Republic Airways Holdings Inc. (NASDAQ:RJET)
Insiders here have filed 9 Form 4s in the last 90 days, but all of them are share awards, grants or other non-market transactions. Those are compensation, not a decision to buy, so they are not scored.
Profitable, but on a thin margin.
- Revenue
- $1.65B
- Net income
- $49.0M
- Net margin
- 3.0%
Heavily indebted for what it earns.
- Total debt
- $1.19B
- Cash
- $137.9M
- Net debt / EBITDA
- 3.99x
Covers near-term obligations, without much room.
- Current assets
- $535.1M
- Current liabilities
- $520.4M
- Current ratio
- 1.03
Roughly cash-neutral.
- Operating cash flow
- $463.1M
- Free cash flow
- -$43.1M
- FCF margin
- -2.6%
Heavy dilution — shareholders are paying for the business.
- Shares outstanding
- 45.7M
- Share growth (1y)
- 1554.5%
Five pillars — profitability, leverage, liquidity, cash generation, dilution & runway — each scored 0–20 from the company’s own income statement, balance sheet and cash-flow statement, then scaled to 100. A pillar the statements cannot answer is left out rather than guessed; fewer than three and no score is shown.
RJET Income Statement
| Fiscal Period | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Period Ending | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 |
| Revenue | 571.10 M | 527.40 M | 464.10 M | 90.68 M | 92.78 M | 394.80 M |
| Revenue Growth (YoY) | 515.52 % | 33.59 % | 349.57 % | -21.33 % | -16.25 % | 200.04 % |
| Cost of Revenue | 413.00 M | 381.00 M | 341.10 M | 80.56 M | 81.44 M | 281.30 M |
| Gross Profit | 158.10 M | 146.40 M | 123.00 M | 10.11 M | 11.34 M | 113.50 M |
| SG&A Expense | 85.80 M | 82.70 M | 88.90 M | 11.96 M | 11.54 M | 0.00 |
| R&D Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 85.80 M | 82.70 M | 88.90 M | 11.96 M | 11.54 M | 60.60 M |
| Operating Income | 72.30 M | 63.70 M | 34.10 M | -1.85 M | -198.00 K | 52.90 M |
| Pretax Income | 43.40 M | 37.60 M | 16.90 M | -11.59 M | 20.62 M | 36.60 M |
| Tax Provision | 12.20 M | 10.70 M | 11.90 M | 2.54 M | -238.00 K | 9.50 M |
| Net Income | 31.20 M | 26.90 M | 5.00 M | -14.12 M | 20.86 M | 27.10 M |
| EPS (Basic) | 0.68 | 0.59 | 0.12 | -5.06 | 7.55 | 9.82 |
| EPS (Diluted) | 0.68 | 0.58 | 0.12 | -5.06 | 7.51 | 9.79 |
| Shares Outstanding | 45.71 M | 45.65 M | 42.00 M | 2.79 M | 2.76 M | 2.76 M |
Quarterly figures; YoY compares the same fiscal quarter a year earlier. Source: public market data.