Every 10-Q that Harbor Diversified Inc (HRBR) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow HRBR and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full HRBR filings page.
Harbor Diversified, Inc. reported a sharp turnaround for the three months ended March 31, 2025, with net income of $16.5M compared with a net loss of $9.6M a year earlier. Total operating revenues rose to $60.2M from $43.7M, driven primarily by flying under its American Airlines capacity purchase agreement and new charter activity.
Basic and diluted earnings per share were $0.28, versus a loss of $0.23 per share in 2024. Cash and cash equivalents increased to $27.1M from $15.0M at year-end, and total assets grew to $214.0M with stockholders’ equity of $175.2M. About 88.1% of operating revenue came from American, with $7.2M or 11.9% from on-demand charter service.
After the period, the American capacity purchase agreement terminated on April 3, 2025, and on January 9, 2026 Harbor completed the disposition of all aviation assets for approximately $125.9M. Following this Aviation Disposition, Harbor and its remaining subsidiaries no longer have material operating airline assets or an operating business, and current value is tied mainly to investment portfolios, lease-related cash flows, and expected tax refunds.
Harbor Diversified, Inc. reported a sharp contraction in its airline business for the quarter ended June 30, 2025. Operating revenues fell to $3.0 million from $47.1 million a year earlier, driven by the April 3, 2025 termination of its capacity purchase agreement with American Airlines. The quarter produced a net loss of $15.8 million, versus a $7.9 million loss in the prior-year quarter.
For the first six months of 2025, revenue was $63.3 million and net income was $0.6 million, aided by $4.3 million of other income, including gains on marketable securities. Cash and cash equivalents were $11.7 million and marketable securities plus SESP investments totaled $98.2 million, supporting $159.4 million of stockholders’ equity. A subsequent Aviation Disposition completed January 9, 2026 generated approximately $125.9 million, leaving Harbor as a non-operating holding company with no material operating revenue.
Harbor Diversified, Inc. reports Q3 2025 results reflecting the wind-down of its airline operations. Total operating revenues fell to $905,000 from $53.6 million a year earlier, driven by the loss of flying under the American capacity purchase agreement and limited charter activity.
The company posted a Q3 net loss of $5.1 million and a nine-month net loss of $4.5 million, cushioned by $6.7 million of gains on aircraft and engine sales and $3.4 million of gains on marketable securities. Operating cash flow turned negative $18.5 million for the nine months, while asset sales and securities redemptions produced $20.8 million of investing inflows.
As of September 30, 2025, Harbor held $17.8 million in cash and restricted cash, $86.2 million in marketable securities, and $4.3 million in long-term bond investments, supporting stockholders’ equity of $154.3 million against $25.2 million of total liabilities. After a January 2026 aviation asset sale for approximately $125.9 million, the company no longer operates an airline and now mainly holds financial and residual aviation-related assets.