Airbus Reports First-Quarter 2025 Results

Airbus Reports Solid First-Quarter 2025 Results Amid Supply Chain Challenges

Amsterdam, the Netherlands, 30 April 2025 – Airbus SE (stock symbol: AIR) has announced its consolidated financial results for the first quarter ended 31 March 2025, reporting a 6% increase in revenues to €13.5 billion, up from €12.8 billion in the same period last year. Despite persistent supply chain pressures, the company sustained stable underlying profitability, maintained delivery targets, and secured a robust volume of commercial aircraft orders.

Financial Performance and Operational Highlights

Airbus recorded an adjusted EBIT of €624 million for the quarter, reflecting an improvement from €577 million in Q1 2024. The adjusted EBIT for commercial aircraft activities remained steady at €494 million, as the impact of fewer deliveries was offset by favourable hedge rates and reduced research and development expenses. Reported EBIT stood at €0.5 billion, with earnings per share reaching €1.01. Free cash flow before customer financing was negative at €0.3 billion, reflecting ongoing investments and operational dynamics.

The company delivered 136 commercial aircraft during the quarter, slightly below the 142 units delivered in Q1 2024. Deliveries comprised 17 A220s, 106 A320 Family aircraft, 4 A330s, and 9 A350s. Revenues from commercial aircraft activities rose by 4% to €9.5 billion, primarily driven by favourable foreign exchange effects, which partially offset the impact of the reduced delivery volume.

Airbus Helicopters reported revenues of €1.6 billion, a 10% increase supported by strong programme execution and growth in services, with 51 helicopters delivered compared to 50 in the previous year. Airbus Defence and Space posted an 11% revenue increase to €2.7 billion, reflecting higher volumes across its platforms and services. The division also recorded an order intake valued at €2.6 billion, up from €2.0 billion in Q1 2024.

Orders, Backlog, and Production Outlook

The company experienced strong commercial momentum, with gross commercial aircraft orders reaching 280, a significant rise from 170 in the first quarter of 2024. Net orders after cancellations totaled 204, maintaining a solid order backlog of 8,726 commercial aircraft as of 31 March 2025. Airbus Helicopters secured 100 net orders, up from 63 units a year earlier, demonstrating well-distributed demand across its product range.

Looking ahead, Airbus continues to ramp up production of the A320 Family, targeting a monthly output of 75 aircraft by 2027. This increase is supported by ongoing investments in manufacturing technologies and supply chain optimization. The A350 programme is also advancing, with a goal of producing 10 aircraft per month by the end of 2025, underscoring sustained market confidence in Airbus’ wide-body aircraft offerings.

CEO Commentary and Market Response

Guillaume Faury, Airbus Chief Executive Officer, emphasized the company’s progress despite supply chain challenges, noting that production is increasing in line with plans, although the delivery schedule will be backloaded due to specific constraints. He reaffirmed Airbus’ guidance, excluding tariff impacts amid ongoing uncertainties, and highlighted the company’s readiness to support European defence initiatives through its extensive portfolio.

Market reaction to the results has been positive, with investors and analysts focusing on Airbus’ ability to maintain production stability and meet global demand across both narrow-body and wide-body segments. The company remains vigilant regarding the evolving tariff environment and continues to position itself strategically to address customer requirements worldwide.