Corporación América Airports S.A. (CAAP) Income Statement
CAAP 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsCAAP revenue and net income
Where CAAP's revenue goes
2025Each bar shows an amount and its share of revenue. CAAP kept 12.6% of revenue as net income.
CAAP profit margins
CAAP growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +6.4% | +12.5% | +26.4% | +5.2% |
| Gross profit | +13.8% | +18.4% | — | +4.9% |
| Operating income | +13.8% | +20.1% | — | +6.1% |
| Net income | −12.4% | +13.8% | — | +8.9% |
| EPS (diluted) | −1.3% | +14.3% | — | +36.2% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
CAAP quarterly EPS vs estimates
Corporación América Airports beat the analyst EPS estimate in 1 of the last 8 quarters. Next report: November 23, 2026 (estimate $0.61).
CAAP income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.96B | $1.84B | $1.40B | $1.38B | $706.9M | $607.4M | $1.56B | $1.43B | $1.58B | $1.37B |
| Cost of revenue | $1.27B | $1.24B | $914.7M | $963.0M | $622.4M | $653.6M | $1.14B | $971.4M | $1.03B | $859.1M |
| Gross profit | $689.8M | $605.9M | $485.4M | $415.7M | $84.5M | −$46.2M | $420.2M | $454.7M | $545.2M | $507.3M |
| Sales, general & admin | $131.3M | $120.4M | $80.4M | $91.6M | $61.6M | $58.8M | $86.7M | $104.5M | $120.1M | $108.0M |
| Total operating expenses | $194.6M | $170.6M | $67.5M | $129.9M | $104.7M | $117.5M | $196.6M | $155.7M | $176.0M | $175.4M |
| Operating income | $495.2M | $435.3M | $417.8M | $285.8M | −$20.1M | −$163.7M | $223.6M | $299.0M | $369.1M | $331.8M |
| Interest income | $40.4M | $166.7M | $58.2M | $43.9M | $17.6M | $35.7M | $31.3M | $27.2M | $39.2M | $19.0M |
| Interest expense | $101.8M | $107.5M | $99.3M | $169.2M | $129.3M | $101.9M | $101.7M | $107.2M | $219.7M | $228.1M |
| Income before taxes | $332.7M | $606.7M | $202.2M | $190.5M | −$90.7M | −$371.7M | $15.2M | $3.5M | $113.8M | $95.1M |
| Income taxes | $75.0M | $298.8M | −$24.2M | $24.9M | $69.1M | −$14.3M | $17.1M | $14.1M | $46.9M | $56.4M |
| Net income | $247.7M | $282.7M | $239.5M | $168.2M | −$117.8M | −$253.1M | $9.1M | $7.1M | $63.5M | $33.8M |
| EBITDA | $652.6M | $917.2M | $449.0M | $527.3M | $195.5M | −$71.9M | $290.2M | $275.6M | $367.2M | $336.2M |
| EPS (diluted) | $1.54 | $1.56 | $1.73 | $1.03 | −$0.72 | −$1.57 | $0.53 | $0.58 | $0.40 | −$0.04 |
| Gross margin | 35.2% | 32.9% | 34.7% | 30.2% | 12.0% | −7.6% | 27.0% | 31.9% | 34.6% | 37.1% |
| Operating margin | 25.2% | 23.6% | 29.8% | 20.7% | −2.8% | −27.0% | 14.3% | 21.0% | 23.4% | 24.3% |
| Net margin | 12.6% | 15.3% | 17.1% | 12.2% | −16.7% | −41.7% | 0.6% | 0.5% | 4.0% | 2.5% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $377.4M | $537.6M | $562.6M | $527.3M | $476.8M | $447.8M | $532.2M | $461.8M | $416.2M | $433.0M | $126.3M | $469.0M |
| Cost of revenue | $288.8M | $339.1M | $375.2M | $330.1M | $310.9M | $291.3M | $363.9M | $319.8M | $286.1M | $267.5M | $95.7M | $293.0M |
| Gross profit | $88.5M | $198.6M | $187.4M | $197.2M | $165.9M | $156.5M | $168.2M | $142.0M | $130.2M | $165.6M | $30.6M | $176.0M |
| Sales, general & admin | $25.0M | $40.3M | $67.5M | $32.6M | $32.9M | $32.2M | $43.1M | $31.2M | $27.6M | $26.1M | $45.2M | $44.2M |
| Total operating expenses | $42.0M | $58.7M | $53.0M | $47.7M | $47.8M | $50.9M | $52.5M | $40.1M | $37.3M | $40.8M | −$166.0M | $167.3M |
| Operating income | $46.5M | $139.9M | $134.4M | $149.5M | $118.1M | $105.6M | $115.7M | $101.9M | $92.9M | $124.8M | $196.6M | $8.8M |
| Interest income | $19.1M | $12.3M | $16.1M | $8.0M | $8.8M | $8.6M | $41.5M | $15.9M | $12.8M | $17.0M | $4.5M | $22.7M |
| Interest expense | $13.6M | $22.4M | $23.9M | $23.2M | $24.5M | $25.9M | $17.5M | $31.8M | $28.2M | $29.8M | $261.7M | $222.6M |
| Income before taxes | $33.8M | $128.3M | $133.7M | $79.0M | $61.6M | $68.6M | $139.8M | $81.3M | $100.1M | $285.6M | −$9.4M | $71.1M |
| Income taxes | −$4.9M | $47.9M | $16.2M | $20.2M | $10.1M | $32.4M | $59.7M | $80.6M | $45.6M | $112.9M | −$78.7M | $18.9M |
| Net income | $38.6M | $77.1M | $107.7M | $55.1M | $49.3M | $40.8M | $65.1M | $14.7M | $50.2M | $152.7M | $91.9M | $46.1M |
| EBITDA | $112.0M | $215.7M | $219.0M | $153.1M | $141.5M | $151.6M | $222.9M | $159.9M | $176.8M | $357.6M | $20.8M | $141.7M |
| EPS (diluted) | $0.32 | $0.47 | $0.65 | $0.34 | $0.30 | $0.25 | $0.21 | $0.09 | $0.31 | $0.95 | $0.81 | $0.29 |
| Gross margin | 23.5% | 36.9% | 33.3% | 37.4% | 34.8% | 34.9% | 31.6% | 30.7% | 31.3% | 38.2% | 24.2% | 37.5% |
| Operating margin | 12.3% | 26.0% | 23.9% | 28.4% | 24.8% | 23.6% | 21.7% | 22.1% | 22.3% | 28.8% | 155.7% | 1.9% |
| Net margin | 10.2% | 14.3% | 19.1% | 10.4% | 10.3% | 9.1% | 12.2% | 3.2% | 12.1% | 35.3% | 72.8% | 9.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in CAAP's financial statements (latest annual report filed March 17, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CAAP financial results
In fiscal year 2025 (ended December 31, 2025), Corporación América Airports reported revenue of $2.0 billion, up 6.4% from the year before. It had net income of $247.7 million (down 12.4%), a net profit margin of 12.6%. Diluted earnings per share came to $1.54. Over five years revenue grew at an average rate of 26.4% a year.
See the CAAP stock overview for the latest quote and news, or the CAAP chart for price history and technical indicators.
CAAP income statement FAQ
What is Corporación América Airports's annual revenue?
Corporación América Airports reported total revenue of $2.0 billion for fiscal year 2025, which ended on December 31, 2025. That was up 6.4% from $1.8 billion the previous year.
Is Corporación América Airports profitable?
Yes. Corporación América Airports reported net income of $247.7 million in fiscal 2025, a net profit margin of 12.6%; its operating margin was 25.2%.
What is Corporación América Airports's gross margin?
Corporación América Airports's gross margin was 35.2% in fiscal 2025: for every $100 of revenue, Corporación América Airports kept $35 after the direct cost of its products and services.
How fast is Corporación América Airports growing?
Revenue grew 26.4% a year on average over the last five fiscal years, from $607.4 million to $2.0 billion.
What are Corporación América Airports's earnings per share?
Corporación América Airports earned $1.54 per diluted share in fiscal 2025, compared with $1.56 a year earlier.
When will Corporación América Airports report its next earnings?
Corporación América Airports is expected to report results for the quarter ending September 30, 2026 on November 23, 2026 before the market opens.
When does Corporación América Airports's fiscal year end?
Corporación América Airports's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 17, 2026.