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JetBlue Airways (JBLU) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date

Aug 04, 2026

Before Open (Confirmed)

Period Ending

2026 (Q2)

Consensus EPS Forecast

-0.69

Last Year’s EPS

-0.16

Same Quarter Last Year

Analyst Consensus

Moderate Sell

Based on 11 Analysts Ratings

Earnings Call Summary

Q1 2026

Earnings Call Date:Apr 28, 2026|

% Change Since:

Earnings Call Sentiment|Neutral

The call conveys a balanced picture: JetBlue is delivering clear operational progress—strong RASM, loyalty and Fort Lauderdale growth, Jet Forward traction, disciplined capital spending, and ample near-term liquidity—yet faces a material macro headwind from sharply higher fuel prices that has prompted suspension of full-year guidance, planned capacity reductions, and potential incremental funding. Management emphasizes demand resilience and active mitigation (fares, capacity, cost), but near-term financial uncertainty remains tied to the fuel trajectory.

Company Guidance

JetBlue suspended full‑year guidance after a sharp fuel spike and gave detailed near‑term targets: Q2 RASM guidance is +7% to +11% year‑over‑year on capacity up 1.5%–4.5%, with management saying Q2 will recapture roughly 30%–40% of the recent fuel cost increase (100% recapture targeted by early 2027); Q2 fuel is modeled at $4.13–$4.28/gal (Q1 avg $2.96, ~26% above the prior midpoint) and every $0.10 change equals ~ $85M of annual expense. They expect CASM ex‑fuel to rise 3%–5% in Q2, with >2 points less unit‑cost growth in 2H vs 1H, and noted Q1 CASM ex‑fuel was +6.6% (adjusted to +2.5% ex‑disruptions). Capacity actions include ~1 point pull vs. close‑in expectations in Q2 and plans to cut 2–3 points in the back half, and management expects to continue cost, fare and ancillary moves to offset fuel. CapEx is ~$275M in Q2 and ~$800M for 2026 (12 aircraft deliveries this year, down from 14), with a sub‑$1B annual CapEx target through the decade. Liquidity finished the quarter at $2.4B (26% of TTM revenue; target 17%–20%), a $600M undrawn revolver, $500M recently raised secured (accordion to $750M), >$6B unencumbered asset base, and Jet Forward targets of $310M incremental EBIT in 2026 and $850M–$950M in 2027.

Strong RASM Performance

First-quarter RASM grew +6.5% year over year, in line with revised guidance and 4.5 points above the midpoint of the initial RASM range; management expects Q2 RASM growth of 7%–11% year over year on 1.5%–4.5% more capacity.

Demand Resilience and Booking Trends

Demand remained strong across the booking curve with momentum carrying into Q2; premium continues to outperform core (premium RASM ~9 points better than core year over year) and core RASM turned strongly positive year over year.

Jet Forward Traction and Financial Targets

Jet Forward is credited with improved results and cost initiatives; company remains on track to drive $310 million incremental Jet Forward EBIT in 2026 and $850 million–$950 million in 2027.

Loyalty and Card Growth

Loyalty cash remuneration grew +19% year over year, credit card acquisitions rose +45%, TrueBlue active members and attach rates reached all-time highs, and new loyalty features (Family Tiles, using points for ancillaries) showed strong early adoption.

Fort Lauderdale Network Gain

Focused growth in Fort Lauderdale delivered RASM growth of +5% in Q1 despite capacity growth of +23% (ASMs up 23%), expanding nonstop destinations and launching four connecting banks to strengthen connectivity.

Blue Sky and Paisley Progress

Blue Sky milestone: launch of interline flight sales with United and upcoming reciprocal loyalty benefits; Paisley platform rolling out rental car sales with additional partner RFPs in process, expanding low-capital revenue opportunities.

Liquidity and Balance Sheet Actions

Ended the quarter with $2.4 billion liquidity (26% of trailing 12-month revenue, above 17%–20% target), raised $500 million secured by aircraft (accordion to $750 million), repaid $325 million of convertibles, and maintain an unencumbered asset base >$6 billion.

Capital Discipline and Fleet Planning

Q1 CapEx was $141 million (≈$59 million below initial guidance due to timing); Q2 CapEx expected ≈$275 million and full-year 2026 CapEx ≈$800 million; A220 deliveries reduced to 12 (from 14) and company expects sub-$1 billion annual CapEx through decade end.

Fuel Efficiency Initiatives

About 30% of Q2 capacity will use newer engine technology, supporting a targeted ~5% fuel-efficiency improvement over the last three years.

JetBlue Airways (JBLU) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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JBLU Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 04, 2026	2026 (Q2)	-0.69 / -	-0.16	―	―	―
Apr 28, 2026	2026 (Q1)	-0.73 / -0.87	-0.59	-47.46% (-0.28)
Jan 27, 2026	2025 (Q4)	-0.46 / -0.49	-0.21	-133.33% (-0.28)
Oct 28, 2025	2025 (Q3)	-0.43 / -0.40	-0.16	-150.00% (-0.24)
Jul 29, 2025	2025 (Q2)	-0.32 / -0.16	0.08	-300.00% (-0.24)
Apr 29, 2025	2025 (Q1)	-0.63 / -0.59	-0.43	-37.21% (-0.16)
Jan 28, 2025	2024 (Q4)	-0.29 / -0.21	-0.19	-10.53% (-0.02)
Oct 29, 2024	2024 (Q3)	-0.21 / -0.16	-0.39	58.97% (+0.23)
Jul 30, 2024	2024 (Q2)	-0.10 / 0.08	0.45	-82.22% (-0.37)
Apr 23, 2024	2024 (Q1)	-0.52 / -0.43	-0.34	-26.47% (-0.09)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

JBLU Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Apr 28, 2026	$4.94	$5.00	+1.21%
Jan 27, 2026	$5.08	$4.73	-6.89%
Oct 28, 2025	$4.72	$4.16	-11.86%
Jul 29, 2025	$4.36	$4.65	+6.65%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.