Global Crossing Airlines (JETMF) Net Margin (2021 - 2026)
Global Crossing Airlines' (JETMF) quarterly Net Margin came in at 3.9% in Q2 2026, down 491.0% year-over-year from 1.0% in Q2 2025, and down 205.95% quarter-over-quarter from 3.68% in Q1 2026.
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Global Crossing Airlines (JETMF) Net Margin (2021 - 2026) Analysis & Trends
Global Crossing Airlines (JETMF) has reported Net Margin for 6 consecutive years, with 3.9% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Net Margin fell 491.0% year-over-year to 3.9% in Q2 2026; TTM through Jun 2026 was 1.09%, a 10.0% increase from a year earlier, with the FY2025 full-year figure at 0.83%, up 367.0% from the prior year.
- Net Margin was 3.9% for Q2 2026 at Global Crossing Airlines, down from 3.68% in the prior quarter.
- Over five years, Net Margin peaked at 3.68% in Q1 2026 and troughed at 38.79% in Q2 2022.
- A 5-year average of 9.03% and a median of 4.13% in 2023 frame the typical range for Net Margin.
- Across the five-year window, Net Margin jumped 16902 bps in 2022 and plunged 1203 bps in 2023, its largest moves.
- Over 5 years, Net Margin stood at 13.66% in 2022, then jumped by 68 bps to 4.35% in 2023, then soared by 134 bps to 1.5% in 2024, then sank by 237 bps to 2.06% in 2025, then tumbled by 90 bps to 3.9% in 2026.
- The last three Net Margin figures came in at 3.9% (Q2 2026), 3.68% (Q1 2026), and 2.06% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 51.79 Bn | 47.12 Bn | 19.07 Bn | 8.12% |
| 2 | Ryanair Holdings | 28.72 Bn | 24.79 Bn | - | 12.26% |
| 3 | Southwest Airlines | 19.00 Bn | 15.21 Bn | 7.33 Bn | 2.76% |
| 4 | Copa Holdings | 5.37 Bn | 4.11 Bn | 1.03 Bn | 8.16% |
| 5 | Alaska Air | 4.55 Bn | 1.88 Bn | 3.76 Bn | -1.87% |
| 6 | Skywest | 3.76 Bn | 3.16 Bn | 1.01 Bn | 9.13% |
| 7 | Grupo Aeromexico, S.A.B. de C.V | 2.27 Bn | 1.24 Bn | - | -3.92% |
| 8 | Allegiant Travel | 1.74 Bn | 689.68 Mn | 902.77 Mn | -0.51% |
| 9 | Jetblue Airways | 1.70 Bn | -322.81 Mn | 2.32 Bn | -9.16% |
| 10 | Global Crossing Airlines | 40.13 Mn | 28.25 Mn | - | -3.90% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -3.90% |
| Mar 31, 2026 | 3.68% |
| Dec 31, 2025 | -2.06% |
| Sep 30, 2025 | -3.37% |
| Jun 30, 2025 | 1.01% |
| Mar 31, 2025 | 0.79% |
| Dec 31, 2024 | 1.50% |
| Sep 30, 2024 | -9.32% |
| Jun 30, 2024 | 0.50% |
| Mar 31, 2024 | -11.85% |
| Dec 31, 2023 | -4.35% |
| Sep 30, 2023 | -11.50% |
| Jun 30, 2023 | -23.74% |
| Mar 31, 2023 | -18.89% |
| Dec 31, 2022 | -13.66% |
| Sep 30, 2022 | 0.53% |
| Jun 30, 2022 | -38.79% |
| Mar 31, 2022 | -29.18% |
| Dec 31, 2021 | -40.14% |
| Sep 30, 2021 | -168.49% |