Also trades as: RYAAY (NASDAQ) · $vol 76M · RY4C.IR (DUB) · $vol 44M · RYA.L (LSE) · $vol 17M · RY4C.DE (XETRA) · $vol 0M · RYAOF (OTC) · $vol 0M

€23.71 ($26.53)

+0.73 (+3.18%)

Weekly Expected Move ±3.8%

€22 €23 €24 €25 €26

DUB · Industrials · Airlines, Airports & Air Services · Tech Score Neutral · Power 58 · €24.7B mcap · 953M float · 0.312% daily turnover

Revenue

$15.5B +11.4% ▲

5Y CAGR: +56.9%

Gross Profit

$3.3B +23.1% ▲

Operating Income

$2.5B +57.8% ▲

Net Income

$2.2B +34.9% ▲

EPS (Diluted)

$2.04 +40.7% ▲

EBITDA

$3.8B +25.0% ▲

View Full Income Statement

Line Item	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$4.8B	$10.8B	$13.4B	$13.9B	$15.5B
YoY Growth	+193.5%	+124.4%	+24.8%	+3.8%	+11.4%
Cost of Revenue	$4.0B	$7.7B	$9.6B	$11.3B	$12.3B
Gross Profit	$791M	$3.0B	$3.9B	$2.7B	$3.3B
Gross Margin	16.5%	28.2%	28.8%	19.0%	21.0%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$411M	$674M	$757M	$878M	$804M
Operating Expenses	$1.1B	$1.6B	$1.8B	$1.1B	$804M
Operating Income	-$340M	$1.4B	$2.1B	$1.6B	$2.5B
Operating Margin	-7.1%	13.4%	15.3%	11.2%	15.8%
Interest Expense	$91M	$77M	$0	$66M	$38M
Income Before Tax	-$430M	$1.4B	$2.1B	$1.8B	$2.4B
Tax Expense	-$189M	$129M	$211M	$173M	$250M
Net Income	-$241M	$1.3B	$1.9B	$1.6B	$2.2B
Net Margin	-5.0%	12.2%	14.3%	11.6%	14.0%
EPS (Diluted)	$-0.21	$1.15	$1.67	$1.45	$2.04
EBITDA	$325M	$2.3B	$3.1B	$3.1B	$3.8B
Shares Outstanding	1.13B	1.14B	1.15B	1.11B	1.06B

Line Item	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2	FY2026 Q3	FY2026 Q4
Revenue	$3.6B	$5.1B	$3.0B	$2.3B	$4.3B	$5.5B	$3.2B	$2.5B
Cost of Revenue	$2.7B	$3.2B	$2.7B	$2.4B	$3.2B	$3.0B	$2.9B	$3.2B
Gross Profit	$898M	$1.9B	$268M	-$99M	$1.1B	$2.5B	$277M	-$658M
Gross Margin	24.8%	37.4%	9.1%	-4.3%	26.2%	45.8%	8.6%	-26.2%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$219M	$247M	$236M	$176M	$221M	$217M	$174M	$276M
Operating Expenses	$219M	$247M	$236M	$390M	$221M	$562M	$259M	$191M
Operating Income	$366M	$1.6B	$33M	-$489M	$913M	$1.9B	$18M	-$504M
Operating Margin	10.1%	32.5%	1.1%	-21.3%	21.1%	35.5%	0.6%	-20.1%
Interest Expense	$0	$0	$0	$0	$0	$0	$0	$0
Income Before Tax	$401M	$1.7B	$144M	-$426M	$930M	$2.0B	$24M	-$493M
Tax Expense	$41M	$235M	-$5M	-$98M	$110M	$242M	-$6M	-$97M
Net Income	$360M	$1.4B	$149M	-$328M	$820M	$1.7B	$30M	-$396M
Net Margin	9.9%	28.3%	5.0%	-14.3%	18.9%	31.4%	0.9%	-15.7%
EPS (Diluted)	$0.13	$1.28	$0.14	$-0.30	$0.77	$1.61	$0.03	$-0.37
EBITDA	$679M	$2.0B	$324M	$99M	$1.3B	$2.3B	$430M	-$145M
Shares Outstanding	1.12B	1.12B	1.09B	1.11B	1.07B	1.07B	1.06B	1.06B

RYA.IR DUB