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Cebu Pacific reported a net income of P12.3 billion in 2025, more than double the previous year’s income of P5.4 billion
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Revenues reached P119.9 billion, up 14% year-on-year, supported by growth in passenger, cargo, and ancillary revenues
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Cargo revenues grew 27% to P7.2 billion as volumes reached 215 million kilos, advancing 27% year-on-year
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The airline flew a record 26.9 million passengers, up 10% bolstered by an 84% seat load factor
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The airline expects to receive seven aircraft deliveries while retiring seven older aircraft this year
Cebu Pacific reported a net income of P12.3 billion in 2025, more than double the previous year’s P5.4-billion income.
Revenue reached P119.9 billion for 2025, up 14% year-on-year, supported by growth in passenger, cargo, and ancillary revenues.
Passenger revenue rose 13% to P80.8 billion as Cebu Pacific flew a record 26.9 million passengers, a 10% increase bolstered by an 84% seat load factor, the low-cost carrier said in a statement.
Ancillary yields likewise improved, resulting in an ancillary revenue of P32.0 billion, up 14% year-on-year.
Cargo revenues grew 27% to P7.2 billion as volumes reached 215 million kilos, advancing 27% year-on-year.
Earnings before interest, taxes, depreciation, and amortization (EBITDA) reached P30.9 billion, higher by 21%, expanding EBITDA margin to 26%.
Operating income jumped 25% to P11.5 billion, yielding an improved operating margin of 10%.
Cash outflow for investments was P6.4 billion, as capital expenditure requirements were partly offset by proceeds from the sale of assets. After cash for operations and financing activities, which included the dividend payout to its convertible preferred shareholders in October of 2025, Cebu Pacific ended 2025 with cash balance of P21.7 billion.
With 100 aircraft in its fleet, Cebu Pacific ended 2025 with total assets of P264.7 billion and total liabilities of P245.7 billion, expanding its total equity to P19.0 billion.
“Cebu Pacific’s 2025 financial results demonstrate the returns of strategic investments in capacity growth, fleet modernization and operational integrity. The larger, more fuel efficient A330NEOs and A321NEOs helped deliver improved seat economics network wide. Together with our focus on efficiency, this helped mitigate the increased expenses in maintenance, airports and fleet related costs due to grounded aircraft,” Cebu Pacific chief financial officer Mark Cezar said.
“Overall, the 2025 results underscore the strength of Cebu Pacific’s operating fundamentals and financial resilience,” he added.
For full year 2025, domestic passenger traffic increased 8% to 20 million, while international traffic increased 14% to 6.9 million. Throughout this expansion, Cebu Pacific said it maintained a stable load factor, underscoring its disciplined network management and healthy underlying demand.
The airline in 2025 also said it maintained “clear leadership”, with its domestic market share reaching 56.2%, up from 54.1% in 2024, while international market share expanded to 22% from 20.6%.
December 2025 saw Cebu Pacific widen its lead on domestic with a market share of 59% while being the leading carrier on international with a market share of 24%.
On-time performance softened in the fourth quarter largely due to heightened airport congestion and some operating restrictions.
Its customer experience metrics, meanwhile, strengthened, underscoring positive reception to its ongoing efforts to enhance the passenger’s end-to-end travel journey, improve its operational reliability and better service delivery.
Cebu Pacific was also rated as one of the safest airlines in the world, with no aviation accidents in 2025. Aside from embedding safety in all functions internally, Cebu Pacific said it conducted a Safety Workshop with regulators, partners, and key stakeholders, allowed the airline to integrate safety within airport traffic services and airports all over the Philippines.
Cebu Pacific also manages its environmental footprint. As of December 2025, 72% of its jets are Airbus NEO (new engine option) aircraft. This delivered almost 80 thousand tons in fuel saving, and avoided 252 thousand tons of carbon emissions.
In 2025, the airline also achieved 76 tons of carbon dioxide per revenue passenger kilometer, outperforming its sustainability-linked loan target, while other fuel-efficiency initiatives generated an additional 11 thousand tons in fuel savings and 35 thousand tons of CO₂ avoided.
Cebu Pacific said it will continue to modernize its fleet this 2026. The airline expects to receive seven aircraft deliveries while retiring seven older aircraft. This will retain its fleet size at 100 while increasing the proportion of seats on new generation aircraft. This shift meaningfully enhances the airline’s fuel efficiency, reduces unit costs, and supports sustainable growth.
READ: Cebu Pacific receives 1st of 4 new A320neo expected in 2026
