Qantas Airways, Australia’s national carrier and one of the world’s most recognised airlines, will release its half-year (HY) results for the six months ended 31 December 2025 on Thursday, 26 February 2026, before the market opens.
Company backdrop
Qantas delivered another strong full-year result in the financial year (FY) 2025, reporting underlying profit before tax of $2.39 billion (15% year-over-year (YoY)) and statutory net profit after tax (NPAT) of $1.61 billion (28%) on revenues of $23.82 billion.
The company declared a final fully franked dividend of 16.5 cents per share and a special fully franked payout of 9.9 cents, the largest combined distribution in 17 years.
The year also saw 17 new aircraft delivered, and Qantas reported orders for 20 additional A321XLR aircraft, 16 with lie-flat business seats, in the new financial year.
Qantas Group Chief Executive Officer (CEO) Vanessa Hudson captured the mood in her comments: ‘Continuing strong demand across all market segments, combined with our dual brand strategy, helped the group grow earnings. Qantas and Jetstar carried four million more customers during the year, while our loyalty business grew as frequent flyers engaged with the program more than ever before.’
Following its earnings announcement, Qantas’s share price jumped 13.5% intraday to a fresh record high of $12.62, before finishing the session 9.1% higher at $12.12.
The subsequent November 2025 trading update added a touch of caution: international unit revenue guidance remained steady at 2% – 3%, but softer non-resource corporate travel in the domestic market led to a revised first half (H1) 2026 domestic unit revenue outlook of approximately 3% growth (at the lower end of the prior range). This resulted in the share price finishing the session 6.58% lower at $9.51.
Qantas FY 2025 highlights