Global Crossing Airlines JETMF
OTC JETMF
$0.60 -0.04 (-6.25%)
At close: Sep 4, 2026 · 4:00 PM EDT

Global Crossing Airlines (JETMF) Operating Expenses (2021 - 2026)

Global Crossing Airlines' (JETMF) quarterly Operating Expenses came in at $60.6 million in Q2 2026, up 4.38% year-over-year from $58.1 million in Q2 2025, and down 13.93% quarter-over-quarter from $70.5 million in Q1 2026.

Analysis

Global Crossing Airlines (JETMF) Operating Expenses (2021 - 2026) Analysis & Trends

Global Crossing Airlines (JETMF) has reported Operating Expenses for 6 consecutive years, with $60.6 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 4.38% year-over-year to $60.6 million in Q2 2026; TTM through Jun 2026 was $247.0 million, a 5.98% increase from a year earlier, with the FY2025 full-year figure at $237.4 million, up 5.59% from the prior year.
  • Operating Expenses was $60.6 million for Q2 2026 at Global Crossing Airlines, down from $70.5 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $70.5 million in Q1 2026 and troughed at $21.1 million in Q1 2022.
  • A 5-year average of $48.8 million and a median of $55.1 million in 2023 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses jumped 625.91% in 2022 and increased 2.41% in 2024, its largest moves.
  • Over 5 years, Operating Expenses stood at $33.2 million in 2022, then surged by 65.94% to $55.2 million in 2023, then advanced by 2.41% to $56.5 million in 2024, then grew by 4.21% to $58.9 million in 2025, then gained by 3.04% to $60.6 million in 2026.
  • The last three Operating Expenses figures came in at $60.6 million (Q2 2026), $70.5 million (Q1 2026), and $58.9 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Delta Air Lines 51.79 Bn 47.12 Bn 19.07 Bn 17.89 Bn
2 Ryanair Holdings 28.72 Bn 24.79 Bn - 4.43 Bn
3 Southwest Airlines 19.00 Bn 15.21 Bn 7.33 Bn 8.15 Bn
4 Copa Holdings 5.37 Bn 4.11 Bn 1.03 Bn 967.68 Mn
5 Alaska Air 4.55 Bn 1.88 Bn 3.76 Bn 4.23 Bn
6 Skywest 3.76 Bn 3.16 Bn 1.01 Bn 946.92 Mn
7 Grupo Aeromexico, S.A.B. de C.V 2.27 Bn 1.24 Bn - 1.41 Bn
8 Allegiant Travel 1.74 Bn 689.68 Mn 902.77 Mn 922.38 Mn
9 Jetblue Airways 1.70 Bn -322.81 Mn 2.32 Bn 2.84 Bn
10 Global Crossing Airlines 40.13 Mn 28.25 Mn - 60.65 Mn
Historic Data

Historic Data

Download Data
DateValue
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