Republic Airways Holdings Inc (RJET) Income Statement
RJET 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsRJET revenue and net income
Where RJET's revenue goes
2025Each bar shows an amount and its share of revenue. RJET kept 4.5% of revenue as net income.
RJET profit margins
RJET growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +13.7% | +8.1% | +25.2% | +12.7% |
| Gross profit | +27.7% | +11.1% | +57.2% | +14.6% |
| Operating income | +57.2% | +17.6% | — | +10.5% |
| Net income | +18.0% | +4.0% | +22.6% | +6.9% |
| EPS (diluted) | — | — | −26.3% | −13.4% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
RJET quarterly EPS vs estimates
Republic Airways beat the analyst EPS estimate in 1 of the last 3 quarters. Next report: October 29, 2026.
RJET income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.68B | $1.47B | $1.43B | $1.33B | $503.6M | $545.1M | $723.4M | $681.6M | $643.6M | $587.8M |
| Cost of revenue | $1.21B | $1.11B | $1.11B | $987.7M | $505.5M | $496.5M | $542.2M | $540.2M | $504.3M | $488.9M |
| Gross profit | $466.0M | $365.0M | $323.5M | $339.5M | −$1.9M | $48.6M | $181.2M | $141.4M | $139.3M | $98.9M |
| Total operating expenses | $250.6M | $228.0M | $188.2M | $207.2M | $49.9M | $52.2M | $50.5M | $44.9M | $39.0M | $42.2M |
| Operating income | $215.4M | $137.0M | $135.3M | $132.3M | −$51.8M | −$3.7M | $130.7M | $96.5M | $100.3M | $56.8M |
| Interest expense | $60.6M | $57.7M | $49.1M | $40.6M | $34.7M | $44.1M | $55.7M | $56.9M | $46.1M | $32.6M |
| Income before taxes | $113.4M | $86.9M | $88.0M | $90.2M | $22.4M | $37.0M | $63.3M | $15.8M | $53.7M | $24.8M |
| Income taxes | $37.2M | $22.3M | $33.2M | $22.4M | $5.8M | $9.5M | $15.7M | −$17.4M | $20.9M | $9.9M |
| Net income | $76.2M | $64.6M | $54.8M | $67.8M | $16.6M | $27.5M | $47.6M | $33.3M | $32.8M | $14.9M |
| EBITDA | $300.3M | $261.6M | $296.5M | $280.5M | $140.0M | $78.6M | $208.7M | $161.5M | $161.3M | $102.8M |
| EPS (diluted) | $0.18 | −$1.24 | −$1.84 | −$0.98 | $0.02 | $0.83 | $16.80 | $10.80 | $20.90 | $0.29 |
| Gross margin | 27.8% | 24.8% | 22.6% | 25.6% | −0.4% | 8.9% | 25.1% | 20.7% | 21.6% | 16.8% |
| Operating margin | 12.8% | 9.3% | 9.5% | 10.0% | −10.3% | −0.7% | 18.1% | 14.2% | 15.6% | 9.7% |
| Net margin | 4.5% | 4.4% | 3.8% | 5.1% | 3.3% | 5.0% | 6.6% | 4.9% | 5.1% | 2.5% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $571.1M | $527.4M | $464.1M | $90.7M | $92.8M | $394.8M | $103.2M | $115.3M | $110.8M | $131.6M | $118.8M | $114.4M |
| Cost of revenue | $413.0M | $381.0M | $341.1M | $80.6M | $81.4M | $281.3M | $91.4M | $96.1M | $101.1M | $104.8M | $114.9M | $120.1M |
| Gross profit | $158.1M | $146.4M | $123.0M | $10.1M | $11.3M | $113.5M | $11.8M | $19.1M | $9.7M | $26.8M | $3.8M | −$5.7M |
| Total operating expenses | $85.8M | $82.7M | $88.9M | $12.0M | $11.5M | $60.6M | $10.3M | $12.8M | $10.8M | $12.4M | $14.5M | $11.0M |
| Operating income | $72.3M | $63.7M | $34.1M | −$1.9M | −$198,000 | $52.9M | $1.6M | $6.3M | −$1.1M | $14.3M | −$10.6M | −$16.7M |
| Interest expense | $16.8M | $16.8M | $15.8M | $2.8M | $3.3M | $14.3M | $7.1M | $7.6M | $9.0M | $10.6M | $11.2M | $13.6M |
| Income before taxes | $43.4M | $37.6M | $16.9M | −$11.6M | $20.6M | $36.6M | −$116.3M | −$24.5M | −$20.7M | $11.7M | −$57.0M | −$31.3M |
| Income taxes | $12.2M | $10.7M | $11.9M | $2.5M | −$238,000 | $9.5M | −$4.3M | $393,000 | −$810,000 | $72,000 | $864,000 | −$3.0M |
| Net income | $31.2M | $26.9M | $5.0M | −$14.1M | $20.9M | $27.1M | −$111.9M | −$24.9M | −$19.9M | $11.7M | −$57.9M | −$28.3M |
| EBITDA | $107.5M | $98.2M | $65.8M | −$6.5M | $27.3M | $50.9M | −$101.2M | −$9.7M | −$2.0M | $32.2M | −$32.5M | −$4.4M |
| EPS (diluted) | $0.89 | $0.58 | $0.12 | −$0.34 | $0.50 | −$0.10 | −$0.48 | −$0.23 | — | −$0.53 | −$0.64 | — |
| Gross margin | 27.7% | 27.8% | 26.5% | 11.2% | 12.2% | 28.7% | 11.5% | 16.6% | 8.7% | 20.3% | 3.2% | −5.0% |
| Operating margin | 12.7% | 12.1% | 7.3% | −2.0% | −0.2% | 13.4% | 1.5% | 5.5% | −1.0% | 10.9% | −9.0% | −14.6% |
| Net margin | 5.5% | 5.1% | 1.1% | −15.6% | 22.5% | 6.9% | −108.4% | −21.6% | −18.0% | 8.9% | −48.7% | −24.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in RJET's financial statements (latest annual report filed December 31, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
RJET financial results
In fiscal year 2025 (ended December 31, 2025), Republic Airways reported revenue of $1.7 billion, up 13.7% from the year before. It had net income of $76.2 million (up 18.0%), a net profit margin of 4.5%. Diluted earnings per share came to $0.18. Over five years revenue grew at an average rate of 25.2% a year.
See the RJET stock overview for the latest quote and news, or the RJET chart for price history and technical indicators.
RJET income statement FAQ
What is Republic Airways's annual revenue?
Republic Airways reported total revenue of $1.7 billion for fiscal year 2025, which ended on December 31, 2025. That was up 13.7% from $1.5 billion the previous year.
Is Republic Airways profitable?
Yes. Republic Airways reported net income of $76.2 million in fiscal 2025, a net profit margin of 4.5%; its operating margin was 12.8%.
What is Republic Airways's gross margin?
Republic Airways's gross margin was 27.8% in fiscal 2025: for every $100 of revenue, Republic Airways kept $28 after the direct cost of its products and services.
How fast is Republic Airways growing?
Revenue grew 25.2% a year on average over the last five fiscal years, from $545.1 million to $1.7 billion.
What are Republic Airways's earnings per share?
Republic Airways earned $0.18 per diluted share in fiscal 2025, compared with $-1.24 a year earlier.
When will Republic Airways report its next earnings?
Republic Airways is expected to report results for the quarter ending September 30, 2026 on October 29, 2026 before the market opens.
When does Republic Airways's fiscal year end?
Republic Airways's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on December 31, 2025.