RJET · Republic Airways Holdings Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $438.90M | - | $115.26M | $94.75M | $103.23M | - | $110.79M | $131.58M | $118.78M | $114.69M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | $11.39M | $11.48M | $9.52M | - | $9.71M | $11.13M | $12.01M | $11.35M |
| Total Operating Expenses | $473.20M | - | $99.85M | $152.00M | $214.03M | - | $119.82M | $119.94M | $167.22M | $154.92M |
| D&A | $30.60M | - | $2.26M | $5.96M | $7.98M | - | $9.73M | $9.82M | $13.29M | $15.32M |
| Operating Income | $54.20M | - | ($17.03M) | ($57.25M) | ($110.80M) | - | ($9.03M) | $11.64M | ($48.45M) | ($40.23M) |
| Interest Expense | $16.80M | - | $2.83M | $10.64M | $7.06M | - | $12.02M | $10.64M | $11.16M | $12.02M |
| Income Tax | $10.70M | - | $393.0K | ($3.86M) | ($1.73M) | - | ($810.0K) | $72.0K | $864.0K | ($2.76M) |
| Net Income | $26.90M | - | ($24.92M) | ($58.63M) | ($114.56M) | - | ($19.91M) | $11.66M | ($57.85M) | ($47.56M) |
| EPS - Basic | $0.59 | - | ($0.60) | ($1.42) | ($2.77) | - | ($0.48) | $0.28 | ($1.41) | ($1.17) |
| EPS - Diluted | $0.58 | - | ($0.34) | ($1.42) | ($2.77) | - | ($0.48) | $0.28 | ($1.41) | ($1.17) |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $111.30M | $134.30M | $38.73M | $54.12M | $39.98M | - | $15.62M | $18.53M | $16.07M | $32.94M |
| Accounts Receivable | - | - | $20.35M | $14.67M | $5.25M | - | $5.26M | $4.65M | $5.52M | $8.25M |
| Inventory | $95.30M | $88.50M | - | - | - | $63.00M | - | - | - | - |
| Accounts Payable | - | - | $57.48M | $55.97M | $60.93M | - | $72.10M | $57.35M | $54.45M | $58.96M |
| Current Assets | $486.50M | $540.70M | $114.63M | $163.58M | $160.71M | - | $61.28M | $98.44M | $150.28M | $138.59M |
| Total Assets | $3.27B | $3.28B | $158.93M | $214.95M | $383.56M | - | $596.86M | $706.27M | $775.63M | $898.47M |
| Current Liabilities | $520.20M | $574.30M | $169.96M | $202.04M | $253.08M | - | $174.46M | $196.80M | $253.89M | $267.91M |
| Long-term Debt | - | $1.03B | $27.01M | $31.65M | $83.79M | - | $259.82M | $299.04M | $315.46M | $364.73M |
| Total Liabilities | $1.91B | $1.95B | $211.57M | $277.36M | $387.60M | - | $486.62M | $551.60M | $633.02M | $698.43M |
| Stockholders' Equity | $1.35B | $1.33B | ($52.64M) | ($62.41M) | ($4.04M) | - | $110.24M | $154.67M | $142.61M | $200.04M |
| Retained Earnings | $735.40M | $708.50M | ($325.98M) | ($335.32M) | ($276.69M) | - | ($162.13M) | ($117.31M) | ($128.97M) | ($71.12M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $53.80M | - | - | - | ($11.56M) | - | - | - | ($7.84M) | - |
| Investing Cash Flow | ($41.60M) | - | - | - | $115.83M | - | - | - | $46.60M | - |
| Financing Cash Flow | ($35.90M) | - | - | - | ($79.92M) | - | - | - | ($55.63M) | - |
| CapEx | $39.30M | - | - | - | $2.06M | - | - | - | $6.88M | - |
| Free Cash Flow | $14.50M | - | - | - | ($13.63M) | - | - | - | ($14.72M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 12.3% | - | -14.8% | -60.4% | -107.3% | - | -8.1% | 8.8% | -40.8% | -35.1% |
| EBITDA margin | 19.3% | - | -12.8% | -54.1% | -99.6% | - | 0.6% | 16.3% | -29.6% | -21.7% |
| Net margin | 6.1% | - | -21.6% | -61.9% | -111.0% | - | -18.0% | 8.9% | -48.7% | -41.5% |
| Free cash flow margin | 3.3% | - | - | - | -13.2% | - | - | - | -12.4% | - |
| FCF / Net income | 0.54 | - | - | - | 0.12 | - | - | - | 0.25 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | 9.9% | 12.1% | 9.2% | - | 8.8% | 8.5% | 10.1% | 9.9% |
| Effective tax rate | 28.5% | - | - | - | - | - | - | 0.6% | - | - |
| Return on assets | 0.8% | - | -15.7% | -27.3% | -29.9% | - | -3.3% | 1.7% | -7.5% | -5.3% |
| Return on equity | 2.0% | - | 47.3% | 94.0% | 2837.7% | - | -18.1% | 7.5% | -40.6% | -23.8% |
| Return on invested capital | - | - | - | - | -109.8% | - | -1.9% | 2.6% | -8.4% | -5.6% |
| Liquidity | ||||||||||
| Current ratio | 0.94 | 0.94 | 0.67 | 0.81 | 0.64 | - | 0.35 | 0.50 | 0.59 | 0.52 |
| Quick ratio | 0.75 | 0.79 | 0.67 | 0.81 | 0.64 | - | 0.35 | 0.50 | 0.59 | 0.52 |
| Cash ratio | 0.21 | 0.23 | 0.23 | 0.27 | 0.16 | - | 0.09 | 0.09 | 0.06 | 0.12 |
| Leverage | ||||||||||
| Debt / Equity | - | 0.77 | -0.51 | -0.51 | -20.75 | - | 2.36 | 1.93 | 2.21 | 1.82 |
| Debt / Assets | - | 0.31 | 0.17 | 0.15 | 0.22 | - | 0.44 | 0.42 | 0.41 | 0.41 |
| Debt / EBITDA | - | - | - | - | - | - | 369.58 | 13.93 | - | - |
| Interest coverage | 3.2x | - | -6.0x | -5.4x | -15.7x | - | -0.8x | 1.1x | -4.3x | -3.3x |
| Equity multiplier | 2.42 | 2.47 | -3.02 | -3.44 | -95.01 | - | 5.41 | 4.57 | 5.44 | 4.49 |
| Liabilities / Assets | 0.59 | 0.59 | 1.33 | 1.29 | 1.01 | - | 0.82 | 0.78 | 0.82 | 0.78 |
| Efficiency | ||||||||||
| Asset turnover | 0.13 | - | 0.73 | 0.44 | 0.27 | - | 0.19 | 0.19 | 0.15 | 0.13 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | 64d | 57d | 19d | - | 17d | 13d | 17d | 26d |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 325.2% | - | 4.0% | -28.0% | -13.1% | - | -3.4% | 8.0% | -19.3% | -14.7% |
| Revenue CAGR (3y) | 43.9% | - | -5.0% | -8.4% | -11.3% | - | -4.0% | 10.6% | -7.6% | 16.2% |
| Revenue CAGR (5y) | 23.9% | - | 9.5% | -12.0% | -10.9% | - | -9.3% | -5.8% | -7.8% | -7.8% |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | - | - | -88.7% | - | -128.7% | - | 77.6% | - | - | - |
| Net income growth (YoY) | - | - | -25.2% | - | -98.0% | - | 58.1% | - | -536.4% | -376.3% |
| EPS growth (YoY) | - | - | 29.2% | - | -96.5% | - | 59.0% | - | -464.0% | -317.9% |
| EPS CAGR (3y) | - | - | - | - | - | - | - | 26.0% | - | - |
| EPS CAGR (5y) | 8.3% | - | - | - | - | - | - | -5.9% | - | - |
| FCF growth (YoY) | - | - | - | - | 7.5% | - | - | - | 35.3% | - |
| FCF CAGR (5y) | -28.5% | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | - | - | - | - | - | - | -44.9% | -43.8% | -52.4% | -35.1% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2024-09-30.
Product / service
$476.41M totalContract Revenue$404.32M · 84.9%
Pass Through And Other Revenue$72.09M · 15.1%
Peer comparison
Same SIC group: Air Transportation, Scheduled
Comparing REPUBLIC AIRWAYS HOLDINGS INC. against the 5 most active filers in the same SIC group.