Jet.AI FY2025 net income hits $4.59 million as weighted-average shares outstanding more than doubled

Reuters03-07
Jet.AI FY2025 net income hits $4.59 million as weighted-average shares outstanding more than doubled

Jet.AI Inc. reported 2025 net income of $4.59 million, compared with a net loss in 2024, helped by a $14.48 million unrealized gain on other investments. Revenue fell 35% to $9.18 million, while the gross loss narrowed 69% to $0.3 million. Operating loss narrowed 20% to $10.07 million as total operating expenses fell 16% to $9.77 million. Jet.AI ended 2025 with $1.8 million in cash and cash equivalents, and said it expects to continue to incur operating losses for at least the next 12 months. The company said it expects its planned sale of aviation business assets to flyExclusive to close in the second quarter of 2026, and it began transitioning its primary focus to AI data center operations and assets in 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jet.ai Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-009165), on March 06, 2026, and is solely responsible for the information contained therein.

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