Global Crossing Airlines Group, Inc. (GlobalX) announced its financial results for Q2 2025.
The company reported a GAAP Net Income of $0.6 million or $0.01 per share.
Record block hours of 8,065 were generated in Q2.
Revenue Growth
Revenue increased by 7% in Q2 2025 compared to Q2 2024.
Net Income Increase
Net income doubled to $0.6 million in Q2 2025.
Focus on Profitability
GlobalX is focused on sustainable profitability and building a more capable airline.
Cash Flow Improvement
Cash flow provided by operations improved significantly, reaching $8.8 million in Q2 2025.
- The company's strategic focus on profitability and disciplined growth has led to improved financial performance.
- Record block hours flown and increased revenue per block hour demonstrate the company's operational strength and resilience.
Global Crossing Airlines Group, Inc. has shown strong financial performance in Q2 2025, with revenue growth, increased net income, and improved cash flow. The company's focus on sustainable profitability and strategic growth positions it well for the future.