JETBLUE AIRWAYS CORP
For the period ended Sep 30, 2025. Filed Oct 28, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Oct 28, 2025
JBLU$3.94+7.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 1. Financial Statements
| September 30, 2025 | December 31, 2024 | |
|---|---|---|
| (unaudited) | ||
| ASSETS | ||
| CURRENT ASSETS | ||
| Cash and cash equivalents | $2,410 | $1,921 |
| Investment securities | 211 | 1,689 |
| Receivables, less allowance (2025 - $6; 2024 - $6) | 348 | 348 |
| Inventories, less allowance (2025 - $50; 2024 - $43) | 183 | 158 |
| Prepaid expenses and other | 263 | 142 |
| Total current assets | 3,415 | 4,258 |
| PROPERTY AND EQUIPMENT | ||
| Flight equipment | 14,559 | 14,103 |
| Pre-delivery deposits for flight equipment | 229 | 315 |
| Total flight equipment and pre-delivery deposits, gross | 14,788 | 14,418 |
| Less accumulated depreciation | 4,310 | 4,243 |
| Total flight equipment and pre-delivery deposits, net | 10,478 | 10,175 |
| Other property and equipment, gross | 1,364 | 1,342 |
| Less accumulated depreciation | 872 | 861 |
| Total other property and equipment, net | 492 | 481 |
| Total property and equipment, net | 10,970 | 10,656 |
| OPERATING LEASE ASSETS | 900 | 550 |
| OTHER ASSETS | ||
| Investment securities | 272 | 336 |
| Restricted cash and cash equivalents | 239 | 227 |
| Intangible assets, net of accumulated amortization (2025 - $627; 2024 - $580) | 413 | 399 |
| Other | 392 | 415 |
| Total other assets | 1,316 | 1,377 |
| TOTAL ASSETS | $16,601 | $16,841 |
CONSOLIDATED BALANCE SHEETS
(in millions, except per share data)
| September 30, 2025 | December 31, 2024 | |
|---|---|---|
| (unaudited) | ||
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| CURRENT LIABILITIES | ||
| Accounts payable | $589 | $619 |
| Air traffic liability | 1,652 | 1,572 |
| Accrued salaries, wages and benefits | 663 | 663 |
| Other accrued liabilities | 499 | 542 |
| Current operating lease liabilities | 80 | 93 |
| Current maturities of long-term debt and finance lease obligations | 703 | 392 |
| Total current liabilities | 4,186 | 3,881 |
| LONG-TERM DEBT AND FINANCE LEASE OBLIGATIONS | 7,772 | 8,147 |
| LONG-TERM OPERATING LEASE LIABILITIES | 868 | 510 |
| DEFERRED TAXES AND OTHER LIABILITIES | ||
| Deferred income taxes | 486 | 633 |
| Air traffic liability - non-current | 679 | 653 |
| Other | 340 | 376 |
| Total deferred taxes and other liabilities | 1,505 | 1,662 |
| COMMITMENTS AND CONTINGENCIES (Note 6) | ||
| STOCKHOLDERS' EQUITY | ||
| Preferred stock, $0.01 par value; 25 shares authorized, none issued | — | — |
| Common stock, $0.01 par value; 900 shares authorized, 525 and 513 shares issued and 364 and 353 shares outstanding at September 30, 2025 and December 31, 2024, respectively | 5 | 5 |
| Treasury stock, at cost; 162 and 160 shares at September 30, 2025 and December 31, 2024, respectively | (2,013) | (2,005) |
| Additional paid-in capital | 3,382 | 3,320 |
| Retained earnings | 894 | 1,319 |
| Accumulated other comprehensive income | 2 | 2 |
| Total stockholders' equity | 2,270 | 2,641 |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $16,601 | $16,841 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.