FY2025 · ended Dec 31, 2025 · Revenue $1.35B, +182.6% YoY · Filed Mar 19, 2026
Republic Airways Holdings Inc. (RJET) files with the SEC under industry code 4512, Air Transportation, Scheduled. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $1.3 billion and net income of $76.2 million. Free cash flow was -$74.9 million. As of Sep 30, 2026 it held $290.1 million in cash and investments and $969.9 million in total debt.
Revenue (TTM)
$1.76B
-0.5% vs year-ago TTM
Net income (TTM)
$97.70M
-51.6% vs year-ago TTM
Operating cash flow (TTM)
$301.10M
-27.2% vs year-ago TTM
Free cash flow (TTM)
$48.80M
+158.7% vs year-ago TTM
EPS (TTM)
$2.16
-58.4% vs year-ago TTM
Dividend per share
None
Shares outstanding
46.83M
+11.8% vs prior year
Net cash
$-679.80M
as of Sep 30, 2026
Operating margin
11.9%
FY 2026
Company profile
- Industry
- Air Transportation, Scheduled (SIC 4512)
- Listed as
- RJET (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Carmel, IN
- SEC filer status
- Non-accelerated filer
- SEC CIK
- 810332
- Former names
- MESA AIR GROUP INC (until Nov 24, 2025); MESA AIRLINES INC (until Feb 15, 1995)
Other Air Transportation, Scheduled companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Sep 30, 2024 |
FY 2023 Sep 30, 2023 |
FY 2022 Sep 30, 2022 |
FY 2021 Sep 30, 2021 |
|---|---|---|---|---|---|
| Revenue | $1.3B | $476.4M | $498.1M | $531.0M | $503.6M |
| Operating income | $168.3M | -$65.8M | -$84.3M | -$185.0M | $63.2M |
| Net income | $76.2M | -$91.0M | -$120.1M | -$182.7M | $16.6M |
| Diluted EPS | $1.87 | -$2.21 | -$3.04 | -$5.06 | $0.43 |
| Operating cash flow | $322.0M | $34.2M | -$24.1M | $13.4M | $132.9M |
| Free cash flow | -$74.9M | $13.9M | -$60.7M | -$27.5M | $115.7M |
| Total assets | $3.3B | $596.9M | $898.5M | $1.1B | $1.5B |
| Total liabilities | $1.9B | $486.6M | $698.4M | $807.4M | $968.5M |
| Stockholders' equity | $1.3B | $110.2M | $200.0M | $308.2M | $488.0M |
| Cash and investments | $296.5M | $15.6M | $32.9M | $57.7M | $120.5M |
| Total debt | $1.2B | $323.5M | $607.5M | $748.9M | $718.1M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Oct 30, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations
|
Oct 29, 2026 | Oct 29, 2026 |
| 10-Q | Quarterly report | Jul 31, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Jul 30, 2026 | Jul 30, 2026 |
| 8-K |
Current report
Officer or director change
|
Jun 17, 2026 | Jun 11, 2026 |
| 8-K/A |
Amended current report
Officer or director change
|
Jun 17, 2026 | Apr 22, 2026 |
All 1000 Republic Airways Holdings Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.