Ryanair is Europe’s largest airline by passenger numbers, built around an ultra-low-cost model of high aircraft utilization, point-to-point routes, and heavy use of secondary airports. It operates a largely standardized Boeing 737 fleet and generates ancillary revenue from baggage, seating, and onboard sales. The carrier mainly serves leisure and price-sensitive travelers across Europe and nearby markets.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q1 2025 | 2,297.3 | — | -328.2 | — |
| Q2 2025 | 4,337.6 | — | 819.9 | 112.9% |
| Q3 2025 | 5,479.9 | — | 1,718.9 | -78.6% |
| Q4 2025 | 3,214.2 | — | 30.4 | -80.6% |
| Q1 2026 | 2,512.6 | 9.4% | -395.5 | — |
| Q2 2026 | 4,384.1 | 1.1% | 537.7 | -34.4% |
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