Airtel Africa annual operating margin
2021
2022
2023
2024
2025
2026
Airtel Africa Operating Margin Growth & History (AAF)
Airtel Africa's operating margin was 32.97% for fiscal 2026.
View full Airtel Africa company overviewAirtel Africa annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2026 | 2026-03-31 | 32.97% | +3.56 pp |
| 2025 | 2025-03-31 | 29.40% | −3.53 pp |
| 2024 | 2024-03-31 | 32.94% | −0.50 pp |
| 2023 | 2023-03-31 | 33.43% | +0.87 pp |
| 2022 | 2022-03-31 | 32.56% | +3.93 pp |
| 2021 | 2021-03-31 | 28.63% | — |
Airtel Africa quarterly operating margin
Q3.25
Q4.25
Q1.26
Q3.26
Q4.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q4 2026 | 2026-03-31 | 33.81% | +5.26 pp |
| Q3 2026 | 2025-12-31 | 33.89% | +4.16 pp |
| Q1 2026 | 2025-06-30 | 31.66% | — |
| Q4 2025 | 2025-03-31 | 28.55% | — |
| Q3 2025 | 2024-12-31 | 29.73% | — |
Airtel Africa operating margin trends
Over the last five fiscal years, Airtel Africa's operating margin increased from 28.63% to 32.97%, a change of +4.34 percentage points. The latest reported quarter, Q4 2026, shows 33.81%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as reported operating income divided by reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Airtel Africa source filings ↗Community posts
Airtel Africa grows half-year earnings while doubling network investment
Airtel Africa ($AAF) reported revenue of $3.823 billion for the first half of fiscal 2026/27, up 28.2% as reported and 20.8% at constant currencies. Underlying EBITDA increased 32.8% to $1.921 billion, with the margin reaching 50.3%. Custom ...
