Filing Flows › Global Crossing Airlines Group (JETMF) › Q3 2025
Global Crossing Airlines Group (JETMF) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 6, 2025
Global Crossing Airlines Group (JETMF) reported revenue of $58.0M for the third quarter 2025 (Q3 2025), +11% from a year earlier and -5% from the quarter before. Operating margin was 1.8%, net loss $2.0M (3.4% of revenue).
Global Crossing Airlines Group, Q3 2025: revenue $58.0M (+11% year over year), operating margin 1.8%, net loss $2.0M, operating cash flow $597K. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $58.0M | -5% | +11% |
| Operating profit | $1.0M | -68% | — |
| Net earnings | −$2.0M | -422% | — |
| Operating cash flow | $597K | -93% | — |
What changed
Revenue was $58.0M in Q3 2025, up 11% year over year and down 5% from the previous quarter. ACMI was the largest line at 92% of revenue. ACMI added $16.4M year over year (up 44%), 293% of the total change. Charter declined 85%.
Operating profit was $1.0M, a 1.8% margin (up 6.6 points year over year). Total costs grew 4% against revenue growth of 11%. The quarter ended with a net loss of $2.0M, after a profit of $617K the previous quarter. Net interest and other expense of $3.0M was the main reason.
Operating cash flow was $597K. Non-cash charges added back $3.2M of depreciation and $800K of share-based compensation. Working capital and other items used $1.5M. Capital expenditures of $4.6M exceeded it, leaving free cash flow of −$4.0M.
Questions
What was Global Crossing Airlines Group's revenue in the third quarter 2025?
Global Crossing Airlines Group (JETMF) reported revenue of $58.0M for the third quarter 2025 (Q3 2025), +11% from a year earlier and -5% from the quarter before.
Was Global Crossing Airlines Group profitable in the third quarter 2025?
Operating profit was $1.0M (1.8% of revenue) and net loss $2.0M.