Filing Flows

Filing Flows › Companies › Global Crossing Airlines Group › Cash flow

Global Crossing Airlines Group cash flow, quarter by quarter

Latest: Q3 2026 · from the cash-flow statements filed with the SEC

Free cash flow$7.7M in Q3 2026 · $25.9M over twelve months

Operating cash flow$9.0M
Capital spending−$1.3M
Free cash flow+$7.7M
Cash / net income40.0×

Analysis

In Q3 2026, Global Crossing Airlines Group generated $9.0M of operating cash flow and spent $1.3M on capital projects, leaving free cash flow of $7.7M. That is $11.7M more than in Q3 2025 (−$4.0M).

Over the twelve months to Sep 30, 2026, operating cash flow was $35.0M; the largest uses were net borrowing (+) / repaid (−) ($13.1M), capital spending ($9.1M), other investing ($5.9M); besides operations, cash came from shares issued ($286K); the cash balance rose by $7.1M.

Operating cash flow was $9.0M against net income of $226K — 40.0× profit, cash ran ahead of reported earnings. The largest differences: depreciation & amortization +$6.4M, other liabilities −$2.7M, receivables −$2.5M.

Free cash flow

Global Crossing Airlines Group: free cash flow by quarterGlobal Crossing Airlines Group: free cash flow by quarter$8.1MQ4 2024−$2.6MQ1 2025$6.1MQ2 2025−$4.0MQ3 2025$17.0MQ4 2025$5.3MQ1 2026−$4.1MQ2 2026$7.7MQ3 2026
Operating cash flow less capital spending.
Global Crossing Airlines Group: operating cash flow against capital spendingGlobal Crossing Airlines Group: operating cash flow against capital spendingOperating cash flowCapital spending$10.3M$2.2MQ4 2024$106K$2.7MQ1 2025$8.8M$2.7MQ2 2025$597K$4.6MQ3 2025$18.6M$1.6MQ4 2025$9.0M$3.7MQ1 2026−$1.6M$2.5MQ2 2026$9.0M$1.3MQ3 2026
Latest (Q3 2026): Operating cash flow $9.0M, Capital spending $1.3M.

Capital allocation, year by year

Global Crossing Airlines Group: where the cash came from (up) and went (down), by fiscal yearGlobal Crossing Airlines Group: where the cash came from (up) and went (down), by fiscal yearOperating cash flowNet borrowingShares issuedCapital spendingDividendsFY2021: Operating cash flow −$10.8MFY2021: Shares issued $19.0MFY2021: Capital spending −$653K$19.0MFY2021FY2022: Operating cash flow −$6.8MFY2022: Net borrowing $5.4MFY2022: Shares issued $802KFY2022: Capital spending −$1.9M$6.2MFY2022FY2023: Operating cash flow −$1.4MFY2023: Net borrowing $24.9MFY2023: Shares issued $1.9MFY2023: Capital spending −$4.0M$26.8MFY2023FY2024: Operating cash flow $8.1MFY2024: Net borrowing −$1.8MFY2024: Shares issued $329KFY2024: Capital spending −$7.2MFY2024: Dividends −$225K$8.4MFY2024FY2025: Operating cash flow $28.1MFY2025: Net borrowing −$7.0MFY2025: Shares issued $327KFY2025: Capital spending −$11.6MFY2025: Dividends −$468K$28.4MFY2025
Over these 5 years operating cash flow totalled $17.1M; the largest uses were capital spending ($25.4M) and operating cash flow ($19.0M). Cash-flow statements as filed.

Cash runway and the debt wall

Cash & investments$13.3M
Debtnone
Net cash$13.3M

Global Crossing Airlines Group funds itself: free cash flow was $25.9M over the last twelve months, with $13.3M of cash and investments and no debt on the balance sheet.

Where the cash came from and went

Global Crossing Airlines Group: sources (+) and uses (−) of cash, Q3 2026Global Crossing Airlines Group: sources (+) and uses (−) of cash, Q3 2026Operating cash flow$9.0MNet borrowing (+) / repaid (−)−$4.1MCash drawn (+) / kept (−)−$2.4MCapital spending−$1.3MOther investing−$1.2MShares issued$24K
Global Crossing Airlines Group: sources (+) and uses (−) of cash, TTM to Q3 2026Global Crossing Airlines Group: sources (+) and uses (−) of cash, TTM to Q3 2026Operating cash flow$35.0MNet borrowing (+) / repaid (−)−$13.1MCapital spending−$9.1MCash drawn (+) / kept (−)−$7.1MOther investing−$5.9MShares issued$286KOther financing−$180K

From profit to cash

Global Crossing Airlines Group: net income to operating cash flow, Q3 2026Global Crossing Airlines Group: net income to operating cash flow, Q3 2026Net income$226KDepreciation & amortization$6.4MStock-based pay$39KReceivables−$2.5MPayables$1.7MPrepaid and other assets$225KOther liabilities−$2.7MOperating cash flow$9.0M
Non-cash charges are added back; money tied up in receivables or inventory is subtracted.

Every quarter

QuarterOperating cash flowCapital spendingDividendsNet borrowing (+) / repaid (−)Shares issuedCash drawn (+) / kept (−)Free cash flow
Q3 2026$9.0M−$1.3M—−$4.1M$24K−$2.4M$7.7M
Q2 2026−$1.6M−$2.5M—−$2.9M—$8.1M−$4.1M
Q1 2026$9.0M−$3.7M—−$3.5M—$523K$5.3M
Q4 2025$18.6M−$1.6M−$120K−$2.6M$120K−$13.3M$17.0M
Q3 2025$597K−$4.6M−$200K−$1.4M—$6.9M−$4.0M
Q2 2025$8.8M−$2.7M—−$1.3M$192K−$3.9M$6.1M
Q1 2025$106K−$2.7M—−$1.1M$15K$3.8M−$2.6M
Q4 2024$10.3M−$2.2M−$125K−$388K$141K−$6.2M$8.1M

Global Crossing Airlines Group: income statement and cash flow

Global Crossing Airlines Group, Q3 2026: revenue $71.8M (+24% year over year), operating margin 5.6%. The chart follows the revenue to costs, profit and cash.

Global Crossing Airlines Group: every quarter, Q/Q and Y/Y → Open in the app

Read automatically from the company’s XBRL cash-flow statements; quarterly figures for the fourth quarter are the year less the first three. Errors are possible. Not investment advice.