Ryanair (RYAAY)
NASDAQ:RYAAY
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Earnings Data
Report Date
Jul 20, 2026TBA (Confirmed)
Period Ending
2027 (Q1)Consensus EPS Forecast
1.45Last Year’s EPS
1.79Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
Overall the call conveyed strong underlying operational and financial performance—record profit, record traffic, disciplined unit costs, robust hedging, a large and improving cash position and near-term plans for fleet modernization and shareholder returns. These positives are tempered by significant macro and industry headwinds: the Middle East conflict and fuel volatility (20% unhedged), rising EU environmental taxes, near-term pricing/bookings uncertainty, some rising maintenance and labor costs, and remaining OEM/certification risks. Management positioned the business conservatively (no FY27 profit guidance), emphasizing balance-sheet strength and optionality to capitalize on market dislocations.Company Guidance
Record Full-Year Profit
Reported record FY26 profit after tax of EUR 2.26 billion, a 40% increase versus prior year (EUR 1.6 billion).
Record Traffic Growth
Traffic grew 4% to a record 208.4 million passengers in FY26.
Very Strong Balance Sheet and Cash Position
Gross cash EUR 3.6 billion and net cash EUR 2.1 billion at year-end after EUR 1.9 billion CapEx, EUR 1.2 billion debt repayments and >EUR 900 million shareholder distributions; BBB+ ratings from Fitch and S&P.
Effectively Debt-Free
Plan to repay the final EUR 1.2 billion bond next week, which the company states will leave the group effectively debt-free—materially reducing refinancing risk.
Strong Fuel Hedging
80% of jet fuel for the next 12 months hedged at about $67/barrel (c.$668/tonne), materially insulating earnings from near-term oil volatility.
Fleet Progress and Future Efficiency Gains
Fleet of 647 aircraft at 31 March including 210 Gamechanger aircraft (last 29 delivered); agreement that MAX-10 certification is expected end Q3/early Q4 2026 with first 15 MAX-10s due spring 2027. MAX-10s expected to provide ~20% more seats and ~20% lower fuel burn per flight.
Capital Return and Shareholder Actions
Declared final dividend EUR 0.195 per share (subject to AGM). Continued share buybacks and cancellation: bought/cancelled another ~2% of issued share capital in FY26 and have retired 38% since 2008; current EUR 750 million buyback ~80% complete (approx. EUR 600 million executed) at an average price ~EUR 26.40.
Commercial Expansion and Network Optimization
130 new routes for summer, three new bases (Rabat, Tirana, Trapani). Strategic reallocation of scarce capacity toward airports/countries cutting aviation taxes or offering incentives (e.g., Sweden, Slovakia, Albania, regional Italy).
Operational Discipline on Unit Costs
Delivered FY26 unit cost discipline with unit costs up only 1% year-over-year despite growth and industry headwinds.
Maintenance / Engine Strategy
Plan to in-house LEAP engine maintenance and secure spare parts (including a 30-spare LEAP-1B purchase) to reduce long-term engine maintenance cost compared with third-party rates and improve turnaround times.
RYAAY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
RYAAY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 18, 2026 | $53.36 | $56.09 | +5.12% |
Jan 26, 2026 | $70.97 | $69.00 | -2.78% |
Nov 03, 2025 | $62.19 | $64.70 | +4.03% |
Jul 21, 2025 | $55.53 | $59.20 | +6.61% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Ryanair (RYAAY) report earnings?
Ryanair (RYAAY) is schdueled to report earning on Jul 20, 2026, TBA (Confirmed).
What is Ryanair (RYAAY) earnings time?
Ryanair (RYAAY) earnings time is at Jul 20, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is RYAAY EPS forecast?
RYAAY EPS forecast for the fiscal quarter 2027 (Q1) is 1.45.
