NYSE$VLRS

Controladora Vuela Cia de Aviacion SAB de CV · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

Volaris reported FY 2025 operating revenue of $3.04B and a net loss of $103.9M per its 20-F.

For the year ended December 31, 2025 (filed as Q4 period), total operating revenues were $3.04 billion (-3.3% YoY). Operating income fell to $135.0 million from $413.2 million on higher costs. Net loss was $103.9 million versus net income $126.4 million in 2024. Booked passengers 31.0 million (+5.2%). Cash $753.9 million; available credit lines $514.7 million undrawn.

  • FY 2025 revenue $3.04B; net loss $103.9M.
  • Operating income $135M vs $413M prior year.
  • 31.0M booked passengers (+5%).
  • v.club ~2.5M members.

Headline financials

Total Revenue

$3.04B

Previous: $835M+263.8%
EPS (adj)

$0.04

Previous: $0.39-89.7%
EBITDAR

$328M

No prior period
TRASM (cents)

$9.35

No prior period
Passengers

8.2M

No prior period
CASM (cents)

$8.29

No prior period
CASM ex fuel (cents)

$5.76

No prior period
EBITDAR margin

37.2%

No prior period
Scheduled load factor

85.1%

No prior period
Available seat miles (millions scale in filing: 9,067M)

9.4B

No prior period
Net Income

-$104M

Previous: $46M-325.8%
Operating Income

$100M

Previous: $61M+63.9%

Revenue & EPS history

Volaris · Revenue · Quarterly

$3.04B

Q4 2025+263.8%vs Q4 2024
Beat estimate in 5 of 15 quarters(33%)
ActualEstimate

Revenue by segment

Volaris · $655M total across 2 segments · Q2 2025

  • Other passenger revenues
    $370M
  • Fare revenues
    $285M

Forward guidance

ULCC strategy focuses on load factors, ancillary revenue, and fleet utilization; 2025 reflected fuel and financing cost pressure despite passenger growth.

Tailwinds

  • Passenger volume and v.club membership grew.
  • Liquidity and undrawn credit capacity solid.
  • U.S. and Mexico route diversification.

Headwinds

  • Operating income down sharply YoY.
  • Finance costs rose on lease fleet.
  • Fuel ~38% of operating costs in 2025.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

-1.2%

Avg return

Earnings day

-2.7%

Avg return

5 days after

-4.3%

Avg return

30 days after

43%

20 / 46 earnings

Positive

+12.4%

Q2 2018

Best reaction

-34.1%

Q1 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025-7.2%-17.1%-26.8%
Q3 2025-6.4%-4.5%+5.8%
Q2 2025-1.2%+8.4%+20.6%
Q4 2024-12.6%-16.6%-27.2%
Q3 2024+0.7%+1.0%+13.7%
Q2 2024+4.0%+3.9%-10.1%
Q1 2024+8.2%+7.5%-0.6%
Q4 2023-1.1%-1.8%-0.7%
Q2 2023-8.5%-10.7%-30.7%
Q1 2023-7.8%+0.3%+8.8%
Q4 2022+0.4%+2.3%-0.7%
Q2 2022-13.3%-9.8%-0.9%
Q1 2022+1.2%-4.9%-6.7%
Q4 2021+0.5%-14.6%-24.3%
Q2 2021+2.7%+1.7%-10.0%
Q1 2021+8.4%+12.5%+19.9%
Q4 2020+4.7%+10.0%+4.2%
Q3 2020+5.2%-5.4%+20.2%
Q2 2020-2.0%+2.0%+46.9%
Q1 2020-0.8%+12.3%+23.9%
Q4 2019-3.1%-19.7%-69.5%
Q3 2019-0.5%+2.4%+0.2%
Q2 2019-4.2%-7.1%-20.3%
Q1 2019+3.6%+7.8%+6.4%
Q4 2018+9.5%+4.2%+6.0%
Q3 2018-4.3%-8.9%-8.1%
Q2 2018+12.4%+17.9%+17.9%
Q1 2018-34.1%-33.2%-37.5%
Q4 2017-1.2%+0.9%-11.1%
Q3 2017-0.5%+1.9%-4.7%
Q2 2017-6.8%-10.8%-14.1%
Q1 2017-5.7%-6.2%-4.0%
Q4 2016-11.5%-16.1%-11.4%
Q3 2016-2.4%-3.1%-22.9%
Q2 2016-0.3%-1.6%-2.3%
Q1 2016+1.7%
Q4 2015-4.3%
Q3 2015+4.2%
Q2 2015+3.6%
Q1 2015+1.9%
Q4 2014+10.0%
Q3 2014-8.2%
Q2 2014+9.8%
Q1 2014-0.5%
Q4 2013-0.4%
Q3 2013+2.3%
Q2 2013
Q1 2013
Q4 2012
Q3 2012
Q2 2012
Q1 2012

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