Jetblue Airways (JBLU) Operating Margin (2009 - 2026)
Jetblue Airways' Operating Margin came in at -5.23% for Q2 2026, down 5.48 percentage points from 0.25% a year earlier but up 4.77 percentage points from the prior quarter.
Jetblue Airways (JBLU) Operating Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Jetblue Airways reported Operating Margin of -5.95%, down 3.87 percentage points year-over-year; for FY2025, it was -4.06%, up 3.31 percentage points from FY2024.
- Operating Margin carries a five-year change of +53.90 percentage points (FY2020 to FY2025).
- Going back by year, Operating Margin was -7.37% in FY2024 (-4.98 pp), -2.39% in FY2023 (+0.86 pp), -3.25% in FY2022 (-1.93 pp) and -1.33% in FY2021 (+56.64 pp).
- The five-year range for quarterly Operating Margin is -32.55% (Q1 2024) to 9.43% (Q3 2021).
- Year-over-year, Operating Margin has declined for five consecutive quarters, with an average year-over-year change of +1.97 percentage points over the last eight quarters.
- The fastest year-over-year change in Operating Margin over five years came in Q3 2021 (a gain of 114.31 percentage points), and the weakest in Q1 2024 (a drop of 22.15 percentage points).
- Business Quant data shows JBLU's Operating Margin at -10.00% (Q1 2026), -4.46% (Q4 2025) and -4.31% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 170.80 Bn | 165.33 Bn | - | 40.25% |
| 2 | Csx | 89.17 Bn | 85.38 Bn | - | 38.27% |
| 3 | United Parcel Service | 83.81 Bn | 60.70 Bn | - | 4.07% |
| 4 | Canadian Pacific Kansas City | 77.31 Bn | 76.33 Bn | - | 35.35% |
| 5 | Norfolk Southern | 73.23 Bn | 67.87 Bn | - | 32.44% |
| 6 | Fedex | 70.82 Bn | 36.77 Bn | - | 6.20% |
| 7 | Delta Air Lines | 50.27 Bn | 32.46 Bn | - | 7.20% |
| 8 | Old Dominion Freight Line | 39.09 Bn | 38.36 Bn | - | 29.94% |
| 9 | United Airlines Holdings | 31.83 Bn | -24.55 Bn | - | 6.20% |
| 10 | Jetblue Airways | 1.10 Bn | -7.87 Bn | - | -5.23% |
Historic 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% |
Jetblue Airways Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=JBLU&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "JBLU", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=JBLU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();