Jet.ai Inc. income statement
In fiscal 2025, Jet.ai Inc. reported revenue of $9.2m, down 34.6% on the year before, operating income of −$10.1m (a -109.7% margin) and net income of $4.6m, or $0.33 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|
| Revenue | 22 | 12 | 14 | 9 | 10 |
| Cost of revenue | 20 | 12 | 15 | 9 | 11 |
| Gross profit | 2 | −0 | −1 | −0 | −0 |
| Research and development | 0 | 0 | 0 | 0 | 0 |
| Selling and marketing | 0 | 1 | 1 | 1 | 1 |
| General and administrative | 9 | 12 | 11 | 9 | 8 |
| Operating income | −8 | −13 | −13 | −10 | −10 |
| Interest expense | — | 0 | 0 | — | — |
| Income before tax | −8 | −13 | −13 | 5 | 5 |
| Income tax | 0 | 0 | — | — | — |
| Net income | −8 | −13 | −13 | 5 | 5 |
| Diluted EPS | −$39.38 | −$45.03 | −$47.93 | $0.33 | — |
| Diluted shares (average) | — | — | — | 14m | — |
| EBITDA | −8 | −12 | −13 | −10 | −10 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4 | 3 | 3 | 2 | 2 | 2 | 2 | 5 |
| Cost of revenue | 4 | 4 | 4 | 2 | 2 | 2 | 2 | 6 |
| Gross profit | −0 | −0 | −0 | −0 | −0 | 0 | −0 | −0 |
| Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| General and administrative | 3 | 3 | 3 | 2 | 1 | 2 | 2 | 2 |
| Operating income | −3 | −3 | −3 | −2 | −2 | −2 | −3 | −3 |
| Interest expense | 0 | 0 | — | — | — | — | — | — |
| Income before tax | −3 | −3 | −3 | −2 | −2 | 12 | −3 | −2 |
| Net income | −3 | −3 | −3 | −2 | −2 | 12 | −3 | −2 |
| Diluted EPS | −$4.15 | $90.67 | −$35.12 | −$184.63 | −$0.06 | $3.16 | −$0.63 | −$1.72 |
| EBITDA | −3 | −3 | −3 | −2 | −2 | −2 | −3 | −3 |
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