Filing Flows › Republic Airways Holdings (RJET) › Q1 2026
Republic Airways Holdings (RJET) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 1, 2026
Republic Airways Holdings (RJET) reported revenue of $527M for the first quarter 2026 (Q1 2026), +34% from a year earlier and +14% from the quarter before. Operating margin was 10.3%, net earnings $26.9M (5.1% of revenue).
Republic Airways Holdings, Q1 2026: revenue $527M (+34% year over year), operating margin 10.3%, net earnings $26.9M, operating cash flow $57.8M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $527M | +14% | +34% |
| Operating profit | $54.2M | -77% | +2% |
| Net earnings | $26.9M | -79% | -0.7% |
| Operating cash flow | $57.8M | -84% | +7% |
What changed
Revenue was $527.4M in Q1 2026, up 34% year over year and up 14% from the previous quarter.
Operating profit was $54.2M, a 10.3% margin (down 3.1 points year over year). Of the extra revenue versus Q1 2025, 1% reached operating profit, below the 13% margin then. Total costs grew 38% against revenue growth of 34%. Net earnings were $26.9M, down 1% year over year. The effective tax rate was 28.5%.
Operating cash flow was $57.8M (up 7% year over year), 215% of net earnings. Non-cash charges added back $34.5M of depreciation and amortization. Working capital and other items used $3.6M. Capital expenditures of $93.1M exceeded it, leaving free cash flow of −$35.3M.
Questions
What was Republic Airways Holdings' revenue in the first quarter 2026?
Republic Airways Holdings (RJET) reported revenue of $527M for the first quarter 2026 (Q1 2026), +34% from a year earlier and +14% from the quarter before.
Was Republic Airways Holdings profitable in the first quarter 2026?
Operating profit was $54.2M (10.3% of revenue) and net earnings $26.9M.