The Emirates Group has reported a new record half-year profit before tax of AED 12.2 billion (US$ 3.3 billion) for the first six months of 2025–26. This marks the fourth year in a row that the Group has achieved record profitability during this reporting period.
After accounting for income tax charges, profit after tax reached AED 10.6 billion (US$ 2.9 billion), a 13% rise compared with last year. The results highlight the Group’s strong financial health and consistent growth momentum.
Operationally, Emirates continued to perform well. The company maintained a solid EBITDA of AED 21.1 billion (US$ 5.7 billion), up 3% from AED 20.4 billion (US$ 5.6 billion) recorded a year earlier. This growth reflects both strong passenger demand and disciplined cost management.
Group revenue climbed 4% year-on-year, reaching AED 75.4 billion (US$ 20.6 billion) for the first half of 2025–26. The rise was driven by sustained travel demand, expanded network capacity, and steady cargo performance.
By September 30, 2025, the Emirates Group held a record cash balance of AED 56.0 billion (US$ 15.2 billion), compared with AED 53.4 billion (US$ 14.6 billion) at the end of March 2025. This strong liquidity position has allowed the Group to self-finance key projects, including new aircraft acquisitions and debt repayments.
In addition, the Group paid the remaining AED 2 billion (US$ 545 million) of its total AED 6 billion (US$ 1.6 billion) dividend declared for the 2024–25 financial year.
Overall, Emirates’ performance underlines its resilience and strategic focus. With sustained profitability, rising revenues, and solid cash reserves, the Group remains well positioned for continued success in the second half of the year.
