.80M | +132.73% | 15.50% | 388.10M | 25.95% | 328.50M |
| Q4 FY2014 | 31 Mar 2014 | -32.80M | — | -4.01% | 96.70M | 11.83% | 51.60M |
| Q3 FY2014 | 31 Dec 2013 | -23.00M | -166.47% | -2.38% | 106.40M | 11.03% | 64.40M |
| Q2 FY2014 | 30 Sept 2013 | 613.90M | +5.72% | 32.10% | 755.40M | 39.50% | 705.70M |
| Q1 FY2014 | 30 Jun 2013 | 99.60M | -24.55% | 7.42% | 243.80M | 18.16% | 190.10M |
| Q4 FY2013 | 31 Mar 2013 | -29.30M | -987.88% | -3.62% | 88.60M | 10.95% | 51.30M |
| Q3 FY2013 | 31 Dec 2012 | 34.60M | +17.69% | 3.57% | 80.10M | 8.27% | 122.40M |
| Q2 FY2013 | 30 Sept 2012 | 580.70M | +20.83% | 31.87% | 644.20M | 35.35% | 678.30M |
| Q1 FY2013 | 30 Jun 2012 | 132.00M | -22.31% | 10.28% | 183.60M | 14.30% | 223.70M |
| Q4 FY2012 | 31 Mar 2012 | 3.30M | — | 0.40% | -480.60M | -57.67% | 101.90M |
| Q3 FY2012 | 31 Dec 2011 | 29.40M | — | 3.48% | 239.00M | 28.30% | 119.40M |
| Q2 FY2012 | 30 Sept 2011 | 480.60M | +21.89% | 30.87% | 726.50M | 46.66% | 568.70M |
| Q1 FY2012 | 30 Jun 2011 | 169.90M | +42.29% | 14.70% | 398.30M | 34.47% | 261.50M |
| Q4 FY2011 | 31 Mar 2011 | -56.90M | — | -8.11% | 155.40M | 22.15% | 23.30M |
| Q3 FY2011 | 31 Dec 2010 | -300.00K | -121.43% | -0.04% | 202.70M | 27.16% | 80.50M |
| Q2 FY2011 | 30 Sept 2010 | 394.30M | +32.36% | 30.69% | 589.90M | 45.91% | 475.00M |
| Q1 FY2011 | 30 Jun 2010 | 119.40M | -22.82% | 13.31% | 348.60M | 38.87% | 187.50M |
| Q4 FY2010 | 31 Mar 2010 | -51.90M | — | -8.52% | 145.20M | 23.83% | 19.60M |
| Q3 FY2010 | 31 Dec 2009 | 1.40M | — | 0.23% | 173.80M | 28.40% | 62.90M |
| Q2 FY2010 | 30 Sept 2009 | 297.90M | +46.83% | 30.03% | 476.50M | 48.03% | 358.10M |
| Q1 FY2010 | 30 Jun 2009 | 154.70M | +1,870.70% | 19.97% | 321.80M | 41.54% | 207.90M |
| Q4 FY2009 | 31 Mar 2009 | -8.93M | -101.47% | -1.69% | 180.96M | 34.35% | 68.25M |
| Q3 FY2009 | 31 Dec 2008 | -109.17M | — | -18.06% | 65.04M | 10.76% | -26.50M |
| Q2 FY2009 | 30 Sept 2008 | 202.88M | -6.19% | 19.63% | 413.24M | 39.98% | 281.70M |
| Q1 FY2009 | 30 Jun 2008 | 7.85M | -88.79% | 1.01% | 340.96M | 43.89% | 95.61M |
| Q4 FY2008 | 31 Mar 2008 | 608.56M | — | 102.69% | 335.59M | 56.63% | 811.30M |
| Q3 FY2008 | 31 Dec 2007 | -25.96M | -231.06% | -4.56% | 141.10M | 24.81% | 123.33M |
| Q2 FY2008 | 30 Sept 2007 | 216.27M | -21.70% | 25.02% | 404.80M | 46.82% | 174.78M |
| Q1 FY2008 | 30 Jun 2007 | 70.04M | -57.98% | 10.09% | 258.86M | 37.27% | 35.19M |
| Q4 FY2007 | 31 Mar 2007 | -1.23B | — | -253.42% | 2.42K | 0.00% | -979.78M |
| Q3 FY2007 | 31 Dec 2006 | 19.81M | +49.31% | 4.02% | 139.59M | 28.30% | -16.89M |
| Q2 FY2007 | 30 Sept 2006 | 276.21M | +176.98% | 40.01% | 335.41M | 48.59% | 239.20M |
| Q1 FY2007 | 30 Jun 2006 | 166.69M | — | 29.42% | 222.36M | 39.24% | 130.78M |
| Q4 FY2006 | 31 Mar 2006 | -771.62M | — | -207.84% | 36.94M | 9.95% | -646.25M |
| Q3 FY2006 | 31 Dec 2005 | 13.27M | -94.80% | 3.57% | 111.42M | 29.96% | -15.85M |
| Q2 FY2006 | 30 Sept 2005 | 99.72M | -73.07% | 18.47% | 206.38M | 38.23% | 73.76M |
| Q1 FY2006 | 30 Jun 2005 | -22.02M | — | -5.45% | 89.55M | 22.17% | -48.95M |
| Q4 FY2005 | 31 Mar 2005 | -1.52B | — | -469.38% | -302.74M | -93.29% | -1.32B |
| Q3 FY2005 | 31 Dec 2004 | 255.17M | +0.78% | 86.96% | 181.78M | 61.95% | 149.44M |
| Q2 FY2005 | 30 Sept 2004 | 370.31M | +10.13% | 88.43% | 303.69M | 72.52% | 266.06M |
| Q1 FY2005 | 30 Jun 2004 | -13.58M | -126.45% | -4.48% | 77.49M | 25.56% | 88.56M |
| Q4 FY2004 | 31 Mar 2004 | -1.28B | -2,873.91% | -568.43% | -296.78M | -131.52% | -1.11B |
| Q3 FY2004 | 31 Dec 2003 | 253.18M | +416.28% | 99.62% | 177.94M | 70.01% | 155.16M |
| Q2 FY2004 | 30 Sept 2003 | 336.24M | +175.85% | 95.71% | 270.92M | 77.12% | 245.16M |
| Q1 FY2004 | 30 Jun 2003 | 51.33M | +12.06% | 20.94% | 112.20M | 45.76% | 24.89M |
| Q4 FY2003 | 31 Mar 2003 | 46.24M | — | 24.15% | -144.44M | -75.44% | -543.38M |
| Q3 FY2003 | 31 Dec 2002 | 49.04M | +72.72% | 26.36% | 134.72M | 72.40% | 68.07M |
| Q2 FY2003 | 30 Sept 2002 | 121.89M | +54.56% | 45.18% | 235.07M | 87.14% | 141.34M |
| Q1 FY2003 | 30 Jun 2002 | 45.81M | +58.78% | 23.48% | 161.30M | 82.68% | 64.26M |
| Q4 FY2002 | 31 Mar 2002 | -151.18M | — | -105.14% | 98.31M | 68.37% | -134.57M |
| Q3 FY2002 | 31 Dec 2001 | 28.39M | -42.77% | 20.93% | 91.65M | 67.54% | 42.95M |
| Q2 FY2002 | 30 Sept 2001 | 78.86M | -0.48% | 37.48% | 159.02M | 75.58% | 94.62M |
| Q1 FY2002 | 30 Jun 2001 | 28.85M | -42.02% | 19.07% | 79.84M | 52.76% | 44.57M |
| Q4 FY2001 | 31 Mar 2001 | -200.06M | — | -189.84% | -17.81M | -16.90% | -217.83M |
| Q3 FY2001 | 31 Dec 2000 | 49.61M | +29.78% | 43.04% | 71.86M | 62.34% | 34.59M |
| Q2 FY2001 | 30 Sept 2000 | 79.24M | +39.00% | 52.51% | 95.12M | 63.03% | 65.67M |
| Q1 FY2001 | 30 Jun 2000 | 49.76M | +30.60% | 43.45% | 68.64M | 59.94% | 35.39M |
| Q4 FY2000 | 31 Mar 2000 | -158.33M | — | -187.57% | -1.62M | -1.92% | -169.22M |
| Q3 FY2000 | 31 Dec 1999 | 38.22M | — | 42.41% | 53.89M | 59.80% | 26.76M |
| Q2 FY2000 | 30 Sept 1999 | 57.01M | — | 51.60% | 71.93M | 65.10% | 46.15M |
| Q1 FY2000 | 30 Jun 1999 | 38.10M | — | 45.43% | 51.34M | 61.22% | 27.82M |
| Q4 FY1999 | 31 Mar 1999 | — | — | — | — | — | — |
| Q3 FY1999 | 31 Dec 1998 | — | — | — | — | — | — |
| Q2 FY1999 | 30 Sept 1998 | — | — | — | — | — | — |
| Q1 FY1999 | 30 Jun 1998 | — | — | — | — | — | — |
| Q4 FY1998 | 31 Mar 1998 | — | — | — | — | — | — |
| Q3 FY1998 | 31 Dec 1997 | — | — | — | — | — | — |
| Q2 FY1998 | 30 Sept 1997 | — | — | — | — | — | — |
| Q1 FY1998 | 30 Jun 1997 | — | — | — | — | — | — |
Figures in EUR. Shares and EPS are adjusted for stock splits. Quarterly growth is on the same quarter a year before; TTM is the last four quarters.
See also:Revenue,Net income,EPS,Shares outstanding,Cash on hand,Total debt,Free cash flow,Stock buybacks,Income statement
Common questions about Ryanair Holdings's operating income
Source: Financial Modeling Prep
