Cargojet reports $7-million Q2 profit, up from a $3.2-million loss last year
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TORONTO – Cargojet Inc. reported net earnings of $7 million during the second quarter, compared with a loss of $3.2 million during the same period last year.
That amounted to diluted earnings per share of 47 cents during the quarter, compared with a loss of 21 cents during last year’s second quarter.
Cargojet says its total revenue reached $275.8 million during the quarter, rising year-over-year from $238.2 million.
The company says its board of directors declared a cash dividend of 38.5 cents per common share.
Pauline Dhillon, the Cargojet CEO, says the company’s strategy allows it to dynamically deploy assets to the highest return opportunities.
In May, Dhillon stated the company has mechanisms in place to protect against higher fuel costs.
This report by The Canadian Press was first published Aug. 10, 2026.
Companies in this story: (TSX: CJT)