Jetblue Airways (JBLU) Operating Margin (2009 - 2026)
Jetblue Airways (JBLU) posted quarterly Operating Margin of 5.23% for Q2 2026, down 548.0% year-over-year from 1.17% in Q2 2025, and up 47.72% quarter-over-quarter from 10.0% in Q1 2026.
Jetblue Airways (JBLU) Operating Margin (2009 - 2026) Analysis & Trends
Jetblue Airways (JBLU) has reported Operating Margin for 18 consecutive years, with 5.23% the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Margin fell 548.0% year-over-year to 5.23%; the TTM figure through Jun 2026 stood at 5.95% (down 387.0% YoY), while the FY2025 annual figure was 4.06%, up 331.0% from the prior year.
- Operating Margin improved to 5.23% in Q2 2026 per JBLU's latest filing, from 10.0% in the prior quarter.
- Across five years, Operating Margin topped out at 9.0% in Q2 2023 and bottomed at 32.55% in Q1 2024.
- Historically, Operating Margin has averaged 5.14% across 5 years, with a median of 4.38% in 2025.
- Annual changes were most pronounced in 2024 — Operating Margin tumbled 2215 bps — and 2025, when it jumped 2442 bps.
- Jetblue Airways' Operating Margin stood at 1.78% in 2022, then tumbled by 262 bps to 2.88% in 2023, then jumped by 124 bps to 0.7% in 2024, then tumbled by 734 bps to 4.46% in 2025, then slipped by 17 bps to 5.23% in 2026.
- Business Quant data shows JBLU's Operating Margin at 5.23% in Q2 2026, 10.0% in Q1 2026, and 4.46% in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.01 Bn | 48.34 Bn | 19.07 Bn | 9.43% |
| 2 | Ryanair Holdings | 28.78 Bn | 25.56 Bn | - | 12.63% |
| 3 | Southwest Airlines | 19.50 Bn | 15.71 Bn | 7.33 Bn | 3.38% |
| 4 | Copa Holdings | 5.30 Bn | 4.04 Bn | 1.03 Bn | 8.65% |
| 5 | Alaska Air | 4.46 Bn | 1.80 Bn | 3.76 Bn | -4.13% |
| 6 | Skywest | 3.98 Bn | 3.38 Bn | 1.01 Bn | 14.13% |
| 7 | Jetblue Airways | 1.79 Bn | -232.60 Mn | 2.32 Bn | -5.23% |
| 8 | Allegiant Travel | 1.75 Bn | 695.62 Mn | 902.77 Mn | 2.24% |
| 9 | Frontier Group Holdings | 1.33 Bn | 373.12 Mn | - | -7.58% |
| 10 | Republic Airways Holdings | 843.32 Mn | 565.72 Mn | 487.40 Mn | 10.28% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -5.23% |
| Mar 31, 2026 | -10.00% |
| Dec 31, 2025 | -4.46% |
| Sep 30, 2025 | -4.31% |
| Jun 30, 2025 | 0.25% |
| Mar 31, 2025 | -8.13% |
| Dec 31, 2024 | 0.70% |
| Sep 30, 2024 | -1.61% |
| Jun 30, 2024 | 2.35% |
| Mar 31, 2024 | -32.55% |
| Dec 31, 2023 | -2.88% |
| Sep 30, 2023 | -6.63% |
| Jun 30, 2023 | 9.00% |
| Mar 31, 2023 | -10.40% |
| Dec 31, 2022 | 1.78% |
| Sep 30, 2022 | 5.43% |
| Jun 30, 2022 | -4.62% |
| Mar 31, 2022 | -21.14% |
| Dec 31, 2021 | -6.49% |
| Sep 30, 2021 | 9.43% |