Filing Flows › Global Crossing Airlines Group (JETMF) › Q4 2025
Global Crossing Airlines Group (JETMF) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 5, 2026
Global Crossing Airlines Group (JETMF) reported revenue of $60.3M for the fourth quarter 2025 (Q4 2025), +0.7% from a year earlier and +4% from the quarter before. Operating margin was 2.5%, net loss $1.8M (3.0% of revenue).
Global Crossing Airlines Group, Q4 2025: revenue $60.3M (+0.7% year over year), operating margin 2.5%, net loss $1.8M, operating cash flow $18.6M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $60.3M | +4% | +0.7% |
| Operating profit | $1.5M | +43% | — |
| Net earnings | −$1.8M | — | — |
| Operating cash flow | $18.6M | 31× | +80% |
| Free cash flow | $17.0M | — | +110% |
What changed
Revenue was $60.3M in Q4 2025, up 1% year over year and up 4% from the previous quarter. ACMI was the largest line at 72% of revenue.
Operating profit was $1.5M, a 2.5% margin (down 3.3 points year over year). Operating profit fell $2.0M even though revenue rose $408K versus a year earlier, so costs grew faster than sales. Total costs grew 4% against revenue growth of 1%. The quarter ended with a net loss of $1.8M, narrower than the previous quarter's $2.0M loss. Net interest and other expense of $3.3M was the main reason.
Operating cash flow was $18.6M (up 80% year over year). Non-cash charges added back $3.9M of depreciation and $573K of share-based compensation. Working capital and other items added $15.9M. Capital expenditures of $1.6M left free cash flow of $17.0M.
Questions
What was Global Crossing Airlines Group's revenue in the fourth quarter 2025?
Global Crossing Airlines Group (JETMF) reported revenue of $60.3M for the fourth quarter 2025 (Q4 2025), +0.7% from a year earlier and +4% from the quarter before.
Was Global Crossing Airlines Group profitable in the fourth quarter 2025?
Operating profit was $1.5M (2.5% of revenue) and net loss $1.8M.