Spirit Aviation Holdings, Inc. (FLYY) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q2'25 | 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 | Q4'20 | Q3'20 | Q2'20 |
|---|
| Sales/Revenue | 1.02B | 1.17B | 1.2B | 1.28B | 1.27B | 1.32B | 1.26B | 1.43B | 1.35B | 1.39B | 1.34B | 1.37B | 967.32M | 987.56M | 922.63M | 859.31M | 461.28M | 498.49M | 401.92M | 138.53M |
| Revenue Growth % | -20.38% | -11.49% | -4.88% | -10.58% | -6.24% | -5% | -6.3% | 4.82% | 39.54% | 40.88% | 45.58% | 59.04% | 109.7% | 98.11% | 129.55% | 520.31% | -40.18% | -48.6% | -59.48% | -86.32% |
| Cost of Goods Sold | 981.63M | 1.08B | 1.22B | 1.2B | 1.2B | 1.24B | 1.2B | 1.13B | 1.19B | 1.1B | 1.11B | 1.15B | 945.16M | 851.44M | 796.01M | 731.54M | 619.73M | 552.46M | 548.12M | 411.43M |
| COGS % of Revenue | 96.25% | 92.63% | 101.95% | 94% | 94.51% | 93.93% | 95.63% | 79.21% | 88.3% | 79.25% | 82.96% | 84.13% | 97.71% | 86.22% | 86.28% | 85.13% | 134.35% | 110.83% | 136.38% | 297% |
| Gross Profit | 38.2M | 86.19M | -23.37M | 76.87M | 69.52M | 80.29M | 54.94M | 297.78M | 157.86M | 288.74M | 228.91M | 216.85M | 22.15M | 136.11M | 126.62M | 127.77M | -158.45M | -53.97M | -146.2M | -272.9M |
| Gross Margin % | 3.75% | 7.37% | -1.95% | 6% | 5.49% | 6.07% | 4.37% | 20.79% | 11.7% | 20.75% | 17.04% | 15.87% | 2.29% | 13.78% | 13.72% | 14.87% | -34.35% | -10.83% | -36.38% | -197% |
| Gross Profit Growth % | -50.3% | 7.35% | -142.54% | -74.18% | -55.96% | -72.19% | -76% | 37.32% | 612.56% | 112.13% | 80.78% | 69.72% | 113.98% | 352.22% | 186.61% | 146.82% | -250.82% | -118.73% | -147.01% | -182.51% |
| Operating Expenses | 222.33M | 535.28M | 273.07M | 229.38M | 276.86M | 295.1M | 243.7M | 277.57M | 270.26M | 594.47M | 265.3M | 262.18M | 233.62M | 197.66M | 112.63M | 34.56M | -55.92M | 105.95M | -46.73M | -82.52M |
| OpEx % of Revenue | 21.8% | 45.75% | 22.81% | 17.91% | 21.88% | 22.33% | 19.36% | 19.38% | 20.02% | 42.73% | 19.75% | 19.18% | 24.15% | 20.02% | 12.21% | 4.02% | -12.12% | 21.25% | -11.63% | -59.57% |
| Selling, General & Admin | 47.14M | 50.41M | 55.69M | 45.92M | 45.18M | 45.85M | 46.32M | 50.7M | 48.02M | 46.1M | 47.38M | 48.72M | 35.35M | 37.51M | 36.09M | 35.26M | 23.64M | 22.08M | 17.88M | 11.35M |
| SG&A % of Revenue | 4.62% | 4.31% | 4.65% | 3.59% | 3.57% | 3.47% | 3.68% | 3.54% | 3.56% | 3.31% | 3.53% | 3.57% | 3.65% | 3.8% | 3.91% | 4.1% | 5.13% | 4.43% | 4.45% | 8.19% |
| 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 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -706K | -1000K | 1000K | -1000K | -1000K |
| Operating Income | -184.12M | -449.09M | -296.44M | -152.51M | -207.34M | -214.81M | -188.76M | 20.21M | -112.39M | -305.73M | -36.39M | -45.33M | -211.47M | -61.55M | 13.99M | 93.21M | -102.53M | -159.91M | -99.47M | -190.38M |
| Operating Margin % | -18.05% | -38.39% | -24.76% | -11.91% | -16.38% | -16.25% | -15% | 1.41% | -8.33% | -21.97% | -2.71% | -3.32% | -21.86% | -6.23% | 1.52% | 10.85% | -22.23% | -32.08% | -24.75% | -137.43% |
| Operating Income Growth % | -20.73% | -109.06% | -57.05% | -854.6% | -84.47% | 29.74% | -418.71% | 144.59% | 46.85% | -396.72% | -360.02% | -148.63% | -106.25% | 61.51% | 114.07% | 148.96% | -76.8% | -228.32% | -179.78% | -216.13% |
| EBITDA | -109.64M | -373.68M | -212.41M | -68.03M | -125.99M | -135.28M | -105.96M | 100.75M | -34.4M | -223.48M | 41.79M | 31.14M | -135.28M | 13.39M | 88.25M | 166.91M | -28.22M | -87.78M | -28.12M | -121.27M |
| EBITDA Margin % | -10.75% | -31.94% | -17.74% | -5.31% | -9.96% | -10.23% | -8.42% | 7.03% | -2.55% | -16.06% | 3.11% | 2.28% | -13.98% | 1.36% | 9.57% | 19.42% | -6.12% | -17.61% | -7% | -87.54% |
| EBITDA Growth % | -61.17% | -176.23% | -100.47% | -167.52% | -266.21% | 39.47% | -353.52% | 223.56% | 74.57% | -1769.53% | -52.64% | -81.34% | -379.4% | 115.25% | 413.85% | 237.64% | -452.77% | -147.06% | -115.42% | -155.41% |
| D&A (Non-Cash Add-back) | 74.48M | 75.41M | 84.03M | 84.49M | 81.35M | 79.54M | 82.8M | 80.54M | 77.99M | 82.25M | 78.18M | 76.47M | 76.19M | 74.94M | 74.26M | 73.7M | 74.31M | 72.13M | 71.35M | 69.11M |
| EBIT | -201.41M | -552.92M | -289.04M | -144.92M | -116.26M | -198.62M | -173.76M | 45.23M | -101.9M | -311.34M | -25.54M | -43.67M | -216.18M | -65.18M | 10.14M | -242.16M | -102.04M | -163.65M | -101.91M | -191.25M |
| Net Interest Income | -54.4M | -43.4M | -41.62M | -36.45M | -31.22M | -26.76M | -14.24M | -4.47M | -28.71M | -30.86M | -12.1M | -21.89M | -32.15M | -30.15M | -30.73M | -34.66M | -35.7M | -44.53M | -28.97M | -22.09M |
| Interest Income | 7.14M | 11.22M | 11.34M | 12.17M | 13.59M | 7.08M | 19.91M | 30.05M | 15.43M | 2.04M | 15.28M | 5.58M | 467K | 324K | 306K | 373K | 4.37M | 318K | 454K | 1.95M |
| Interest Expense | 48.42M | 52.05M | 48.99M | 44.71M | 40.81M | 29.65M | 29.89M | 30.26M | 39.75M | 28.96M | 23.35M | 23.84M | 27.86M | 26.65M | 27.15M | 31.15M | 36.14M | 40.88M | 26.61M | 21.28M |
| Other Income/Expense | -65.7M | -155.88M | -41.6M | -37.11M | 50.27M | -13.46M | -14.88M | -5.24M | -29.25M | -34.57M | -12.5M | -22.18M | -32.57M | -30.28M | -31M | -366.52M | -35.65M | -44.62M | -29.05M | -22.15M |
| Pretax Income | -249.83M | -604.97M | -338.04M | -189.63M | -157.07M | -228.27M | -203.65M | 14.97M | -141.65M | -340.3M | -48.89M | -67.51M | -244.04M | -91.83M | -17M | -273.31M | -138.18M | -204.53M | -128.52M | -212.54M |
| Pretax Margin % | -24.5% | -51.71% | -28.24% | -14.8% | -12.41% | -17.27% | -16.18% | 1.05% | -10.49% | -24.46% | -3.64% | -4.94% | -25.23% | -9.3% | -1.84% | -31.81% | -29.96% | -41.03% | -31.98% | -153.42% |
| Income Tax | -4M | -19.28M | -29.79M | 3.3M | -14.43M | -44.62M | -46.09M | 17.32M | -37.74M | -69.63M | -12.52M | -15.11M | -49.33M | -4.67M | -31.78M | 14.55M | -25.86M | -47.23M | -29.38M | -68.11M |
| Effective Tax Rate % | 1.6% | 3.19% | 8.81% | -1.74% | 9.19% | 19.55% | 22.63% | 115.69% | 26.64% | 20.46% | 25.6% | 22.38% | 20.22% | 5.08% | 186.9% | -5.32% | 18.71% | 23.09% | 22.86% | 32.05% |
| Net Income | -245.83M | -585.69M | -308.24M | -192.93M | -142.63M | -183.65M | -157.55M | -2.35M | -103.91M | -270.66M | -36.38M | -52.41M | -194.7M | -87.16M | 14.77M | -287.86M | -112.32M | -157.3M | -99.14M | -144.43M |
| Net Margin % | -24.1% | -50.06% | -25.75% | -15.06% | -11.27% | -13.89% | -12.52% | -0.16% | -7.7% | -19.45% | -2.71% | -3.83% | -20.13% | -8.83% | 1.6% | -33.5% | -24.35% | -31.56% | -24.67% | -104.26% |
| Net Income Growth % | -27.42% | -218.91% | -95.65% | -8113.15% | -37.27% | 32.15% | -333.11% | 95.52% | 46.63% | -210.54% | -346.22% | 81.79% | -73.35% | 44.59% | 114.9% | -99.31% | -303.63% | -293.69% | -218.78% | -226.14% |
| Net Income (Continuing) | -245.83M | -585.69M | -308.24M | -192.93M | -142.63M | -183.65M | -157.55M | -2.35M | -103.91M | -270.66M | -36.38M | -52.41M | -194.7M | -87.16M | 14.77M | -287.86M | -112.32M | -157.3M | -99.14M | -144.43M |
| 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) | -7.24 | 0.00 | -2.81 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS Growth % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS (Basic) | -7.24 | 0.00 | -2.81 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Diluted Shares Outstanding | 33.97M | 0 | 109.52M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Basic Shares Outstanding | 33.97M | 0 | 109.52M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |