The Emirates Group reported record financial results for its fiscal year ended March 31, 2026, with profit before tax reaching AED 24.4 billion (US$6.6 billion), a 7% increase from the previous year and a profit margin of 16.2%.
Revenue grew 3% to AED 150.5 billion (US$41.0 billion), while cash assets rose 12% to a record AED 59.6 billion (US$16.2 billion). EBITDA stood at AED 41.1 billion (US$11.2 billion).
Emirates airline, the groups primary operation, posted profit before tax of AED 22.8 billion (US$6.2 billion), up 7% with a 17.4% margin. Its revenue increased 2% to AED 130.9 billion (US$35.7 billion), and cash assets hit AED 54.9 billion (US$15 billion). Net profit after tax was AED 19.7 billion (US$5.4 billion), a record for the airline.
dnata, the aviation services division, saw profit before tax rise 2% to AED 1.6 billion (US$437 million), with revenue up 12% to AED 23.6 billion (US$6.4 billion).
The group declared a dividend of AED 3.5 billion (US$1.0 billion) to the Investment Corporation of Dubai. Results came despite disruptions in the final month of the fiscal year, amid strong travel demand and capacity growth of 1% to 60.6 billion ATKMs for Emirates.
After accounting for taxes under new UAE rules raising the corporate rate to 15%, net profit was AED 21 billion (US$5.7 billion), up 3% year-over-year.