Global Crossing Airlines (JETMF) Operating Expenses (2021 - 2026)
Global Crossing Airlines (JETMF) posted quarterly Operating Expenses of $70.5 million for Q1 2026, up 10.98% year-over-year from $63.5 million in Q1 2025, and up 19.72% quarter-over-quarter from $58.9 million in Q4 2025.
Global Crossing Airlines (JETMF) Operating Expenses (2021 - 2026) Analysis & Trends
Global Crossing Airlines (JETMF) has reported Operating Expenses for 6 consecutive years, with $70.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 10.98% year-over-year to $70.5 million; the TTM figure through Mar 2026 stood at $244.4 million (up 6.3% YoY), while the FY2025 annual figure was $237.4 million, up 5.59% from the prior year.
- Operating Expenses improved to $70.5 million in Q1 2026 per JETMF's latest filing, from $58.9 million in the prior quarter.
- Across five years, Operating Expenses topped out at $70.5 million in Q1 2026 and bottomed at $21.1 million in Q1 2022.
- Historically, Operating Expenses has averaged $48.1 million across 5 years, with a median of $55.0 million in 2024.
- Annual changes were most pronounced in 2022 — Operating Expenses surged 625.91% — and 2024, when it rose 2.41%.
- Global Crossing Airlines' Operating Expenses stood at $33.2 million in 2022, then jumped by 65.94% to $55.2 million in 2023, then grew by 2.41% to $56.5 million in 2024, then rose by 4.21% to $58.9 million in 2025, then advanced by 19.72% to $70.5 million in 2026.
- Business Quant data shows JETMF's Operating Expenses at $70.5 million in Q1 2026, $58.9 million in Q4 2025, and $57.0 million in Q3 2025.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 60.65 Mn |
| Mar 31, 2026 | 70.46 Mn |
| Dec 31, 2025 | 58.86 Mn |
| Sep 30, 2025 | 56.99 Mn |
| Jun 30, 2025 | 58.10 Mn |
| Mar 31, 2025 | 63.49 Mn |
| Dec 31, 2024 | 56.48 Mn |
| Sep 30, 2024 | 54.94 Mn |
| Jun 30, 2024 | 55.00 Mn |
| Mar 31, 2024 | 58.45 Mn |
| Dec 31, 2023 | 55.15 Mn |
| Sep 30, 2023 | 44.91 Mn |
| Jun 30, 2023 | 38.25 Mn |
| Mar 31, 2023 | 37.68 Mn |
| Dec 31, 2022 | 33.24 Mn |
| Sep 30, 2022 | 29.99 Mn |
| Jun 30, 2022 | 23.97 Mn |
| Mar 31, 2022 | 21.14 Mn |
| Dec 31, 2021 | 15.40 Mn |
| Sep 30, 2021 | 8.38 Mn |