Qantas, Auckland Airport and Brambles FY26 Results: Profits, Costs and Outlook

Sonal Goyal

21 October 2026 11:06 PM AEDT

Qantas, Auckland Airport and Brambles FY26 Results: Profits, Costs and Outlook

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Key highlights

Qantas (ASX:QAN) reported Underlying Profit Before Tax of $2.06 billion, with a $420 million net impact from the Middle East conflict.
Auckland International Airport (ASX:AIA) reported 19.04 million passengers and Revenue of NZ$1,036 million.
Brambles (ASX:BXB) reported Underlying Profit of US$1,494.4 million and free Cash Flow of US$1,048.2 million.

Airlines, airports and Supply chain logistics businesses are linked by the movement of people and goods, and their FY26 results reflect fuel prices, travel Demand and consumer volumes. This article reviews the annual results of Qantas Airways Limited (ASX:QAN), Auckland International Airport Limited (ASX:AIA) and Brambles Limited (ASX:BXB) for the year ended 30 June 2026.

Sector context

Transport and logistics companies are influenced by fuel and input costs, passenger and consumer demand, airline capacity, supply chain disruption and currency. The releases refer to fuel price Volatility linked to the Middle East conflict and to lower consumer volumes.

Qantas Airways Limited (ASX:QAN)

Qantas reported results on 27 August 2026. Underlying Profit Before Tax was $2.06 billion, down $330 million, statutory profit after tax was $1.29 billion, down $316 million, and underlying EPS was 96 cents, down 14 cents. The company said fuel prices surged in the last four months of the year, increasing its fuel bill by $610 million, and that the net impact of the Middle East conflict on Earnings was $420 million after fare and capacity adjustments.

The final Dividend was 19.8 cents per share, with a $300 million Shareholder return, and Group net capex was $4.0 billion with 17 new aircraft delivered. Qantas International revenue grew 8% and Qantas Domestic revenue grew 5%, and the company said Qantas Loyalty delivered double-digit earnings growth.

Auckland International Airport Limited (ASX:AIA)

Auckland Airport reported FY26 results on 20 August 2026. Passenger movements rose 1.6% to 19.04 million, revenue rose 3% to NZ$1,036 million, and operating EBITDAFI rose 3% to NZ$724 million. Net underlying profit after tax was NZ$309 million, down 0.5%, and reported profit after tax including revaluations fell to NZ$335 million, with a smaller Investment property Revaluation gain of NZ$35.8 million against NZ$127.5 million.

The final dividend was 6.75 cents per share. The company said seat capacity fell 6% from planned levels in the final four months as airlines reassessed capacity on fuel price volatility, and it provided about NZ$3.5 million of rental abatements to regional airlines.

Brambles Limited (ASX:BXB)

Brambles reported FY26 results on 20 August 2026 in US dollars. Sales revenue was US$7,042.9 million, up 2% at constant currency, Underlying Profit was US$1,494.4 million, up 4%, and free cash flow before dividends was US$1,048.2 million, down US$46.7 million. US repair capacity constraints reduced earnings by about US$90 million, and the company said it is on track to resolve them by the end of 1H27.

The FY26 final dividend was 23.15 US cents per share, for a total of 46.15 US cents, up 16%. FY27 guidance is for sales revenue growth of 2–4%, Underlying Profit growth of 2–6% and free cash flow of US$800–950 million, with a mid-to-high single digit decline in profit expected in 1H27.

A closer look at the common threads

Each company described conditions tied to fuel costs or consumer demand: Qantas absorbed higher fuel costs, Auckland Airport saw airlines trim capacity, and Brambles reported lower like-for-like volumes. Dividends were maintained or higher at all three.

FAQs

Q: What was Qantas’ (ASX:QAN) FY26 final dividend?

A:19.8 cents per share.

Q: How many passengers used Auckland Airport (ASX:AIA) in FY26?

A:19.04 million, up 1.6%.

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