JetBlue Airways Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	8,336	8,617	9,008	8,586	5,609
Other Revenue	726	662	607	572	428
Revenue	9,062	9,279	9,615	9,158	6,037
Revenue Growth (YoY)	-2.34%	-3.50%	4.99%	51.70%	104.16%
Cost of Revenue	7,033	6,985	7,299	7,186	5,147
Gross Profit	2,029	2,294	2,316	1,972	890
Selling, General & Admin	305	328	316	289	183
Other Operating Expenses	1,374	1,404	1,412	1,283	1,080
Operating Expenses	2,367	2,387	2,349	2,157	1,803
Operating Income	-338	-93	-33	-185	-913
Interest Expense	-579	-350	-191	-148	-192
Interest & Investment Income	127	111	70	21	17
Other Non Operating Income (Expenses)	28	31	8	-3	-55
EBT Excluding Unusual Items	-762	-301	-146	-315	-1,143
Merger & Restructuring Charges	-28	-549	-92	-28	-
Gain (Loss) on Sale of Investments	18	-27	9	-9	47
Asset Writedown	-	-15	-	-52	-
Other Unusual Items	-2	-5	-105	-33	833
Pretax Income	-774	-897	-334	-437	-263
Income Tax Expense	-172	-102	-24	-75	-81
Net Income	-602	-795	-310	-362	-182
Net Income to Common	-602	-795	-310	-362	-182
Shares Outstanding (Basic)	362	346	333	324	318
Shares Outstanding (Diluted)	362	346	333	324	318
Shares Change (YoY)	4.65%	3.94%	2.87%	1.76%	14.59%
EPS (Basic)	-1.66	-2.30	-0.93	-1.12	-0.57
EPS (Diluted)	-1.66	-2.30	-0.93	-1.12	-0.57
Free Cash Flow	-1,216	-1,475	-806	-544	647
Free Cash Flow Per Share	-3.36	-4.26	-2.42	-1.68	2.04
Gross Margin	22.39%	24.72%	24.09%	21.53%	14.74%
Operating Margin	-3.73%	-1.00%	-0.34%	-2.02%	-15.12%
Profit Margin	-6.64%	-8.57%	-3.22%	-3.95%	-3.02%
Free Cash Flow Margin	-13.42%	-15.90%	-8.38%	-5.94%	10.72%
EBITDA	284	490	526	349	-418
EBITDA Margin	3.13%	5.28%	5.47%	3.81%	-6.92%
D&A For EBITDA	622	583	559	534	495
EBIT	-338	-93	-33	-185	-913
EBIT Margin	-3.73%	-1.00%	-0.34%	-2.02%	-15.12%
Revenue as Reported	9,062	9,279	9,615	9,158	6,037
Advertising Expenses	76	79	66	59	45

Source: S&P Global Market Intelligence. Standard template. Financial Sources.