Cargojet to release Q3 results on November 11, 2026

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Reviewed by
Riya DScanX News Team
Key Highlights
  • Cargojet releases Q3 financial results on November 11, 2026
  • Conference call scheduled for November 12, 2026, at 8:30 am ET
  • Replay available until December 12, 2026, with passcode 37164#
  • Company operates a fleet of 42 aircraft carrying 25 million pounds weekly
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*this image is generated using AI for illustrative purposes only.

Cargojet Inc. (TSX: CJT) announced that it will release its financial results for the third quarter on Wednesday, November 11, 2026, after market close. The announcement sets the timeline for the air cargo provider's upcoming earnings disclosure.

Conference call details

Pauline Dhillon, CEO, Aaron McKay, CFO, and Sanjeev Maini, VP of Finance at Cargojet, will host a conference call on Thursday, November 12, 2026, at 8:30 am Eastern Time to discuss the results. Investors and analysts can participate by dialing the provided numbers approximately five minutes prior to the commencement of the call.

Access Method Number
Local Toronto +1 289 514 5100
Toll-Free North America +1 800 717 1738

Replay information

For those unable to participate in the live session, an instant replay will be available until Saturday, December 12, 2026, at 11:59 pm. The replay can be accessed using the following numbers:

  • Local Toronto: +1 289 819 1325
  • Toll-Free North America: +1 888 660 6264
  • Playback Passcode: 37164#

About Cargojet

Cargojet is Canada's leading provider of time-sensitive premium air cargo services to all major cities across North America. The company provides Dedicated, ACMI, and International Charter services, carrying over 25,000,000 pounds of cargo weekly. Cargojet operates its network with its own fleet of 42 aircraft.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

How will the upcoming Q3 results influence Cargojet's capacity expansion plans for its 42-aircraft fleet in 2027?

What impact might the reported earnings have on Cargojet's long-term ACMI contract renewals with major North American logistics partners?

How are shifting fuel costs and global air cargo demand trends expected to affect Cargojet's profit margins in the fourth quarter of 2026?

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Cargojet Q2FY26 Results: Revenue rises 5% ex-fuel, EBITDA up to $87.3 million

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Reviewed by
Naman SScanX News Team
Key Highlights
  • Revenue reached $275.8 million in Q2FY26, up 5% year over year excluding fuel surcharges
  • Adjusted EBITDA grew to $87.3 million, margin compressed by 260 bps due to fuel costs
  • Free cash flow turned positive at $56.2 million, reversing a $72.5 million outflow last year
  • Charter segment revenue jumped 37% to $54.7 million on strong international demand
  • New five-year pilot deal includes 26% wage hike and increased monthly workdays
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*this image is generated using AI for illustrative purposes only.

Cargojet Inc (TSX: CJT) reported second-quarter fiscal 2026 revenue of $275.8 million and adjusted EBITDA of $87.3 million. The airline generated free cash flow of $56.2 million, reversing a prior-year outflow.

Financial Performance

Revenue excluding fuel surcharges rose 5% year over year to $250.1 million. Adjusted EBITDA margin stood at 31.7%, with management noting a 260 basis point compression due to fuel price increases. The leverage ratio fell to 2.6 times at quarter end.

Metric Q2FY26 Q2FY25 Change
Revenue $275.8 million $249.9 million +10.4%
Adj. EBITDA $87.3 million $80.2 million +8.9%
Free Cash Flow $56.2 million ($72.5 million) Turnaround

Segment Highlights

The domestic overnight network generated $104.9 million in revenue net of fuel pass-throughs, a 3% year-over-year increase. Charter business revenue surged 37% to $54.7 million, driven by Liege-Tel Aviv services and UPS support flying. Hybrid ACMI revenue declined 12% year over year to $54.7 million as route transitions continued.

What the Numbers Show

Free cash flow generation improved significantly, swinging from a $72.5 million outflow in the prior year period to a $56.2 million inflow. This operational cash efficiency directly supported deleveraging efforts, reducing the leverage ratio to 2.6 times and enabling share repurchases of 121,390 units during the quarter.

Operational Updates

Cargojet finalized a five-year pilot agreement effective July 1, 2026, featuring a 26% wage increase and productivity improvements moving baseline workdays from 15 to 16 per month. Management indicated plans to pass these costs through to customers as contracts renew. The company maintained an on-time performance rate of 99.2%.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

How sustainable is the 31.7% adjusted EBITDA margin given the recent 260 basis point compression from rising fuel costs?

What is the timeline for fully absorbing the 26% pilot wage increase into customer contracts without impacting demand?

Will the decline in Hybrid ACMI revenue continue as route transitions conclude, and how will this affect overall revenue mix?

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