Filing Flows › Republic Airways Holdings (RJET) › Q2 2025
Republic Airways Holdings (RJET) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 13, 2025
Republic Airways Holdings (RJET) reported revenue of $406M for the second quarter 2025 (Q2 2025), +266% from a year earlier and +3% from the quarter before. Operating margin was 13.4%, net earnings $20.9M (5.1% of revenue).
Republic Airways Holdings, Q2 2025: revenue $406M (+266% year over year), operating margin 13.4%, net earnings $20.9M, operating cash flow −$9.4M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $406M | +3% | +266% |
| Operating profit | $54.4M | — | — |
| Net earnings | $20.9M | — | — |
| Operating cash flow | −$9.4M | -117% | — |
What changed
Revenue was $405.6M in Q2 2025, up 266% year over year and up 3% from the previous quarter.
Operating profit was $54.4M, a 13.4% margin (up 21.6 points year over year). Total costs grew 193% against revenue growth of 266%. The fastest-growing cost line was Other operating costs (+208%). Net earnings were $20.9M. The effective tax rate was -1.2%.
Operating cash flow was −$9.4M. Non-cash charges added back $30.9M of depreciation and amortization and $268K of share-based compensation. Working capital and other items used $61.4M. Capital expenditures of $147.4M exceeded it, leaving free cash flow of −$156.8M.
Questions
What was Republic Airways Holdings' revenue in the second quarter 2025?
Republic Airways Holdings (RJET) reported revenue of $406M for the second quarter 2025 (Q2 2025), +266% from a year earlier and +3% from the quarter before.
Was Republic Airways Holdings profitable in the second quarter 2025?
Operating profit was $54.4M (13.4% of revenue) and net earnings $20.9M.