Also trades as: 0R4Y.IL (IOB) · $vol 11M · ANYYY (OTC) · $vol 1M · ANNSF (OTC) · $vol 0M

€25.60 ($28.82)

+0.48 (+1.91%)

Weekly Expected Move ±2.9%

€24 €25 €26 €26 €27

BME · Industrials · Airlines, Airports & Air Services · Tech Score Neutral · Power 46 · €38.4B mcap · 701M float · 0.213% daily turnover

Revenue

$6.3B +8.5% ▲

5Y CAGR: +23.6%

Gross Profit

$4.6B +17.7% ▲

5Y CAGR: +46.8%

Operating Income

$2.9B +8.3% ▲

5Y CAGR: +133.6%

Net Income

$2.1B +10.5% ▲

EPS (Diluted)

$1.42 +10.1% ▲

EBITDA

$3.7B -0.1% ▼

5Y CAGR: +40.2%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$2.3B	$4.2B	$5.0B	$5.8B	$6.3B
YoY Growth	+6.3%	+80.4%	+20.5%	+14.4%	+8.5%
Cost of Revenue	$1.5B	$1.6B	$1.0B	$1.6B	$1.6B
Gross Profit	$795M	$2.6B	$4.0B	$4.1B	$4.6B
Gross Margin	34.3%	61.0%	79.3%	71.7%	73.9%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$49M	$55M	$80M	$0	$1.6B
Operating Expenses	$692M	$1.2B	$1.8B	$1.5B	$1.8B
Operating Income	$74M	$1.3B	$2.2B	$2.7B	$2.9B
Operating Margin	3.2%	32.1%	43.7%	46.2%	45.9%
Interest Expense	$72M	$94M	$207M	$284M	$255M
Income Before Tax	-$168M	$1.2B	$2.2B	$2.6B	$2.9B
Tax Expense	-$79M	$263M	$521M	$584M	$674M
Net Income	-$90M	$901M	$1.6B	$1.9B	$2.1B
Net Margin	-3.9%	21.6%	32.4%	33.6%	34.0%
EPS (Diluted)	$-0.60	$6.01	$10.87	$1.29	$1.42
EBITDA	$124M	$2.0B	$3.2B	$3.6B	$3.7B
Shares Outstanding	150M	150M	150M	150M	1.50B

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$1.6B	$3.0B	$1.3B	$1.7B	$1.8B	$1.5B	$1.5B	$1.8B
Cost of Revenue	$397M	$823M	$415M	$422M	$599M	$202M	$427M	$444M
Gross Profit	$1.2B	$2.2B	$900M	$1.2B	$1.2B	$1.3B	$1.0B	$1.4B
Gross Margin	75.8%	73.0%	68.5%	74.6%	66.5%	86.6%	70.9%	75.5%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$5M	$0	$0	$0	$185M	$1.4B	$0	$0
Operating Expenses	$347M	$691M	$465M	$396M	$224M	$671M	$576M	$443M
Operating Income	$897M	$1.5B	$435M	$840M	$966M	$643M	$463M	$928M
Operating Margin	54.7%	50.3%	33.1%	50.7%	54.0%	42.4%	31.6%	51.1%
Interest Expense	$69M	$58M	$59M	$59M	$82M	$56M	$61M	$78M
Income Before Tax	$864M	$1.5B	$408M	$809M	$930M	$713M	$447M	$904M
Tax Expense	$212M	$329M	$98M	$198M	$258M	$120M	$115M	$225M
Net Income	$641M	$1.1B	$301M	$592M	$686M	$557M	$329M	$673M
Net Margin	39.1%	37.0%	22.9%	35.7%	38.3%	36.8%	22.5%	37.1%
EPS (Diluted)	$4.27	$7.50	$2.01	$3.95	$0.46	$0.37	$0.22	$0.45
EBITDA	$1.1B	$1.8B	$675M	$1.1B	$1.2B	$731M	$710M	$1.2B
Shares Outstanding	150M	150M	150M	150M	1.50B	1.50B	1.50B	1.50B

AENA.MC BME