JetBlue Airways Corporation (JBLU) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 3.37B | 3.24B | 3.42B | 3.81B | 4.19B | 4.26B | 4.55B | 2.08B | 2.16B | 2.16B | 1.97B | 2.23B | 2.1B | 1.92B | 2.61B | 2.99B | 3.27B | 3.25B | 3.69B | 4.2B |
| Cash & Short-Term Investments | 2.17B | 2.26B | 2.62B | 3.06B | 3.5B | 3.61B | 4.01B | 1.5B | 1.56B | 1.57B | 1.38B | 1.67B | 1.54B | 1.39B | 2.09B | 2.48B | 2.78B | 2.84B | 3.29B | 3.73B |
| Cash Only | 1.86B | 2.05B | 2.41B | 2.13B | 2.3B | 1.92B | 2.59B | 1.31B | 1.24B | 1.17B | 973M | 1.46B | 1.33B | 1.04B | 1.4B | 1.61B | 1.83B | 2.02B | 2.19B | 2.41B |
| Short-Term Investments | 312M | 213M | 211M | 929M | 1.21B | 1.69B | 1.41B | 184M | 326M | 401M | 409M | 205M | 204M | 350M | 692M | 873M | 950M | 824M | 1.1B | 1.32B |
| Accounts Receivable | 399M | 372M | 348M | 359M | 361M | 348M | 282M | 336M | 362M | 336M | 329M | 309M | 331M | 317M | 298M | 291M | 248M | 207M | 210M | 276M |
| Days Sales Outstanding | 15.49 | 14.76 | 14.01 | 13.9 | 14.91 | 12.73 | 12.02 | 13.08 | 14.38 | 13.16 | 12.47 | 11.16 | 12.53 | 11.71 | 10.58 | 10.03 | 11.79 | 10.46 | 11.34 | 13.02 |
| Inventory | 0 | 193M | 183M | 174M | 163M | 158M | 140M | 130M | 111M | 109M | 97M | 89M | 76M | 87M | 79M | 73M | 68M | 74M | 64M | 59M |
| Days Inventory Outstanding | - | 14.06 | 12.88 | 8.79 | 8.29 | 8.14 | 7.02 | 6.22 | 5.65 | 5.33 | 4.58 | 4.27 | 3.87 | 4.36 | 3.8 | 3.3 | 4.07 | 4.41 | 3.84 | 4.53 |
| Other Current Assets | 800M | 138M | 263M | 210M | 165M | 142M | 125M | 122M | 128M | 148M | 162M | 165M | 154M | 120M | 0 | 0 | 0 | 124M | 0 | 0 |
| Total Non-Current Assets | 13.24B | 15.39B | 13.19B | 13.1B | 12.91B | 12.58B | 12.07B | 11.91B | 11.56B | 13.17B | 11.44B | 11.25B | 11.13B | 12.53B | 10.72B | 10.55B | 10.53B | 11.6B | 10.38B | 10.22B |
| Property, Plant & Equipment | 0 | 11.88B | 11.87B | 11.77B | 11.56B | 11.21B | 10.95B | 10.87B | 10.52B | 10.27B | 10.04B | 9.91B | 9.79B | 9.81B | 9.75B | 9.64B | 9.62B | 9.54B | 9.54B | 9.42B |
| Fixed Asset Turnover | - | 0.19x | 0.20x | 0.20x | 0.19x | 0.21x | 0.22x | 0.23x | 0.21x | 0.23x | 0.24x | 0.26x | 0.24x | 0.25x | 0.26x | 0.25x | 0.18x | 0.19x | 0.21x | 0.16x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 415M | 413M | 407M | 399M | 399M | 394M | 388M | 383M | 349M | 346M | 333M | 310M | 298M | 258M | 269M | 274M | 284M | 283M | 264M |
| Long-Term Investments | 210M | 676M | 272M | 630M | 646M | 336M | 372M | 302M | 348M | 357M | 166M | 169M | 153M | 356M | 175M | 120M | 110M | 130M | 1M | 1M |
| Other Non-Current Assets | 13.03B | 2.42B | 631M | 290M | 302M | 642M | 355M | 352M | 311M | 719M | 886M | 836M | 871M | 668M | 536M | 517M | 523M | 438M | 551M | 533M |
| Total Assets | 16.61B | 18.63B | 16.6B | 16.9B | 17.1B | 16.84B | 16.63B | 13.99B | 13.72B | 15.33B | 13.41B | 13.48B | 13.23B | 14.45B | 13.33B | 13.54B | 13.8B | 14.85B | 14.07B | 14.41B |
| Asset Turnover | 0.13x | 0.13x | 0.14x | 0.14x | 0.13x | 0.14x | 0.15x | 0.18x | 0.15x | 0.16x | 0.17x | 0.20x | 0.17x | 0.17x | 0.19x | 0.18x | 0.12x | 0.13x | 0.14x | 0.11x |
| Asset Growth % | -2.87% | 10.6% | -0.16% | 20.8% | 24.63% | 9.85% | 23.97% | 3.8% | 3.73% | 6.13% | 0.62% | -0.46% | -4.17% | -2.7% | -5.25% | -6.05% | 1.05% | 10.74% | 4.73% | 2.77% |
| Total Current Liabilities | 4.82B | 4.4B | 4.19B | 4.32B | 4.14B | 3.88B | 3.75B | 3.89B | 4.02B | 3.63B | 3.72B | 3.89B | 4.01B | 3.75B | 3.9B | 4.07B | 4.03B | 3.42B | 3.57B | 3.97B |
| Accounts Payable | 728M | 655M | 589M | 633M | 648M | 619M | 612M | 660M | 647M | 641M | 691M | 699M | 626M | 532M | 600M | 585M | 624M | 499M | 575M | 530M |
| Days Payables Outstanding | 48.85 | 46.52 | 44.09 | 33.4 | 32.71 | 33.65 | 33.09 | 33.75 | 33.07 | 34.48 | 34.23 | 34.25 | 27.51 | 29.74 | 29.64 | 28.31 | 32.21 | 34.36 | 34.46 | 32.25 |
| Short-Term Debt | 810M | 690M | 703M | 711M | 384M | 392M | 363M | 457M | 442M | 424M | 272M | 271M | 263M | 651M | 524M | 428M | 381M | 461M | 391M | 432M |
| Deferred Revenue (Current) | 2B | 0 | 1.65B | 1.68B | 1.77B | 1.57B | 1.5B | 1.61B | 1.72B | 1.46B | 1.59B | 1.75B | 1.93B | 1.58B | 1.75B | 1.98B | 1.94B | 1.62B | 1.68B | 1.88B |
| Other Current Liabilities | 0 | 1.67B | 0 | 0 | 585M | 0 | 528M | 577M | 613M | 509M | 0 | 0 | 0 | 486M | 0 | 0 | 0 | 359M | 0 | 0 |
| Current Ratio | 0.70x | 0.74x | 0.82x | 0.88x | 1.01x | 1.10x | 1.21x | 0.54x | 0.54x | 0.60x | 0.53x | 0.57x | 0.52x | 0.51x | 0.67x | 0.74x | 0.81x | 0.95x | 1.03x | 1.06x |
| Quick Ratio | 0.70x | 0.69x | 0.77x | 0.84x | 0.97x | 1.06x | 1.18x | 0.50x | 0.51x | 0.57x | 0.50x | 0.55x | 0.50x | 0.49x | 0.65x | 0.72x | 0.80x | 0.93x | 1.02x | 1.04x |
| Cash Conversion Cycle | - | -17.7 | -17.2 | -10.71 | -9.51 | -12.77 | -14.05 | -14.45 | -13.05 | -15.99 | -17.18 | -18.83 | -11.11 | -13.66 | -15.26 | -14.98 | -16.34 | -19.48 | -19.29 | -14.7 |
| Total Non-Current Liabilities | 9.99B | 12.1B | 10.14B | 10.18B | 10.52B | 10.32B | 10.23B | 7.4B | 7.07B | 8.37B | 6.27B | 6.04B | 5.84B | 7.13B | 5.92B | 6.03B | 6.18B | 7.58B | 6.55B | 6.63B |
| Long-Term Debt | 8.52B | 8.2B | 7.77B | 7.5B | 7.97B | 8.15B | 7.87B | 5.48B | 5.19B | 4.41B | 3.73B | 3.49B | 3.32B | 3.09B | 3.23B | 3.39B | 3.54B | 3.65B | 3.76B | 4B |
| Capital Lease Obligations | 823M | 1.21B | 868M | 1.12B | 960M | 510M | 511M | 601M | 548M | 547M | 560M | 578M | 616M | 639M | 686M | 699M | 726M | 692M | 712M | 697M |
| Deferred Tax Liabilities | 427M | 2.5B | 486M | 544M | 566M | 633M | 674M | 694M | 689M | 2.22B | 750M | 774M | 692M | 2.17B | 790M | 742M | 702M | 2.05B | 882M | 830M |
| Other Non-Current Liabilities | 316M | -510M | 340M | 355M | 368M | 376M | 415M | -112M | -104M | 449M | 464M | 473M | 489M | 494M | 507M | 530M | 551M | 552M | 582M | 515M |
| Total Liabilities | 14.8B | 16.51B | 14.33B | 14.49B | 14.66B | 14.2B | 13.98B | 11.3B | 11.09B | 11.99B | 9.99B | 9.93B | 9.85B | 10.88B | 9.82B | 10.1B | 10.21B | 11B | 10.12B | 10.6B |
| Total Debt | 9.33B | 10.26B | 9.42B | 9.41B | 9.41B | 9.14B | 8.84B | 6.54B | 6.18B | 5.38B | 4.68B | 4.45B | 4.29B | 4.38B | 4.55B | 4.63B | 4.76B | 4.8B | 4.97B | 5.24B |
| Net Debt | 9.33B | 8.21B | 7.01B | 7.28B | 7.12B | 7.22B | 6.25B | 5.22B | 4.94B | 4.21B | 3.7B | 2.99B | 2.96B | 3.34B | 3.15B | 3.02B | 2.93B | 2.78B | 2.78B | 2.83B |
| Debt / Equity | 5.16x | 4.84x | 4.15x | 3.91x | 3.85x | 3.46x | 3.34x | 2.42x | 2.35x | 1.61x | 1.37x | 1.25x | 1.27x | 1.23x | 1.30x | 1.35x | 1.32x | 1.25x | 1.26x | 1.37x |
| Debt / EBITDA | - | 134.93x | 129.08x | 53.19x | - | 81.63x | 69.61x | 29.58x | - | 179.33x | - | 11.41x | - | 30.87x | 15.90x | 144.84x | - | - | 15.25x | 18.71x |
| Net Debt / EBITDA | - | 108.01x | 96.07x | 41.13x | - | 64.47x | 49.19x | 23.64x | - | 140.47x | - | 7.66x | - | 23.53x | 11.00x | 94.50x | - | - | 8.52x | 10.11x |
| Interest Coverage | -1.35x | -0.45x | -0.36x | 0.35x | -0.87x | 0.12x | -0.11x | 0.98x | -3.20x | -0.58x | -2.32x | 5.51x | -3.17x | 2.20x | 3.45x | -1.73x | -9.92x | -2.71x | 4.43x | -4.29x |
| Total Equity | 1.81B | 2.12B | 2.27B | 2.41B | 2.44B | 2.64B | 2.64B | 2.7B | 2.63B | 3.34B | 3.42B | 3.55B | 3.37B | 3.56B | 3.51B | 3.45B | 3.6B | 3.85B | 3.95B | 3.81B |
| Equity Growth % | -25.97% | -19.73% | -14.15% | -10.72% | -7.14% | -20.86% | -22.69% | -24.11% | -21.94% | -6.34% | -2.48% | 3.13% | -6.25% | -7.43% | -11.19% | -9.63% | -3.12% | -2.58% | 6.24% | -6.86% |
| Book Value per Share | 4.91 | 5.75 | 6.24 | 6.66 | 6.91 | 7.61 | 7.62 | 7.73 | 7.75 | 9.88 | 10.26 | 10.65 | 10.30 | 10.87 | 10.79 | 10.67 | 11.23 | 12.04 | 12.29 | 11.86 |
| Total Shareholders' Equity | 1.81B | 2.12B | 2.27B | 2.41B | 2.44B | 2.64B | 2.64B | 2.7B | 2.63B | 3.34B | 3.42B | 3.55B | 3.37B | 3.56B | 3.51B | 3.45B | 3.6B | 3.85B | 3.95B | 3.81B |
| Common Stock | 5M | 5M | 5M | 5M | 5M | 5M | 5M | 5M | 5M | 5M | 5M | 5M | 5M | 5M | 5M | 5M | 5M | 5M | 5M | 5M |
| Retained Earnings | 398M | 717M | 894M | 1.04B | 1.11B | 1.32B | 1.36B | 1.42B | 1.4B | 2.11B | 2.22B | 2.37B | 2.23B | 2.42B | 2.4B | 2.34B | 2.53B | 2.79B | 2.92B | 2.79B |
| Treasury Stock | -2.02B | -2.01B | -2.01B | -2.01B | -2.01B | -2B | -2B | -2B | -2B | -2B | -2B | -2B | -2B | -2B | -2B | -2B | -2B | -1.99B | -1.99B | -1.99B |
| Accumulated OCI | 0 | -1M | 2M | 7M | 7M | 2M | -3M | -1M | -1M | -4M | 4M | -6M | -5M | 0 | -5M | -2M | -1M | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |