Filing Flows › Jetblue Airways (JBLU) › Q1 2026
Jetblue Airways (JBLU) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 28, 2026
Jetblue Airways (JBLU) reported revenue of $2.2B for the first quarter 2026 (Q1 2026), +5% from a year earlier and -0.2% from the quarter before. Operating margin was -10.0%, net loss $319M (14.2% of revenue).
Jetblue Airways, Q1 2026: revenue $2.2B (+5% year over year), operating margin -10.0%, net loss $319M, operating cash flow $120M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.2B | -0.2% | +5% |
| Operating profit | −$224M | — | — |
| Net earnings | −$319M | — | — |
| Operating cash flow | $120M | +145% | +5% |
What changed
Revenue was $2.2B in Q1 2026, up 5% year over year and roughly flat from the previous quarter. Passenger was the largest line at 91% of revenue. Passenger added $0.08B year over year (up 4%), 79% of the total change.
Operating costs exceeded revenue by $0.22B, an operating margin of -10.0%. Total costs grew 6% against revenue growth of 5%. The quarter ended with a net loss of $0.32B, wider than the previous quarter's $0.18B loss.
Operating cash flow was $0.12B (up 5% year over year). Non-cash charges added back $0.18B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.25B. Capital expenditures of $0.13B exceeded it, leaving free cash flow of −$0.01B.
Questions
What was Jetblue Airways' revenue in the first quarter 2026?
Jetblue Airways (JBLU) reported revenue of $2.2B for the first quarter 2026 (Q1 2026), +5% from a year earlier and -0.2% from the quarter before.
Was Jetblue Airways profitable in the first quarter 2026?
Operating loss was $224M (-10.0% of revenue) and net loss $319M.
Source: Jetblue Airways 10-Q on SEC EDGAR.