Jetblue Airways Corp filed its 10-Q with the SEC, and its figures are now in our data. Revenue over the twelve months to Q3 2026 was $10.0 billion, which rose 9.9% on the year before. That growth rate was up 5.9 percentage points on the rate a quarter earlier.
Source: SEC EDGAR XBRL company facts. Latest period shown: FY26 Q3.
View chart data
| Period | Revenue growth, TTM YoY | Operating margin (TTM) | FCF margin (TTM) |
|---|---|---|---|
| FY24 Q4 | -3.5% | -7.4% | -14.4% |
| FY25 Q1 | -3.0% | -1.5% | -12.7% |
| FY25 Q2 | -1.9% | -2.1% | -12.5% |
| FY25 Q3 | -2.5% | -2.8% | -13.8% |
| FY25 Q4 | -2.3% | -4.1% | -12.9% |
| FY26 Q1 | -0.5% | -4.6% | -12.2% |
| FY26 Q2 | 4.0% | -5.9% | -11.4% |
| FY26 Q3 | 9.9% | -6.1% | -11.4% |
What stands out
Revenue grew 9.9% but the operating margin fell 3.3 percentage points: sales are rising faster than profit.
Profit and margins
The company is selling more but keeping less of each sale. The trailing operating margin was negative, at −6.1%, down 3.3 percentage points from a year earlier. The trailing net margin was negative, at −10.0%. The company made a net loss of $1.0 billion over the twelve months.
The cash picture
Operating cash flow over the twelve months was −$224.0 million. Capital spending was $911.0 million, or 9.1% of revenue. Alongside that, free cash flow, operating cash flow less capital spending, was −$1.1 billion. Free cash flow was −11.4% of revenue (the free-cash-flow margin), up 2.4 percentage points from a year earlier.
The share base
The share count is rising, so each share claims a smaller slice of the profit. The average diluted share count rose 4.7% over the year.
Against its own history
Set against the company’s own record: today’s free-cash-flow margin of −11.4% is higher than 37% of the company’s own past quarterly readings, which have ranged from −59.1% to 13.2%. Today’s operating margin of −6.1% is higher than 26% of past readings (−79.7% to 14.2%). Today’s twelve-month revenue growth rate of 9.9% is higher than 71% of past readings (−73.1% to 235.1%).
Next to watch
The next filing will show whether the trends above continue, slow or reverse.
