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) 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

Historic Data

Download Data
DateValue
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