The Emirates Group has reported its strongest financial performance to date, posting a record profit before tax of AED24.4 billion (US$6.6 billion) for the year ended 31 March 2026 — a 7 percent increase over the previous year — even as a major disruption in the final month of the financial year tested the conglomerate's resilience.
Group revenue reached a record AED150.5 billion (US$41.0 billion), up 3 percent year-on-year, while cash assets climbed 12 percent to AED59.6 billion (US$16.2 billion). EBITDA stood at AED41.1 billion (US$11.2 billion), reflecting robust operating performance across the business.
Emirates airline retained its position as the world's most profitable carrier, reporting a record PBT of AED22.8 billion (US$6.2 billion) on revenues of AED130.9 billion (US$35.7 billion). Cash assets at the airline level reached AED54.9 billion (US$15.0 billion), up 10 percent. Ground and travel services arm dnata also delivered record results, with PBT rising 2 percent to AED1.6 billion (US$437 million) and revenue surging 12 percent to AED23.6 billion (US$6.4 billion).
The Group declared a dividend of AED3.5 billion (US$1.0 billion) to its owner, the Investment Corporation of Dubai. After the application of a 15 percent corporate tax rate — reflecting the UAE's adoption of Pillar Two global tax rules — profit after tax came in at AED21.0 billion (US$5.7 billion), up 3 percent.
Chairman and Chief Executive Sheikh Ahmed bin Saeed Al Maktoum credited the results to the Group's core strengths, noting that despite challenges in the year's final month, operations at Dubai International Airport have been progressively restored.
The Group invested AED17.9 billion (US$4.9 billion) in aircraft, facilities and technology during the year, and grew its global workforce by 8 percent to 130,919 employees.
News Source: Emirates News Agency
