The Emirates Group announced a new record half-year financial performance, posting a profit before tax of AED 12.2 billion (US$ 3.3 billion) for the first six months of the 2025-26 financial year, marking the fourth consecutive year of record profitability for the half-year reporting period. After accounting for income tax charges, the Group's profit after tax is AED 10.6 billion (US$ 2.9 billion), up 13% from last year. Group revenue was AED 75.4 billion (US$ 20.6 billion) for the first six months of the 2025-26 financial year, up 4% from AED 70.8 billion (US$ 19.3 billion) last year. The Group closed the first half year of the 2025-26 financial year with a record cash position of AED 56.0 billion (US$ 15.2 billion) on 30 September 2025, compared to AED 53.4 billion (US$ 14.6 billion) on 31 March 2025.
Emirates profit before tax for the first half of the 2025-26 financial year 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. The airline's new record revenue can be attributed to unabated travel appetite across markets and customer preference for Emirates' products and services, particularly for its premium cabins. The airline's operating costs (including fuel) grew by 4% in line with increased operations.
Emirates carried 27.8 million passengers between 1 April and 30 September 2025, up 4% from the same period last year. Emirates SkyCargo transported 1.25 million tonnes in the first six months of the year, up by 4% compared to the same period last year. Overall capacity during the first six months of the year increased by 5% to 31.3 billion Available Tonne Kilometres (ATKM) due to expanded flight operations.
dnata also saw strong growth in the first six months of the 2025-26 financial year, as it continued to ramp up operations across its cargo and ground handling, catering and retail, and travel services businesses. Overall profit before tax for dnata is AED 843 million (US$ 230 million), up by 17% from the same period last year. dnata's revenue, including other operating income, of AED 11.7 billion (US$ 3.2 billion) increased by 13% compared to AED 10.4 billion (US$ 2.8 billion) generated in the same period last year.
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. 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.”
