JetBlue Reports Fourth Quarter 2025 Net Loss of $177 Million or $0.48 per Diluted Share

JetBlue has reported a fourth quarter 2025 net loss of ($177) million or (0.48) per diluted share on a year-over-year decrease in revenue of (1.5) percent to 2.24 billion.  At December 31, 2025, the company had $2.5 billion in liquidity, excluding a $600 million credit facility.

JetBlue Reports Fourth Quarter and Full Year 2025 Financial Results - Courtesy JetBlue

On Tuesday (January 27, 2026), JetBlue reported their fourth quarter and full year financial results for the period ending December 31, 2025.  The carrier reported a fourth quarter 2025 net loss of ($177) million or (0.48) per diluted share on a year-over-year decrease in revenue of (1.5) percent to 2.24 billion.  JetBlue’s Q4 total revenue per available seat mile (TRASM) increased 0.2 percent versus the same period last year to 14.13 cents, while cost per available seat mile (CASM) increased year-over-year by 5.4 percent to 14.76 cents.  JetBlue’s fourth quarter costs excluding fuel (CASM-ex) increased 6.7 percent compared to Q4 2024 to 11.49 cents.  At December 31, 2025, the company had $2.5 billion in liquidity, excluding a $600 million credit facility.

In Tuesday’s announcement, JetBlue’s CEO, Joanna Geraghty, said,

“2025 marked a meaningful step forward for JetBlue.  In the first full year of JetForward, we made measurable progress improving reliability, strengthening customer satisfaction, and advancing our strategic priorities, even amid a challenging operating environment.  While macroeconomic uncertainty impeded our return to profitability in 2025, we have proof points JetForward is working and positioning us for improved financial performance in 2026.  I want to thank our 23,000 crewmembers, your commitment to caring for our customers and each other, despite many unexpected challenges we faced throughout the year, is truly inspiring.”

Also commenting on the carrier’s 2025 financial results, JetBlue’s President, Marty St. George, added,

“We saw strong underlying demand during the quarter and I’m very encouraged this momentum has carried forward into early 2026.  Additionally, I am optimistic the constructive macroeconomic environment and industry capacity backdrop entering the year will support continued improvement.  We have many exciting initiatives rolling out this year, including executing critical implementation milestones for our Blue Sky collaboration with United, opening our Boston lounge and rolling out domestic first class.”

For the full year 2025, JetBlue reported a net loss of ($602) million or ($1.66) per diluted share on a year-over-year decline in revenue of (2.3) percent t0 $9.0 billion.  JetBlue’s full year total revenue per available seat mile (TRASM) decreased (0.7) percent to 13.94 cents, while cost per available seat mile (CASM) declined (3.8) percent to 14.51 cents.  JetBlue’s full year costs excluding fuel (CASM-ex) increased 6.2 percent compared to FY 2024 to 11.20 cents.

JetBlue's Fourth Quarter and Full Year 2025 Financial Results - Courtesy JetBlue

JetBlue is ‘New York’s Hometown Airline®’ and a leading carrier in Boston (BOS), Fort Lauderdale (FLL), Los Angeles (LAX), Orlando (MCO) and San Juan (SJU).  The airline carries guests to over 100 destinations across the U.S., Caribbean, Latin America, and Europe.  JetBlue Airways Corporation trades on the NASDAQ under the ticker symbol JBLU.

Source: JetBlue/Business Wire