Jetblue Airways (JBLU) Operating Margin (2009 - 2026)
Jetblue Airways (JBLU) reported Operating Margin of 10.0% for Q1 2026, down 187.0% year-over-year from 11.49% in Q1 2025, and down 124.4% quarter-over-quarter from 4.46% in Q4 2025.
Jetblue Airways (JBLU) Operating Margin (2009 - 2026) Analysis & Trends
Jetblue Airways (JBLU) has 18 years of Operating Margin data on file, last reported at 10.0% in Q1 2026.
- Operating Margin for Q1 2026 came in at 10.0%, down 187.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 4.56% (down 305.0% YoY), and the FY2025 annual result was 4.06%, up 331.0% from the prior year.
- Operating Margin slipped to 10.0% in Q1 2026 per JBLU's latest filing, from 4.46% in the prior quarter.
- Over five years, Operating Margin peaked at 9.0% in Q2 2023 and troughed at 32.55% in Q1 2024.
- A 5-year average of 5.13% and a median of 4.31% in 2025 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2024 and 2025: Operating Margin tumbled 2215 bps in 2024, then jumped 2442 bps in 2025.
- A 5-year view of Operating Margin shows it stood at 1.78% in 2022, then slumped by 262 bps to 2.88% in 2023, then soared by 124 bps to 0.7% in 2024, then slumped by 734 bps to 4.46% in 2025, then slumped by 124 bps to 10.0% in 2026.
- Business Quant data shows JBLU's Operating Margin at 10.0% in Q1 2026, 4.46% in Q4 2025, and 4.31% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryanair Holdings | 437.97 Bn | 432.49 Bn | 1.55 Bn | -20.08% |
| 2 | Delta Air Lines | 53.44 Bn | 48.39 Bn | 15.19 Bn | 3.16% |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 47.52 Bn | 46.49 Bn | -239.00 Mn | 186.84% |
| 4 | Southwest Airlines | 22.06 Bn | 18.73 Bn | 6.21 Bn | 4.55% |
| 5 | Copa Holdings | 5.71 Bn | 4.38 Bn | 713.71 Mn | 21.77% |
| 6 | Alaska Air | 5.32 Bn | 3.55 Bn | 3.20 Bn | -8.45% |
| 7 | Skywest | 3.57 Bn | 2.95 Bn | 924.11 Mn | 12.21% |
| 8 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 1.89 Bn | 1.89 Bn | - | -2.73% |
| 9 | Jetblue Airways | 1.85 Bn | -320.56 Mn | 1.87 Bn | -10.00% |
| 10 | Allegiant Travel | 1.57 Bn | 668.37 Mn | 651.87 Mn | 12.07% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 9.81% |