FSE$DLAKY

Deutsche Lufthansa Aktiengesellschaft · Q2 2026 earnings

Q2 2026 earnings · · Investor relations

Briefing

Deutsche Lufthansa Aktiengesellschaft reported record Q2 2026 revenue of €11.1 billion despite higher fuel costs and strikes impacting profits.

Lufthansa Group achieved an 8% year-over-year revenue increase to €11.1 billion in Q2 2026, driven by strong passenger demand and higher yields. Adjusted EBIT fell 56% to €383 million due to €750 million higher fuel costs and strike impacts, while net income dropped 88% to €123 million. The company lowered its full-year 2026 adjusted EBIT guidance to €1.7-2.2 billion.

  • Q2 revenue hit a record €11.1 billion (+8% YoY) on strong travel demand.
  • Adjusted EBIT declined to €383 million (margin 3.4%) from €870 million prior year due to fuel and strike costs.
  • Net income fell sharply to €123 million (€0.10 EPS) from €1.012 billion last year.
  • Full-year adjusted EBIT outlook revised downward to €1.7-2.2 billion amid geopolitical uncertainties.

Headline financials

Total Revenue

€12.8B

No prior period
EPS (adj)

€0.10

No prior period
Net Income

€142M

No prior period
Operating Income

€398M

No prior period

Forward guidance

Company expects full-year 2026 adjusted EBIT between €1.7 billion and €2.2 billion, with capacity in line with prior year and focus on cost initiatives.

Tailwinds

  • Strong underlying demand and yield improvements expected to continue.
  • Cost reduction measures and operational efficiencies underway.

Headwinds

  • Ongoing geopolitical risks and fuel price volatility.
  • Lowered guidance range reflects higher expected fuel costs.

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro