Airbus has published its consolidated results for 2025, confirming strong operational and financial momentum despite ongoing supply chain constraints. The company delivered 793 commercial aircraft during the year (2024: 766) and generated revenues of €73.4 billion, representing a six percent year-on-year increase.
Adjusted EBIT reached €7.1 billion (2024: €5.4 billion), while reported EBIT amounted to €6.1 billion. Net income rose to €5.2 billion, with earnings per share of €6.61. Free cash flow before customer financing totalled €4.6 billion. At year-end, the company held a gross cash position of €27.2 billion and a net cash position of €12.2 billion.
The commercial aircraft segment remained the primary revenue driver at €52.6 billion (+4%), supported by higher delivery volumes and services growth. Deliveries included 93 A220 aircraft, 607 from the A320 Family, 36 A330s, and 57 A350s. Airbus Helicopters increased revenues by 13% to €9.0 billion with 392 deliveries, while Defence and Space revenues grew 11% to €13.4 billion, alongside a significant improvement in profitability.
Order activity remained robust. Airbus recorded 1,000 gross commercial aircraft orders in 2025, or 889 net orders after cancellations. The year-end commercial backlog reached a record 8,754 aircraft. The total consolidated order book stood at €619 billion. The Group’s book-to-bill ratio was above 1, as was the case in both the Helicopters and Defence and Space segments, indicating continued portfolio expansion.
Operationally, Airbus continues its production ramp-up. The A220 programme targets a monthly production rate of 13 aircraft by 2028. For the A320 Family, the company now expects to reach a rate of 70–75 aircraft per month by the end of 2027, stabilising at 75 thereafter. The adjustment reflects ongoing engine delivery constraints from Pratt & Whitney. Targets for the A330 and A350 programmes remain five and 12 aircraft per month, respectively, later in the decade.
In Defence and Space, order intake reached a record €17.7 billion, with the division’s transformation plan beginning to translate into improved operating performance. Within the A400M programme, a contract amendment was signed with OCCAR to advance deliveries for France and Spain, while technical risk assessments remain stable.
The Board of Directors will propose a 2025 dividend of €3.20 per share, with payment scheduled for 23 April 2026, reflecting confidence in sustainable cash generation and future performance.
For 2026, Airbus targets approximately 870 commercial aircraft deliveries, adjusted EBIT of around €7.5 billion and free cash flow before customer financing of approximately €4.5 billion. The guidance incorporates currently applicable tariffs and assumes no additional major macroeconomic or operational disruptions.
With a record backlog, improved profitability, and a solid balance sheet, Airbus enters 2026 focused on scaling production and capitalising on sustained global demand, while continuing to manage supply chain challenges.
