Loading...
•
Sep 30
American Airlines Q3 2025 Earnings Report
American Airlines reported record Q3 revenue but posted a net loss due to high operating and interest expenses.
Key Takeaways
Despite achieving a record $13.7B in revenue, American Airlines reported a net loss of $114M in Q3 2025. The company highlighted strong demand and loyalty program engagement but continues to face margin pressure from operating costs and fuel.
Posted record Q3 revenue of $13.7B, up 0.3% YoY
Reported net loss of $114M and EPS of -$0.17
Passenger revenue slightly declined, led by weakness in Latin America
Unit costs excluding fuel and special items increased 3.9% YoY
American Airlines
American Airlines
American Airlines Revenue by Segment
American Airlines Revenue by Geographic Location
Revenue by Segment
Passenger Revenue
CapyFin.comCargo Revenue
CapyFin.comOther Revenue
CapyFin.comRevenue by Geographic Location
Domestic Passenger Revenue
CapyFin.comLatin America Passenger Revenue
CapyFin.comAtlantic Passenger Revenue
CapyFin.comPacific Passenger Revenue
CapyFin.com Forward Guidance
American expects adjusted EPS between $0.45 and $0.75 in Q4 and full-year adjusted EPS between $0.65 and $0.95, with free cash flow above $1B.
Positive Outlook
- Guides Q4 adjusted EPS to $0.45–$0.75
- Expects FY25 adjusted EPS between $0.65–$0.95
- Free cash flow expected to exceed $1B for FY25
- Strong engagement with AAdvantage loyalty program
- Premium unit revenue growth continues to outperform main cabin
Challenges Ahead
- Reported net loss of $114M in Q3
- Unit revenue (PRASM) down YoY
- Latin America passenger revenue declined 6.5%
- Operating expenses remain elevated
- Interest expenses continued to pressure net results