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Jet.AI Inc. Reports FY 2025 Financial Results and Progress on Canadian Data Center Projects

DATA AND AI INFRASTRUCTURE

Jet.AI Inc. reported a net income of $4.6 million for FY 2025, rebounding from a $12.7 million loss in 2024. The company's revenue decreased to $9.17 million, down from $14.02 million. As of March 5, 2026, Jet.AI has cash reserves of $13.7 million and no debt.

The company is progressing on its Canadian data center joint venture, with the third milestone focusing on energy access feasibility. Jet.AI’s current ratio is 1.92, indicating strong liquidity, despite concerns about its financial health reflected in an Altman Z-Score of -7.38. The merger with flyExclusive is on track to close by April 30, 2026.

Jet.AI Inc. Reports FY 2025 Financial Results and Progress on Canadian Data Center Projects
Mar 11, 2026, 6:03 AM

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