Filing Flows › Global Crossing Airlines Group (JETMF) › Q3 2026
Global Crossing Airlines Group (JETMF) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Global Crossing Airlines Group (JETMF) reported revenue of $71.8M for the third quarter 2026 (Q3 2026), +24% from a year earlier and +16% from the quarter before. Operating margin was 5.6%, net earnings $226K (0.3% of revenue).
Global Crossing Airlines Group, Q3 2026: revenue $71.8M (+24% year over year), operating margin 5.6%, net earnings $226K, operating cash flow $9.0M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $71.8M | +16% | +24% |
| Operating profit | $4.0M | +195% | +291% |
| Net earnings | $226K | — | — |
| Operating cash flow | $9.0M | — | 15× |
| Free cash flow | $7.7M | — | — |
What changed
Revenue was $71.8M in Q3 2026, up 24% year over year and up 16% from the previous quarter. ACMI was the largest line at 77% of revenue. Charter added $11.2M year over year (up 483%), 81% of the total change.
Operating profit was $4.0M, a 5.6% margin (up 3.8 points year over year). Of the extra revenue versus Q3 2025, 22% reached operating profit, above the 2% margin then. Total costs grew 19% against revenue growth of 24%. Net earnings were $238K. The effective tax rate was 0.0%.
Operating cash flow was $9.0M (up 1413% year over year), 3996% of net income including minority interests. Non-cash charges added back $6.4M of depreciation and amortization and $39K of share-based compensation. Working capital and other items added $2.4M. Capital expenditures of $1.3M left free cash flow of $7.7M.
Questions
What was Global Crossing Airlines Group's revenue in the third quarter 2026?
Global Crossing Airlines Group (JETMF) reported revenue of $71.8M for the third quarter 2026 (Q3 2026), +24% from a year earlier and +16% from the quarter before.
Was Global Crossing Airlines Group profitable in the third quarter 2026?
Operating profit was $4.0M (5.6% of revenue) and net earnings $226K.