Malta International Airport plc turned a net profit of €50.6 million in the first nine months of 2026, 22.4% higher than the €41.4 million it reported for the same stretch last year. The airport operator published the figures on 12th November 2026, covering the January to September period.
Revenue reached €136.5 million, up 15.1% from €118.5 million a year earlier. MIA tied the growth to passenger traffic, which climbed 14.5% to 8.75 million movements between January and September. Volumes topped one million every month through the second and third quarters. October added another 1,049,778 movements, helped by a 6.6% rise in aircraft movements, with the UK the leading market on a 21% share, ahead of Italy, Poland, Germany and France.
Third-quarter revenue came in at €54.0 million, 15.7% above the €46.6 million earned in the same quarter of 2025. Profit before tax for the quarter stood at €30.5 million, 17.1% higher year on year.
Operating costs excluding depreciation rose 10% to €46.8 million as the busier airport pushed staff costs up 5.9% and other operating expenses up 10.9%. EBITDA still rose 18% to €89.7 million, lifting the EBITDA margin to 65.7% from 64.1%. The depreciation charge increased by 26.8% to €14.6 million. Operating profit rose 16.4% to €75.0 million and the EBIT margin edged up to 55.0% from 54.4%.
Investment income fell to €0.22 million from €0.92 million, while finance costs held at €1.64 million. Profit before tax grew 15.5% to €73.8 million and after a tax charge of €23.2 million the company landed its €50.6 million bottom line.
By 30th September, total assets had grown 8.8% to €405 million, including property, plant and equipment of €285 million, investment property of €57.5 million and cash of €9.30 million. Total liabilities rose 6.8% to €144 million. Equity strengthened 9.9% to €262 million.
Capital expenditure for the nine months came to €41.9 million, with the eastwards expansion of the terminal and the ongoing construction of SkyParks Business Centre 2 among the largest spends.
MIA said the results leave it on course to meet the 2026 targets in its guidance of 30th July 2026: passenger movements of 11.2 million, up 11.3% on 2025; revenue of €170 million, up 8.3%; EBITDA of €105 million, up 10.5%; net profit of €62 million, up 24.5% and capital investments of €85 million.