Qantas Airways has been growing earnings at an average annual rate of 62.9%, while the Airlines industry saw earnings growing at 45.9% annually. Revenues have been growing at an average rate of 27.4% per year. Qantas Airways's return on equity is 119.1%, and it has net margins of 6.5%.
Key information
62.86%
Earnings growth rate
64.13%
EPS growth rate
Airlines Industry Growth
0.092%
Revenue growth rate
27.35%
Return on equity
119.13%
Net Margin
6.54%
Next Earnings Update
27 Aug 2026
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Qantas Airways makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
OTCPK:QUBS.F Revenue, expenses and earnings (AUD Millions)
Date
Revenue
Earnings
G+A Expenses
R&D Expenses
31 Dec 25
24,590
1,607
227
0
30 Sep 25
24,207
1,606
224
0
30 Jun 25
23,823
1,605
220
0
31 Mar 25
23,382
1,455
212
0
31 Dec 24
22,941
1,305
204
0
30 Sep 24
22,440
1,280
200
0
30 Jun 24
21,939
1,255
195
0
31 Mar 24
21,486
1,436
233
0
31 Dec 23
21,033
1,616
270
0
30 Sep 23
20,424
1,681
261
0
30 Jun 23
19,815
1,746
252
0
31 Mar 23
17,879
1,173
206
0
31 Dec 22
15,943
599
160
0
30 Sep 22
12,526
-130
142
0
30 Jun 22
9,108
-860
123
0
31 Mar 22
7,893
-972
104
0
31 Dec 21
6,678
-1,085
84
0
30 Sep 21
6,306
-1,388
78
0
30 Jun 21
5,934
-1,692
72
0
31 Mar 21
6,529
-2,582
84
0
31 Dec 20
7,123
-3,472
96
0
30 Sep 20
10,690
-2,718
137
0
30 Jun 20
14,257
-1,964
178
0
31 Mar 20
16,241
-571
200
0
31 Dec 19
18,224
822
222
0
30 Sep 19
18,095
831
226
0
30 Jun 19
17,966
840
230
0
31 Mar 19
17,801
831
405
0
31 Dec 18
17,635
821
580
0
30 Sep 18
17,382
887
648
0
30 Jun 18
17,128
953
716
0
31 Mar 18
16,850
943
670
0
31 Dec 17
16,572
932
623
0
30 Sep 17
16,315
892
628
0
30 Jun 17
16,057
852
632
0
31 Mar 17
15,989
854
578
0
31 Dec 16
15,921
856
524
0
30 Sep 16
16,061
943
528
0
30 Jun 16
16,200
1,029
531
0
31 Mar 16
16,211
1,036
534
0
31 Dec 15
16,221
1,042
537
0
30 Sep 15
16,019
800
532
0
30 Jun 15
15,816
557
527
0
Quality Earnings: QUBS.F has a high level of non-cash earnings.
Growing Profit Margin: QUBS.F's current net profit margins (6.5%) are higher than last year (5.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: QUBS.F has become profitable over the past 5 years, growing earnings by 62.9% per year.
Accelerating Growth: QUBS.F's earnings growth over the past year (23.1%) is below its 5-year average (62.9% per year).
Earnings vs Industry: QUBS.F earnings growth over the past year (23.1%) exceeded the Airlines industry 17.2%.
Return on Equity
High ROE: Whilst QUBS.F's Return on Equity (119.13%) is outstanding, this metric is skewed due to their high level of debt.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/05/23 14:23
End of Day Share Price
2026/05/07 00:00
Earnings
2025/12/31
Annual Earnings
2025/06/30
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Qantas Airways Limited is covered by 29 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.