Qatar Airways Group has reported a net profit of QAR 7.08 billion (about USD 1.94 billion) for the 2025/26 financial year, down around 7% from the record QAR 7.85 billion (about USD 2.15 billion) achieved in 2024/25. Management describes the latest performance as robust, highlighting that the final month of the fiscal year was hit by geopolitical events in the Middle East and broader global economic instability.
The group posted an operating profit of roughly USD 4.1 billion, described as the highest in its history, and carried close to 42 million passengers between April 2025 and March 2026. The company emphasizes prudent growth, operational resilience and cost discipline, maintaining a focus on route profitability and careful allocation of capacity rather than aggressive expansion.
This stance is consistent with the continuation of the “Qatar Airways 2.0” strategy that underpinned the 2024/25 record, but with a stronger emphasis on preserving cash and margins. The approach is also visible in the loyalty program. For members whose status expires between 28 February and 31 May 2026, status is extended by 12 months only if at least 90% of the required Qpoints are reached, otherwise by just three months. Unlike Emirates and Etihad, which have broadly lowered status thresholds or offered generous mileage promotions, Qatar Airways is applying a narrower, less costly measure targeted at a specific segment of frequent flyers.