NASDAQ$JBLU

JetBlue Airways Corp · Q3 2025 earnings

Q3 2025 earnings · · Before market open · Investor relations

Briefing

JetBlue reported Q3 2025 results with a diluted loss per share of $0.39 as unit revenue and cost trends pressured margins.

The quarter reflected continued focus on network refinement, cost discipline, and loyalty monetization amid competitive industry capacity.

  • Diluted loss per share $0.39.
  • Revenue per available seat mile and cost per ASM remain key.
  • Fleet and network adjustments support margin recovery goals.
  • Fuel prices and industry capacity affect near-term profitability.

Headline financials

Total Revenue

$2.32B

Previous: $2.37B-1.8%
EPS (adj)

-$0.39

Previous: -$0.17-129.4%
Average Stage Length (mi)

1.3K

Previous: 1.3K+1.5%
Operating Margin

-4.3%

Previous: -1.6%-168.7%
Pre-tax Margin

-8.4%

Previous: -3.3%-154.5%
Load Factor

85.1%

Previous: 86.6%-1.7%
Average Fare

$205.67

Previous: $207.46-0.9%
Yield per Passenger Mile

$14.86

Previous: $15.17-2.0%
Passenger Revenue per ASM

$12.65

Previous: $13.13-3.7%
Operating Revenue per ASM

$13.75

No prior period
Operating Expense per ASM

$14.34

Previous: $14.35-0.1%
CASM ex-Fuel

$11.02

Previous: $10.62+3.8%
Average Fuel Cost per Gallon

$2.49

Previous: $2.67-6.7%
Revenue Passengers

10.4M

Previous: 10.6M-2.0%
Revenue Passenger Miles

14.4B

Previous: 14.5B-0.8%
Available Seat Miles

16.9B

Previous: 16.7B+0.9%
Aircraft Utilization (hrs/day)

10.1

Previous: 10.2-1.0%
Departures

79.0K

Previous: 80.0K-1.3%
Avg. Operating Aircraft

287

Previous: 286+0.3%
Fuel Gallons Consumed

217.0M

Previous: 219.0M-0.9%
Fuel Efficiency (ASMs/gal)

78

Previous: 77+1.3%
Capital Expenditures

-$281M

Previous: -$285M+1.4%
Net Income

-$143M

Previous: -$60M-138.3%
Operating Income

-$100M

Previous: -$38M-163.2%
Gross Profit

$335M

Previous: -$781M+142.9%

Revenue & EPS history

JetBlue · Revenue · Quarterly

$2.32B

Q3 2025-1.8%vs Q3 2024
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

JetBlue · $1.74B total across 2 segments · Q1 2022

  • Passenger
    $1.6B+139.3%
  • Other
    $133M+111.1%

Forward guidance

The release discusses JetBlue Airways's outlook, capital allocation, and key risks for upcoming quarters, including guidance ranges or operating priorities where disclosed.

Tailwinds

  • JetBlue Airways cites demand and execution supporting the near-term outlook.
  • Liquidity and balance-sheet capacity support operations and shareholder returns.

Headwinds

  • Industry capacity and fuel costs remain headwinds to margin recovery.
  • Macro, input costs, and FX may pressure margins quarter to quarter.
  • Segment mix and one-time items can affect comparability versus prior periods.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

-2.3%

Avg return

Earnings day

-2.7%

Avg return

5 days after

+1.8%

Avg return

30 days after

40%

27 / 68 earnings

Positive

+13.3%

Q1 2020

Best reaction

-25.7%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.8%-1.6%+8.7%
Q4 2025-6.1%-4.1%+14.2%
Q3 2025-12.3%-11.0%-4.2%
Q1 2025+2.7%+17.0%+24.3%
Q4 2024-25.7%-18.7%-19.7%
Q3 2024-23.1%-21.2%-18.6%
Q2 2024+8.1%-6.2%-15.9%
Q1 2024-21.3%-23.0%-25.4%
Q4 2023-3.5%+4.4%+17.8%
Q3 2023-12.1%+4.5%+5.2%
Q2 2023-11.2%-14.0%-23.8%
Q1 2023+0.9%+4.7%+0.1%
Q4 2022-5.2%-4.9%-3.1%
Q3 2022-1.1%+2.9%+5.2%
Q2 2022+0.0%+1.0%-10.4%
Q1 2022-14.0%-15.7%-18.8%
Q4 2021+2.9%+10.1%+14.9%
Q3 2021-4.4%-4.8%-1.9%
Q2 2021-4.7%-8.0%-5.6%
Q1 2021-2.7%-1.0%-0.1%
Q4 2020-2.3%-1.7%+25.5%
Q3 2020-11.5%-4.7%+26.0%
Q2 2020-2.7%+1.1%+13.4%
Q1 2020+13.3%+0.5%+70.7%
Q4 2019+4.3%+2.4%+4.1%
Q3 2019+7.8%+7.1%+6.3%
Q2 2019+3.2%+2.2%-5.0%
Q1 2019+8.1%+7.7%+4.5%
Q4 2018+2.7%+5.1%-0.1%
Q3 2018-4.5%-1.8%+8.9%
Q2 2018-13.1%-8.9%-4.6%
Q1 2018-3.7%-3.2%-4.4%
Q4 2017-7.0%-6.3%-3.3%
Q3 2017-0.8%-2.5%+0.1%
Q2 2017-3.0%-3.1%-15.0%
Q1 2017+2.3%+0.4%+4.9%
Q4 2016-9.7%-9.9%-10.1%
Q3 2016-6.4%-7.9%+11.9%
Q2 2016+7.4%+6.1%-7.3%
Q1 2016+1.1%
Q4 2015+0.3%
Q3 2015-6.0%
Q2 2015+2.6%
Q1 2015+5.2%
Q4 2014+6.5%
Q3 2014-2.0%
Q2 2014+1.2%
Q1 2014-7.8%
Q4 2013+2.8%
Q3 2013-4.2%
Q2 2013-1.7%
Q1 2013-3.6%
Q4 2012+1.0%
Q3 2012+0.4%
Q2 2012-1.3%
Q1 2012-0.2%
Q4 2008-1.2%
Q4 2011-1.2%
Q3 2011+3.5%
Q2 2011-3.4%
Q1 2011+1.7%
Q4 2010+0.9%
Q3 2010+1.0%
Q3 2009+1.0%
Q4 2009-1.9%
Q2 2009-1.9%
Q2 2010-1.9%
Q1 2010-0.9%

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