Mesa Air Group, Inc. (MESA) Earnings History
Annual and quarterly earnings data from 1991 to 2025
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MESA EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
MESA Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 99.1% | -46.5% | -39.9% |
| 2024 | 12.5% | -13.8% | -19.1% |
| 2023 | 3.0% | -16.9% | -24.1% |
| 2022 | 6.3% | -34.8% | -34.4% |
| 2021 | 0.3% | 12.5% | 3.3% |
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Mesa Air Group, Inc. (MESA) Earnings Overview
As of May 8, 2026, Mesa Air Group, Inc. (MESA) reported trailing twelve-month net income of -$166M, reflecting -82.4% year-over-year growth. The company earned $-3.98 per diluted share over the past four quarters, with a net profit margin of -39.9%.
Looking at the long-term picture, MESA's historical earnings data spans multiple years. The company achieved its highest annual net income of $57M in fiscal 2005.
Mesa Air Group, Inc. is currently reporting a net loss, though operating performance should be evaluated in the context of growth investments and industry dynamics View revenue history →
Compared to peers including SKYW ($429M net income, 10.6% margin), ULCC (-$366M net income, -3.7% margin), SNCY ($40M net income, 4.7% margin), MESA has room to improve margins relative to the peer group. Compare MESA vs SKYW →
MESA Earnings vs Peers
Earnings metrics vs comparable public companies
MESA Historical Earnings Data (1991–2025)
28 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | -$152M | -67.4% | -$177M | $-4.03 | -39.9% | -46.5% |
| 2024 | -$91M | +24.2% | -$66M | $-2.21 | -19.1% | -13.8% |
| 2023 | -$120M | +34.2% | -$84M | $-3.04 | -24.1% | -16.9% |
| 2022 | -$183M | -1201.3% | -$185M | $-5.06 | -34.4% | -34.8% |
| 2021 | $17M | -39.6% | $63M | $0.43 | 3.3% | 12.5% |
| 2020 | $27M | -42.3% | $80M | $0.78 | 5.0% | 14.7% |
| 2019 | $48M | +43.1% | $121M | $1.36 | 6.6% | 16.7% |
| 2018 | $33M | +1.3% | $73M | $1.32 | 4.9% | 10.7% |
| 2017 | $33M | +120.0% | $100M | $0.94 | 5.1% | 15.6% |
| 2016 | $15M | +151.2% | $57M | $0.43 | 2.5% | 9.7% |
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Start ComparisonMESA — Frequently Asked Questions
Quick answers to the most common questions about buying MESA stock.
Is MESA growing earnings?
MESA EPS fell to $-3.98, with earnings declining -82.4%. This contrasts with the 5-year CAGR of N/A. TTM net income dropped to $-166M.
What are MESA's profit margins?
Mesa Air Group, Inc. net margin is -39.9%, with operating margin at -46.5%. Below-average margins reflect competitive or cost pressures.
How consistent are MESA's earnings?
MESA earnings data spans 1991-2025. The declining earnings trend is -82.4% YoY. Historical data enables comparison across business cycles.