C6L.SI Stock Today, February 26: Q3 Beat, Record Revenue vs Fuel Drag
Singapore Airlines Q3 profit is back in focus after a strong operating beat and record revenue. Shares of C6L.SI traded higher today at S$7.17 as investors weighed firm demand against rising fuel. Operating profit rose 25.9% year on year to S$792 million on S$5.5 billion revenue, while net profit fell to S$505 million due to last year’s one-off Vistara gain and higher fuel. We break down what the results mean for Singapore investors and how Singapore Airlines Q3 profit shapes the outlook.
Q3 beat: record revenue, but net profit hit by one-offs
Singapore Airlines Q3 profit strength showed in operations. Revenue hit a record S$5.5 billion, and operating profit rose 25.9% year on year to S$792 million as premium demand and robust regional traffic supported yields. Multiple broker notes flagged “early pricing recovery” and steady load factors after the December peak, echoing local reports that SIA’s Q3 results beat street consensus SIA’s Q3 financials beat.
Net profit dropped 69% to S$505 million, largely because last year included a one-off gain tied to the Air India Vistara merger. Higher fuel also trimmed margins, even as demand stayed firm. Management commentary and local media noted these base effects while pointing to early yield support, which keeps Singapore Airlines Q3 profit relevant for near-term pricing trends CNA report.
Share price, valuation and rating snapshot
The Singapore Airlines share price traded at S$7.17 today, up 3.02%, within a S$6.95 to S$7.19 range. The 52-week range is S$5.90 to S$7.63, with a market cap near S$21.97 billion. On valuation, the stock trades at a 9.9x P/E, 1.10x price-to-sales, and 1.34x price-to-book, with a 5.41% TTM dividend yield. These metrics reflect solid cash returns alongside cyclical exposure.
SIA Q3 results were released on 24 Feb 2026. Our system shows a Company Rating of B+ with a Neutral recommendation, while the Stock Grade scores 74.58 (B+) with a Buy suggestion. Singapore Airlines Q3 profit supports the bull case on yields, but fuel and losses at Air India affiliates remain swing variables that can shift sentiment and earnings quality.
What to watch next: demand, yields and costs
Early signs of pricing recovery and firm load factors should anchor yields into shoulder months. We will track premium cabins on key Singapore–Europe and Singapore–North Asia routes, Scoot’s leisure rebound, and corporate travel traction from Singapore-based multinationals. Singapore Airlines Q3 profit suggests yield resilience, but capacity additions across Asia can cap fare upside, so monitoring competitive pricing will be crucial.
Jet fuel remains the key cost wildcard. Hedging helps, but price spikes can compress margins quickly. The Air India Vistara merger removed a one-off profit tailwind, and ongoing Air India group losses could affect associates’ contributions. For investors, Singapore Airlines Q3 profit is constructive, yet sustained delivery depends on managing fuel volatility and limiting downside from partner airline losses.
Technical setup: strong trend, overbought
Momentum is strong but looks stretched. RSI is 77.74 and MFI is 87.01, both overbought, while ADX at 40.74 signals a strong trend. MACD is positive and breadth is supported by heavy volume at 23,426,400 versus a 5,238,634 average. ROC at 10.53% confirms upside push. Singapore Airlines Q3 profit news likely reinforced buyers, but risk controls are prudent here.
Price sits near the Bollinger upper band at S$7.19. The middle band at S$6.70 and Keltner middle at S$6.76 are first pullback zones, with deeper support near S$6.57 and S$6.20. Immediate resistance is S$7.19, then the 52-week high at S$7.63. If price consolidates above S$7.00, Singapore Airlines Q3 profit momentum may extend on dips.
Final Thoughts
Singapore Airlines Q3 profit showed solid operational strength on record revenue, even as net profit fell on a tough base and higher fuel. For Singapore investors, the setup is balanced: yields look supported by steady load factors and early pricing recovery, but fuel and Air India-related losses can swing earnings. The Singapore Airlines share price is trending higher with overbought signals, so entries on pullbacks to S$6.70–S$6.76 offer better risk control. Valuation at 9.9x P/E and a 5.41% dividend yield remains reasonable for a flag carrier with strong brand equity. Track fuel moves, premium cabin demand, and any updates around the Air India Vistara merger effects to gauge sustainability of gains.
FAQs
Why did Singapore Airlines Q3 profit rise but net profit fall?
Operations improved with record S$5.5 billion revenue and a 25.9% jump in operating profit to S$792 million. Net profit fell 69% to S$505 million because last year included a one-off gain linked to the Air India Vistara merger, while higher fuel costs also weighed on margins.
How did SIA Q3 results affect the Singapore Airlines share price?
The Singapore Airlines share price traded up 3.02% to S$7.17, near the Bollinger upper band at S$7.19. Heavy volume signaled strong interest after SIA Q3 results. With RSI at 77.74, the stock looks overbought, so consolidation or a pullback toward S$6.70–S$6.76 would not be unusual.
What does the Air India Vistara merger mean for SIA now?
Last year’s one-off gain from the Air India Vistara merger flattered the base, making this quarter’s net profit look weaker. Going forward, investors should watch Air India group losses and integration updates, as these can affect associates’ contributions and sentiment toward Singapore Airlines’ earnings quality.
Is C6L.SI attractive on valuation after the Q3 print?
At a 9.9x P/E, 1.34x price-to-book, and a 5.41% dividend yield, valuation appears reasonable for a premium carrier. Singapore Airlines Q3 profit supports the case for steady yields, but fuel volatility and Air India-related losses argue for staggered entries, ideally on pullbacks toward S$6.70–S$6.76.
Disclaimer:
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.