• Underlying Profit Before Tax of $2,394 million, up 15.2% from FY24
• Statutory Profit After Tax of $1,605 million, up 28.3% from FY24
• Dividends and share buybacks totaling $831 million returned to shareholders

The Qantas Group reported Underlying Profit Before Tax of $2,394 million for FY25, a 15.2% increase compared to FY24. Statutory Profit Before Tax was $2,262 million, up 20.1%, and Statutory Profit After Tax was $1,605 million, up 28.3%. The Group's integrated portfolio continued to drive value, with higher Group ASKs, ongoing strength in travel demand, and improved Freight performance. Qantas Domestic and Jetstar's domestic operations performed well, while the Group's international airline operations also saw strong results. Qantas Loyalty maintained its positive momentum, delivering $556 million in Underlying EBIT. The Group's fleet renewal program continued with the delivery of new aircraft, and significant investments were made to enhance the customer experience. During the year, the Group completed $431 million in on-market share buybacks and paid $400 million in fully franked interim dividends. In August 2025, the Board announced a $250 million base dividend and a $150 million special dividend. The Group also recognized provisions related to legal matters, including a $100 million civil penalty paid to the ACCC and $120 million in compensation to former ground handlers.

The Qantas Group expects to maintain its strong financial performance, with Underlying Profit Before Tax expected to be in the range of $2.3 billion to $2.5 billion for the 2025/26 financial year.

The Qantas Group remains focused on executing its strategy, including further investment in its fleet and customer experience, while maintaining its disciplined approach to capital management. The Group is well-positioned to capitalize on the continued recovery in travel demand and deliver sustainable returns to shareholders.