Filing Flows › Jet.AI (JTAI) › Q1 2026
Jet.AI (JTAI) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 14, 2026
Jet.AI (JTAI) reported revenue of $1.7M for the first quarter 2026 (Q1 2026), -52% from a year earlier and -5% from the quarter before. Operating margin was -170.4%, net loss $2.7M (159.5% of revenue).
Jet.AI, Q1 2026: revenue $1.7M (-52% year over year), operating margin -170.4%, net loss $2.7M, operating cash flow −$3.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.7M | -5% | -52% |
| Operating profit | −$2.9M | — | — |
| Net earnings | −$2.7M | -122% | — |
| Operating cash flow | −$3.0M | -539% | — |
What changed
Revenue was $1.7M in Q1 2026, down 52% year over year and down 5% from the previous quarter. Software App and Cirrcus Charter was the largest line at 57% of revenue. Software App and Cirrcus Charter lost $889K year over year (down 48%), 50% of the total change.
Operating costs exceeded revenue by $2.9M, an operating margin of -170.4%. Total costs fell 32% while revenue fell 52%. The quarter ended with a net loss of $2.7M, after a profit of $12.1M the previous quarter.
Operating cash flow was −$3.0M. Non-cash charges added back $1K of depreciation and amortization and $64K of share-based compensation. Working capital and other items used $423K.
Questions
What was Jet.AI's revenue in the first quarter 2026?
Jet.AI (JTAI) reported revenue of $1.7M for the first quarter 2026 (Q1 2026), -52% from a year earlier and -5% from the quarter before.
Was Jet.AI profitable in the first quarter 2026?
Operating loss was $2.9M (-170.4% of revenue) and net loss $2.7M.
Source: Jet.AI 10-Q on SEC EDGAR.