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    1. Home
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    3. >Russian flag carrier Aeroflot reports a Q4 net loss of $21.94 million
    Finance

    Russian Flag Carrier Aeroflot Reports a Q4 Net Loss of $21.94 Million

    Published by Global Banking & Finance Review®

    Posted on March 4, 2026

    1 min read

    Last updated: April 2, 2026

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    Quick Summary

    Aeroflot posted a Q4 2025 net loss of ₽1.7 bn (~$21.9 m), despite a 2.5% rise in revenues to ₽225.8 bn. EBITDA plunged 51.1% to ₽22.8 bn as cost pressures intensified.

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    Aeroflot Records $21.94 Million Net Loss in Q4 2025 Amid Mixed Financial Results

    Q4 2025 Financial Performance Overview

    Net Loss and Revenue Growth

    MOSCOW, March 4 (Reuters) - Russian flag carrier Aeroflot on Wednesday reported a net loss of 1.7 billion roubles ($21.94 million) for the fourth quarter of 2025.

    Revenue Increase

    Revenues rose by 2.5% to 225.8 billion roubles, while earnings before interest, tax, depreciation and amortisation (EBITDA) fell by 51.1% to 22.8 billion roubles, Aeroflot said.

    Exchange Rate Reference

    ($1 = 77.5000 roubles)

    Reporting Credits

    (Reporting by Gleb Stolyarov, writing by Dmitry AntonovEditing by Andrew Osborn)

    References

    • Russia's Aeroflot reports Q4 net loss after profit year earlier — TradingView News
    • Russia's largest airline posts sharp decline in adjusted earnings in 2025
    • Aeroflot - Strategic Analysis and Outlook Report (2026)

    Table of Contents

    • Q4 2025 Financial Performance Overview
    • Net Loss and Revenue Growth
    • Revenue Increase
    • Exchange Rate Reference
    • Reporting Credits

    Key Takeaways

    • •Aeroflot swung to a Q4 loss despite revenue growth, underscoring margin pressure amid rising costs (EBITDA down over 50%) (tradingview.com)
    • •Full‑year adjusted earnings for 2025 dropped sharply (to ₽11.8 bn from ₽59 bn), signaling broader profit erosion despite a 6.7% revenue increase (english.news.cn)

    Frequently Asked Questions about Russian flag carrier Aeroflot reports a Q4 net loss of $21.94 million

    1What was Aeroflot's net loss in Q4 2025?

    Aeroflot reported a net loss of 1.7 billion roubles ($21.94 million) for the fourth quarter of 2025.

    2How much did Aeroflot's revenue change in Q4 2025?

    Aeroflot's revenues rose by 2.5% to 225.8 billion roubles in Q4 2025.

    3What happened to Aeroflot's EBITDA in Q4 2025?

    Aeroflot's EBITDA fell by 51.1% to 22.8 billion roubles during Q4 2025.

  • •Operational resilience: Aeroflot maintained strong load factors (over 89–90%) and continued passenger demand, though cost inflation and sanctions-driven constraints weigh on profitability (aviationoutlook.com)
  • 4What is the USD to rouble exchange rate used in the report?

    The exchange rate used was $1 = 77.5000 roubles.

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