Global Crossing Airlines (JETMF) Research & Development (2021 - 2026)
Global Crossing Airlines' (JETMF) quarterly Research & Development came in at $2.1 million in Q2 2026, down 8.9% year-over-year from $2.3 million in Q2 2025, and down 29.38% quarter-over-quarter from $3.0 million in Q1 2026.
Analysis
Global Crossing Airlines (JETMF) Research & Development (2021 - 2026) Analysis & Trends
Global Crossing Airlines (JETMF) has reported Research & Development for 6 consecutive years, with $2.1 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Research & Development fell 8.9% year-over-year to $2.1 million in Q2 2026; TTM through Jun 2026 was $9.3 million, a 1.57% decrease from a year earlier, with the FY2025 full-year figure at $9.5 million, down 14.98% from the prior year.
- Research & Development was $2.1 million for Q2 2026 at Global Crossing Airlines, down from $3.0 million in the prior quarter.
- Over five years, Research & Development peaked at $4.3 million in Q1 2024 and troughed at $830208.0 in Q2 2022.
- A 5-year average of $2.2 million and a median of $2.2 million in 2024 frame the typical range for Research & Development.
- Across the five-year window, Research & Development surged 6141.49% in 2022 and tumbled 37.43% in 2024, its largest moves.
- Over 5 years, Research & Development stood at $1.8 million in 2022, then jumped by 74.61% to $3.2 million in 2023, then slumped by 37.43% to $2.0 million in 2024, then increased by 26.29% to $2.5 million in 2025, then slipped by 15.68% to $2.1 million in 2026.
- The last three Research & Development figures came in at $2.1 million (Q2 2026), $3.0 million (Q1 2026), and $2.5 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 51.79 Bn | 47.12 Bn | 19.07 Bn | 726.00 Mn |
| 2 | Ryanair Holdings | 28.72 Bn | 24.79 Bn | - | 136.00 Mn |
| 3 | Southwest Airlines | 19.00 Bn | 15.21 Bn | 7.33 Bn | - |
| 4 | Copa Holdings | 5.37 Bn | 4.11 Bn | 1.03 Bn | 57.39 Mn |
| 5 | Alaska Air | 4.55 Bn | 1.88 Bn | 3.76 Bn | - |
| 6 | Skywest | 3.76 Bn | 3.16 Bn | 1.01 Bn | - |
| 7 | Grupo Aeromexico, S.A.B. de C.V | 2.27 Bn | 1.24 Bn | - | - |
| 8 | Allegiant Travel | 1.74 Bn | 689.68 Mn | 902.77 Mn | 35.19 Mn |
| 9 | Jetblue Airways | 1.70 Bn | -322.81 Mn | 2.32 Bn | 88.00 Mn |
| 10 | Global Crossing Airlines | 40.13 Mn | 28.25 Mn | - | 2.12 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.12 Mn |
| Mar 31, 2026 | 3.00 Mn |
| Dec 31, 2025 | 2.51 Mn |
| Sep 30, 2025 | 1.71 Mn |
| Jun 30, 2025 | 2.33 Mn |
| Mar 31, 2025 | 2.96 Mn |
| Dec 31, 2024 | 1.99 Mn |
| Sep 30, 2024 | 2.22 Mn |
| Jun 30, 2024 | 3.12 Mn |
| Mar 31, 2024 | 4.28 Mn |
| Dec 31, 2023 | 3.18 Mn |
| Sep 30, 2023 | 1.55 Mn |
| Jun 30, 2023 | 1.35 Mn |
| Mar 31, 2023 | 2.25 Mn |
| Dec 31, 2022 | 1.82 Mn |
| Sep 30, 2022 | 1.08 Mn |
| Jun 30, 2022 | 830,208.00 |
| Mar 31, 2022 | 1.30 Mn |
| Dec 31, 2021 | 569,938.00 |
| Sep 30, 2021 | 327,997.00 |