Ryanair demonstrated strong operational metrics with record passenger traffic and effective cost control. However, financial performance was impacted by profit declines and external challenges like Boeing delivery delays and increasing regulatory costs. While the company maintains a strong cash position and is actively returning value to shareholders through buybacks, it faces significant debt repayment obligations and market uncertainties.

Company Guidance -

Q4 2025

In the Ryanair Holdings FY '25 earnings call, the company reported a decrease in after-tax profit to EUR 1.6 billion, down from EUR 1.92 billion the previous year, primarily due to a 7% decline in airfares. Despite this decrease, passenger traffic increased by 9% to 200 million, driven by lower fares, while unit ancillary revenue rose by 1%, and total ancillary revenue climbed 10%. The unit cost per passenger remained flat, widening the cost gap with competitors. Ryanair experienced Boeing delivery delays but still expanded its fleet to 618 aircraft, expecting a 3% growth in passengers to 206 million this year. The airline announced a 7% share buyback last year, with an additional EUR 750 million buyback planned this year. The company expects to be nearly debt-free by next year after paying down EUR 2 billion in maturing bonds. Ryanair's fuel hedging strategy secured significant savings, with 85% of FY '26 fuel hedged at $76 per barrel and 40% of next summer’s oil hedged at $66 per barrel. Despite constrained growth due to delivery delays, Ryanair anticipates a reasonable recovery in net profit, with summer 2025 demand strong and fares trending ahead of the previous year.

Record Passenger Traffic

Ryanair achieved a 9% growth in passenger traffic, reaching a new record of 200 million passengers, despite facing Boeing delivery delays.

Cost Control Success

Unit cost per passenger remained flat, widening the cost gap between Ryanair and its competitors, which positions the company well for future growth.

Strong Cash Position

Ryanair reported a gross cash position of EUR4 billion and net cash of EUR1.3 billion, supported by Boeing delivery delays.

Positive Outlook on Fuel Costs

Ryanair has hedged 85% of its FY '26 fuel at $76 per barrel, a 4% saving from the previous year, and secured 40% of next summer's fuel at $66 per barrel, a 13% saving.

Share Buyback Program

Ryanair conducted a 7% share buyback last year and plans to launch another EUR750 million buyback, returning cash to shareholders.

Expansion into MSCI Index

Ryanair's inclusion in the MSCI World Index was confirmed, enhancing the company's profile among global investors.

Ryanair Holdings (RYAAY) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

RYAAY Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 21, 2025	2026 (Q1)	1.28 / -	0.685	―	―	―
May 19, 2025	2025 (Q4)	-0.65 / -0.62	-0.437	-41.65% (-0.18)
Jan 27, 2025	2025 (Q3)	0.10 / 0.29	0.028	921.43% (+0.26)
Nov 04, 2024	2025 (Q2)	2.82 / 2.80	2.845	-1.58% (-0.05)
Jul 22, 2024	2025 (Q1)	1.05 / 0.69	1.29	-46.90% (-0.60)
May 20, 2024	2024 (Q4)	-0.45 / -0.44	-0.24	-82.08% (-0.20)
Jan 29, 2024	2024 (Q3)	0.15 / 0.03	0.385	-92.73% (-0.36)
Nov 06, 2023	2024 (Q2)	2.66 / 2.85	1.891	50.45% (+0.95)
Jul 24, 2023	2024 (Q1)	0.94 / 1.29	0.338	281.66% (+0.95)
May 22, 2023	2023 (Q4)	-0.38 / -0.24	-0.269	10.78% (+0.03)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

RYAAY Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 19, 2025	$50.00	$53.97	+7.94%
Jan 27, 2025	$46.14	$46.22	+0.17%
Nov 04, 2024	$45.04	$43.58	-3.24%
Jul 22, 2024	$44.82	$37.91	-15.42%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.