Lufthansa Technik reported continued revenue growth in the first quarter of 2026, navigating challenges from supply chain disruptions, rising material costs, and geopolitical uncertainty.
The company, a leading provider of aircraft maintenance, repair, and overhaul services, faced profitability pressures despite the revenue increase. These headwinds follow a pattern seen throughout 2025, when full-year revenue reached a record €8.049 billion, up 12% from the prior year. Adjusted EBIT held steady at €603 million, though the profit margin slipped to 7.5% from 8.5%, impacted by US tariffs, material cost inflation, and an unfavorable US dollar exchange rate.
In the first nine months of 2025, revenue climbed 11.9% to €5.9 billion, but adjusted EBIT fell 5.6% to €440 million, with the margin dropping to 7.4%. The first half of the year showed revenue up 13.1% to €4 billion and adjusted EBIT rising 1.7% to €310 million, though the margin edged down to 7.8%.
About 75% of 2025 revenue came from non-Lufthansa Group customers. Lufthansa Technik secured new contracts worth €8.8 billion. The company plans over €2 billion in investments over the next five years, including new facilities in Portugal, Hamburg, Calgary, and Tulsa to expand repair capacities.