Jetblue Airways (JBLU) Gross Margin (2009 - 2026)
Jetblue Airways (JBLU) reported Gross Margin of 83.66% for Q1 2026, up 754.0% year-over-year from 9.8% in Q1 2025, and down 13.25% quarter-over-quarter from 96.43% 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.
- Gross Margin for Q1 2026 came in at 83.66%, up 754.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 87.64% (up 165.0% YoY), and the FY2025 annual result was 96.63%, up 1177.0% from the prior year.
- Gross Margin fell to 83.66% in Q1 2026 per JBLU's latest filing, from 96.43% in the prior quarter.
- Over five years, Gross Margin peaked at 118.93% in Q4 2024 and troughed at 10.39% in Q4 2022.
- A 5-year average of 76.53% and a median of 83.66% in 2026 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2024: Gross Margin slumped 3781 bps in 2022, then surged 9390 bps in 2024.
- A 5-year view of Gross Margin shows it stood at 10.39% in 2022, then jumped by 141 bps to 25.03% in 2023, then jumped by 375 bps to 118.93% in 2024, then retreated by 19 bps to 96.43% in 2025, then fell by 13 bps to 83.66% in 2026.
- Business Quant data shows JBLU's Gross Margin at 83.66% in Q1 2026, 96.43% in Q4 2025, and 84.84% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryanair Holdings | 453.97 Bn | 448.50 Bn | 1.55 Bn | 52.58% |
| 2 | Delta Air Lines | 54.89 Bn | 49.84 Bn | 15.19 Bn | 95.80% |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 47.52 Bn | 46.49 Bn | -239.00 Mn | -314.47% |
| 4 | Southwest Airlines | 23.88 Bn | 20.55 Bn | 6.21 Bn | 85.69% |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn | 74.12% |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn | 97.00% |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn | 91.21% |
| 8 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 2.23 Bn | 2.23 Bn | - | - |
| 9 | Jetblue Airways | 2.11 Bn | -62.86 Mn | 1.87 Bn | 83.66% |
| 10 | Allegiant Travel | 1.82 Bn | 921.81 Mn | 651.87 Mn | 97.03% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 83.66% |
| Dec 31, 2025 | 96.43% |
| Sep 30, 2025 | 84.84% |
| Jun 30, 2025 | 85.82% |
| Mar 31, 2025 | 76.12% |
| Dec 31, 2024 | 118.93% |
| Sep 30, 2024 | 75.31% |
| Jun 30, 2024 | 74.22% |
| Mar 31, 2024 | 83.75% |
| Dec 31, 2023 | 25.03% |
| Sep 30, 2023 | 70.21% |
| Jun 30, 2023 | 96.86% |
| Mar 31, 2023 | 66.28% |
| Dec 31, 2022 | 10.39% |
| Sep 30, 2022 | 86.61% |
| Jun 30, 2022 | 85.77% |
| Mar 31, 2022 | 80.76% |
| Dec 31, 2021 | 48.20% |
| Sep 30, 2021 | 84.94% |
| Jun 30, 2021 | 82.59% |