Global Crossing Airlines Group Operating Expenses Growth & History (JETMF)
Global Crossing Airlines Group's operating expenses was $237.4M for fiscal 2025.
View full Global Crossing Airlines Group company overviewGlobal Crossing Airlines Group annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $237.4M | $12.6M | +5.59% |
| 2024 | 2024-12-31 | $224.9M | $48.9M | +27.78% |
| 2023 | 2023-12-31 | $176.0M | $67.6M | +62.43% |
| 2022 | 2022-12-31 | $108.3M | $76.9M | +244.47% |
| 2021 | 2021-12-31 | $31.5M | — | — |
Global Crossing Airlines Group quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $60.6M | $2.5M | +4.38% |
| Q1 2026 | 2026-03-31 | $70.5M | $7.0M | +10.98% |
| Q4 2025 | 2025-12-31 | $58.9M | $2.4M | +4.21% |
| Q3 2025 | 2025-09-30 | $57.0M | $2.0M | +3.73% |
| Q2 2025 | 2025-06-30 | $58.1M | $3.1M | +5.64% |
| Q1 2025 | 2025-03-31 | $63.5M | $5.0M | +8.62% |
| Q4 2024 | 2024-12-31 | $56.5M | $1.3M | +2.41% |
| Q3 2024 | 2024-09-30 | $54.9M | $10.0M | +22.34% |
| Q2 2024 | 2024-06-30 | $55.0M | $16.8M | +43.79% |
| Q1 2024 | 2024-03-31 | $58.5M | $20.8M | +55.13% |
| Q4 2023 | 2023-12-31 | $55.2M | $21.9M | +65.94% |
| Q3 2023 | 2023-09-30 | $44.9M | $14.9M | +49.72% |
| Q2 2023 | 2023-06-30 | $38.3M | $14.3M | +59.56% |
| Q1 2023 | 2023-03-31 | $37.7M | $16.5M | +78.22% |
| Q4 2022 | 2022-12-31 | $33.2M | $17.8M | +114.92% |
| Q3 2022 | 2022-09-30 | $30.0M | $21.6M | +257.87% |
| Q2 2022 | 2022-06-30 | $24.0M | $19.3M | +410.70% |
| Q1 2022 | 2022-03-31 | $21.1M | $18.2M | +625.91% |
| Q4 2021 | 2021-12-31 | $15.5M | — | — |
| Q3 2021 | 2021-09-30 | $8.4M | — | — |
| Q2 2021 | 2021-06-30 | $4.7M | — | — |
| Q1 2021 | 2021-03-31 | $2.9M | — | — |
Global Crossing Airlines Group operating expenses trends
Between the periods ended 2021-12-31 and 2025-12-31, Global Crossing Airlines Group's operating expenses increased from $31.5M to $237.4M, a change of $206.0M. The latest reported quarter, Q2 2026, shows $60.6M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Global Crossing Airlines Group source filings ↗