I think all the Jetbeams are quoted at 225 lumens (except JET I PRO EX). The way to think about it is that they all use the same emitter, a CREE 7090 XR-E (Q5 bin).
So, all the Jetbeams are limited in their maximum possible output by what the LED can deliver.
You can get a Jet I Pro IBS that puts out 225 lumens on a single AA, or you can get a JET III M that puts out the same amount of light using an 18650 battery.
The battery type determines how long you can have that much light for
So wheen choosing between the various models, you are choosing between their user interfaces, types and number of batteries, form factor, and reflectors.