RYANAIR HOLDINGS PLC (RYAAY) Form 6-K — Jul 20, 2026
Ryanair reported a 34% decline in Q1 profit after tax to €538m, down from €820m in the prior year, driven by a doubling in unhedged fuel prices and a 6% drop in average fares. Total revenue rose slightly to €4.38bn as passenger traffic grew 6% to 61.3m, which helped offset lower ticket prices and ancillary revenue that remained flat. Operating costs increased 11% to €3.81bn, primarily due to fuel expenses which jumped 16% to €1.69bn. Despite the earnings pressure, the airline strengthened its balance sheet by repaying its final €1.2bn bond in May, leaving the group debt-free with gross cash exceeding €2.8bn.
Key figures
- Eps
- €0.5164
- Revenue
- €4.38bn
- Net Income
- €538m
- Total Debt
- 0
- Cash Position
- €2.48bn
- Pat Change
- -34%
- Load Factor
- 94%
- Passengers
- 61.3m
- Traffic Growth
- +6%
- Operating Costs
- €3.81bn
- Fuel Cost Increase
- +16%
- Share Buyback Spend
- €0.7bn
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