JETBLUE AIRWAYS CORP JBLU
JetBlue Airways Corporation is New York's Hometown Airline®. As of December 31, 2025, JetBlue served 112 destinations across the United States, the Caribbean and Latin America, Canada and Europe.
JetBlue was incorporated in Delaware in August 1998 and commenced service on February 11, 2000. We believe our differentiated product and culture combined with our competitive cost structure enable us to compete effectively in the high-value geographies we serve. Looking to the future, we plan to continue to grow in our high-value geographies, invest in industry-leading products, and provide award-winning service by our 23,000 dedicated employees, whom we refer to as crewmembers. Going forward, we believe we will continue to differentiate ourselves from other airlines, enabling us to continue to attract a greater mix of customers, and to drive continued growth. We are focused on delivering solid results for our stockholders, our customers, and our crewmembers.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.06B | $9.28B | $9.62B | $9.16B | $6.04B | $2.96B | $8.09B | $7.66B | $7.01B | $6.58B |
| Total operating expenses | $9.43B | $9.96B | $9.85B | $9.46B | $6.12B | $4.67B | $7.29B | $7.39B | $6.04B | $5.32B |
| Operating income | -$368.0M | -$684.0M | -$230.0M | -$298.0M | -$80.0M | -$1.71B | $800.0M | $266.0M | $973.0M | $1.26B |
| Interest expense | $588.0M | $365.0M | $210.0M | $166.0M | — | — | — | — | — | — |
| Pre-tax income | -$774.0M | -$897.0M | -$334.0M | -$437.0M | -$263.0M | -$1.89B | $768.0M | $219.0M | $918.0M | $1.16B |
| Income tax | $172.0M | $102.0M | $24.0M | $75.0M | $81.0M | $539.0M | $199.0M | $30.0M | $222.0M | $437.0M |
| Net income | -$602.0M | -$795.0M | -$310.0M | -$362.0M | -$182.0M | -$1.35B | $569.0M | $189.0M | $1.14B | $727.0M |
| EPS, basic | -1.66 | -2.30 | -0.93 | -1.12 | -0.57 | -4.88 | 1.92 | 0.60 | 3.47 | 2.23 |
| EPS, diluted | -1.66 | -2.30 | -0.93 | -1.12 | -0.57 | -4.88 | 1.91 | 0.60 | 3.45 | 2.13 |
| Shares, diluted (wtd. avg.) | 362.1M | 346.0M | 332.9M | 323.6M | 318.0M | 277.5M | 298.4M | 314.5M | 330.4M | 342.2M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $1.95B | $1.92B | $1.17B | $1.19B | $2.08B | $1.97B | $1.02B | $533.0M | $359.0M | $495.0M |
| Short-term investments | $213.0M | $1.69B | $401.0M | $350.0M | $824.0M | $1.14B | $369.0M | $413.0M | $390.0M | $538.0M |
| Receivables | $372.0M | $348.0M | $336.0M | $317.0M | $207.0M | $98.0M | $231.0M | $211.0M | $245.0M | $172.0M |
| Inventory | $193.0M | $158.0M | $109.0M | $87.0M | $74.0M | $71.0M | $81.0M | $78.0M | $55.0M | $47.0M |
| Total current assets | $3.24B | $4.26B | $2.16B | $1.92B | $3.25B | $3.35B | $1.79B | $1.39B | $1.21B | $1.40B |
| Property, plant and equipment | — | — | — | — | — | — | $8.61B | $7.98B | $8.05B | $7.27B |
| Other intangibles | $415.0M | $399.0M | $349.0M | $298.0M | $299.0M | $261.0M | $241.0M | — | — | — |
| Total assets | $16.57B | $16.84B | $13.85B | $13.04B | $13.64B | $13.41B | $11.92B | $10.96B | $9.78B | $9.32B |
| Accounts payable | $655.0M | $619.0M | $641.0M | $532.0M | $499.0M | $365.0M | $401.0M | $437.0M | $378.0M | $242.0M |
| Total current liabilities | $4.40B | $3.88B | $3.63B | $3.75B | $3.42B | $2.67B | $2.66B | $2.52B | $2.15B | $2.21B |
| Long-term debt | — | — | — | — | — | $4.80B | $2.25B | $1.56B | $1.07B | $1.24B |
| Retained earnings | $717.0M | $1.32B | $2.11B | $2.42B | $2.79B | $2.97B | $4.32B | $3.75B | $3.49B | $2.45B |
| Total equity | $2.12B | $2.64B | $3.34B | $3.56B | $3.85B | $3.95B | $4.80B | $4.68B | $4.80B | $3.93B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$94.0M | $144.0M | $400.0M | $379.0M | $1.64B | -$683.0M | $1.45B | $1.20B | $1.38B | $1.63B |
| Depreciation and amortisation | $688.0M | $655.0M | $621.0M | $585.0M | $540.0M | $535.0M | $525.0M | $469.0M | $383.0M | $337.0M |
| Stock-based compensation | $40.0M | $39.0M | $39.0M | $30.0M | $28.0M | $28.0M | $31.0M | $28.0M | $29.0M | $23.0M |
| Capital expenditure | $1.08B | $1.48B | $1.13B | $767.0M | $907.0M | $715.0M | $932.0M | $908.0M | $1.07B | $850.0M |
| Investing cash flow | $658.0M | -$3.08B | -$1.38B | -$908.0M | -$704.0M | -$1.35B | -$1.13B | -$1.16B | -$979.0M | -$1.05B |
| Financing cash flow | -$417.0M | $3.77B | $1.11B | -$360.0M | -$830.0M | $2.98B | $165.0M | $131.0M | -$536.0M | -$472.0M |
| Buybacks | — | — | — | — | — | $160.0M | $535.0M | $375.0M | $380.0M | $120.0M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001158463-26-000007.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.58B | $7.01B | $7.66B | $8.09B | $2.96B | $6.04B | $9.16B | $9.62B | $9.28B | $9.06B |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | $727.0M | $1.14B | $189.0M | $569.0M | -$1.35B | -$182.0M | -$362.0M | -$310.0M | -$795.0M | -$602.0M |
Recent filings and events
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Regulation FD disclosure Item 7.01
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Regulation FD disclosure Item 7.01
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 4512
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| DAL | DELTA AIR LINES, INC. | $50.49B | 10.0x | 2.8% |
| UAL | United Airlines Holdings, Inc. | $31.79B | 9.6x | 3.5% |
| LUV | SOUTHWEST AIRLINES CO | $20.42B | 52.8x | 2.1% |
| AAL | American Airlines Group Inc. | $8.02B | 71.2x | 0.8% |
| ALK | ALASKA AIR GROUP, INC. | $3.84B | 41.4x | 21.3% |
| SKYW | SKYWEST INC | $3.61B | 9.0x | 15.0% |
| ALGT | Allegiant Travel CO | $1.85B | — | 4.8% |
| ULCC | Frontier Group Holdings, Inc. | $1.14B | — | -1.4% |