The earnings call highlighted significant revenue growth and improved profitability, with strong performance in the ACMI business and record block hours flown, indicating a positive operational outlook. However, challenges such as a decline in charter revenue, a soft freight market, and increased operating expenses were noted. Overall, the highlights slightly outweigh the lowlights, indicating a cautiously optimistic sentiment.

Company Guidance

During the second quarter of 2025, Global Crossing Airlines reported strong financial performance with a 7% year-over-year revenue increase to $61.4 million. This growth was driven by a record 8,065 block hours flown and an expansion in the aircraft fleet, enhancing their capacity to meet rising demand. The company achieved a significant 40% increase in ACMI revenue, which now comprises 73% of total revenue, compared to 55% in the same period the previous year. They also improved their cash flow from operating activities to $8.8 million, up from $0.9 million, and net income increased to $0.6 million. The introduction of a hybrid ownership model through the acquisition and leasing of aircraft is expected to support future growth. Additionally, Global Crossing successfully launched a trial ACMI contract with DHL, which has been extended, reflecting confidence in their services. The company aims to continue its focus on operational excellence and disciplined growth, setting the stage for scaling up in 2026.

Revenue Growth and Improved Profitability

Revenue increased 7% year-over-year to $61.4 million, driven by higher block hours flown, aircraft fleet expansion, and increased ACMI business. Net income improved to $0.6 million compared to $0.3 million.

Strong Performance in ACMI Business

ACMI revenue increased 40% year-over-year to $44.5 million, now accounting for 73% of total revenue compared to 55% in the prior year quarter.

Record Block Hours Flown

The company flew a record 8,065 block hours, a 13% increase over the prior year's quarter, highlighting strong market demand and operational efficiency.

Positive Cash Flow and Liquidity

Cash flow provided by operating activities increased to $8.8 million from $0.9 million. Ended the quarter with $14.1 million in cash and restricted cash.

Strategic Fleet Expansion

Expanded fleet with acquisition of Airbus A320 and lease agreements for 4 Airbus A319 aircraft, enhancing operational capacity by over 20%.

Global Crossing Airlines (JETMF) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

JETMF Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 05, 2025	2025 (Q3)	0.01 / -	-0.08	―	―	―
Aug 13, 2025	2025 (Q2)	-0.01 / 0.01	0	―	―
May 07, 2025	2025 (Q1)	0.00 / 0.00	-0.109	―	―
Mar 05, 2025	2024 (Q4)	-0.02 / 0.02	-0.043	146.67% (+0.06)	―
Nov 06, 2024	2024 (Q3)	0.01 / -0.08	-0.082	2.63% (<+0.01)	―
Aug 13, 2024	2024 (Q2)	-0.06 / 0.00	-0.127	―	―
May 07, 2024	2024 (Q1)	- / -0.11	-0.109	0.00% (0.00)	―
Mar 06, 2024	2023 (Q4)	- / -0.04	-0.082	47.37% (+0.04)
Nov 08, 2023	2023 (Q3)	- / -0.08	0.003	-2950.00% (-0.09)
Aug 09, 2023	2023 (Q2)	- / -0.13	-0.121	-4.76% (>-0.01)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

JETMF Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 13, 2025	$0.58	$0.58	0.00%
May 07, 2025	$0.61	$0.61	0.00%
Mar 05, 2025	$0.71	$0.62	-12.68%
Nov 06, 2024	$0.64	$0.56	-12.50%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Global Crossing Airlines (JETMF) report earnings?

Global Crossing Airlines (JETMF) is schdueled to report earning on Nov 05, 2025, During Market Hours (Confirmed).

What is Global Crossing Airlines (JETMF) earnings time?

Global Crossing Airlines (JETMF) earnings time is at Nov 05, 2025, During Market Hours (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is JETMF EPS forecast?

JETMF EPS forecast for the fiscal quarter 2025 (Q3) is 0.01.

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