JTAI PRESS-RELEASE SEC Filing Analysis

Latest settled — T+5d ⚠ clustered

JTAI ▲ +1.58% at T+5d

NEUTRAL call ✓ call won +1.58% · α vs SPY +0.62% · entry $6.96 → $7.07

Next anchor: T+20d in 5d

Last close $7.90 (close Jun 8) · +13.51% from $6.96 entry

Entry anchored
May 15, 08:20 AM ET
via Databento tick

T+1d

-6.03%

call -6.03% · α -5.97%

$6.54

settled 23d ago

T+5d

+1.58%

call +1.58% · α +0.62%

$7.07

settled 19d ago

T+20d

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call — · α —

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in 5d

T+60d

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call — · α —

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in 2mo

Price Chart

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Executive Summary

Jet.AI reported Q1 2026 revenue of $1.68M (beat consensus of $1.1M but down 51.6% YoY) and a massive EPS miss of -$6.68 vs -$2.00 estimate (234% below). Net loss narrowed to $2.68M from $3.17M YoY, and cash improved to $13.5M with no debt. The company highlighted progress on its merger with flyExclusive, a $5M SpaceX economic interest, and data center JV milestones, which overshadowed the weak operating results.

Key Financial Metrics

Gross Margin

-13.9%

Actionable Insight

The earnings miss is severe but largely discounted given the company's transition to AI infrastructure. The stock is likely to trade on the merger vote (June 11) and data center milestones rather than current financials. Monitor for SEC filings related to the merger and any updates on the SpaceX investment.

Key Facts

Q1 2026 revenue of $1.68M, down 51.6% YoY from $3.47M.
GAAP EPS of -$6.68 vs consensus -$2.00 (miss of 234%).
Net loss improved to $2.68M from $3.17M YoY.
Cash and cash equivalents of $13.5M, up from $1.8M at year-end 2025; no debt.
Board authorized a $5M share repurchase program.
Proposed merger with flyExclusive on track for shareholder vote on June 11, 2026.
Acquired $5M economic interest in SpaceX (pre-IPO).
Data center JV achieved third milestone (natural gas supply for 500MW campus).
Investment in AIIA (SPAC) valued at $17.23M.

Financial Impact

Revenue of $1.68M (beat $1.1M consensus, but YoY decline of 51.6%). EPS -$6.68 (miss of 234%). Net cash burn from operations of $3.04M vs $2.18M in Q1 2025. Cash balance $13.5M.

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Risk Factors

Merger with flyExclusive may fail or be delayed.
Data center JV may not secure tenant commitments.
Dilutive financing still possible given cash burn.
Current revenue decline reflects business transition risk.

Market Snapshot

Exchange

Nasdaq

Sector

Air Transportation, Nonscheduled

Analyst Consensus

86% bullish (7 analysts)

Documents Analyzed

This report is based on 1 press release from GlobeNewswire.

Document	Accession Number
PRESS-RELEASE Data (Synthetic)	press-3295820

6 reports for JTAI

T+1T+5T+20T+60

Track record builds as more directional reports settle.

Filters

Reports for JTAI — sortable, filterable
	Type				Now
May 21, 2026 19d ago	8-K BEARISH ★ 7/10	$7.07 $9.01	▼ −27.44%	▼ −25.78%	$7.90 (−11.74%)
May 15, 2026 25d ago	Press Release MIXED ★ 5/10	$6.96 $7.07	▲ +1.58%	▲ +0.62%	$7.90 (+13.51%)
May 4, 2026 5w ago	DEFM14A MIXED ★ 6/10	$7.18 $6.68	▼ −6.96%	▼ −9.90%	$7.90 (+10.03%)
Apr 23, 2026 6w ago	8-K NEUTRAL ★ 4/10	$7.69 $6.31	▼ −17.95%	▼ −19.42%	$7.90 (+2.73%)
Apr 20, 2026 7w ago	Press Release NEUTRAL ★ 5/10	$6.94 $6.67	▼ −3.89%	▼ −4.80%	$7.90 (+13.83%)
Apr 10, 2026 8w ago	8-K MIXED ★ 6/10	$6.55 $6.94	▲ +5.95%	▲ +2.66%	$7.90 (+20.61%)

US Market Status

Market Closed — Opens in 7h 15m

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