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Republic Airways Holdings (RJET) Q2 2026 earnings results (second quarter 2026)

10-Q filed Jul 31, 2026

Republic Airways Holdings (RJET) reported revenue of $571M for the second quarter 2026 (Q2 2026), +41% from a year earlier and +8% from the quarter before. Operating margin was 10.3%, net earnings $31.2M (5.5% of revenue).

Revenue$571M
Year over year+41%
Quarter over quarter+8%
Operating margin10.3%
Net earnings$31.2M

Republic Airways Holdings, Q2 2026: revenue $571M (+41% year over year), operating margin 10.3%, net earnings $31.2M, operating cash flow $49.3M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$571M+8%+41%
Operating profit$58.7M+8%+8%
Net earnings$31.2M+16%-17%
Operating cash flow$49.3M-15%—
Free cash flow$28.8M——

What changed

Revenue was $571.1M in Q2 2026, up 41% year over year and up 8% from the previous quarter.

Operating profit was $58.7M, a 10.3% margin (down 3.1 points year over year). Of the extra revenue versus Q2 2025, 3% reached operating profit, below the 13% margin then. Total costs grew 46% against revenue growth of 41%. Net earnings were $31.2M, down 17% year over year. The effective tax rate was 28.1%.

Operating cash flow was $49.3M, 158% of net earnings. Non-cash charges added back $35.2M of depreciation and amortization. Working capital and other items used $17.1M. Capital expenditures of $20.5M left free cash flow of $28.8M.

Questions

What was Republic Airways Holdings' revenue in the second quarter 2026?

Republic Airways Holdings (RJET) reported revenue of $571M for the second quarter 2026 (Q2 2026), +41% from a year earlier and +8% from the quarter before.

Was Republic Airways Holdings profitable in the second quarter 2026?

Operating profit was $58.7M (10.3% of revenue) and net earnings $31.2M.

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Source: Republic Airways Holdings 10-Q on SEC EDGAR.