Jetblue Airways (JBLU) Gross Margin (2009 - 2026)
Jetblue Airways' (JBLU) quarterly Gross Margin came in at 83.66% in Q1 2026, down 78.0% year-on-year from 380.28% in Q1 2025, and down 0.67% on a QoQ basis from 84.22% in Q4 2025.
Jetblue Airways (JBLU) Gross Margin (2009 - 2026) Analysis & Trends
Jetblue Airways (JBLU) has 18 years of Gross Margin data on file, last reported at 83.66% in Q1 2026.
- On a quarterly basis, Gross Margin fell 78.0% year-over-year to 83.66% in Q1 2026; TTM through Mar 2026 was 84.65%, a 37.0% decrease from a year earlier, with the FY2025 full-year figure at 84.84%, down 3.0% from the prior year.
- Gross Margin for Q1 2026 stood at 83.66%, down from 84.22% in the prior quarter.
- Over the last five years, Gross Margin for JBLU reached as high as 89.36% in Q4 2022 and fell as low as 80.76% in Q1 2022.
- Historically, Gross Margin has averaged 85.06% across 5 years, with a median of 85.03% in 2023.
- Across the five-year window, Gross Margin jumped 941 bps in 2022 and tumbled 433 bps in 2023, its largest moves.
- Year by year, Gross Margin stood at 89.36% in 2022, then slipped by 5 bps to 85.03% in 2023, then rose by 1 bps to 85.68% in 2024, then decreased by 2 bps to 84.22% in 2025, then decreased by 1 bps to 83.66% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 83.66% in Q1 2026, 84.22% in Q4 2025, and 84.84% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Latam Airlines | 30,517.01 Bn | 30,514.34 Bn | 1.28 Mn | 0.03% |
| 2 | Ryanair Holdings | 61.45 Bn | 58.26 Bn | - | - |
| 3 | Delta Air Lines | 56.36 Bn | 51.69 Bn | 19.07 Bn | 96.52% |
| 4 | Southwest Airlines | 22.04 Bn | 18.25 Bn | 7.33 Bn | 86.94% |
| 5 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.85 Bn | 8.03 Bn | - | - |
| 6 | Copa Holdings | 5.67 Bn | 4.34 Bn | 713.71 Mn | 74.12% |
| 7 | Alaska Air | 5.37 Bn | 3.60 Bn | 3.20 Bn | 97.00% |
| 8 | Skywest | 4.30 Bn | 3.70 Bn | 1.01 Bn | 91.70% |
| 9 | Jetblue Airways | 2.00 Bn | 1.58 Bn | 1.87 Bn | 83.66% |
| 10 | Allegiant Travel | 1.80 Bn | 895.60 Mn | 651.87 Mn | 97.03% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 82.59% |