JetBlue Airways Corporation

NASDAQ•JBLU

CEO: Ms. Joanna L. Geraghty

Sector: Industrials

Industry: Airlines, Airports & Air Services

Listing Date: 2002-04-12

JetBlue Airways Corporation provides air transportation services. The company operates a fleet of Airbus A321, Airbus A220, Airbus A321neo, Airbus A320 Restyled, Airbus A320, Airbus A321 with Mint, Airbus A321neo with Mint, Airbus A321neoLR with Mint, and Embraer E190 aircraft. It also serves 100 destinations across the United States, the Caribbean and Latin America, Canada, and Europe. In addition, it operates airport lounges. The company was incorporated in 1998 and is based in Long Island City, New York.

Contact Information

27-01 Queens Plaza North, Long Island City, NY, 11101, United States

718-286-7900

www.jetblue.com

Market Cap

$1.90B

P/E (TTM)

-3.1

17.8

Dividend Yield

52W High

$6.53

52W Low

$3.34

52W Range

56%

Rank48Top 64.4%

3.3

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Weak • 3.3 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$2.24B-1.45%

4-Quarter Trend

EPS

-$0.48+269.23%

4-Quarter Trend

FCF

-$296.00M+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Significant Net Loss Reduction Net loss narrowed to $(602)M in 2025 from $(795)M in 2024, reflecting lower fuel costs and JetForward benefits.

Operating Expenses Decreased Total operating expenses fell 5.3% to $9.43B in 2025, driven by $286M lower fuel costs compared to prior year.

All-Airbus Fleet Achieved Completed Embraer E190 retirement in 2025, finalizing transition to cost-efficient, customer-focused all-Airbus fleet structure.

Healthy Liquidity Maintained Ended 2025 with $2.5B in liquidity, including cash, equivalents, and investments, supporting capital light growth strategy.

Risk Factors

Labor Costs and Union Risks Nearly 49% of crewmembers unionized; ongoing pilot contract negotiations may result in increased salaries, wages, and benefits costs.

Engine Groundings Impact Capacity Four aircraft grounded due to mandatory Pratt & Whitney engine inspections; expects mid-single digits groundings in 2026.

Competitive Pricing Pressures Yield Intense industry competition limits ability to raise fares; average fare dropped 0.4% while CASM ex-fuel rose 6.2%.

Long-Term Fleet Order Risk Existing aircraft commitments extend through 2033, potentially causing competitive disadvantage adopting new, evolving aircraft technology.

Outlook

JetForward Strategic Progress Continues Continue JetForward initiatives focusing on service reliability, expanding East Coast leisure network, and capturing premium revenue.

Domestic First Class Launch Plan domestic first-class experience rollout starting in 2026 across non-Mint fleet, majority complete by end of 2027.

United Partnership Enhancements Coming Blue Sky collaboration with United Airlines introduces reciprocal loyalty benefits, priority boarding, and standby starting March 2026.

Peer Comparison

Revenue (TTM)

MAN

$17.96B

+0.6%

JBLU

$9.06B

-2.3%

HTZ

$8.50B

-6.0%

Gross Margin (Latest Quarter)

ENOV

60.7%

+3.2pp

NSSC

58.6%

+0.7pp

PBI

55.1%

+0.8pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
CMBT	$3.28B	11.5	27.2%	66.2%
CMRE	$2.11B	5.8	16.9%	39.2%
JBLU	$1.90B	-3.1	-26.1%	55.1%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

1.6%

Moderate Growth

4Q Net Income CAGR

N/M

Profitability Shift

Cash Flow Stability

50%

Cash Flow Needs Attention

Deep Research

Next earnings:Apr 27, 2026

EPS:-

Revenue:-

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data