)
Singapore Airlines (C6L) investor relations material
Singapore Airlines H2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved record revenue of $20,522M (+5.0% YoY) and record 2H operating profit, driven by strong travel demand and higher passenger yields.
Operating profit rose 39.0% YoY to $2,375M, but net profit declined 57.4% YoY to $1,184M due to absence of prior year one-off gain and Air India losses.
Maintains one of the strongest balance sheets in the airline industry, with a debt-to-equity ratio of 0.62 and equity of $17,262M.
Proposed total dividend of 37 cents per share for FY25/26, including special dividends.
Financial highlights
Passenger flown revenue grew 5.2% YoY to $16,666M; cargo revenue declined 2.0% YoY to $2,167M.
Total expenditure increased 1.8% YoY to $18,148M, with net fuel cost down 6.7% YoY to $5,025M.
EBITDA was $4,493M (EBITDA margin 21.9%), down from $5,741M (29.4%) last year due to the one-off gain in FY24/25.
Earnings per share (basic) was 38.4 cents, down from 89.3 cents YoY.
Outlook and guidance
Operating fleet expected to expand to 224 aircraft by end FY26/27, with significant capital expenditure planned ($3.8B in FY26/27, peaking at $4.5B in FY27/28).
Fuel hedging program in place, with 28-35% of fuel needs hedged for FY26/27 at average prices of $65-68/bbl.
Focus on network expansion, digital transformation, and sustainability, including SAF adoption and net zero carbon target by 2050.
- Record revenue and operating profit, but net profit declined due to absence of one-off gain.C6L
Q3 202627 Feb 2026 - Record revenue, strong liquidity, but net profit plunged 67.9% on Air India losses.C6L
H1 20263 Feb 2026 - Net profit fell 48.5% year-on-year as higher costs offset revenue growth and yields declined.C6L
H1 202515 Jan 2026 - Net profit hit SGD 2.8B on a merger gain, but operating profit dropped 37% amid rising costs.C6L
H2 202518 Nov 2025 - Profits fell sharply as higher costs and associate losses offset record passenger demand.C6L
Q1 202629 Jul 2025 - Net profit dropped 38% to $451.7M–$452M as higher costs and lower yields offset gains.C6L
Q1 202513 Jun 2025 - Net profit soared 146.8% on record revenue, driven by the Air India-Vistara merger gain.C6L
Q3 20256 Jun 2025
Next Singapore Airlines earnings date
Next Singapore Airlines earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Explore our global coverage
)
)