Jetblue Airways (JBLU) Deferred Taxes (2009 - 2026)
Jetblue Airways (JBLU) reported Deferred Taxes of -$20.0 million for Q1 2026, up 70.15% year-over-year from -$11.8 million in Q1 2025, and up 44.44% on a QoQ basis from -$36.0 million in Q4 2025.
Jetblue Airways (JBLU) has 18 years of Deferred Taxes data on file, last reported at -$20.0 million in Q1 2026.
- Quarterly Deferred Taxes rose 70.15% year-over-year to -$20.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$136.0 million (down 10.57% YoY) and the FY2025 annual result came in at -$183.0 million, down 66.36% from the prior year.
- Deferred Taxes rose to -$20.0 million in Q1 2026 per JBLU's latest filing, from -$36.0 million in the prior quarter.
- Across five years, Deferred Taxes topped out at $82.0 million in Q2 2023 and bottomed at -$141.0 million in Q1 2022.
- The 5-year median for Deferred Taxes is -$22.0 million (2022), against an average of -$24.3 million.
- The widest annual swing landed in 2022, when Deferred Taxes surged 900.0%; it then slumped 540.0% in 2025.
- Tracing JBLU's Deferred Taxes over 5 years: stood at -$22.0 million in 2022, then soared by 68.18% to -$7.0 million in 2023, then slumped by 485.71% to -$41.0 million in 2024, then rose by 12.2% to -$36.0 million in 2025, then surged by 44.44% to -$20.0 million in 2026.
- Per Business Quant, the three latest JBLU Deferred Taxes figures stand at -$20.0 million (Q1 2026), -$36.0 million (Q4 2025), and -$58.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.78 Bn | 48.72 Bn | 15.19 Bn | - |
| 2 | Southwest Airlines | 21.39 Bn | 18.06 Bn | 6.21 Bn | -57.00 Mn |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 18.50 Bn | 17.47 Bn | -239.00 Mn | - |
| 4 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.98 Bn | 8.98 Bn | - | 387.00 Mn |
| 5 | Alaska Air | 5.26 Bn | 3.49 Bn | 3.20 Bn | 124.00 Mn |
| 6 | Skywest | 3.43 Bn | 2.80 Bn | 924.11 Mn | - |
| 7 | Copa Holdings | 3.33 Bn | 1.99 Bn | 713.71 Mn | - |
| 8 | Jetblue Airways | 2.03 Bn | -140.72 Mn | 1.87 Bn | -20.00 Mn |
| 9 | Allegiant Travel | 1.67 Bn | 765.78 Mn | 651.87 Mn | - |
| 10 | Frontier Group Holdings | 1.39 Bn | 618.26 Mn | 724.00 Mn | -9.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -20.00 Mn |
| Dec 31, 2025 | -36.00 Mn |
| Sep 30, 2025 | -58.00 Mn |
| Jun 30, 2025 | -22.00 Mn |
| Mar 31, 2025 | -67.00 Mn |
| Dec 31, 2024 | -41.00 Mn |
| Sep 30, 2024 | -20.00 Mn |
| Jun 30, 2024 | 5.00 Mn |
| Mar 31, 2024 | -54.00 Mn |
| Dec 31, 2023 | -7.00 Mn |
| Sep 30, 2023 | -24.00 Mn |
| Jun 30, 2023 | 82.00 Mn |
| Mar 31, 2023 | -78.00 Mn |
| Dec 31, 2022 | -22.00 Mn |
| Sep 30, 2022 | 50.00 Mn |
| Jun 30, 2022 | 40.00 Mn |
| Mar 31, 2022 | -141.00 Mn |
| Dec 31, 2021 | -48.00 Mn |
| Sep 30, 2021 | 53.00 Mn |
| Jun 30, 2021 | 4.00 Mn |
| Mar 31, 2021 | -97.00 Mn |
| Dec 31, 2020 | 22.00 Mn |
| Sep 30, 2020 | -153.00 Mn |
| Jun 30, 2020 | -115.00 Mn |
| Mar 31, 2020 | -83.00 Mn |
| Dec 31, 2019 | 52.00 Mn |
| Sep 30, 2019 | 41.00 Mn |
| Jun 30, 2019 | 35.00 Mn |
| Mar 31, 2019 | 11.00 Mn |
| Dec 31, 2018 | 91.00 Mn |
| Sep 30, 2018 | 35.00 Mn |
| Jun 30, 2018 | -51.00 Mn |
| Mar 31, 2018 | 15.00 Mn |
| Dec 31, 2017 | -514.00 Mn |
| Sep 30, 2017 | 98.00 Mn |
| Jun 30, 2017 | 79.00 Mn |
| Mar 31, 2017 | 28.00 Mn |
| Dec 31, 2016 | 47.00 Mn |
| Sep 30, 2016 | 82.00 Mn |
| Jun 30, 2016 | 65.00 Mn |
| Mar 31, 2016 | 57.00 Mn |
| Dec 31, 2015 | 176.00 Mn |
| Sep 30, 2015 | 70.00 Mn |
| Jun 30, 2015 | 69.00 Mn |
| Mar 31, 2015 | 62.00 Mn |
| Dec 31, 2014 | 55.00 Mn |
| Sep 30, 2014 | 50.00 Mn |
| Jun 30, 2014 | 105.00 Mn |
| Mar 31, 2014 | 2.00 Mn |
| Dec 31, 2013 | 29.00 Mn |
| Sep 30, 2013 | 47.00 Mn |
| Jun 30, 2013 | 22.00 Mn |
| Mar 31, 2013 | 9.00 Mn |
| Dec 31, 2012 | -3.00 Mn |
| Sep 30, 2012 | 29.00 Mn |
| Jun 30, 2012 | 33.00 Mn |
| Mar 31, 2012 | 17.00 Mn |
| Dec 31, 2011 | 16.00 Mn |
| Sep 30, 2011 | 21.00 Mn |
| Jun 30, 2011 | 19.00 Mn |
| Mar 31, 2011 | 2.00 Mn |
| Dec 31, 2010 | 3.00 Mn |
| Sep 30, 2010 | 39.00 Mn |
| Dec 31, 2009 | 8.00 Mn |
| Sep 30, 2009 | 9.00 Mn |