RYAAY FY 2025 Earnings Report — Ryanair Holdings plc Revenue & Financial Results | Market Cap Arena

Ryanair Holdings plcRYAAY

FY 2025 Earnings

Reported May 19, 2025

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2025	Prior Q	FY 2024	QoQ Change	YoY Change
Revenue	$16.3B	—	$15.7B	—	3.8%
Op. Income	$1.8B	—	$2.4B	—	-24.4%
Gross Margin	19.0%	—	28.8%	—	-9.8pp
Net Margin	11.6%	—	14.3%	—	-2.7pp
EPS (Diluted)	$3.41	—	$3.92	—	-12.8%
Free Cash Flow	$2.2B	—	$896M	—	143.2%

Revenue Flow

Item	Amount
REVENUE	$16.3B
Cost of Revenue	$13.2B
GROSS PROFIT	$3.1B
R&D Expenses	$0
Selling & Marketing	$1.0B
General & Administrative	$250M
SG&A Expenses	$1.3B
Other Expenses	$0
Operating Expenses	$1.3B
Cost & Expenses	$14.5B
OPERATING INCOME	$1.8B
Interest Income	$340M
Interest Expense	$78M
Other Income/Expenses	$265M
INCOME BEFORE TAX	$2.1B
Income Tax Expense	$202M
Net Income from Continuing Ops	$1.9B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.9B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.9B
D&A	$1.4B
EBIT	$2.2B
EBITDA	$3.6B
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$16.3B
Cost of Revenue	$13.2B
GROSS PROFIT	$3.1B
R&D Expenses	$0
Selling & Marketing	$1.0B
General & Administrative	$250M
SG&A Expenses	$1.3B
Other Expenses	$0
Operating Expenses	$1.3B
Cost & Expenses	$14.5B
OPERATING INCOME	$1.8B
Interest Income	$340M
Interest Expense	$78M
Other Income/Expenses	$265M
INCOME BEFORE TAX	$2.1B
Income Tax Expense	$202M
Net Income from Continuing Ops	$1.9B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.9B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.9B
D&A	$1.4B
EBIT	$2.2B
EBITDA	$3.6B
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$1.9B
Depreciation & Amortization	$1.4B
Stock-Based Compensation	$15M
Deferred Income Tax	$202M
Other Non-Cash Items	$10M
Change in Working Capital	$462M
OPERATING CASH FLOW	$4.0B
Capital Expenditure	-$1.8B
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$141M
NET CASH FROM INVESTING	-$1.7B
Net Debt Issuance	-$101M
Common Stock Repurchased	-$1.7B
Common Dividends Paid	-$512M
Other Financing Activities	$0
NET CASH FROM FINANCING	-$2.3B
FREE CASH FLOW	$2.2B
Net Change in Cash	-$14M

Balance Sheet

Item	Amount
Cash & Equivalents	$4.5B
Short-Term Investments	$117M
Net Receivables	$86M
Inventory	$5M
Other Current Assets	$2.3B
TOTAL CURRENT ASSETS	$7.0B
PP&E (Net)	$12.9B
Goodwill	$0
Intangible Assets	$171M
Long-Term Investments	$0
Tax Assets	$2M
Other Non-Current Assets	$324M
TOTAL NON-CURRENT ASSETS	$13.4B
TOTAL ASSETS	$20.5B
Account Payables	$821M
Short-Term Debt	$992M
Deferred Revenue	$4.0B
Other Current Liabilities	$325M
TOTAL CURRENT LIABILITIES	$9.5B
Long-Term Debt	$2.0B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$441M
Other Non-Current Liabilities	$168M
TOTAL NON-CURRENT LIABILITIES	$2.7B
TOTAL LIABILITIES	$12.2B
Common Stock	$7M
Additional Paid-In Capital	$1.7B
Retained Earnings	$6.5B
Treasury Stock	$0
Accum. Other Comp. Income	-$25M
Other Equity	$49M
TOTAL STOCKHOLDERS' EQUITY	$8.2B
Minority Interest	$0
TOTAL EQUITY	$8.2B
TOTAL LIABILITIES & EQUITY	$20.5B
Total Debt	$3.1B
Net Debt	-$1.4B