Wizz Air Holdings (WIZZ): Profit warning

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WIZZ Wizz Air Holdings

£986m · 952.0p · −11% since the first step

4 Mar 2026 · profit warning · +3% on the day · −7% until the next step Wizz Air estimates that the current crisis in the Middle East will result in a negative impact to its FY26 net profits of c.€50m.

11 Jun 2026 · profit warning · +6% on the day · +8% until the next step F26 has been a year of relentless focus on our strategy and aim to be the reliable travel partner of choice across Central and Eastern Europe, and key markets across the whole European continent.

6 Aug 2026 · profit warning · third in 12 months · −14% since While we reported a net loss for this period, which reflects in particular the 21% rise in unit fuel costs, we operate the business with a strong balance sheet, more than €2 billion of cash and a liqu

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Profit warning

profit warning · third in 12 months

Directionbelow expectations / warning

Reaction on the day−3%

In 12 months3 statements in the same direction

Company's wordsWhile we reported a net loss for this period, which reflects in particular the 21% rise in unit fuel costs, we operate the business with a strong balance sheet, more than €2 billion of cash and a liquidity ratio of 37%. ↗

As of 6 Aug 2026 ↗

Since Oct 2023: 1145 situations of this kind; median share price +0% six months after they opened

Every step · 3

4 Mar 2026 profit warning · +3% on the day – Wizz Air estimates that the current crisis in the Middle East will result in a negative impact to its FY26 net profits of c.€50m. ↗
11 Jun 2026 profit warning · +6% on the day – F26 has been a year of relentless focus on our strategy and aim to be the reliable travel partner of choice across Central and Eastern Europe, and key... ↗
6 Aug 2026 profit warning · third in 12 months – While we reported a net loss for this period, which reflects in particular the 21% rise in unit fuel costs, we operate the business with a strong balance... ↗

What is happening

Wizz Air Holdings: Profit warning – profit warning · third in 12 months. ['profit warning · third in 12 months']

In short: Guidance for F26 net income was cut after the 4 March Middle East hit, then raised on 12 May. F26 net profit was €1.3m (11 June). Q1 F27 showed a €183.3m operating loss with RASK down 8.1% (6 August). On 2 October, after the 17 September Capital Markets Day, Q2 RASK guidance moved to flat from down low single digits. No F27 guidance was given, and H2 capacity was cut 5%.
Announced: 4 Mar 2026 · profit warning · +3% on the day
Latest: 6 Aug 2026 · profit warning · -3% on the day
F26 operating profit: €139.7m vs €167.5m
F27 guidance: None given, citing Iran conflict and Strait of Hormuz closure
H1 F27 costs: Ex-fuel CASK flat to up low single digit
Q2 RASK: Now flat YoY, from down low single digits previously
FY27 guidance: None given at 17 September Capital Markets Day
H2 capacity: Trimmed 5% from original plan on geopolitical and fuel volatility
F30 targets: Revenue €10bn, ex-fuel CASK €3.00 cents, 10% EBIT margin, investment grade balance sheet
F30 fleet: All-neo fleet of 335 aircraft, 127 million passengers

From the company's own announcements. Not investment advice.

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