Financials · RYAAY

Ryanair Holdings plc (RYAAY) financials

For fiscal 2026 (ended Mar 31, 2026), Ryanair Holdings plc reported €15.54B of revenue and €2.17B of net income. Figures are in EUR, the currency of its SEC filings.

Revenue, FY2026
€15.54B
Revenue growth, YoY
+11.4%
Net income, FY2026
€2.17B
Net income growth, YoY
+34.9%
Net margin
14.0%
Free cash flow, FY2026
€1.80B
EPS, diluted, FY2026
€2.04
EPS growth, YoY
+40.4%
Cash
€2.73B
Total debt
€147.80M
Annual revenue€15.54B
FY2017FY2026
Annual net income€2.17B
FY2017FY2026
Annual free cash flow€1.80B
FY2018FY2026

RYAAY revenue and earnings growth

RYAAY revenueFY2026€15.54B

FY YoY
+11.4%
5Y CAGR
+56.9%
10Y CAGR
+9.1%

RYAAY revenue was €15.54B for fiscal 2026 (ended Mar 31, 2026), up 11.4% from fiscal 2025. Compound annual growth was +56.9% over 5 years and +9.1% over 10 years. It rose in 9 of the last 10 fiscal years. Fiscal 2026 is the highest of the 11 fiscal years on file.

RYAAY net incomeFY2026€2.17B

FY YoY
+34.9%
10Y CAGR
+3.4%

RYAAY net income was €2.17B for fiscal 2026 (ended Mar 31, 2026), up 34.9% from fiscal 2025. Compound annual growth was +3.4% over 10 years. It rose in 2 of the last 3 fiscal years. Fiscal 2026 is the highest of the 11 fiscal years on file.

RYAAY EPSFY2026€2.04

FY YoY
+40.4%
10Y CAGR
+5.9%

RYAAY diluted EPS was €2.04 for fiscal 2026 (ended Mar 31, 2026), up 40.4% from fiscal 2025. Compound annual growth was +5.9% over 10 years.

RYAAY free cash flowFY2026€1.80B

FY YoY
-3.3%

RYAAY free cash flow was €1.80B for fiscal 2026 (ended Mar 31, 2026), down 3.3% from fiscal 2025. It rose in 2 of the last 4 fiscal years.

Income statement

Income statement
Line item
Mar 31, 2026
Mar 31, 2025
Mar 31, 2024
Mar 31, 2023
Mar 31, 2022
Mar 31, 2021
Mar 31, 2020
Mar 31, 2019
Mar 31, 2018
Mar 31, 2017
Revenue€15.54B€13.95B€13.44B€10.78B€4.80B€1.64B€8.49B€7.70B€7.15B€6.65B
Operating income€2.37B€1.56B€2.06B€1.44B-€339.60M-€839.40M€1.13B€1.02B€1.67B€1.53B
Interest expense€37.80M€66.50M€83.00M€76.80M€91.40M€69.80M€72.90M€59.10M€60.10M€67.20M
Pre-tax income€2.42B€1.78B€2.13B€1.44B-€429.80M-€1.11B€670.30M€948.10M€1.61B€1.47B
Income tax€249.60M€172.80M€210.90M€128.70M-€189.00M-€93.60M€21.60M€63.10M€161.10M€154.40M
Net income€2.17B€1.61B€1.92B€1.31B-€240.80M-€1.02B€648.70M€885.00M€1.45B€1.32B
EPS, basic€2.06€1.46€1.68€1.16-€0.21-€0.91€0.58€0.77€1.22€1.05
EPS, diluted€2.04€1.45€1.67€1.15-€0.21-€0.91€0.58€0.77€1.20€1.05
Diluted shares1.06B1.11B1.15B1.14B1.13B1.11B1.12B1.15B1.20B1.26B

Balance sheet

Balance sheet
Line item
Mar 31, 2026
Mar 31, 2025
Mar 31, 2024
Mar 31, 2023
Mar 31, 2022
Mar 31, 2021
Mar 31, 2020
Mar 31, 2019
Mar 31, 2018
Mar 31, 2017
Cash and equivalents€2.73B€3.86B€3.88B€3.60B€2.67B€2.65B€2.57B€1.68B€1.51B€1.22B
Inventory€4.80M€4.60M€6.20M€6.00M€4.30M€3.60M€3.30M€2.90M€3.70M€3.10M
Current assets€7.74B€6.01B€5.83B€5.91B€5.48B€3.46B€4.49B€3.80B€4.19B€4.71B
Total assets€19.75B€17.51B€17.18B€16.41B€15.15B€12.33B€14.75B€13.25B€12.36B€11.99B
Current liabilities€8.57B€8.15B€6.40B€7.42B€5.40B€3.53B€5.51B€4.10B€3.41B€3.01B
Long-term debt€147.80M€1.69B€2.53B€2.85B€3.71B€3.52B€3.58B€3.33B€3.53B€3.93B
Total debt€147.80M€1.69B€2.53B€2.85B€3.71B€3.52B€3.58B€3.33B€3.53B€3.93B
Total liabilities€9.65B€10.47B€9.56B€10.76B€9.60B€7.68B€9.83B€8.04B€7.89B€7.57B
Shareholders' equity€10.10B€7.04B€7.61B€5.64B€5.55B€4.65B€4.91B€5.21B€4.47B€4.42B

Cash flow

Cash flow
Line item
Mar 31, 2026
Mar 31, 2025
Mar 31, 2024
Mar 31, 2023
Mar 31, 2022
Mar 31, 2021
Mar 31, 2020
Mar 31, 2019
Mar 31, 2018
Mar 31, 2017
Operating cash flow€3.69B€3.42B€3.16B€3.89B€1.94B-€2.45B€1.33B€1.76B€2.23B-
Capital expenditures€1.89B€1.55B€2.39B€1.91B€1.18B€294.70M€578.80M€1.29B€1.47B€1.45B
Free cash flow€1.80B€1.86B€766.00M€1.98B€758.90M-€2.74B€748.30M€470.80M€762.60M-
Investing cash flow-€2.61B-€1.43B-€1.56B-€1.90B-€1.41B€937.00M-€301.10M-€744.20M-€719.40M-
Financing cash flow-€2.20B-€2.00B-€1.33B-€1.05B-€536.50M€1.62B-€287.00M-€854.50M-€1.22B-
Dividends paid€443.30M€437.70M€199.50M-€0€0€580.50M€531.60M€829.10M€1.02B
Share repurchases€536.50M€1.48B--------
Stock-based compensation€15.00M€12.80M-€3.90M€16.20M€8.60M€3.60M€7.00M€7.70M€6.40M-
Depreciation and amortization----€719.40M€571.00M€748.70M€640.50M€561.00M-

Key ratios

Key ratios
Line item
Mar 31, 2026
Mar 31, 2025
Mar 31, 2024
Mar 31, 2023
Mar 31, 2022
Mar 31, 2021
Mar 31, 2020
Mar 31, 2019
Mar 31, 2018
Mar 31, 2017
Revenue growth, YoY11.4%3.8%24.8%124.4%193.5%-80.7%10.4%7.6%7.6%1.7%
Net income growth, YoY34.9%-15.9%45.9%----26.7%-39.0%10.2%-15.6%
EPS growth, YoY40.4%-13.1%45.2%----24.4%-36.4%15.1%-9.5%
Operating margin15.3%11.2%15.3%13.4%-7.1%-51.3%13.3%13.2%23.3%23.1%
Net margin14.0%11.6%14.3%12.2%-5.0%-62.1%7.6%11.5%20.3%19.8%
Free cash flow margin11.6%13.4%5.7%18.3%15.8%-167.7%8.8%6.1%10.7%-
Return on equity21.5%22.9%25.2%23.3%-4.3%-21.8%13.2%17.0%32.5%29.8%
Return on assets11.0%9.2%11.2%8.0%-1.6%-8.2%4.4%6.7%11.7%11.0%
Current ratio0.900.740.910.801.010.980.820.931.231.56
Debt to equity0.010.240.330.510.670.760.730.640.790.89

Source: XBRL data Ryanair Holdings plc files with the SEC, latest filing dated Jun 22, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

RYAAY peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
RYAAY€15.54B+11.4%€2.17B14.0%$31.21B
FDX$94.72B+7.7%$4.43B4.7%$72.17B
DAL$71.80B+14.1%$3.29B4.6%$57.37B
UAL$65.55B+12.3%$3.58B5.5%$36.63B
LUV$31.55B+14.5%$1.05B3.3%$21.76B
FDXF$8.79B-1.1%$655.00M7.4%$18.47B
LTM$14.27B+11.2%$1.46B10.2%$13.69B
AAL$60.98B+12.3%-$481.00M-0.8%$8.73B
CPA$3.62B+5.0%$671.65M18.6%$5.87B

RYAAY FAQ

8 questions
  • What is RYAAY revenue?
    Ryanair Holdings plc (RYAAY) reported €15.54B of revenue for fiscal 2026 (ended Mar 31, 2026). That is up 11.4% from the year before.
  • Is RYAAY profitable?
    Yes. Ryanair Holdings plc earned €2.17B in net income for fiscal 2026 (ended Mar 31, 2026), a net margin of 14.0%.
  • How much cash and debt does RYAAY have?
    Ryanair Holdings plc reported €2.73B in cash and cash equivalents and €147.80M of debt on its most recent balance sheet in SEC filings.
  • How fast is RYAAY revenue growing?
    Ryanair Holdings plc's revenue changed +11.4% in fiscal 2026, to €15.54B. Its compound annual growth rate was +56.9% over 5 years and +9.1% over 10 years.
  • What is RYAAY free cash flow?
    Ryanair Holdings plc generated €1.80B of free cash flow for fiscal 2026 (ended Mar 31, 2026), which is operating cash flow of €3.69B less capital expenditures.
  • What is RYAAY earnings per share?
    Diluted earnings per share were €2.04 for fiscal 2026 (ended Mar 31, 2026), from SEC filings, restated for any stock split those filings show.
  • When did RYAAY last report financial results?
    The latest statements here come from Ryanair Holdings plc's 20-F filed on Jun 22, 2026, covering the period ended Mar 31, 2026.
  • Where does this RYAAY financial data come from?
    Quantisnow builds these statements from the structured XBRL data Ryanair Holdings plc files with the SEC. It is provided for information only and is not investment advice.