Lufthansa stock rises as record revenue offsets higher fuel costs

Deutsche Lufthansa AG reported a stronger third quarter on Tuesday, November 3, 2026, as record revenue and disciplined cost control more than offset higher fuel expenses, according to the Lufthansa Group newsroom. Revenue rose 9 percent year over year to 12.2 billion euros, the strongest quarterly result in the group's history.

Lufthansa stock traded at 8.06 euros on Lang & Schwarz at 17:05 CET on Wednesday, November 4, 2026, 3.87 percent above the Xetra close of Tuesday, November 3. Since the previous report on the same day, the quote increased from 7.98 euros at 12:01 CET to 8.06 euros, a gain of 1.00 percent based on the unrounded calculation; this is separate from the Xetra daily comparison.

Fuel costs reshape the outlook

Adjusted EBIT increased 6 percent to 1.4 billion euros from 1.3 billion euros a year earlier, despite a 543 million euro increase in fuel costs. Net income rose to 1.3 billion euros from 966 million euros, while the adjusted EBIT margin slipped to 11.5 percent from 11.9 percent.

The earnings mix was important for investors. Lufthansa Cargo tripled Adjusted EBIT to 162 million euros, while Lufthansa Technik increased Adjusted EBIT by 54 percent to 200 million euros. Network airlines generated 853 million euros of Adjusted EBIT, 108 million euros below the prior-year result, with Lufthansa Airlines also carrying about 65 million euros of strike-related costs from the first half.

The group now expects a full-year fuel bill of 9.3 billion euros and an Adjusted EBIT range of 1.7 billion to 2.0 billion euros. The final result will depend particularly on fuel costs, demand and Lufthansa Cargo's fourth-quarter performance.

The real-time quote of Lufthansa stock remains relevant as investors assess the narrower outlook and the recovery of the core brand.

The DAX market environment remains relevant for German large- and mid-cap shares; see current DAX market coverage.

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