JetBlue Reports Second Quarter 2026 Net Loss of $247 Million or $0.66 per Diluted Share
- Joe Breitfeller
- 4 minutes ago
- 2 min read
JetBlue has reported a second quarter 2026 net loss of $247 million or ($0.66) per diluted share on a year-over-year increase in revenue of 14.5 percent to $2.7 billion. The carrier ended the period with $2.17 billion in cash, cash equivalents, and securities.
On Tuesday (July 28, 2026), JetBlue reported their second quarter financial results for the period ending June 30, 2026. The carrier reported a second quarter net loss of $247 million or ($0.66) per diluted share on a year-over-year increase in revenue of 14.5 percent to $2.7 billion. The carrier ended the period with $2.17 billion in cash, cash equivalents, and securities. JetBlue’s second quarter revenue per available seat mile (RASM) increased 10.9 percent versus the same period last year to 15.71 cents, while cost per available seat mile (CASM) increased 17 percent to 16.53 cents. Costs excluding fuel (CASM-ex) increased 2.4 percent compared to Q2 2025 to 11.12 cents. JetBlue ended the second quarter with $1.66 billion in cash and cash equivalents, and $512 million in investment securities.
In Tuesday’s announcement, JetBlue’s CEO, Joanna Geraghty, said,
“Two years into JetForward, we’re encouraged by the progress we’re making and the results we’re driving across the business. Our second quarter performance reflects the strength of our JetForward strategy and the focused execution of our crewmembers, as strong customer demand and our decisive actions enabled us to recover fuel costs more quickly than we anticipated. This momentum reinforces our confidence that we’re strengthening the foundation for a more profitable JetBlue. Reflecting the progress we’re making and the earnings trajectory we see ahead, today we're introducing a long-term financial target of at least $1.00 in earnings per share for 2028 as we continue on the path toward restoring sustained profitability.”
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., Latin America, the Caribbean, Canada and Europe. JetBlue Airways Corporation trades on the NASDAQ under the ticker symbol JBLU.
Source: JetBlue / Business Wire
