Jetblue Airways (JBLU) Gross Margin (2009 - 2026)
Jetblue Airways' (JBLU) quarterly Gross Margin came in at 85.95% in Q2 2026, up 12.0% year-over-year from 76.74% in Q2 2025, and up 2.73% quarter-over-quarter from 83.66% in Q1 2026.
Analysis
Jetblue Airways (JBLU) Gross Margin (2009 - 2026) Analysis & Trends
Jetblue Airways (JBLU) has reported Gross Margin for 18 consecutive years, with 85.95% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin rose 12.0% year-over-year to 85.95% in Q2 2026; TTM through Jun 2026 was 84.73%, a 44.0% decrease from a year earlier, with the FY2025 full-year figure at 84.84%, down 3.0% from the prior year.
- Gross Margin was 85.95% for Q2 2026 at Jetblue Airways, up from 83.66% in the prior quarter.
- Over five years, Gross Margin peaked at 89.36% in Q4 2022 and troughed at 80.76% in Q1 2022.
- A 5-year average of 85.11% and a median of 85.14% in 2024 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin surged 941 bps in 2022 and slumped 433 bps in 2023, its largest moves.
- Over 5 years, Gross Margin stood at 89.36% in 2022, then declined by 5 bps to 85.03% in 2023, then advanced by 1 bps to 85.68% in 2024, then dropped by 2 bps to 84.22% in 2025, then advanced by 2 bps to 85.95% in 2026.
- The last three Gross Margin figures came in at 85.95% (Q2 2026), 83.66% (Q1 2026), and 84.22% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 52.71 Bn | 48.04 Bn | 19.07 Bn | 96.52% |
| 2 | Ryanair Holdings | 28.90 Bn | 24.96 Bn | - | - |
| 3 | Southwest Airlines | 19.37 Bn | 15.58 Bn | 7.33 Bn | 86.94% |
| 4 | Copa Holdings | 5.44 Bn | 4.18 Bn | 1.03 Bn | 97.11% |
| 5 | Alaska Air | 4.69 Bn | 2.03 Bn | 3.76 Bn | 92.57% |
| 6 | Skywest | 3.85 Bn | 3.25 Bn | 1.01 Bn | 91.70% |
| 7 | Grupo Aeromexico, S.A.B. de C.V | 2.30 Bn | 1.27 Bn | - | - |
| 8 | Allegiant Travel | 2.14 Bn | 1.08 Bn | 902.77 Mn | 95.68% |
| 9 | Jetblue Airways | 1.75 Bn | -274.49 Mn | 2.32 Bn | 85.95% |
| 10 | Frontier Group Holdings | 1.37 Bn | 416.98 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 85.95% |
| Mar 31, 2026 | 83.66% |
| Dec 31, 2025 | 84.22% |
| Sep 30, 2025 | 84.84% |
| Jun 30, 2025 | 85.82% |
| Mar 31, 2025 | 84.44% |
| Dec 31, 2024 | 85.68% |
| Sep 30, 2024 | 84.69% |
| Jun 30, 2024 | 85.26% |
| Mar 31, 2024 | 83.75% |
| Dec 31, 2023 | 85.03% |
| Sep 30, 2023 | 84.15% |
| Jun 30, 2023 | 86.44% |
| Mar 31, 2023 | 85.52% |
| Dec 31, 2022 | 89.36% |
| Sep 30, 2022 | 86.61% |
| Jun 30, 2022 | 85.77% |
| Mar 31, 2022 | 80.76% |
| Dec 31, 2021 | 82.99% |
| Sep 30, 2021 | 84.94% |