Is JetBlue The Best Airline Stock?
Following a general trend of improvement among airline stocks, shares…
| Period Ending | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | |
|---|---|---|---|---|---|---|
| Revenue | -- | -- | -- | -- | $2.3M | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | -- | -- | -- | -- | $1.9M | |
| Gross Profit | -- | -- | -- | -- | $341.5K | |
| Gross Profit Margin | -- | -- | -- | -- | 14.97% | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | -- | -- | $4.4M | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | -- | -- | -- | -- | $3.7M | |
| Operating Income | -- | -- | -- | -- | -$3.3M | |
| Net Interest Expenses | -- | -- | -- | -- | $2.4M | |
| EBT. Incl. Unusual Items | -- | -- | -- | -- | -$6.5M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | -- | -- | -- | -- | -- | |
| Net Income to Company | -- | -- | -- | -- | -$8.2M | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | -- | -- | -- | -- | -$6.5M | |
| Basic EPS (Cont. Ops) | -- | -- | -- | -- | -$0.05 | |
| Diluted EPS (Cont. Ops) | -- | -- | -- | -- | -$0.05 | |
| Weighted Average Basic Share | -- | -- | -- | -- | $174.4M | |
| Weighted Average Diluted Share | -- | -- | -- | -- | $174.4M | |
| EBITDA | -- | -- | -- | -- | -$2.4M | |
| EBIT | -- | -- | -- | -- | -$3.3M | |
| Revenue (Reported) | -- | -- | -- | -- | $2.3M | |
| Operating Income (Reported) | -- | -- | -- | -- | -$3.3M | |
| Operating Income (Adjusted) | -- | -- | -- | -- | -$3.3M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Revenue | $385K | $363.9K | $262.2K | $974.3K | $645.5K | |
| Revenue Growth (YoY) | 1879.99% | -5.48% | -27.95% | 271.57% | -33.75% | |
| Cost of Revenues | $1.2M | $728.3K | $517.3K | $689.2K | $918K | |
| Gross Profit | -$818.2K | -$364.4K | -$255.1K | $285.1K | -$272.5K | |
| Gross Profit Margin | -212.52% | -100.14% | -97.29% | 29.26% | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | $5.3M | $2.6M | $1.5M | $1.5M | -- | |
| Other Inc / (Exp) | -$393.9K | -$832.6K | $205.7K | -$547K | -- | |
| Operating Expenses | $5.1M | $2.3M | $1.4M | $903.7K | $1.6M | |
| Operating Income | -$5.9M | -$2.7M | -$1.7M | -$618.7K | -$1.8M | |
| Net Interest Expenses | $100.5K | $284.2K | $525.7K | $724.9K | -- | |
| EBT. Incl. Unusual Items | -$6.9M | -$3.3M | -$2.1M | -$1.9M | -$1M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | -- | -- | -- | -- | -- | |
| Net Income to Company | -$6.9M | -$4M | -$2.1M | -$1.9M | -$1M | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | -$6.9M | -$4M | -$2.1M | -$1.9M | -$1M | |
| Basic EPS (Cont. Ops) | -$0.05 | -$0.03 | -$0.01 | -$0.01 | -$0.01 | |
| Diluted EPS (Cont. Ops) | -$0.05 | -$0.03 | -$0.01 | -$0.01 | -$0.01 | |
| Weighted Average Basic Share | $147.8M | $151.2M | $162M | $169.7M | $188M | |
| Weighted Average Diluted Share | $147.8M | $151.2M | $162M | $169.7M | $188M | |
| EBITDA | -$5.7M | -$2.4M | -$1.6M | -$435.6K | -$1.7M | |
| EBIT | -$5.9M | -$2.7M | -$1.7M | -$618.7K | -$1.8M | |
| Revenue (Reported) | $385K | $363.9K | $262.2K | $974.3K | $645.5K | |
| Operating Income (Reported) | -$5.9M | -$2.7M | -$1.7M | -$618.7K | -$1.8M | |
| Operating Income (Adjusted) | -$5.9M | -$2.7M | -$1.7M | -$618.7K | -$1.8M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Revenue | $2M | $3.2M | $2.1M | $1.9M | $2.2M | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | $8.6M | $3.6M | $2.7M | $3.4M | $2M | |
| Gross Profit | -$6.6M | -$408.6K | -$606.9K | -$1.5M | $221.4K | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | $26.9M | $10.5M | $6.7M | $8.1M | $2.5M | |
| Other Inc / (Exp) | -$2M | -$903K | -$144.1K | -$3.3M | -- | |
| Operating Expenses | $26.8M | $9.3M | $6.1M | $4.2M | $3.8M | |
| Operating Income | -$33.4M | -$9.7M | -$6.7M | -$5.7M | -$3.6M | |
| Net Interest Expenses | $398.9K | $844.1K | $1.9M | $2.6M | -- | |
| EBT. Incl. Unusual Items | -$35.7M | -$11.5M | -$9.5M | -$10.3M | -$4.6M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | -- | -- | -- | -- | -- | |
| Net Income to Company | -$33.3M | -$12.3M | -$9.5M | -$10.3M | -$6M | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | -$36.1M | -$12.3M | -$9.5M | -$10.3M | -$4.6M | |
| Basic EPS (Cont. Ops) | -$0.25 | -$0.08 | -$0.06 | -$0.06 | -$0.03 | |
| Diluted EPS (Cont. Ops) | -$0.28 | -$0.08 | -$0.06 | -$0.06 | -$0.03 | |
| Weighted Average Basic Share | ||||||
| Weighted Average Diluted Share | ||||||
| EBITDA | -$32.5M | -$8.5M | -$6.1M | -$4.1M | -$2.8M | |
| EBIT | -$33.4M | -$9.7M | -$6.7M | -$5.7M | -$3.6M | |
| Revenue (Reported) | $2M | $3.2M | $2.1M | $1.9M | $2.2M | |
| Operating Income (Reported) | -$33.4M | -$9.7M | -$6.7M | -$5.7M | -$3.6M | |
| Operating Income (Adjusted) | -$33.4M | -$9.7M | -$6.7M | -$5.7M | -$3.6M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Revenue | $748.1K | $2M | $381K | $1.5M | $878.6K | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | $2.2M | $2.3M | $1.1M | $1M | $1.1M | |
| Gross Profit | -$1.5M | -$231.9K | -$715.1K | $515.3K | -$263.3K | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | $9.1M | $5.5M | $3.3M | $2.9M | $615.3K | |
| Other Inc / (Exp) | -$949.5K | -$1M | $267.3K | -$536.9K | -- | |
| Operating Expenses | $9.7M | $4.8M | $3.1M | $2.3M | $2.2M | |
| Operating Income | -$11.1M | -$5M | -$3.9M | -$1.8M | -$2.4M | |
| Net Interest Expenses | $207K | $517.5K | $995.3K | $1.4M | $415.3K | |
| EBT. Incl. Unusual Items | -$12.7M | -$6.1M | -$4.7M | -$3.8M | -$1.9M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | -- | -- | -- | -- | -- | |
| Net Income to Company | -$13M | -$6.7M | -$4.7M | -$3.8M | -$2M | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | -$12.8M | -$6.7M | -$4.7M | -$3.8M | -$1.9M | |
| Basic EPS (Cont. Ops) | -$0.09 | -$0.04 | -$0.03 | -$0.02 | -$0.01 | |
| Diluted EPS (Cont. Ops) | -$0.09 | -$0.04 | -$0.03 | -$0.02 | -$0.01 | |
| Weighted Average Basic Share | $294.2M | $301.9M | $318.9M | $339.5M | $376M | |
| Weighted Average Diluted Share | $294.2M | $301.9M | $318.9M | $339.5M | $376M | |
| EBITDA | -$11.3M | -$4.2M | -$3.7M | -$1.3M | -$2.1M | |
| EBIT | -$11.7M | -$5M | -$3.9M | -$1.8M | -$2.4M | |
| Revenue (Reported) | $748.1K | $2M | $381K | $1.5M | $878.6K | |
| Operating Income (Reported) | -$11.1M | -$5M | -$3.9M | -$1.8M | -$2.4M | |
| Operating Income (Adjusted) | -$11.7M | -$5M | -$3.9M | -$1.8M | -$2.4M | |
| Period Ending | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | -- | -- | -- | -- | $37.6K | |
| Short Term Investments | -- | -- | -- | -- | -- | |
| Accounts Receivable, Net | -- | -- | -- | -- | $326.2K | |
| Inventory | -- | -- | -- | -- | $948.6K | |
| Prepaid Expenses | -- | -- | -- | -- | $21.5K | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | -- | -- | -- | -- | $1.7M | |
| Property Plant And Equipment | -- | -- | -- | -- | $11.2M | |
| Long-Term Investments | -- | -- | -- | -- | -- | |
| Goodwill | -- | -- | -- | -- | -- | |
| Other Intangibles | -- | -- | -- | -- | -- | |
| Other Long-Term Assets | -- | -- | -- | -- | -- | |
| Total Assets | -- | -- | -- | -- | $12.9M | |
| Accounts Payable | -- | -- | -- | -- | $4M | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | -- | -- | -- | -- | -- | |
| Other Current Liabilities | -- | -- | -- | -- | -- | |
| Total Current Liabilities | -- | -- | -- | -- | $16.3M | |
| Long-Term Debt | -- | -- | -- | -- | $3.2M | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | -- | -- | -- | -- | $19.5M | |
| Common Stock | -- | -- | -- | -- | $116.8M | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | -- | -- | -- | -- | -$6.6M | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | -- | -- | -- | -- | -- | |
| Total Equity | -- | -- | -- | -- | -$6.6M | |
| Total Liabilities and Equity | -- | -- | -- | -- | $12.9M | |
| Cash and Short Terms | -- | -- | -- | -- | $37.6K | |
| Total Debt | -- | -- | -- | -- | $15.4M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $5.1M | $387.8K | $17.9K | $18.7K | $184.4K | |
| Short Term Investments | $329.3K | $78.2K | -- | -- | -- | |
| Accounts Receivable, Net | $400.7K | $18.9K | $209K | $678.3K | $333K | |
| Inventory | $1.1M | $1.8M | $1.7M | $1.3M | $1M | |
| Prepaid Expenses | $367.8K | $593.7K | $66K | $137.3K | $782.6K | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | $7.2M | $2.9M | $2.7M | $2.6M | $2.5M | |
| Property Plant And Equipment | $21.6M | $16.4M | $16.8M | $11.8M | $3.7M | |
| Long-Term Investments | $630K | $453.5K | $227.3K | $167.3K | -- | |
| Goodwill | -- | -- | -- | -- | -- | |
| Other Intangibles | -- | -- | -- | -- | -- | |
| Other Long-Term Assets | -- | -- | -- | -- | -- | |
| Total Assets | $29.4M | $19.7M | $19.7M | $14.6M | $6.2M | |
| Accounts Payable | $7.6M | $4.6M | $5.2M | $4.7M | $4.1M | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | $64.8K | $523.3K | $764.6K | $12.2M | -- | |
| Current Portion Of Capital Lease Obligations | $115.2K | $199.8K | $74.4K | -- | -- | |
| Other Current Liabilities | -- | -- | -- | -- | -- | |
| Total Current Liabilities | $7.9M | $5.3M | $6.1M | $16.9M | $16.9M | |
| Long-Term Debt | $3.1M | $7.7M | $11.6M | $3.3M | -- | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $11.3M | $13.1M | $17.6M | $20.2M | $16.9M | |
| Common Stock | $123.4M | $115.5M | $121.9M | $122.9M | $120.9M | |
| Other Common Equity Adj | $22.8M | $21.5M | $21.7M | $22.6M | -- | |
| Common Equity | -- | -- | -- | -- | -- | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | -- | -- | -- | -- | -- | |
| Total Equity | $18.1M | $6.7M | $2.1M | -$5.6M | -$10.7M | |
| Total Liabilities and Equity | $29.4M | $19.7M | $19.7M | $14.6M | $6.2M | |
| Cash and Short Terms | $5.1M | $387.8K | $17.9K | $18.7K | $184.4K | |
| Total Debt | $3.2M | $8.5M | $12.4M | $15.5M | -- | |
| Period Ending | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -- | -- | -- | -- | -$8.2M | |
| Depreciation & Amoritzation | -- | -- | -- | -- | $1.2M | |
| Stock-Based Compensation | -- | -- | -- | -- | $816.8K | |
| Change in Accounts Receivable | -- | -- | -- | -- | -$28.8K | |
| Change in Inventories | -- | -- | -- | -- | $352.1K | |
| Cash From Operations | -- | -- | -- | -- | -$1.5M | |
| Capital Expenditures | -- | -- | -- | -- | -- | |
| Cash Acquisitions | -- | -- | -- | -- | -- | |
| Cash From Investing | -- | -- | -- | -- | $29.6K | |
| Dividends Paid (Ex Special Dividend) | -- | -- | -- | -- | -- | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | -- | -- | -- | -- | -- | |
| Long-Term Debt Repaid | -- | -- | -- | -- | -- | |
| Repurchase of Common Stock | -- | -- | -- | -- | -- | |
| Other Financing Activities | -- | -- | -- | -- | -- | |
| Cash From Financing | -- | -- | -- | -- | $1.5M | |
| Beginning Cash (CF) | -- | -- | -- | -- | $37.6K | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | -- | -- | -- | -- | -$5.8K | |
| Ending Cash (CF) | -- | -- | -- | -- | $31.9K | |
| Levered Free Cash Flow | -- | -- | -- | -- | -$1.5M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -$6.9M | -$4M | -$2.1M | -$1.9M | -$1M | |
| Depreciation & Amoritzation | $257K | $214.7K | $268K | $183.1K | $138.4K | |
| Stock-Based Compensation | $1.7M | $515.3K | $358.3K | $76.2K | $19.8K | |
| Change in Accounts Receivable | $177.5K | $699.8K | -$160.5K | -$685.7K | -$501.3K | |
| Change in Inventories | -$1.1M | -$28.2K | -$92K | $205.8K | -$60.3K | |
| Cash From Operations | -$4M | -$1.4M | -$637.7K | -$405K | -$2.6M | |
| Capital Expenditures | -$1.6K | $244.3K | $400 | -- | -- | |
| Cash Acquisitions | -- | -- | -- | -- | -- | |
| Cash From Investing | -$18.8K | -$235.6K | -$400 | -- | $5.4M | |
| Dividends Paid (Ex Special Dividend) | -- | -- | -- | -- | -- | |
| Special Dividend Paid | -- | -- | -- | -- | -- | |
| Long-Term Debt Issued | -- | $1.2M | $638.2K | $2.1K | -- | |
| Long-Term Debt Repaid | -$55.1K | -$72.1K | -$56.3K | -$50.9K | -- | |
| Repurchase of Common Stock | -- | -- | -- | -- | -- | |
| Other Financing Activities | $26K | -- | -- | $756.2K | -- | |
| Cash From Financing | $44.3K | $1.2M | $578.2K | $395.1K | -$2.7M | |
| Beginning Cash (CF) | $4.8M | $309.9K | $17.9K | $18.7K | $184.4K | |
| Foreign Exchange Rate Adjustment | -- | -- | -$600 | -$500 | $10K | |
| Additions / Reductions | -$4M | -$452.9K | -$60.6K | -$10.5K | $181.4K | |
| Ending Cash (CF) | $803.2K | -$143K | -$43.4K | $7.6K | $375.8K | |
| Levered Free Cash Flow | -$4M | -$1.6M | -$638.1K | -$405K | -- | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -$33.3M | -$12.3M | -$9.5M | -$10.3M | -$6M | |
| Depreciation & Amoritzation | $691.9K | $1.2M | $1M | $983.4K | $776.2K | |
| Stock-Based Compensation | $5.8M | $2M | $1.8M | $511.3K | $140.8K | |
| Change in Accounts Receivable | $68.4K | $164.2K | -$293.9K | -$255.4K | -$16.6K | |
| Change in Inventories | -$2.7M | -$580.1K | -$1M | $959.9K | -$116.9K | |
| Cash From Operations | -$15.8M | -$10.4M | -$3.8M | -$2.4M | -$1.3M | |
| Capital Expenditures | $1.8M | $688.7K | $53.4K | $3.9K | -- | |
| Cash Acquisitions | -- | -- | -- | -- | -- | |
| Cash From Investing | -$2.4M | -$929.6K | $151.5K | $193.9K | $5.4M | |
| Dividends Paid (Ex Special Dividend) | -- | -- | -- | -- | -- | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | -- | $7.2M | $3.9M | $2M | -- | |
| Long-Term Debt Repaid | -$227.8K | -$382.3K | -$541K | -$628K | -- | |
| Repurchase of Common Stock | -- | -- | -- | -- | -- | |
| Other Financing Activities | -$1.5M | -- | -- | -- | -- | |
| Cash From Financing | $20.4M | $6.9M | $3.4M | $2.2M | -$3.9M | |
| Beginning Cash (CF) | -- | -- | -- | -- | -- | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | $2.2M | -$4.4M | -$298.6K | $2.2K | $168.4K | |
| Ending Cash (CF) | -- | -- | -- | -- | -- | |
| Levered Free Cash Flow | -$17.6M | -$11.1M | -$3.8M | -$2.4M | -- | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -$13M | -$6.7M | -$4.7M | -$3.8M | -$2M | |
| Depreciation & Amoritzation | $352.6K | $812.5K | $536.6K | $434.2K | $347.7K | |
| Stock-Based Compensation | $3.3M | $827.1K | $732.7K | $766.2K | $43K | |
| Change in Accounts Receivable | $57.2K | $612K | -$2.4K | -$689K | -$588.8K | |
| Change in Inventories | -$1.9M | $430.3K | -$113.5K | $94.3K | -$290.7K | |
| Cash From Operations | -$8M | -$3.3M | -$1.8M | -$847.2K | -$1M | |
| Capital Expenditures | $246.4K | $300.9K | -$1.6K | -- | -- | |
| Cash Acquisitions | -$276.8K | -- | -- | -- | -- | |
| Cash From Investing | -$542.9K | -$537.6K | $1.6K | -- | $5.4M | |
| Dividends Paid (Ex Special Dividend) | -- | -- | -- | -- | -- | |
| Special Dividend Paid | -- | -- | -- | -- | -- | |
| Long-Term Debt Issued | -- | $3.2M | $1.8M | $488.3K | -- | |
| Long-Term Debt Repaid | -$153.5K | -$168.8K | -$297.8K | -$332.3K | -- | |
| Repurchase of Common Stock | -- | -- | -- | -- | -- | |
| Other Financing Activities | -$990.9K | -- | -- | $756.2K | -- | |
| Cash From Financing | $10.2M | $3.1M | $1.5M | $740.1K | -$4.2M | |
| Beginning Cash (CF) | $7.9M | $1.1M | $97.6K | $47.7K | $189.2K | |
| Foreign Exchange Rate Adjustment | -- | -- | -$4.3K | -$3.8K | $8.5K | |
| Additions / Reductions | $1.6M | -$768K | -$325.5K | -$111K | $147K | |
| Ending Cash (CF) | $9.8M | $330.6K | -$232.3K | -$67.3K | $344.7K | |
| Levered Free Cash Flow | -$8.3M | -$3.6M | -$1.8M | -$847.2K | $1.5M | |
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Following a general trend of improvement among airline stocks, shares…
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