Republic Airways Q3 revenue rises 34% to $553.5 million; raises 2026 EBITDAR outlook
Republic Airways reported third-quarter 2026 revenue of $553.5 million, up 34.3% from a year earlier, and net income of $34.6 million, or $0.75 per diluted share, versus $6.7 million, or $0.17, in the prior-year quarter. The company raised its full-year 2026 adjusted EBITDAR guidance to $410 million to $420 million from $395 million to $405 million, and it now expects adjusted diluted EPS above $3.30. Shareholders should note that the results include Mesa, which was merged in on November 25, 2025, so the year-over-year comparison is not like for like.
Key points
- Q3 2026 revenue was $553.5 million, up $141.5 million, or 34.3%, mainly due to a 26.2% increase in block hour production after the Merger.
- Q3 2026 net income was $34.6 million, or $0.75 per diluted share, compared with $6.7 million, or $0.17, in Q3 2025.
- Full-year 2026 adjusted EBITDAR guidance was raised to $410 million to $420 million from $395 million to $405 million; revenue guidance of about $2.1 billion was unchanged.
- Adjusted diluted EPS guidance of greater than $3.30 was provided, after none had been given on July 30, 2026.
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 October 29, 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.