Finance

Russian flag carrier Aeroflot reports a Q4 net loss of $21.94 million

Published by Global Banking & Finance Review

Posted on March 4, 2026

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· Last updated: April 2, 2026

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Russian flag carrier Aeroflot reports a Q4 net loss of $21.94 million
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MOSCOW, March 4 (Reuters) - Russian flag carrier Aeroflot on Wednesday reported a net loss of 1.7 billion roubles ($21.94 million) for the fourth quarter of 2025. Revenues rose by 2.5% to 225.8

Aeroflot Records $21.94 Million Net Loss in Q4 2025 Amid Mixed Financial Results

Q4 2025 Financial Performance Overview

Net Loss and Revenue Growth

MOSCOW, March 4 (Reuters) - Russian flag carrier Aeroflot on Wednesday reported a net loss of 1.7 billion roubles ($21.94 million) for the fourth quarter of 2025.

Revenue Increase

Revenues rose by 2.5% to 225.8 billion roubles, while earnings before interest, tax, depreciation and amortisation (EBITDA) fell by 51.1% to 22.8 billion roubles, Aeroflot said.

Exchange Rate Reference

($1 = 77.5000 roubles)

Reporting Credits

(Reporting by Gleb Stolyarov, writing by Dmitry AntonovEditing by Andrew Osborn)

Key Takeaways

  • Aeroflot swung to a Q4 loss despite revenue growth, underscoring margin pressure amid rising costs (EBITDA down over 50%) (tradingview.com)
  • Full‑year adjusted earnings for 2025 dropped sharply (to ₽11.8 bn from ₽59 bn), signaling broader profit erosion despite a 6.7% revenue increase (english.news.cn)
  • Operational resilience: Aeroflot maintained strong load factors (over 89–90%) and continued passenger demand, though cost inflation and sanctions-driven constraints weigh on profitability (aviationoutlook.com)

References

Frequently Asked Questions

What was Aeroflot's net loss in Q4 2025?
Aeroflot reported a net loss of 1.7 billion roubles ($21.94 million) for the fourth quarter of 2025.
How much did Aeroflot's revenue change in Q4 2025?
Aeroflot's revenues rose by 2.5% to 225.8 billion roubles in Q4 2025.
What happened to Aeroflot's EBITDA in Q4 2025?
Aeroflot's EBITDA fell by 51.1% to 22.8 billion roubles during Q4 2025.
What is the USD to rouble exchange rate used in the report?
The exchange rate used was $1 = 77.5000 roubles.

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