Filing Flows › Jetblue Airways (JBLU) › Q1 2025
Jetblue Airways (JBLU) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 29, 2025
Jetblue Airways (JBLU) reported revenue of $2.1B for the first quarter 2025 (Q1 2025), -3% from a year earlier and -6% from the quarter before. Operating margin was -8.1%, net loss $208M (9.7% of revenue).
Jetblue Airways, Q1 2025: revenue $2.1B (-3% year over year), operating margin -8.1%, net loss $208M, operating cash flow $114M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.1B | -6% | -3% |
| Operating profit | −$174M | — | — |
| Net earnings | −$208M | — | — |
| Operating cash flow | $114M | — | -44% |
What changed
Revenue was $2.1B in Q1 2025, down 3% year over year and down 6% from the previous quarter. Passenger was the largest line at 92% of revenue. Passenger lost $0.09B year over year (down 4%), 125% of the total change.
Operating costs exceeded revenue by $0.17B, an operating margin of -8.1%. Total costs fell 21% while revenue fell 3%. The quarter ended with a net loss of $0.21B, wider than the previous quarter's $0.04B loss.
Operating cash flow was $0.11B (down 44% year over year). Non-cash charges added back $0.17B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.14B. Capital expenditures of $0.18B exceeded it, leaving free cash flow of −$0.06B.
Questions
What was Jetblue Airways' revenue in the first quarter 2025?
Jetblue Airways (JBLU) reported revenue of $2.1B for the first quarter 2025 (Q1 2025), -3% from a year earlier and -6% from the quarter before.
Was Jetblue Airways profitable in the first quarter 2025?
Operating loss was $174M (-8.1% of revenue) and net loss $208M.
Source: Jetblue Airways 10-Q on SEC EDGAR.