Jetblue Airways (JBLU) Gross Margin (2009 - 2026)
Jetblue Airways (JBLU) posted quarterly Gross Margin of 85.95% for 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.
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.
- In Q2 2026, Gross Margin rose 12.0% year-over-year to 85.95%; the TTM figure through Jun 2026 stood at 84.73% (down 44.0% YoY), while the FY2025 annual figure was 84.84%, down 3.0% from the prior year.
- Gross Margin improved to 85.95% in Q2 2026 per JBLU's latest filing, from 83.66% in the prior quarter.
- Across five years, Gross Margin topped out at 89.36% in Q4 2022 and bottomed at 80.76% in Q1 2022.
- Historically, Gross Margin has averaged 85.11% across 5 years, with a median of 85.14% in 2024.
- Annual changes were most pronounced in 2022 — Gross Margin soared 941 bps — and 2023, when it sank 433 bps.
- Jetblue Airways' Gross Margin stood at 89.36% in 2022, then retreated by 5 bps to 85.03% in 2023, then grew by 1 bps to 85.68% in 2024, then fell by 2 bps to 84.22% in 2025, then grew by 2 bps to 85.95% in 2026.
- Business Quant data shows JBLU's Gross Margin at 85.95% in Q2 2026, 83.66% in Q1 2026, and 84.22% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.01 Bn | 48.34 Bn | 19.07 Bn | 96.52% |
| 2 | Ryanair Holdings | 28.78 Bn | 25.56 Bn | - | - |
| 3 | Southwest Airlines | 19.50 Bn | 15.71 Bn | 7.33 Bn | 86.94% |
| 4 | Copa Holdings | 5.30 Bn | 4.04 Bn | 1.03 Bn | 97.11% |
| 5 | Alaska Air | 4.46 Bn | 1.80 Bn | 3.76 Bn | 92.57% |
| 6 | Skywest | 3.98 Bn | 3.38 Bn | 1.01 Bn | 91.70% |
| 7 | Jetblue Airways | 1.79 Bn | -232.60 Mn | 2.32 Bn | 85.95% |
| 8 | Allegiant Travel | 1.75 Bn | 695.62 Mn | 902.77 Mn | 95.68% |
| 9 | Frontier Group Holdings | 1.33 Bn | 373.12 Mn | - | - |
| 10 | Republic Airways Holdings | 843.32 Mn | 565.72 Mn | 487.40 Mn | 85.34% |
Historic Data
Download 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% |