Airbus reported a record financial performance for FY2025, driven by strong commercial aircraft demand and improved profitability across all divisions.
2025 Key Figures
- Commercial aircraft deliveries: 793 (up from 766 in 2024)
- Revenues: €73.4 billion (+6%)
- EBIT Adjusted: €7.1 billion (2024: €5.4 billion)
- EBIT (reported): €6.1 billion
- Net income: €5.2 billion
- EPS: €6.61
- Free cash flow (before customer financing): €4.6 billion
- Dividend proposal: €3.20 per share
Gross commercial orders reached 1,000 aircraft (889 net), bringing the year-end backlog to a record 8,754 aircraft. Consolidated order intake by value rose to €123.3 billion.
Commercial Aircraft
Commercial revenues increased 4% to €52.6 billion. Deliveries included:
- 93 A220
- 607 A320 Family
- 36 A330
- 57 A350
Production ramp-up continues, though constrained by Pratt & Whitney engine shortages affecting the A320neo family. Airbus now expects to reach a monthly rate of 70–75 A320 Family aircraft by end-2027 (stabilising at 75). The A220 is targeted at 13 aircraft per month in 2028, the A350 at a rate of 12 in 2028, and the A330 at a rate of 5 in 2029.
Helicopters and Defence
- Airbus Helicopters: Revenues +13% to €9.0 billion; EBIT Adjusted €925 million; 392 deliveries.
- Airbus Defence and Space: Revenues +11% to €13.4 billion; EBIT Adjusted €798 million, a strong turnaround from a loss in 2024. Order intake reached a record €17.7 billion.
The A400M programme saw a contract amendment with OCCAR to improve production visibility, though order uncertainties remain.
Financial Position
Gross cash stood at €27.2 billion, with a net cash position of €12.2 billion. Adjustments impacting reported EBIT included dollar working capital effects, Spirit AeroSystems integration costs, workforce adaptation measures, and A400M-related charges.
2026 Outlook
Assuming no major additional disruptions, Airbus targets for 2026:
- ~870 commercial aircraft deliveries
- ~€7.5 billion EBIT Adjusted
- ~€4.5 billion free cash flow before customer financing
Bottom line: Airbus closed 2025 with record profitability, a robust order book and strong defence momentum. However, engine supply constraints and geopolitical trade risks remain key variables as the company continues its production ramp-up into 2026.