Auckland International Airport reports 1H26 earnings

Happy couple looking at a phone and waiting for their flight at an airport.

The Auckland International Airport Ltd (ASX: AIA) share price is in focus after the company reported a 4% jump in revenue to $519.6 million and a 6% increase in underlying profit to $157.1 million for the half year ended 31 December 2025.

What did Auckland International Airport report?

  • Total revenue rose 4% to $519.6 million.
  • Operating EBITDAFI increased 6% to $371.3 million.
  • Net underlying profit after tax climbed 6% to $157.1 million.
  • Reported profit after tax (including revaluations) fell 5% to $177.0 million.
  • Passenger numbers were up 2% to 9.64 million.
  • An interim dividend of 6.50 cents per share (fully imputed) will be paid on 2 April 2026, totalling $110.2 million.

What else do investors need to know?

Auckland Airport continued its strong investment programme, delivering key aeronautical infrastructure such as a 250,000m² airfield expansion and making steady progress on the new domestic jet terminal, on track for completion in 2029. The company highlighted smoother operations for travellers, with airport processing times noticeably improved thanks to new technology and border agency collaboration.

New international routes and expanded airline services have helped boost connectivity, notably the launch of China Eastern’s Shanghai–Auckland–Buenos Aires service. In the domestic market, seat capacity is up, leading to lower average jet fares and greater competition.

The commercial property business remains resilient, with a 99% occupancy rate and continued demand despite softer conditions for new developments. The company’s retail and parking businesses delivered mixed results, but commercial rent roll and premium outlet sales grew year on year.

What did Auckland International Airport management say?

Chief Executive Carrie Hurihanganui said:

The service places Auckland Airport at the heart of the world’s longest direct flight, delivering an estimated $110 million in benefits to New Zealand’s economy annually.

What’s next for Auckland International Airport?

Looking ahead, Auckland Airport expects the positive momentum in aeronautical and commercial activity to continue in the second half. The company has narrowed its underlying profit guidance for FY26 to between $295 million and $320 million, reflecting confidence in ongoing passenger recovery and network growth.

Capital investment is expected to range from $1.0 billion to $1.2 billion, focused on major longer-term projects including the domestic terminal and commercial developments. Management is also watching for any wider market or regulatory impacts but remains committed to delivering operational improvements and enhanced traveller experiences.

Auckland International Airport share price snapshot

Over the past 12 moths, Auckland International Airport shares have declined 4%, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen 7% over the same period.

View Original Announcement

The post Auckland International Airport reports 1H26 earnings appeared first on The Motley Fool Australia.

Should you invest $1,000 in Auckland International Airport Limited right now?

Before you buy Auckland International Airport Limited shares, consider this:

Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Auckland International Airport Limited wasn’t one of them.

The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

And right now, Scott thinks there are 5 stocks that may be better buys…

* Returns as of 1 Jan 2026

.custom-cta-button p {
margin-bottom: 0 !important;
}

More reading

Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.