JBLU · Jetblue Airways Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.24B | - | $2.32B | $2.36B | $2.14B | - | $2.37B | $2.43B | $2.21B | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | $2.46B | - | $2.42B | $2.35B | $2.31B | - | $2.40B | $2.37B | $2.93B | - |
| D&A | $179.00M | - | $173.00M | $171.00M | $168.00M | - | $165.00M | $163.00M | $158.00M | - |
| Operating Income | ($224.00M) | - | ($100.00M) | $6.00M | ($174.00M) | - | ($38.00M) | $57.00M | ($719.00M) | - |
| Interest Expense | $144.00M | - | $146.00M | $147.00M | $53.00M | - | $100.00M | $63.00M | - | - |
| Income Tax | ($17.00M) | - | ($53.00M) | ($20.00M) | ($63.00M) | - | ($18.00M) | $6.00M | ($51.00M) | - |
| Net Income | ($319.00M) | - | ($143.00M) | ($74.00M) | ($208.00M) | - | ($60.00M) | $25.00M | ($716.00M) | - |
| EPS - Basic | ($0.86) | - | ($0.39) | ($0.21) | ($0.59) | - | ($0.17) | $0.07 | ($2.11) | - |
| EPS - Diluted | ($0.86) | - | ($0.39) | ($0.21) | ($0.59) | - | ($0.17) | $0.07 | ($2.11) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.86B | $1.95B | $2.41B | $2.13B | $2.30B | $1.92B | $2.59B | $1.31B | $1.24B | $1.17B |
| Accounts Receivable | $399.00M | $372.00M | $348.00M | $359.00M | $361.00M | $348.00M | $282.00M | $336.00M | $362.00M | $336.00M |
| Inventory | $282.00M | $193.00M | $183.00M | $174.00M | $163.00M | $158.00M | $140.00M | $130.00M | $111.00M | $109.00M |
| Accounts Payable | $728.00M | $655.00M | $589.00M | $633.00M | $648.00M | $619.00M | $612.00M | $660.00M | $647.00M | $641.00M |
| Current Assets | $3.37B | $3.24B | $3.42B | $3.81B | $4.19B | $4.26B | $4.55B | $2.08B | $2.16B | $2.16B |
| Total Assets | $16.61B | $16.57B | $16.60B | $16.90B | $17.10B | $16.84B | $16.63B | $13.99B | $13.72B | $13.85B |
| Current Liabilities | $4.82B | $4.40B | $4.19B | $4.32B | $4.14B | $3.88B | $3.75B | $3.89B | $4.02B | $3.63B |
| Long-term Debt | $8.50B | - | $8.47B | $8.45B | $8.54B | - | $8.16B | $5.30B | $4.99B | - |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | $1.81B | $2.12B | $2.27B | $2.41B | $2.44B | $2.64B | $2.64B | $2.70B | $2.63B | $3.34B |
| Retained Earnings | $398.00M | $717.00M | $894.00M | $1.04B | $1.11B | $1.32B | $1.36B | $1.42B | $1.40B | $2.11B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $120.00M | - | - | - | $114.00M | - | - | - | $204.00M | - |
| Investing Cash Flow | ($92.00M) | - | - | - | $357.00M | - | - | - | ($399.00M) | - |
| Financing Cash Flow | ($117.00M) | - | - | - | ($86.00M) | - | - | - | $271.00M | - |
| CapEx | $126.00M | - | - | - | $176.00M | - | - | - | $427.00M | - |
| Free Cash Flow | ($6.00M) | - | - | - | ($62.00M) | - | - | - | ($223.00M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | -10.0% | - | -4.3% | 0.3% | -8.1% | - | -1.6% | 2.3% | -32.5% | - |
| EBITDA margin | -2.0% | - | 3.1% | 7.5% | -0.3% | - | 5.4% | 9.1% | -25.4% | - |
| Net margin | -14.2% | - | -6.2% | -3.1% | -9.7% | - | -2.5% | 1.0% | -32.4% | - |
| Free cash flow margin | -0.3% | - | - | - | -2.9% | - | - | - | -10.1% | - |
| FCF / Net income | 0.02 | - | - | - | 0.30 | - | - | - | 0.31 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | - | - | - | - | - | - | - | 19.4% | - | - |
| Return on assets | -1.9% | - | -0.9% | -0.4% | -1.2% | - | -0.4% | 0.2% | -5.2% | - |
| Return on equity | -17.6% | - | -6.3% | -3.1% | -8.5% | - | -2.3% | 0.9% | -27.2% | - |
| Return on invested capital | -1.7% | - | -0.7% | 0.0% | -1.3% | - | -0.3% | 0.6% | -7.4% | - |
| Liquidity | ||||||||||
| Current ratio | 0.70 | 0.74 | 0.82 | 0.88 | 1.01 | 1.10 | 1.21 | 0.54 | 0.54 | 0.60 |
| Quick ratio | 0.64 | 0.69 | 0.77 | 0.84 | 0.97 | 1.06 | 1.18 | 0.50 | 0.51 | 0.57 |
| Cash ratio | 0.39 | 0.44 | 0.58 | 0.49 | 0.55 | 0.49 | 0.69 | 0.34 | 0.31 | 0.32 |
| Leverage | ||||||||||
| Debt / Equity | 4.70 | - | 3.73 | 3.51 | 3.49 | - | 3.09 | 1.97 | 1.90 | - |
| Debt / Assets | 0.51 | - | 0.51 | 0.50 | 0.50 | - | 0.49 | 0.38 | 0.36 | - |
| Debt / EBITDA | - | - | 116.10 | 47.75 | - | - | 64.28 | 24.10 | - | - |
| Interest coverage | -1.6x | - | -0.7x | 0.0x | -3.3x | - | -0.4x | 0.9x | - | - |
| Equity multiplier | 9.18 | 7.82 | 7.31 | 7.02 | 6.99 | 6.38 | 6.29 | 5.19 | 5.21 | 4.15 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.13 | - | 0.14 | 0.14 | 0.13 | - | 0.14 | 0.17 | 0.16 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 65d | - | 55d | 56d | 62d | - | 44d | 51d | 60d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | 87.0x | - | - |
| P / B | 0.9x | - | 0.8x | 0.6x | 0.7x | - | 0.9x | 0.8x | 1.0x | - |
| P / S | 0.7x | - | 0.8x | 0.6x | 0.8x | - | 1.0x | 0.9x | 1.1x | - |
| EV / EBITDA | - | - | 107.6x | 44.3x | - | - | 61.8x | 27.8x | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 4.7% | - | -1.8% | -3.0% | -3.1% | - | 0.5% | -7.0% | -5.1% | - |
| Revenue CAGR (3y) | -1.3% | - | -3.2% | - | 7.2% | - | 6.2% | -0.2% | 44.4% | - |
| Revenue CAGR (5y) | 25.0% | - | 36.4% | 61.4% | 6.1% | - | 2.5% | 2.9% | 3.4% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | -28.7% | - | -163.2% | -89.5% | 75.8% | - | 75.6% | -75.7% | -197.1% | - |
| Net income growth (YoY) | -53.4% | - | -138.3% | - | 70.9% | - | 60.8% | -81.9% | -272.9% | - |
| EPS growth (YoY) | -45.8% | - | -129.4% | - | 72.0% | - | 63.0% | -82.9% | -263.8% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | -34.7% | - | - |
| FCF growth (YoY) | 90.3% | - | - | - | 72.2% | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -26.0% | -19.7% | -14.1% | -10.7% | -7.1% | -20.9% | -22.7% | -24.1% | -21.9% | -6.3% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$9.06B totalPassenger$8.34B · 92.0%
Product And Service Other$726.00M · 8.0%
Geographic
$9.06B totalDomestic Canada$5.45B · 60.2%
Caribbean And Latin America$3.14B · 34.6%
Atlantic$471.00M · 5.2%
Peer comparison
Same SIC group: Air Transportation, Scheduled
Comparing JETBLUE AIRWAYS CORP against the 5 most active filers in the same SIC group.