‍AMSTERDAM — The KLM Group announced annual and Q42025 results, highlighting stable performance and continued dedication to improving of KLM’s (KL) financial health and reduction of the airline’s vulnerability.

Q42025-Full-year Results

In the fourth quarter, KL recorded a profit of €78 million (€51 million in 2024) with improved operational reliability and increased organisational robustness being the main contributors to strong financial performance.

In 2025, the KLM Group generated €13.2 billion in revenue and achieved operating results of €416 million, with a strong 3.2% profit margin.  

Back on Track

KLM’s “Back on Track” improvement program, launched in 2024, proved to be essential in achieving stable performance.

“Back on Track” met its objectives in 2025; further structural strengthening remains crucial to secure KLM’s strong financial health and to reduce the airline's vulnerability. 

Challenges Faced in 2025

While 2025 started off and ended strongly and stably, KLM faced significant challenges throughout the year.

KLM's fleet technical issues and supply chain shortages caused maintenance delays, reduced punctuality, increased cancellations, and higher operational pressure. Additionally, geopolitical tensions - Russian airspace remaining closed and restrictions in other regions - led to longer and more complicated routes.

Growth Despite Challenges

Despite significant challenges, the airline made important progress throughout the year. Fourteen new aircraft were delivered, and the Embraer E195-E2 jet's cabin layout was improved to increase passenger capacity and thus reduce CO2 emissions per passenger by 3%. KLM Group trained and recruited an all-time high number of pilots in 2025.

Transavia, KLM Cargo, E&M

Transavia increased revenue and capacity; however, profit margin dropped. KLM Cargo showed stable performance while KLM Engineering & Maintenance (E&M) achieved strong financial results.

KLM CEO Summary of Year 2025

“2025 was a challenging year for all KLM employees, and I am proud of their dedication. Through our Back on Track improvement program, we exceeded our €450 million targetby increasing revenues, reducing costs, and improving productivity. This provides a strong foundation, but the results show that more action is required. Only through strict cost control and more reliable operations can we achieve a lasting recovery.

External factors, such as rising cost pressures in the Netherlands, make this even more urgent. 2026 will therefore be a crucial year in which we must accelerate our transformation to maintain our position in a competitive market,” commented KLM CEO Marjan Rintel.

Outlook for 2026

Following significant improvements in 2025, KLM Group will take further steps to strengthen operations, increase revenues, and drive additional cost reductions, thereby reducing vulnerability to external factors and remaining competitive.

“We have delivered stable results, but our costs are rising faster than our revenues, leaving KLM vulnerable and requiring structural decisions. This will enable us to increase the predictability of our results and create the capacity to invest in our customers, employees, and operations,” said KLM CFO Bas Brouns.