Wizz Air Reports First Half FY2026 Net Profit of €323.5 Million
- Joe Breitfeller
- 1 hour ago
- 3 min read
Wizz Air has reported a first half (H1) FY2026 net profit of €323.5 million on a 9.0 percent year-over-year increase in revenue to €3.34 billion. At the end of the period the carrier had €1.985 billion in cash on hand, up 14.30 percent compared to March 31, 2025.
On Thursday (November 13, 2025), Wizz Air Holdings reported their first half (H1) FY2026 financial results for the period ending September 30, 2025. The carrier reported a first half net profit of €323.5 million on a 9.0 percent year-over-year increase in revenue to €3.34 billion. Wizz Air’s H1 revenue per available seat mile (RASK) increased 0.1 percent versus H1 FY2024 to 4.98 euro cents, while cost per available seat kilometer (CASK) declined (1.8) percent to 4.46 euro cents. Costs excluding fuel (CASK-ex) increased 2.7 percent year-over-year to 3.08 euro cents. At the end of the period the carrier had €1.985 billion in cash on hand, up 14.30 percent compared to March 31, 2025.
In Thursday’s announcement, Wizz Air’s CEO, József Váradi, said,
“Our first half financial results reflect the increased capacity year-on-year deployed over the summer season. During the period both operational and commercial improvements were made, with further actions planned in the months ahead. We made a number of significant business decisions supporting our longer-term strategic objectives. Notably, closing our Abu Dhabi base on the first of September, and initiating the closure of our Vienna base, which will be completed by March 2026. These actions reflect our pivot away from high cost locations to the opening of new bases at lower cost airports, including at Bratislava, Tuzla, Podgorica, Yerevan and Warsaw (Modlin), which will deliver operational cost savings going forward.”
“Most importantly, since the period closed, we have completed our objective of optimizing our aircraft delivery stream in order to target medium-term capacity growth at a more sustainable 10-12 per cent per annum. This encompasses the deferment of 88 Airbus deliveries from this decade to the next, while we have also sold 3 A321neos this year. Our order book, which now extends to 2033, remains a strategic asset, differentiating Wizz Air by securing stable and competitively-priced capacity growth for years to come.
“We will see the most significant changes to our delivery profile in around 12 months time (given near-term orders and financing commitments). As such, we are actively managing this winter season’s capacity to deliver circa mid-teens H2 seat capacity growth YoY. In terms of pricing, looking at the current ninety-day booking curve, we are seeing unit revenue (RASK) approximately down low single digits percentage-wise year on year while the load factor, conversely, is up by a similar level in terms of a percentage points gain.
“For the next fiscal year, we expect GTF engine-related aircraft groundings to reduce to a range of 25-30 aircraft.”
Budapest, Hungary-based Wizz Air is the fastest growing European ultra-low-cost carrier (ULCC), and operates an all Airbus A320 and A321 Family fleet of 237 aircraft. Wizz Air is the largest ULCC in Central and Eastern Europe and serves over 830 routes to/from nearly 190 destinations in 51 countries. During FY 2025, Wizz Air carried 63.4 million guests. Wizz Air offers superior guest service at exceptionally low fares. Shares in the company trade on the London Stock Exchange under the ticker symbol WIZZ.
Source: Wizz Air / RNS Number: 3244H