Deutsche Lufthansa AG

LHA: XETR (DEU)

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Lufthansa Earnings: Recovery Continues, but Turnaround of Core Airline Remains Key; We Increase FVE

Loredana Muharremi

Mar 9, 2026

Lufthansa reported 2025 revenue of EUR 39.6 billion, up 5%, with adjusted EBIT of EUR 2.0 billion and a margin of 4.9%. Adjusted free cash flow rose to EUR 1.2 billion as operational disruption costs fell and fuel prices eased.

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Deutsche Lufthansa AG

Lufthansa Earnings: Recovery Continues, but Turnaround of Core Airline Remains Key; We Increase FVE

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