Dubai, UAE – Dubai Aerospace Enterprise Limited announced on Wednesday that it achieved net profits of $102.2 million during the first quarter of 2026. An increase of 19.11% compared to $85.8 million during the same period in 2025.
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The company recorded pre-tax profits of $120.4 million. Compared to $101.2 million during the corresponding period last year.
The company’s revenues rose 15% to a record level of $455.5 million. Compared to $395.9 million during the first quarter of 2025.
Operating profit was $243.1 million, compared to $201.4 million. Net financing costs amounted to $122.7 million. Income tax expenses also amounted to $18.2 million during the same period.
High profit margin before tax
Operating cash flow recorded $296.3 million, compared to $344.7 million during the same period last year. The profit margin before tax increased to 26.4% compared to 25.6%. The rate of return on equity before tax stabilized at 13%.
In terms of financial position, the company’s total assets amounted to $16.336 billion at the end of March 2026. Compared to about $16.547 billion at the end of December 2025. Available liquidity also increased to $4.547 billion compared to $3.4 billion, with liquidity coverage improving to 1,089% compared to 277%.
Regarding operational performance, the company acquired 9 aircraft and sold 15 aircraft. It also signed 64 lease, extension and modification agreements, bringing the total number of aircraft owned, operated and ordered within its fleet to 663 aircraft.
Dubai Aerospace Enterprise also signed new long-term, unsecured revolving credit facility agreements worth $2.8 billion.
