Ryanair Holdings plc (RYAAY) Q3 2026 Earnings Call January 26, 2026 5:00 AM EST
Company Participants
Michael O’Leary – Group CEO & Executive Director
Neil Sorahan – Group Chief Financial Officer
Edward Wilson – Chief Executive Officer of Ryanair DAC
Tracey McCann – Chief Financial Officer of Ryanair DAC
Jason McGuinness – Director of Commercial
Darrell Hughes
Juliusz Komorek – Group Chief Legal & Regulatory Officer and Company Secretary
Conference Call Participants
Jaime Rowbotham – Deutsche Bank AG, Research Division
Harry Gowers – JPMorgan Chase & Co, Research Division
Savanthi Syth – Raymond James & Associates, Inc., Research Division
Alexander Irving – Bernstein Institutional Services LLC, Research Division
Stephen Furlong – Davy, Research Division
Muneeba Kayani – BofA Securities, Research Division
Conor Dwyer – Citigroup Inc., Research Division
Dudley Shanley – Goodbody Stockbrokers UC, Research Division
Jarrod Castle – UBS Investment Bank, Research Division
Gerald Khoo – Panmure Liberum Limited, Research Division
Andrew Lobbenberg – Barclays Bank PLC, Research Division
Presentation
Operator
Hello, and welcome, everyone, to the Ryanair Holdings plc Q3 FY ’26 Earnings Release. My name is Elliot, and I’ll be coordinating the call today. [Operator Instructions]
I would now like to hand over to Michael O’Leary, Group CEO of Ryanair Holdings, to begin. Michael, please go ahead when you’re ready.
Michael O’Leary
Group CEO & Executive Director
Okay. Thank you. Good morning, ladies and gentlemen. You’re all welcome to the Ryanair Q3 results call. I’m joined by all the members of the senior management team here in Dublin. Eddie Wilson and Jason are in Brussels today. So they’re caring from Brussels, and Neil Sorahan is in London but they’re all on the call.
You’ll have seen earlier this morning, so we released our Q3 results. Q3 profit after tax of EUR 115 million pre-exceptional compared to a strong prior year Q3 — prior year Q3 of EUR 149 million. The main difference is the absence of


