El Al Reports 18% Revenue Surge, 14% Net Profit Drop in Q3
Translated & summarized from Calcalist by baba
El Al Israel Airlines reported an 18% surge in third-quarter revenue to $1.269 billion, while its net profit decreased by 14% to $175 million. The company also announced a dividend payout of $116 million, with shareholders needing to hold stock until November 12, 2026, to qualify. Payments are scheduled for November 19, 2026.
The story in 5 lines · by baba
- El Al's third-quarter revenue rose 18% to $1.269 billion.
- Net profit for El Al fell 14% to $175 million in the third quarter.
- El Al will distribute a $116 million dividend, or 62 agorot per share.
- Shareholders must hold El Al stock until November 12, 2026, to receive the dividend.
- Dividend payments are expected on November 19, 2026.
El Al Israel Airlines announced a significant 18% increase in revenue for the third quarter, reaching $1.269 billion. Despite the revenue growth, the airline's net profit saw a 14% decline, totaling $175 million.
In conjunction with its financial reporting, the company officially declared a dividend distribution of 62 agorot per share, amounting to a total of $116 million for the quarter. Investors wishing to receive this dividend must hold El Al shares until the record date, set for November 12, 2026. The dividend payments are expected to be disbursed to eligible shareholders approximately one week later, on November 19, 2026. This dividend distribution follows the approval of the company's third-quarter financial statements, which were released earlier today.
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