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(Loss)/Earnings Per Share (Tables)
9 Months Ended 12 Months Ended
Jun. 30, 2025
Sep. 30, 2024
Earnings Per Share [Abstract]    
Calculations of Net (Loss)/Earnings Per Common Share
Calculations of net (loss)/earnings per common share were as follows (in thousands, except per share amounts):
 
 
  
Three Months Ended
June 30,
 
  
Nine Months Ended
June 30,
 
 
  
2025
 
  
2024
 
  
2025
 
  
2024
 
Net income/(loss)
  $ 20,856     $ (19,908 )   $ (152,332 )   $ (66,097 )
 
 
 
   
 
 
   
 
 
   
 
 
 
Basic weighted average common shares outstanding
    41,439       41,217       41,368       41,075  
Diluted weighted average common shares outstanding
    41,683       41,217       41,368       41,075  
 
 
 
   
 
 
   
 
 
   
 
 
 
Net (loss)/income per common share attributable to Mesa Air Group:
       
Basic
  $ 0.50     $ (0.48 )
 
  $ (3.68 )
 
  $ (1.61 )
 
 
 
 
   
 
 
   
 
 
   
 
 
 
Diluted
  $ 0.50     $ (0.48 )   $ (3.68 )   $ (1.61 )
 
 
 
   
 
 
   
 
 
   
 
 
 
Calculations of net loss per common share were as follows (in thousands, except per share data):
 
    
Year Ended September 30,
 
    
2024
    
2023
    
2022
 
Net loss
   $ (91,015    $ (120,116    $ (182,678
  
 
 
    
 
 
    
 
 
 
Basic weighted average common shares outstanding
     41,137        39,465        36,133  
Diluted weighted average common shares outstanding
     41,137        39,465        36,133  
  
 
 
    
 
 
    
 
 
 
Net loss per common share attributable to Mesa Air Group:
        
Basic
   $ (2.21    $ (3.04    $ (5.06
  
 
 
    
 
 
    
 
 
 
Diluted
   $ (2.21    $ (3.04    $ (5.06
  
 
 
    
 
 
    
 
 
 
Number of Weighted-Average Potentially Dilutive Shares Excluded from Calculation of Diluted Net Loss Per Share
The following number of weighted-average potentially dilutive shares were excluded from the calculation of diluted net loss per share because the effect of including such potentially dilutive shares would have been anti-dilutive:
 
 
  
Three Months
Ended
June 30,
 
  
Nine Months
Ended
June 30,
 
 
  
2025
 
  
2024
 
  
2025
 
  
2024
 
Warrants
                           
Restricted stock
                   106         
  
 
 
    
 
 
    
 
 
    
 
 
 
                   106         
  
 
 
    
 
 
    
 
 
    
 
 
 
The following number of weighted-average potentially dilutive shares (in thousands) were excluded from the calculation of diluted net loss per share because the effect of including such potentially dilutive shares would have been anti-dilutive:
 
 
  
Year Ended September 30,
 
 
  
2024
 
  
2023
 
  
2022
 
Warrants
                   758  
Restricted stock
                   106  
  
 
 
    
 
 
    
 
 
 
                   864