Republic Airways Q2 revenue rises 40.8% to $571.1M; raises 2026 EBITDAR outlook
Republic Airways reported second quarter 2026 revenue of $571.1 million, up 40.8% from a year earlier, after merging with Mesa Airlines on November 25, 2025. Net income fell to $31.2 million, or $0.68 per diluted share, from $37.4 million, or $0.94, a year earlier, while the company raised its full-year 2026 adjusted EBITDAR guidance to $395 million to $405 million from above $380.0 million.
Key points
- Q2 2026 revenue was $571.1 million, up $165.5 million from the prior year quarter, mainly due to the Merger and higher block hour production.
- Net income was $31.2 million, down from $37.4 million; diluted EPS was $0.68 versus $0.94. Adjusted net income per diluted share was $0.89.
- Full-year 2026 revenue guidance was raised to about $2.1 billion from about $2.0 billion, and adjusted EBITDAR guidance to $395 million to $405 million from above $380.0 million.
- Unrestricted cash and marketable securities were $277.6 million at June 30, 2026; total debt and lease liabilities were $1.2 billion.
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 30, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.