Jet.AI Inc. Reports Third‑Quarter 2025 Financial Results and Advances on Canadian Data Center Milestone

Jet.AI Inc. (Nasdaq: JTAI) released its third‑quarter 2025 financial results on November 14, 2025, along with an update on progress toward the third milestone of its Canadian hyperscale data center project.

Financial Performance

  • Revenue: The company generated $1.7 million in Q3 revenue, a decline from $3.9 million reported in the same quarter of the previous year.
  • Nine‑month revenue: First‑nine‑month revenue totaled $7.4 million, down from $10.8 million in the prior year.
  • Operating loss: Q3 operating loss was $2.0 million, an improvement over the $2.9 million loss recorded in Q3 2024.
  • Cash position: Jet.AI reported $3.5 million in cash and cash equivalents as of September 30, 2025.
  • GAAP EPS: The company posted a GAAP earnings per share of -$0.59 for the quarter.

The company’s price‑to‑earnings ratio remains negative at -0.41, reflecting ongoing investment in growth and product development.

Corporate Developments

  • Minority‑Stake Benefit: Jet.AI closed a minority‑stake benefit from the IPO of AI Infrastructure Acquisition Corp., which increased its book equity by roughly $20 million.
  • Merger Timeline: The firm extended the outside date of the flyExclusive merger to December 31, 2025.
  • Data Center Progress: Significant progress was reported toward the third milestone of the Canadian hyperscale data center project in partnership with Consensus Core.

Strategic Focus

Jet.AI’s core business remains the provision of advanced fleet‑management solutions for the private aviation sector. Its offerings cover private jet booking, fleet logistics optimization, quote generation, carbon tracking and crediting, invoicing, and crew management. Based in Las Vegas, the company serves a global customer base and continues to position itself at the intersection of aviation and artificial intelligence.

Market Context

As of November 12, 2025, Jet.AI’s share price closed at $1.98 in USD, with a 52‑week low of $1.9101 and a 52‑week high of $11.77. The company’s market capitalization stands at approximately $6.95 million. Despite a declining revenue trajectory and continued operating losses, the firm’s cash reserves and equity infusion provide a buffer for ongoing development and execution of its data‑center strategy.

The latest release underscores Jet.AI’s commitment to scaling its technology platform and expanding its data‑center footprint while managing the financial implications of rapid growth. Investors will likely watch for subsequent quarterly reports to assess whether the company can reverse its revenue decline and move toward profitability in the near term.