Emirates Group Reports Record FY 2025/26 Half Year Profit

Emirates Group has reported a record half year 2025/26 pre-tax profit of AED 12.2 billion (US $3.3 billion) on a year-over-year increase in revenue of 4.0 percent to AED 75.4 billion (US $20.6 billion).

Emirates Flagship Airbus A380 - Courtesy Emirates

On Thursday (November 6, 2025), Emirates Group reported their fiscal FY 2025/26 half-year (H1) financial results for the period ending September 30, 2025.  The company reported a record pre-tax profit of AED 12.2 billion (US $ 3.3 billion), marking the fourth consecutive year of record profitability for the half-year reporting period.  The Group reported a net profit of AED 10.6 billion (US $2.9 billion), up 13 percent compared to the same period last year.  Emirates Group ended H1 2025/26 with a record cash position of AED 56.0 billion (US $15.2 billion), compared to AED 53.4 billion (US $14.6 billion) on March 31, 2025.

In Thursday’s announcement, His Highness (HH) Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates Airline and Group said,

“The Group has once again delivered an outstanding performance, surpassing our half-year results of last year to achieve a new record profit for H1 2025-26. I’m delighted to note that Emirates maintains its position as the world’s most profitable airline for this half-year reporting period.  This performance was primarily driven by the unflagging demand and growing customer preference for our product and services, which drove revenue growth and profitability.  Emirates and dnata have invested billions to continually enhance our products and services, to bring new products to market, to improve our operations through innovation and technology, and to look after our employees who ensure our customers’ safety and satisfaction. These are core to our DNA. 

“The Group’s strong profitability enables us to continue making these investments, and to scale up our proven business models in concert with Dubai’s growth as a global city of choice for talent, for businesses, and for tourists.  Global demand for air transport and travel services has been buoyant, despite geo-political events and economic concerns in some markets. We expect this demand resilience to continue for the rest of 2025-26 and look forward to increasing our capacity to grow revenues as new A350 aircraft join the Emirates fleet, and new facilities come online at dnata.”

For the half year reporting period, Emirates Airline's profit before tax hit a new record of AED 11.4 billion (US $3.1 billion), compared to AED 9.7 billion (US $2.6 billion) last year. Emirates' profit after tax was AED 9.9 billion (US $2.7 billion), up 13 percent year-over-year.

During the period between April 1st and September 30, 2025, the carrier took delivery of five new Airbus A350s, adding more Business Class and Premium Economy capacity.  Additionally, during H1 2025/26 23 aircraft (6 A380s, 17 Boeing 777s) with fully refreshed interiors rolled out of the airline’s US $5.0 billion retrofit programme.  By September 30th, Emirates Premium Economy was available to customers flying between Dubai and 61 cities.

Emirates SkyCargo transported 1.25 million tons in the first six months of the year, up 4.0 percent compared to the same period last year.  SkyCargo added capacity from three new Boeing 777F Freighters delivered during the period.  In April, the cargo division launched Emirates Courier Express, an innovative product that leverages the power of the airline’s global network to provide door-to-door express shipping services for businesses.

Emirates Flight Catering grew revenue from external customers by 13 percent year-over-year to AED 555 million (US $151 million), uplifting 7.7 million meals for 116 airlines during the period.  Emirates Leisure Retail acquired the remaining 25 percent stake in Air Ventures LLC in the US, securing full ownership of the entity, which operates airport retail and food & beverage outlets.

dnata also saw strong growth in H1 2025/26, as it continued to ramp up operations across its cargo and ground handling, catering and retail, and travel services businesses.  Additionally, dnata announced plans to deploy 800 new ground support equipment (GSE) vehicles across its global network in 2025, an investment valued at US $110 million to further enhance operational performance and secure a steady supply of advanced, lower-emission equipment.

During H1 2025/26 dnata also Announced Plans to deploy 800 New Ground Support Equipment (GSE) Vehicles in 2025, an Investment Valued at US $110 Million

dnata achieved a new record half-year revenue, crossing the US$ 3.0 billion mark for the first time for this reporting period.  dnata’s revenue, including other operating income, of AED 11.7 billion (US $3.2 billion) increased by 13 percent compared to AED 10.4 billion (US $2.8 billion) generated in the same period last year.  The division’s overall profit before tax for dnata was AED 843 million (US $230 million), up by 17 percent from the same period last year. dnata’s profit after tax was AED 697 million (US $190 million), up year-over-year by 22 percent.

Source: Emirates