JetBlue widens Q2 net loss to $247 million as revenue rises 14.5%
JetBlue reported a second-quarter 2026 net loss of $247 million, or $0.66 per share, up from a $74 million loss, or $0.21 per share, a year earlier. Operating revenue rose 14.5% to $2.7 billion, but aircraft fuel costs rose 80.7%, and the company posted an operating loss of $141 million. The company also re-established its full-year 2026 outlook and introduced a 2028 earnings target of at least $1.00 per share.
Key points
- Q2 2026 net loss of $247 million, or $0.66 per share, compared with a net loss of $74 million, or $0.21 per share, in Q2 2025.
- Operating revenue of $2.7 billion, up 14.5% year-over-year; operating loss of $141 million compared with operating income of $6 million a year earlier.
- Aircraft fuel expense rose 80.7% to $911 million; average fuel price was $4.23 per gallon, up $1.83 year-over-year.
- Introduced a 2028 EPS target of at least $1.00 per share, assuming continued demand strength and an average $3.00 per gallon jet fuel price in 2028.
The filing
Written by AI on Nov 8, 2026, 6:58 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 28, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.