Mesa Air Group, Inc. (MESA) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 |
|---|
| Sales/Revenue | 90.68M | 92.78M | 94.75M | 103.23M | 115.26M | 110.79M | 131.58M | 118.78M | 114.37M | 114.69M | 121.83M | 147.17M | 125.63M | 134.4M | 123.21M | 147.76M | 130.78M | 125.16M | 97.28M | 150.37M |
| Revenue Growth % | -21.33% | -16.25% | -27.99% | -13.09% | 0.78% | -3.4% | 8% | -19.29% | -8.97% | -14.66% | -1.12% | -0.4% | -3.94% | 7.38% | 26.66% | -1.74% | 21.05% | 71.22% | -45.92% | -18.29% |
| Cost of Goods Sold | 80.56M | 81.44M | 87.02M | 91.39M | 96.13M | 101.14M | 104.83M | 114.94M | 120.06M | 118.81M | 118.19M | 125.89M | 117.97M | 122.35M | 119.95M | 137.19M | 138.26M | 123.88M | 119.87M | 121.64M |
| COGS % of Revenue | 88.85% | 87.78% | 91.84% | 88.53% | 83.4% | 91.28% | 79.67% | 96.77% | 104.98% | 103.59% | 97.01% | 85.54% | 93.9% | 91.04% | 97.35% | 92.85% | 105.72% | 98.98% | 123.22% | 80.89% |
| Gross Profit | 10.11M | 11.34M | 7.73M | 11.84M | 19.13M | 9.66M | 26.75M | 3.83M | -5.7M | -4.12M | 3.64M | 21.28M | 7.66M | 12.05M | 3.27M | 10.56M | -7.48M | 1.28M | -22.59M | 28.73M |
| Gross Margin % | 11.15% | 12.22% | 8.16% | 11.47% | 16.6% | 8.72% | 20.33% | 3.23% | -4.98% | -3.59% | 2.99% | 14.46% | 6.1% | 8.96% | 2.65% | 7.15% | -5.72% | 1.02% | -23.22% | 19.11% |
| Gross Profit Growth % | -47.14% | 17.43% | -71.1% | 208.68% | 435.87% | 334.53% | 634.28% | -81.98% | -174.36% | -134.18% | 11.58% | 101.44% | 202.41% | 844.12% | 114.45% | -63.24% | -89.99% | 107.95% | -179.58% | -28.49% |
| Operating Expenses | 11.96M | 11.49M | 64.98M | 122.64M | 36.17M | 18.68M | 15.11M | 52.28M | 14.55M | 36.11M | 30.51M | 18.83M | 148.86M | 11.83M | 48.02M | 14.55M | -12.57M | -13.1M | -39.35M | 1.76M |
| OpEx % of Revenue | 13.19% | 12.38% | 68.59% | 118.79% | 31.38% | 16.86% | 11.48% | 44.02% | 12.72% | 31.49% | 25.05% | 12.8% | 118.48% | 8.81% | 38.97% | 9.85% | -9.61% | -10.47% | -40.45% | 1.17% |
| Selling, General & Admin | 10.91M | 11.59M | 11.48M | 9.52M | 11.39M | 9.71M | 11.13M | 12.01M | 9.89M | 11.35M | 13.54M | 13.99M | 12.42M | 11.11M | 7.86M | 12.58M | 13.53M | 12.09M | 11.16M | 13.07M |
| SG&A % of Revenue | 12.03% | 12.49% | 12.12% | 9.22% | 9.88% | 8.77% | 8.46% | 10.11% | 8.65% | 9.89% | 11.11% | 9.5% | 9.88% | 8.27% | 6.38% | 8.51% | 10.35% | 9.66% | 11.48% | 8.69% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | -98K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 722K | 1000K | 1000K | -1000K | -1000K | -1000K | -1000K |
| Operating Income | -1.85M | -146K | -57.25M | -110.8M | -17.04M | -9.03M | 11.64M | -48.45M | -20.24M | -40.23M | -26.87M | 2.45M | -141.2M | 213K | -44.76M | -3.99M | 5.09M | 14.37M | 16.76M | 26.97M |
| Operating Margin % | -2.04% | -0.16% | -60.43% | -107.33% | -14.78% | -8.15% | 8.85% | -40.79% | -17.7% | -35.08% | -22.06% | 1.66% | -112.39% | 0.16% | -36.32% | -2.7% | 3.89% | 11.48% | 17.23% | 17.94% |
| Operating Income Growth % | 89.13% | 98.38% | -591.73% | -128.69% | 15.84% | 77.56% | 143.33% | -2079.89% | 85.66% | -18987.32% | 39.96% | 161.39% | -2874.55% | -98.52% | -367.02% | -114.78% | -78.68% | -5.58% | 20.65% | -0.79% |
| EBITDA | 411K | 3.23M | -51.3M | -102.82M | -9.84M | 703K | 21.47M | -35.16M | -6.94M | -24.91M | -10.33M | 17.65M | -121.57M | 20.32M | -24.01M | 17.04M | 25.83M | 35.31M | 37.47M | 47.44M |
| EBITDA Margin % | 0.45% | 3.48% | -54.14% | -99.6% | -8.54% | 0.63% | 16.31% | -29.6% | -6.07% | -21.72% | -8.48% | 11.99% | -96.76% | 15.12% | -19.48% | 11.53% | 19.75% | 28.21% | 38.51% | 31.55% |
| EBITDA Growth % | 104.18% | 359.6% | -338.97% | -192.47% | -41.73% | 102.82% | 307.8% | -299.18% | 94.29% | -222.63% | 56.97% | 3.57% | -570.68% | -42.46% | -164.08% | -64.08% | -41.97% | -1.54% | 9.04% | -0.62% |
| D&A (Non-Cash Add-back) | 2.26M | 3.38M | 5.96M | 7.98M | 7.2M | 9.73M | 9.82M | 13.29M | 13.3M | 15.32M | 16.54M | 15.2M | 19.63M | 20.1M | 20.75M | 21.03M | 20.74M | 20.93M | 20.7M | 20.47M |
| EBIT | -8.76M | 23.87M | -57.16M | -109.22M | -16.9M | -11.69M | 22.37M | -45.83M | -17.7M | -38.31M | -24.19M | 1.26M | -138.12M | -3.76M | -47.05M | -10.46M | -1.64M | 14.43M | 16.33M | 28.02M |
| Net Interest Income | -2.76M | -3.18M | -5.31M | -7.05M | -7.6M | -9.02M | -10.63M | -11.15M | -13.58M | -12.01M | -12.98M | -11.21M | -10.5M | -8.69M | -8.08M | -7.88M | -8.19M | -8.54M | -8.68M | -8.96M |
| Interest Income | 69K | 74K | 24K | 17K | 23K | 17K | 14K | 14K | 18K | 8K | 49K | 71K | 22K | 24K | 42K | 51K | 78K | 82K | 79K | 126K |
| Interest Expense | 2.83M | 3.26M | 5.33M | 7.06M | 7.62M | 9.03M | 10.64M | 11.16M | 13.6M | 12.02M | 13.03M | 11.28M | 10.52M | 8.72M | 8.12M | 7.93M | 8.27M | 8.63M | 8.76M | 9.08M |
| Other Income/Expense | -9.73M | 20.76M | -5.24M | -5.49M | -7.49M | -11.69M | 89K | -8.54M | -11.06M | -10.09M | -10.35M | -12.47M | -7.44M | -12.69M | -10.41M | -14.4M | -14.99M | -8.57M | -9.18M | -8.03M |
| Pretax Income | -11.59M | 20.62M | -62.49M | -116.29M | -24.52M | -20.72M | 11.73M | -56.99M | -31.3M | -50.32M | -37.22M | -10.02M | -148.64M | -12.48M | -55.16M | -18.39M | -9.9M | 5.8M | 7.58M | 18.94M |
| Pretax Margin % | -12.78% | 22.22% | -65.96% | -112.64% | -21.28% | -18.7% | 8.92% | -47.98% | -27.37% | -43.88% | -30.55% | -6.81% | -118.31% | -9.28% | -44.77% | -12.44% | -7.57% | 4.63% | 7.79% | 12.59% |
| Income Tax | 2.54M | -238K | -3.86M | -1.73M | 393K | -810K | 72K | 864K | -2.95M | -2.76M | -2.1M | -930K | -33M | -2.49M | -12.38M | -4.11M | -2.41M | 1.52M | 1.89M | 4.82M |
| Effective Tax Rate % | -21.92% | -1.15% | 6.18% | 1.49% | -1.6% | 3.91% | 0.61% | -1.52% | 9.44% | 5.49% | 5.63% | 9.28% | 22.2% | 19.98% | 22.45% | 22.36% | 24.32% | 26.29% | 24.94% | 25.46% |
| Net Income | -14.12M | 20.86M | -58.63M | -114.56M | -24.92M | -19.91M | 11.66M | -57.85M | -28.34M | -47.56M | -35.12M | -9.09M | -115.64M | -9.98M | -42.78M | -14.27M | -7.5M | 4.28M | 5.69M | 14.12M |
| Net Margin % | -15.58% | 22.48% | -61.88% | -110.97% | -21.62% | -17.97% | 8.86% | -48.7% | -24.78% | -41.47% | -28.83% | -6.18% | -92.04% | -7.43% | -34.72% | -9.66% | -5.73% | 3.42% | 5.85% | 9.39% |
| Net Income Growth % | 43.32% | 204.76% | -602.84% | -98.03% | 12.09% | 58.14% | 133.2% | -536.41% | 75.49% | -376.31% | 17.91% | 36.32% | -1442.84% | -333.51% | -852.03% | -201.1% | -165.89% | 25.07% | 201.8% | 30.9% |
| Net Income (Continuing) | -14.12M | 20.86M | -58.63M | -114.56M | -24.92M | -19.91M | 11.66M | -57.85M | -28.34M | -47.56M | -35.12M | -9.09M | -115.64M | -9.98M | -42.78M | -14.27M | -7.5M | 4.28M | 5.69M | 14.12M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.34 | 0.50 | -1.42 | -2.71 | -0.60 | -0.48 | 0.28 | -1.41 | -0.69 | -1.17 | -0.88 | -0.25 | -3.18 | -0.28 | -1.19 | -0.40 | -0.21 | 0.11 | 0.14 | 0.39 |
| EPS Growth % | 43.33% | 204.17% | -607.14% | -92.2% | 13.04% | 58.97% | 131.82% | -464% | 78.3% | -317.86% | 26.05% | 37.5% | -1414.29% | -354.55% | -950% | -202.56% | -165.63% | 13.52% | 162.17% | 25.81% |
| EPS (Basic) | -0.34 | 0.50 | -1.42 | -2.71 | -0.60 | -0.48 | 0.28 | -1.41 | -0.69 | -1.17 | -0.88 | -0.25 | -3.18 | -0.28 | -1.19 | -0.40 | -0.21 | 0.12 | 0.16 | 0.40 |
| Diluted Shares Outstanding | 41.87M | 41.68M | 41.33M | 41.33M | 41.33M | 41.22M | 41.07M | 40.94M | 40.88M | 40.69M | 39.93M | 36.38M | 36.34M | 36.18M | 36.05M | 35.96M | 35.92M | 39.51M | 39.43M | 36.65M |
| Basic Shares Outstanding | 41.87M | 41.44M | 41.33M | 41.33M | 41.33M | 41.22M | 41.07M | 40.94M | 40.88M | 40.69M | 39.93M | 36.38M | 36.34M | 36.18M | 36.05M | 35.96M | 35.92M | 35.77M | 35.63M | 35.53M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |