easyJet plc Q4 2025 Earnings Recap

easyJet reported a third consecutive year of earnings growth, with a 9% increase in profit before tax to GBP 665 million and an impressive 18% improvement in EBIT driven by strong performance in both the airline and holiday segments.

Key Takeaways

• Achieved a GBP 250 million medium-term target for holidays two years ahead of schedule, with a 20% increase in packaged holiday customers.
• Owned aircraft assets expanded to GBP 4.8 billion, projected to reach over GBP 7.5 billion by FY28 due to upcoming Airbus deliveries.
• Improved net cash position to GBP 602 million, enhancing liquidity to support aircraft pre-financing plans.
• Customer satisfaction rose to 80%, the highest level in over a decade, indicating effective resilience measures amidst operational challenges.
• Despite near-term challenges, the company remains confident in achieving its GBP 1 billion profit target, bolstered by a maturing domestic program and strategic investments in key markets.