Pegasus Hava Tasimaciligi Anonim Sirketi
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Pegasus Hava Tasimaciligi Anonim Sirketi (PGSUS) investor relations material

Pegasus Hava Tasimaciligi Anonim Sirketi Q1 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q1 2026 earnings summary11 May, 2026

Executive summary

  • Reported a net loss of EUR 153.1 million for Q1 2026, compared to a net loss of EUR 61.9 million in Q1 2025.

  • Revenue increased to EUR 641.9 million, up 3.3% year-over-year.

  • Cost of sales rose to EUR 703.7 million, outpacing revenue growth and resulting in a gross loss.

  • Total assets reached EUR 8.25 billion, with equity at EUR 2.27 billion as of March 31, 2026.

Financial highlights

  • Revenue: EUR 641.9 million (Q1 2026), up from EUR 621.7 million (Q1 2025).

  • Net loss: EUR 153.1 million, widened from EUR 61.9 million loss year-over-year.

  • Gross loss: EUR 61.8 million, compared to EUR 14.1 million gross loss in Q1 2025.

  • Operating loss: EUR 93.0 million, similar to prior year.

  • Cash and cash equivalents: EUR 1.11 billion at period end.

Outlook and guidance

  • Management prepared financials on a going concern basis, expecting to meet obligations and utilize assets effectively.

  • No changes in accounting estimates or significant impact from new standards anticipated.

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Next Pegasus Hava Tasimaciligi Anonim Sirketi earnings date

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Q2 20267 Aug, 2026
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