JetBlue Airways Corporation (JBLU) quarterly income statement — complete revenue, gross profit & net income 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 |
|---|
| Sales/Revenue | 2.24B | 2.24B | 2.32B | 2.36B | 2.14B | 2.28B | 2.37B | 2.43B | 2.21B | 2.33B | 2.35B | 2.61B | 2.33B | 2.42B | 2.56B | 2.44B | 1.74B | 1.83B | 1.97B | 1.5B |
| Revenue Growth % | 4.67% | -1.45% | -1.82% | -2.97% | -3.12% | -2.06% | 0.51% | -6.97% | -5.11% | -3.73% | -8.16% | 6.75% | 34.1% | 31.68% | 29.92% | 63.11% | 136.83% | 177.46% | 300.81% | 597.21% |
| Cost of Goods Sold | 1.27B | 1.23B | 1.27B | 1.75B | 1.74B | 1.68B | 1.77B | 1.76B | 1.77B | 1.78B | 1.87B | 1.76B | 1.89B | 1.75B | 1.84B | 1.94B | 1.57B | 1.44B | 1.48B | 1.28B |
| COGS % of Revenue | 56.88% | 54.81% | 54.91% | 74.07% | 81.45% | 73.91% | 74.76% | 72.57% | 80.22% | 76.43% | 79.39% | 67.43% | 81.36% | 72.51% | 71.78% | 79.47% | 90.38% | 78.41% | 74.8% | 85.19% |
| Gross Profit | 966M | 1.01B | 1.05B | 611M | 397M | 594M | 597M | 666M | 437M | 548M | 485M | 850M | 434M | 664M | 723M | 502M | 167M | 396M | 497M | 222M |
| Gross Margin % | 43.13% | 45.19% | 45.09% | 25.93% | 18.55% | 26.09% | 25.24% | 27.43% | 19.78% | 23.57% | 20.61% | 32.57% | 18.64% | 27.49% | 28.22% | 20.53% | 9.62% | 21.59% | 25.2% | 14.81% |
| Gross Profit Growth % | 143.32% | 70.71% | 75.38% | -8.26% | -9.15% | 8.39% | 23.09% | -21.65% | 0.69% | -17.47% | -32.92% | 69.32% | 159.88% | 67.68% | 45.47% | 126.13% | 174.22% | 337.13% | 260.32% | 150.23% |
| Operating Expenses | 1.19B | 1.11B | 1.15B | 605M | 571M | 578M | 635M | 609M | 1.16B | 615M | 641M | 615M | 676M | 621M | 584M | 615M | 534M | 515M | 311M | 75M |
| OpEx % of Revenue | 53.13% | 49.64% | 49.4% | 25.68% | 26.68% | 25.38% | 26.85% | 25.08% | 52.33% | 26.45% | 27.24% | 23.56% | 29.04% | 25.71% | 22.79% | 25.15% | 30.76% | 28.08% | 15.77% | 5% |
| Selling, General & Admin | 72M | 80M | 78M | 76M | 70M | 83M | 81M | 87M | 77M | 79M | 80M | 82M | 76M | 73M | 81M | 78M | 57M | 54M | 60M | 47M |
| SG&A % of Revenue | 3.21% | 3.57% | 3.36% | 3.23% | 3.27% | 3.65% | 3.42% | 3.58% | 3.49% | 3.4% | 3.4% | 3.14% | 3.26% | 3.02% | 3.16% | 3.19% | 3.28% | 2.94% | 3.04% | 3.14% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | -224M | -100M | -100M | 6M | -174M | 16M | -38M | 57M | -719M | -67M | -156M | 235M | -242M | 43M | 139M | -113M | -367M | -119M | 186M | 147M |
| Operating Margin % | -10% | -4.46% | -4.31% | 0.25% | -8.13% | 0.7% | -1.61% | 2.35% | -32.55% | -2.88% | -6.63% | 9% | -10.4% | 1.78% | 5.43% | -4.62% | -21.14% | -6.49% | 9.43% | 9.81% |
| Operating Income Growth % | -28.74% | -725% | -163.16% | -89.47% | 75.8% | 123.88% | 75.64% | -75.74% | -197.11% | -255.81% | -212.23% | 307.96% | 34.06% | 136.13% | -25.27% | -176.87% | -24.83% | 73.79% | 136.05% | 135.85% |
| EBITDA | -45M | 76M | 73M | 177M | -6M | 112M | 127M | 221M | -561M | 30M | 0 | 390M | -91M | 142M | 286M | 32M | -224M | -22M | 326M | 280M |
| EBITDA Margin % | -2.01% | 3.39% | 3.14% | 7.51% | -0.28% | 4.92% | 5.37% | 9.1% | -25.4% | 1.29% | - | 14.94% | -3.91% | 5.88% | 11.16% | 1.31% | -12.9% | -1.2% | 16.53% | 18.68% |
| EBITDA Growth % | -650% | -32.14% | -42.52% | -19.91% | 98.93% | 273.33% | - | -43.33% | -516.48% | -78.87% | -100% | 1118.75% | 59.38% | 745.45% | -12.27% | -88.57% | -32.54% | 94.05% | 184.02% | 203.7% |
| D&A (Non-Cash Add-back) | 179M | 176M | 173M | 171M | 168M | 96M | 165M | 164M | 158M | 97M | 156M | 155M | 151M | 99M | 147M | 145M | 143M | 97M | 140M | 133M |
| EBIT | -193M | -66M | -52M | 50M | -126M | 17M | -11M | 58M | -157M | -38M | -123M | 259M | -130M | 99M | 152M | -69M | -367M | -111M | 0 | -219M |
| Net Interest Income | -120M | -121M | -114M | -111M | -107M | -102M | -67M | -41M | -30M | -40M | -29M | -24M | -29M | -30M | -33M | -32M | -33M | -33M | -38M | -50M |
| Interest Income | 23M | 26M | 30M | 33M | 38M | 45M | 30M | 18M | 19M | 25M | 24M | 23M | 12M | 15M | 11M | 8M | 4M | 8M | 4M | 1M |
| Interest Expense | 143M | 147M | 144M | 144M | 145M | 147M | 97M | 59M | 49M | 65M | 53M | 47M | 41M | 45M | 44M | 40M | 37M | 41M | 42M | 51M |
| Other Income/Expense | -112M | -113M | -96M | -100M | -97M | -99M | -40M | -26M | -48M | -43M | -18M | -19M | -24M | -37M | -34M | -38M | -31M | -44M | 4M | -90M |
| Pretax Income | -336M | -213M | -196M | -94M | -271M | -83M | -78M | 31M | -767M | -110M | -174M | 216M | -266M | 6M | 105M | -151M | -398M | -163M | 190M | 57M |
| Pretax Margin % | -15% | -9.49% | -8.44% | -3.99% | -12.66% | -3.65% | -3.3% | 1.28% | -34.72% | -4.73% | -7.39% | 8.28% | -11.43% | 0.25% | 4.1% | -6.18% | -22.93% | -8.89% | 9.63% | 3.8% |
| Income Tax | -17M | -36M | -53M | -20M | -63M | -39M | -18M | 6M | -51M | -7M | -21M | 78M | -74M | -18M | 48M | 37M | -143M | -34M | 60M | -7M |
| Effective Tax Rate % | 5.06% | 16.9% | 27.04% | 21.28% | 23.25% | 46.99% | 23.08% | 19.35% | 6.65% | 6.36% | 12.07% | 36.11% | 27.82% | -300% | 45.71% | -24.5% | 35.93% | 20.86% | 31.58% | -12.28% |
| Net Income | -319M | -177M | -143M | -74M | -208M | -44M | -60M | 25M | -716M | -103M | -153M | 138M | -192M | 24M | 57M | -188M | -255M | -129M | 130M | 64M |
| Net Margin % | -14.24% | -7.89% | -6.16% | -3.14% | -9.72% | -1.93% | -2.54% | 1.03% | -32.41% | -4.43% | -6.5% | 5.29% | -8.25% | 0.99% | 2.22% | -7.69% | -14.69% | -7.03% | 6.59% | 4.27% |
| Net Income Growth % | -53.37% | -302.27% | -138.33% | -396% | 70.95% | 57.28% | 60.78% | -81.88% | -272.92% | -529.17% | -368.42% | 173.4% | 24.71% | 118.6% | -56.15% | -393.75% | -3.24% | 65.42% | 133.08% | 120% |
| Net Income (Continuing) | -319M | -177M | -143M | -74M | -208M | -44M | -60M | 25M | -716M | -103M | -153M | 138M | -192M | 24M | 57M | -188M | -255M | -129M | 130M | 64M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 |
| EPS (Diluted) | -0.87 | -0.48 | -0.39 | -0.20 | -0.59 | -0.13 | -0.17 | 0.07 | -2.11 | -0.30 | -0.46 | 0.41 | -0.59 | 0.07 | 0.18 | -0.58 | -0.80 | -0.40 | 0.40 | 0.20 |
| EPS Growth % | -47.46% | -269.23% | -129.41% | -379.33% | 72.04% | 56.67% | 63.04% | -82.54% | -257.63% | -509.84% | -355.56% | 170.69% | 26.25% | 118.3% | -55% | -390% | -2.56% | 70.15% | 127.78% | 116.95% |
| EPS (Basic) | -0.87 | -0.48 | -0.39 | -0.20 | -0.59 | -0.13 | -0.17 | 0.07 | -2.11 | -0.30 | -0.46 | 0.42 | -0.59 | 0.07 | 0.18 | -0.58 | -0.80 | -0.40 | 0.41 | 0.20 |
| Diluted Shares Outstanding | 368.5M | 368.5M | 363.7M | 361.3M | 353.7M | 346.9M | 346.9M | 348.9M | 339.7M | 337.8M | 333.3M | 333.6M | 327.6M | 327.8M | 325M | 323.1M | 320.5M | 319.6M | 321.3M | 321.5M |
| Basic Shares Outstanding | 368.5M | 368.5M | 363.7M | 361.3M | 353.7M | 346M | 346.9M | 345.1M | 339.7M | 337.8M | 333.3M | 331.9M | 327.6M | 326.4M | 323.9M | 323.1M | 320.5M | 319.6M | 318M | 317.7M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |