Jetblue Airways (JBLU) Operating Margin (2009 - 2026)
Jetblue Airways' (JBLU) quarterly Operating Margin came in at 5.23% in 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.
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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.
- On a quarterly basis, Operating Margin fell 548.0% year-over-year to 5.23% in Q2 2026; TTM through Jun 2026 was 5.95%, a 387.0% decrease from a year earlier, with the FY2025 full-year figure at 4.06%, up 331.0% from the prior year.
- Operating Margin was 5.23% for Q2 2026 at Jetblue Airways, up from 10.0% 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 5.14% and a median of 4.38% in 2025 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin plunged 2215 bps in 2024 and soared 2442 bps in 2025, its largest moves.
- Over 5 years, Operating Margin stood at 1.78% in 2022, then tumbled by 262 bps to 2.88% in 2023, then surged by 124 bps to 0.7% in 2024, then tumbled by 734 bps to 4.46% in 2025, then retreated by 17 bps to 5.23% in 2026.
- The last three Operating Margin figures came in at 5.23% (Q2 2026), 10.0% (Q1 2026), and 4.46% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 52.71 Bn | 48.04 Bn | 19.07 Bn | 9.43% |
| 2 | Ryanair Holdings | 28.90 Bn | 24.96 Bn | - | 13.12% |
| 3 | Southwest Airlines | 19.37 Bn | 15.58 Bn | 7.33 Bn | 3.38% |
| 4 | Copa Holdings | 5.44 Bn | 4.18 Bn | 1.03 Bn | 8.65% |
| 5 | Alaska Air | 4.69 Bn | 2.03 Bn | 3.76 Bn | -4.13% |
| 6 | Skywest | 3.85 Bn | 3.25 Bn | 1.01 Bn | 14.13% |
| 7 | Grupo Aeromexico, S.A.B. de C.V | 2.30 Bn | 1.27 Bn | - | 4.60% |
| 8 | Allegiant Travel | 2.14 Bn | 1.08 Bn | 902.77 Mn | 2.24% |
| 9 | Jetblue Airways | 1.75 Bn | -274.49 Mn | 2.32 Bn | -5.23% |
| 10 | Frontier Group Holdings | 1.37 Bn | 416.98 Mn | - | -7.58% |
Historic Data
Download Data
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% |