For the quarter ending 2026-03-31, JBLU had -$89M decrease in cash & cash equivalents over the period. -$6M in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net loss | -319 | -177 | -143 | -74 |
| Deferred income taxes | -20 | -36 | -58 | -22 |
| Depreciation and amortization | 179 | 176 | 173 | 171 |
| Gain on flight equipment transactions, net | 20 | 99 | - | - |
| Unrealized (gains) losses on investments | - | 2 | - | - |
| Spirit special items, non-cash | - | 0 | 0 | 0 |
| (increase) decrease in receivables | - | 22 | - | - |
| Gain on debt extinguishments | - | 0 | 0 | - |
| (increase) decrease in inventories, prepaid and other | - | 63 | - | - |
| Gain on flight equipment transactions, net | - | - | 25 | 26 |
| Increase (decrease) in air traffic liability | - | 116 | - | - |
| Stock-based compensation | 13 | 8 | 10 | 10 |
| Increase (decrease) in accounts payable and other accrued liabilities | - | 36 | - | - |
| Changes in certain operating assets and liabilities | -171 | - | 555 | -674 |
| Other, net | -3 | 9 | -23 | -6 |
| Net cash provided by operating activities | 120 | 49 | -142 | -115 |
| Capital expenditures | 126 | 336 | 269 | 297 |
| Pre-delivery deposits for flight equipment | 15 | 9 | 12 | 12 |
| Purchase of held-to-maturity investments | 13 | 142 | 0 | - |
| Proceeds from the maturities of held-to-maturity investments | 23 | 10 | 11 | 41 |
| Purchase of available-for-sale securities | 23 | 60 | 70 | 300 |
| Proceeds from the sale of available-for-sale securities | 22 | 146 | 804 | 563 |
| Payment for spirit airlines acquisition | - | 0 | 0 | 0 |
| Proceeds from the sale of assets and sale-leaseback transactions | 40 | 89 | 69 | 77 |
| Other, net | - | 1 | 1 | 0 |
| Net cash (used in) provided by investing activities | -92 | -303 | 532 | 72 |
| Proceeds from issuance of long-term debt, net of issuance costs | - | 0 | 0 | 0 |
| Proceeds from failed sale-leaseback transactions | - | 0 | 0 | 0 |
| Proceeds from issuance of common stock | - | 22 | 0 | 30 |
| Repayment of long-term debt and finance lease obligations | 112 | 122 | 111 | 147 |
| Acquisition of treasury stock | 5 | 0 | 0 | 3 |
| Other, net | - | 0 | - | 0 |
| Net cash used in financing activities | -117 | -100 | -111 | -120 |
| (decrease) increase in cash, cash equivalents, restricted cash and restricted cash equivalents | -89 | -354 | 279 | -163 |
| Cash, cash equivalents, restricted cash, and restricted cash equivalents at beginning of period | 2,295 | 2,649 | 2,370 | 2,533 |
| Cash, cash equivalents, restricted cash and restricted cash equivalents at end of period | 2,206 | 2,295 | 2,649 | 2,370 |
JETBLUE AIRWAYS CORP (JBLU)
JETBLUE AIRWAYS CORP (JBLU)