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% quarter-over-quarter from -$36.0 million in Q4 2025.
Jetblue Airways (JBLU) Deferred Taxes (2009 - 2026) Analysis & Trends
Jetblue Airways (JBLU) has 18 years of Deferred Taxes data on file, last reported at -$20.0 million in Q1 2026.
- Deferred Taxes for Q1 2026 came in at -$20.0 million, up 70.15% year-over-year; the trailing twelve-month figure through Mar 2026 was -$136.0 million (down 10.57% YoY), and the FY2025 annual result was -$183.0 million, down 66.36% from the prior year.
- Deferred Taxes improved to -$20.0 million in Q1 2026 per JBLU's latest filing, from -$36.0 million in the prior quarter.
- Over five years, Deferred Taxes peaked at $82.0 million in Q2 2023 and troughed at -$141.0 million in Q1 2022.
- A 5-year average of -$24.3 million and a median of -$22.0 million in 2022 frame the typical range for Deferred Taxes.
- The sharpest annual moves came in 2022 and 2025: Deferred Taxes jumped 900.0% in 2022, then plunged 540.0% in 2025.
- A 5-year view of Deferred Taxes shows it stood at -$22.0 million in 2022, then surged by 68.18% to -$7.0 million in 2023, then plunged by 485.71% to -$41.0 million in 2024, then advanced by 12.2% to -$36.0 million in 2025, then jumped by 44.44% to -$20.0 million in 2026.
- Business Quant data shows JBLU's Deferred Taxes at -$20.0 million in Q1 2026, -$36.0 million in Q4 2025, and -$58.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryanair Holdings | 453.97 Bn | 448.50 Bn | 1.55 Bn | - |
| 2 | Delta Air Lines | 54.89 Bn | 49.84 Bn | 15.19 Bn | - |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 47.52 Bn | 46.49 Bn | -239.00 Mn | - |
| 4 | Southwest Airlines | 23.88 Bn | 20.55 Bn | 6.21 Bn | -57.00 Mn |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn | - |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn | 124.00 Mn |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn | - |
| 8 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 2.23 Bn | 2.23 Bn | - | 387.00 Mn |
| 9 | Jetblue Airways | 2.11 Bn | -62.86 Mn | 1.87 Bn | -20.00 Mn |
| 10 | Allegiant Travel | 1.82 Bn | 921.81 Mn | 651.87 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 |