GlobalX reports Q2 GAAP net income $0.6M, revenue $61.4M (+7% YoY), record block hours 8,065

Global Crossing Airlines Group Inc.

2025-Q2 EPS reported $0.01 revenue$127,982,000

GAAP net income $0.6M ($0.01 EPS) vs $0.3M in Q2 2024; net income doubled.
Revenue $61.4M, up 7% YoY from $57.5M; EBITDAR $19.8M (+6%), EBITDA $5.9M (+48%).
Record block hours 8,065 (+13% YoY); ACMI flights comprised 84% of block hours.
Average aircraft available 17.1 vs 14.4 a year ago; utilization 471 hours per aircraft.
Management cites improved profitability, cash flow, and consistent execution.

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