Q3 25 EPS
$-0.40
BEAT +4.81%
Est. $-0.42
Q3 25 Revenue
$2.32B
BEAT +0.01%
Est. $2.32B
vs S&P Since Q3 25
+31.4%
BEATING MARKET
JBLU +40.0% vs S&P +8.5%
Market Reaction
Did JBLU Beat Earnings? Q3 2025 Results
JetBlue Airways delivered a modestly encouraging third quarter, posting a non-GAAP loss of $0.40 per share against a consensus estimate of $0.42, a 4.81% beat, while revenue of $2.32 billion edged past expectations despite sliding 1.8% year-over-year… Read more JetBlue Airways delivered a modestly encouraging third quarter, posting a non-GAAP loss of $0.40 per share against a consensus estimate of $0.42, a 4.81% beat, while revenue of $2.32 billion edged past expectations despite sliding 1.8% year-over-year. The most material driver of the relative outperformance was cost discipline, with CASM ex-fuel rising just 3.7% year-over-year, near the favorable end of guidance, aided by strong operational execution in August and September that helped offset weather and air traffic control disruptions earlier in the quarter. Fuel costs also eased, with the average price per gallon falling to $2.49 from $2.67 a year ago. Still, the operating loss widened to $100 million from $38 million in the prior-year period, and some observers remain cautious about the airline's elevated leverage and the pace of its JetForward transformation. Looking ahead, JetBlue guided Q4 RASM in a range of -4.0% to 0.0% year-over-year, trimmed full-year capital expenditures by $100 million to approximately $1.10 billion, and outlined 2026 planning assumptions anchored in low-to-mid single digit capacity growth.
Key Takeaways
- • Strong close-in demand drove RASM to better end of guidance range
- • Premium products continued to outperform core, with YoY premium RASM six points higher vs. core
- • TrueBlue loyalty revenue up 12% YoY with co-brand sign-ups up double digits
- • CASM ex-fuel at favorable end of guidance supported by strong operational execution in August and September
- • Average fuel cost per gallon decreased 6.8% YoY to $2.49
- • Managed corporate bookings showed strength with yields up high single digits YoY
JBLU YoY Financials
Q3 2025 vs Q3 2024, source: SEC Filings
JBLU Revenue by Segment
With YoY comparisons, source: SEC Filings
“JetBlue's progress toward profitability is gaining momentum as a result of the swift actions we've taken to implement our JetForward strategy and set a strong foundation for 2026.”
— Joanna Geraghty, Q3 2025 Earnings Press Release
JBLU Earnings Trends
JBLU vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
JBLU EPS Trend
Earnings per share: estimate vs actual
JBLU Revenue Trend
Quarterly revenue: estimate vs actual
JBLU Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 MISS | $-0.73 | $-0.87 | -19.51% | $2.24B | -0.06% |
| Q4 25 MISS FY | $-0.46 | $-0.48 | -3.94% | $2.24B | +1.12% |
| FY Full Year | $-1.61 | $-1.66 | -3.15% | $9.06B | +0.31% |
| Q3 25 BEAT | $-0.42 | $-0.40 | +4.81% | $2.32B | +0.01% |
| Q2 25 BEAT | $-0.33 | $-0.16 | +51.20% | $2.36B | +3.10% |
| Q1 25 BEAT | $-0.63 | $-0.59 | +6.48% | $2.14B | +0.07% |