group · GB
easyJet plcEuropean LCC: easyJet airline + easyJet holidays. Oct–Sep fiscal year (FY ends 30 September); reports half-yearly interims plus Q1/Q3 trading statements.
Next results expected ~ November 2026 · estimated from reporting cadence
Revenue · Q1 2026 (half)
+11.9% vLY
Op. profit
+41.8% vLY
Op. margin
-13.5%−2.8pt vLY
Load factor
+1.9pt vLY
| Period | Revenue | Op. profit | Load factor | ASK | Net result | Load factor |
|---|---|---|---|---|---|---|
| Q1 2026 (half)(half) | ||||||
| FY→Q3 2025(year) | ||||||
| Q1 2025 (half)(half) | ||||||
| FY→Q3 2024(year) |
H2 FY26 to be hit by the Middle East conflict via higher fuel costs and weaker forward bookings; H2 was 58% sold, -2ppts YoY.
H2 FY26 fuel is 72% hedged at $726/MT; short-term additional hedging temporarily suspended amid elevated prices.
Result hit by ~£25m of unexpected March fuel costs and a £32m net increase in legal provisions across historic cases.
Airline passengers rose 6% YoY to 42.0m with load factor up 1.9ppt to 89.8%; H1 revenue not impacted by the Middle East conflict.
Upgauging accelerated — all A319s to be retired by FY29, delivering c.£250m of incremental annual cost efficiencies across FY27-28.
Opened new bases in Marrakech (first outside Europe) and Newcastle; entering second winter at Milan Linate and Rome Fiumicino (£30m investment cost).
| Q1 2024 (half)(half) |
Maintained one of the strongest IG balance sheets in European aviation (Baa2/BBB+): £4.7bn liquidity, £434m net cash; £100m FY25 dividend paid.
easyJet holidays PBT grew 39% to £61m with customers up 22%; flight-plus-hotel and a loyalty programme planned for late FY26/FY27.