For the year ending 2025-12-31, JBLU had $147M increase in cash & cash equivalents over the period. -$1,172M in free cash flow.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net loss | -602 | -795 | -310 | -362 |
| Deferred income taxes | -183 | -110 | -27 | -73 |
| Special items - fleet transition | - | - | 0 | 52 |
| Depreciation and amortization | 688 | 655 | 621 | 585 |
| Gain on sale-leaseback transactions | - | 17 | - | 0 |
| Spirit special items, non-cash | 0 | 450 | - | - |
| Gain on debt extinguishments | 0 | 22 | 0 | 0 |
| Stock-based compensation | 40 | 39 | 39 | 30 |
| Gain on flight equipment transactions, net | 99 | - | - | - |
| Unrealized (gains) losses on investments | 2 | -21 | 0 | -12 |
| (increase) decrease in receivables | 22 | -4 | 3 | 111 |
| (increase) decrease in inventories, prepaid and other | 63 | -2 | -67 | -201 |
| Increase (decrease) in air traffic liability | 116 | -10 | -145 | 30 |
| Increase (decrease) in accounts payable and other accrued liabilities | 36 | -28 | 141 | 26 |
| Other, net | -3 | -45 | 17 | -11 |
| Net cash (used in) provided by operating activities | -94 | 144 | 400 | 379 |
| Capital expenditures | 1,078 | 1,478 | 1,128 | 767 |
| Pre-delivery deposits for flight equipment | 44 | 141 | 78 | 156 |
| Purchase of held-to-maturity investments | 142 | 752 | 69 | 142 |
| Proceeds from the maturities of held-to-maturity investments | 84 | 582 | 12 | 2 |
| Purchase of available-for-sale securities | 480 | 1,778 | 474 | 473 |
| Proceeds from the sale of available-for-sale securities | 2,041 | 487 | 489 | 934 |
| Proceeds from sale-leaseback transactions | - | - | - | 0 |
| Payment for spirit airlines acquisition | 0 | 22 | 131 | 297 |
| Proceeds from the sale of assets and sale-leaseback transactions | 279 | 30 | - | - |
| Other, net | 2 | 8 | -1 | 9 |
| Net cash provided by (used in) investing activities | 658 | -3,080 | -1,378 | -908 |
| Proceeds from issuance of long-term debt, net of issuance costs | 0 | 3,793 | 78 | 0 |
| Proceeds from short-term borrowings | - | - | - | 0 |
| Proceeds from failed sale-leaseback transactions | 0 | 668 | 1,331 | 0 |
| Proceeds from issuance of common stock | 52 | 60 | 53 | 52 |
| Proceeds from issuance of stock warrants | - | - | 0 | 0 |
| Repayment of long-term debt and finance lease obligations | - | - | - | 369 |
| Repayment of short-term borrowings | - | - | - | 0 |
| Repayment of long-term debt and finance lease obligations | 461 | 748 | 347 | - |
| Acquisition of treasury stock | 8 | 6 | 4 | 6 |
| Other, net | 0 | 0 | -4 | -37 |
| Net cash (used in) provided by financing activities | -417 | 3,767 | 1,107 | -360 |
| Increasein cash, cash equivalents, restricted cash and restricted cash equivalents | 147 | 831 | 129 | -889 |
| Cash and cash equivalents at beginning of period | 2,148 | 1,317 | 1,188 | 2,077 |
| Cash and cash equivalents at end of period | 2,295 | 2,148 | 1,317 | 1,188 |
JETBLUE AIRWAYS CORP (JBLU)
JETBLUE AIRWAYS CORP (JBLU)