Global Crossing Airlines Q1 net income $2.7M (up 14x YoY); revenue $76.6M (+15%)

Global Crossing Airlines Group Inc.

2026-Q1 EPS reported $0.04 revenue$76,566,000

Revenue $76.6M (+15% YoY), net income $2.7M (14x increase), EBITDAR $24.2M (+17%).
Average aircraft utilization 552 hours/aircraft (+25%); total block hours 8,315 (+10%).
ACMI block hours 74% of total (vs 68% PY); net aircraft available 14.9 (down 11% YoY).
Management targets financial sustainability by year-end; broad demand from sports, media, concerts.

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Global Crossing Airlines Group Inc. reported for the first quarter ended March 31, 2026 results: revenue $76.6 Million, net income $2.7 Million, EPS $0.04 per share.

Period: for the first quarter ended March 31, 2026
Revenue: $76.6 Million
Net income: $2.7 Million
EPS: $0.04 per share
Result: reported results

Exact text from the filing

Global Crossing Airlines Reports First Quarter 2026 Financial Results Strong Aircraft Utilization and Block Hour Growth Drive 15% Year-Over-Year Increase in Revenue to $76.6 Million Increased GAAP Net Income 14x Year-Over-Year to $2.7 Million or $0.04 per Share and EBITDAR by 17% Year-Over-Year to $24.2 Million

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Source: SEC EDGAR

accession 0001193125-26-219032

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