Is JetBlue The Best Airline Stock?
Following a general trend of improvement among airline stocks, shares…
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Revenue | -- | -- | $4.8M | $19.3M | $9M | |
| Revenue Growth (YoY) | -- | -- | -- | 300.36% | -53.42% | |
| Cost of Revenues | -- | -- | $3.4M | $13.1M | $9.9M | |
| Gross Profit | -- | -- | -- | $6.2M | -$884.1K | |
| Gross Profit Margin | -- | -- | 28.83% | 32.23% | -9.81% | |
| R&D Expenses | -- | $298.9K | $470.8K | $458.9K | -- | |
| Selling, General & Admin | -- | $1.4M | -- | $4M | $2.7M | |
| Other Inc / (Exp) | -- | -$270 | $109.4K | $1.9M | -$5.1M | |
| Operating Expenses | -- | $1.7M | $2.5M | $4M | $2.7M | |
| Operating Income | -- | -$1.7M | -$1.1M | $2.2M | -$3.5M | |
| Net Interest Expenses | -- | -- | -- | $505.9K | $617.4K | |
| EBT. Incl. Unusual Items | -- | -$1.7M | -- | $3.6M | -$9.3M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -$458.9K | -$465.9K | |
| Income Tax Expense | -- | -- | -- | -- | $77.4K | |
| Net Income to Company | -- | -$1.7M | -$1.1M | $3.1M | -$9.8M | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | -- | -$1.7M | -$1.1M | $3.6M | -$9.3M | |
| Basic EPS (Cont. Ops) | -- | -$0.03 | -$0.02 | $0.04 | -$0.09 | |
| Diluted EPS (Cont. Ops) | -- | -$0.03 | -- | $0.04 | -$0.09 | |
| Weighted Average Basic Share | -- | $51M | $68.1M | $83.1M | $104.7M | |
| Weighted Average Diluted Share | -- | $51M | $68.1M | $83.1M | $104.7M | |
| EBITDA | -- | -$1.7M | -$704.9K | $4M | -$1.7M | |
| EBIT | -- | -$1.7M | -- | $2.2M | -$3.5M | |
| Revenue (Reported) | -- | -- | $4.8M | $19.3M | $9M | |
| Operating Income (Reported) | -- | -$1.7M | -$1.1M | $2.2M | -$3.5M | |
| Operating Income (Adjusted) | -- | -$1.7M | -- | $2.2M | -$3.5M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Revenue | -- | -- | $5.5M | $2.2M | $778.8K | |
| Revenue Growth (YoY) | -- | -- | 252.6% | -60.19% | -64.14% | |
| Cost of Revenues | -- | -- | $2.6M | $2.6M | $970.5K | |
| Gross Profit | -- | -- | $2.9M | -$392.9K | -$191.7K | |
| Gross Profit Margin | -- | -- | 52.38% | -18.09% | -24.62% | |
| R&D Expenses | $67.8K | -- | $140.8K | -- | -- | |
| Selling, General & Admin | -- | -- | $1.1M | $473.9K | $378.8K | |
| Other Inc / (Exp) | -- | $109.4K | $1.9M | -$3.7M | -- | |
| Operating Expenses | $504.4K | -- | $1.2M | $473.9K | $378.8K | |
| Operating Income | -$504.4K | -- | $1.7M | -$866.9K | -$570.6K | |
| Net Interest Expenses | -- | -- | $135.5K | $155.4K | $38.2K | |
| EBT. Incl. Unusual Items | -- | -- | $3.4M | -$4.7M | -$633.4K | |
| Earnings of Discontinued Ops. | -- | -- | -- | -$177K | -- | |
| Income Tax Expense | -- | -- | -- | $3K | -- | |
| Net Income to Company | -$504.4K | -- | $3.3M | -$5M | -$613.4K | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | -$504.4K | -- | $3.4M | -$4.7M | -$633.4K | |
| Basic EPS (Cont. Ops) | -$0.01 | -- | $0.04 | -$0.05 | -$0.01 | |
| Diluted EPS (Cont. Ops) | -- | -- | $0.04 | -$0.05 | -$0.01 | |
| Weighted Average Basic Share | $50.7M | $77.1M | $83.5M | $103.1M | $108.1M | |
| Weighted Average Diluted Share | $50.7M | $77.1M | $83.5M | $103.1M | $108.1M | |
| EBITDA | -$504.4K | -- | $2M | -$492.9K | -$545.2K | |
| EBIT | -- | -- | $1.7M | -$866.9K | -$570.6K | |
| Revenue (Reported) | -- | -- | $5.5M | $2.2M | $778.8K | |
| Operating Income (Reported) | -$504.4K | -- | $1.7M | -$866.9K | -$570.6K | |
| Operating Income (Adjusted) | -- | -- | $1.7M | -$866.9K | -$570.6K | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Revenue | -- | -- | $15.1M | $15.3M | $3.4M | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | -- | -- | $9.8M | $13.9M | $3.5M | |
| Gross Profit | -- | $65K | $5.3M | $1.4M | -$40.7K | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | $308.3K | $408.1K | $485K | -- | -- | |
| Selling, General & Admin | $981.8K | $1.2M | $3.3M | $3.7M | $2.1M | |
| Other Inc / (Exp) | $1.5M | $109.4K | $1.9M | -$3.7M | -- | |
| Operating Expenses | $2.2M | $2M | $3.8M | $3.7M | $2.1M | |
| Operating Income | -$2.2M | -$1.6M | $1.5M | -$2.4M | -$2.1M | |
| Net Interest Expenses | -- | $24.3K | $269.9K | $758.2K | $337.5K | |
| EBT. Incl. Unusual Items | $332.3K | -$1.5M | $3.2M | -$6.8M | $1.2M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -$570.4K | -- | |
| Income Tax Expense | -- | -- | -- | $59.6K | $17.8K | |
| Net Income to Company | -$784.3K | -$1.5M | $3.2M | -$7.4M | $1.3M | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | -$784.3K | -$1.5M | $3.2M | -$6.9M | $1.2M | |
| Basic EPS (Cont. Ops) | -$0.02 | -$0.03 | $0.04 | -$0.07 | $0.01 | |
| Diluted EPS (Cont. Ops) | -- | -$0.03 | $0.04 | -$0.07 | $0.01 | |
| Weighted Average Basic Share | ||||||
| Weighted Average Diluted Share | ||||||
| EBITDA | -$2.2M | -$1.3M | $2.8M | $4.4K | -$1.7M | |
| EBIT | -$1.1M | -$1.5M | $1.5M | -$2.4M | -$2.1M | |
| Revenue (Reported) | -- | -- | $15.1M | $15.3M | $3.4M | |
| Operating Income (Reported) | -$2.2M | -$1.6M | $1.5M | -$2.4M | -$2.1M | |
| Operating Income (Adjusted) | -$1.1M | -$1.5M | $1.5M | -$2.4M | -$2.1M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Revenue | -- | $639.4K | $12.5M | $8.4M | $2.9M | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | -- | $574.4K | $8.1M | $9M | $2.5M | |
| Gross Profit | -- | $65K | $4.4M | -$522.9K | $320.5K | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | $236.3K | $233.5K | $354.4K | $288.9K | -- | |
| Selling, General & Admin | $1.1M | $698.2K | $2.4M | $2.1M | $1.6M | |
| Other Inc / (Exp) | $297.2K | $109.4K | $1.9M | -$3.7M | $5.7M | |
| Operating Expenses | $1.8M | $931.8K | $2.8M | $2.1M | $1.6M | |
| Operating Income | -$1.8M | -$866.9K | $1.6M | -$2.6M | -$1.2M | |
| Net Interest Expenses | -- | $24.3K | $244.1K | $496.4K | $216.4K | |
| EBT. Incl. Unusual Items | -$972.9K | -$891.2K | $3.2M | -$6.8M | $3.7M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -$465.9K | -- | |
| Income Tax Expense | -- | -- | -- | $59.6K | -- | |
| Net Income to Company | -$1.5M | -$873.4K | $3.1M | -$7.4M | $3.7M | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | -$1.5M | -$891.2K | $3.2M | -$6.9M | $3.7M | |
| Basic EPS (Cont. Ops) | -$0.03 | -$0.02 | $0.04 | -$0.07 | $0.04 | |
| Diluted EPS (Cont. Ops) | -$0.02 | -$0.02 | $0.04 | -$0.07 | $0.04 | |
| Weighted Average Basic Share | $152.3M | $193.9M | $242.2M | $305.7M | $320.9M | |
| Weighted Average Diluted Share | $152.3M | $193.9M | $242.2M | $305.7M | $320.9M | |
| EBITDA | -$1.8M | -$811.5K | $2.6M | -$987.7K | -$1.1M | |
| EBIT | -$1.3M | -$866.9K | $1.6M | -$2.6M | -$1.2M | |
| Revenue (Reported) | -- | $639.4K | $12.5M | $8.4M | $2.9M | |
| Operating Income (Reported) | -$1.8M | -$866.9K | $1.6M | -$2.6M | -$1.2M | |
| Operating Income (Adjusted) | -$1.3M | -$866.9K | $1.6M | -$2.6M | -$1.2M | |
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | -- | $38.3K | $442.4K | $2.2M | $167.3K | |
| Short Term Investments | -- | -- | -- | -- | -- | |
| Accounts Receivable, Net | -- | -- | $981.4K | $7.4M | $3.4M | |
| Inventory | -- | -- | -- | -- | -- | |
| Prepaid Expenses | -- | $3.9K | $900 | $115.3K | $28.7K | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | -- | $42.2K | $1.4M | $9.7M | $4.3M | |
| Property Plant And Equipment | -- | -- | $6M | $13.3M | $1.9M | |
| Long-Term Investments | -- | -- | -- | -- | -- | |
| Goodwill | -- | -- | $751.4K | $751.4K | -- | |
| Other Intangibles | -- | -- | -- | -- | -- | |
| Other Long-Term Assets | -- | -- | -- | $8.5K | -- | |
| Total Assets | -- | $50.9K | $9.5M | $25.8M | $7.4M | |
| Accounts Payable | -- | $82.6K | $233.8K | $3.7M | $556.6K | |
| Accrued Expenses | -- | -- | -- | $101.3K | $197.3K | |
| Current Portion Of Long-Term Debt | -- | -- | $1.3M | $2.8M | $789.7K | |
| Current Portion Of Capital Lease Obligations | -- | -- | -- | -- | -- | |
| Other Current Liabilities | -- | -- | -- | -- | -- | |
| Total Current Liabilities | -- | $432.6K | $1.6M | $9M | $3.5M | |
| Long-Term Debt | -- | -- | $3.7M | $5.3M | $1.8M | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | -- | $432.6K | $6.6M | $16.2M | $6.5M | |
| Common Stock | -- | $51.5K | $78.1K | $101K | $104.7K | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | -- | -$381.6K | $2.9M | $9.6M | $834.7K | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | -- | -- | -- | -- | -- | |
| Total Equity | -- | -$381.6K | $2.9M | $9.6M | $834.4K | |
| Total Liabilities and Equity | -- | $50.9K | $9.5M | $25.8M | $7.4M | |
| Cash and Short Terms | -- | $38.3K | $442.4K | $2.2M | $167.3K | |
| Total Debt | -- | $350K | -- | $8M | $2.6M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $57.4K | -- | $1M | $244.6K | $285.4K | |
| Short Term Investments | -- | -- | -- | -- | -- | |
| Accounts Receivable, Net | -- | -- | $2.9M | $4.8M | $447.2K | |
| Inventory | -- | -- | -- | -- | -- | |
| Prepaid Expenses | -- | -- | $103.1K | $30K | $52.9K | |
| Other Current Assets | -- | -- | -- | -- | -- | |
| Total Current Assets | $57.4K | -- | $4.1M | $5.1M | $800.8K | |
| Property Plant And Equipment | -- | -- | $14M | $4.6M | $56.8M | |
| Long-Term Investments | -- | -- | -- | -- | -- | |
| Goodwill | -- | $751.4K | $751.4K | $751.4K | -- | |
| Other Intangibles | -- | -- | -- | -- | -- | |
| Other Long-Term Assets | -- | -- | -- | -- | -- | |
| Total Assets | $68K | -- | $18.8M | $10.4M | $57.6M | |
| Accounts Payable | -- | -- | $924.3K | $1.1M | $499.2K | |
| Accrued Expenses | -- | -- | -- | $112.1K | -- | |
| Current Portion Of Long-Term Debt | -- | $396.9K | $2.5M | $1.5M | -- | |
| Current Portion Of Capital Lease Obligations | -- | -- | -- | -- | -- | |
| Other Current Liabilities | -- | -- | -- | -- | -- | |
| Total Current Liabilities | $155.7K | -- | $5.3M | $4.8M | $2.7M | |
| Long-Term Debt | -- | -- | $5.9M | $2.4M | $1.5M | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $155.7K | -- | $11.2M | $7.2M | $51.7M | |
| Common Stock | $51K | -- | $87.5K | $104.7K | $112.3K | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | -- | -- | -- | -- | -- | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | -- | -- | -- | -- | -- | |
| Total Equity | -$87.7K | -- | $7.6M | $3.3M | $5.8M | |
| Total Liabilities and Equity | $68K | -- | $18.8M | $10.4M | $57.6M | |
| Cash and Short Terms | $57.4K | -- | $1M | $244.6K | $285.4K | |
| Total Debt | -- | -- | $8.4M | $3.9M | $1.8M | |
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -- | -$1.7M | -$1.1M | $3.1M | -$9.8M | |
| Depreciation & Amoritzation | -- | -- | $395.5K | $1.8M | $1.9M | |
| Stock-Based Compensation | -- | $298K | $393.3K | $386.5K | $65.5K | |
| Change in Accounts Receivable | -- | -- | -$91.5K | -$6.5M | $4.1M | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | -- | -$1.4M | -$603.8K | $438.6K | -$1.6M | |
| Capital Expenditures | -- | -- | $5.8M | $2.1M | -- | |
| Cash Acquisitions | -- | -- | $750K | $1M | -- | |
| Cash From Investing | -- | -- | -$6.5M | -$7.2M | $430.1K | |
| Dividends Paid (Ex Special Dividend) | -- | -- | -- | -- | -- | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | -- | $350K | $5.1M | $4.6M | -- | |
| Long-Term Debt Repaid | -- | -- | -$436.1K | -$1.7M | -$1.4M | |
| Repurchase of Common Stock | -- | -- | -- | -- | -- | |
| Other Financing Activities | -- | -- | -- | -- | -- | |
| Cash From Financing | -- | $520K | $7.6M | $8.5M | -$848.2K | |
| Beginning Cash (CF) | -- | $884.1K | $442.4K | $2.2M | $167.3K | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | -- | -$845.8K | $404K | $1.7M | -$2M | |
| Ending Cash (CF) | -- | $38.3K | $846.4K | $3.9M | -$1.8M | |
| Levered Free Cash Flow | -- | -$1.4M | -$6.4M | -$1.7M | -$1.6M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -$504.4K | -- | $3.3M | -$5M | -$613.4K | |
| Depreciation & Amoritzation | -- | $132.5K | $351K | $327.8K | $26.3K | |
| Stock-Based Compensation | -- | -- | -- | $4.9K | $1K | |
| Change in Accounts Receivable | -- | $600.4K | -$503.4K | $948.6K | -$190.8K | |
| Change in Inventories | -- | -- | -- | $725.4K | -- | |
| Cash From Operations | -$383K | -- | $1.4M | -$208.8K | -$95.1K | |
| Capital Expenditures | -- | -- | $1.3M | -- | $600 | |
| Cash Acquisitions | -- | -- | $4.9M | -- | -- | |
| Cash From Investing | -- | -- | -$6.2M | $431.7K | -$220.6K | |
| Dividends Paid (Ex Special Dividend) | -- | -- | -- | -- | -- | |
| Special Dividend Paid | -- | -- | -- | -- | -- | |
| Long-Term Debt Issued | -- | -$591.7K | $4M | -- | -- | |
| Long-Term Debt Repaid | -- | -$158.8K | -$179.6K | -$13.4K | -- | |
| Repurchase of Common Stock | -- | -- | -- | -- | -- | |
| Other Financing Activities | -- | -- | -- | -- | -- | |
| Cash From Financing | $119K | -- | $5.4M | -$116.7K | $554.2K | |
| Beginning Cash (CF) | $321.4K | -- | $1M | $244.6K | $285.4K | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | -$264K | -- | $648.3K | $106.2K | $238.5K | |
| Ending Cash (CF) | $57.4K | -- | $1.7M | $350.8K | $523.9K | |
| Levered Free Cash Flow | -$383K | -- | $162.2K | -$208.8K | -$95.7K | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -$784.3K | -$1.5M | $3.2M | -$7.4M | $1.3M | |
| Depreciation & Amoritzation | -- | -- | $1.3M | $2.3M | $422.7K | |
| Stock-Based Compensation | $271.2K | -- | $447K | $393.8K | $174.8K | |
| Change in Accounts Receivable | -- | -- | -$2.6M | -$1.8M | $1.4M | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | -$1.4M | -$951.5K | $1M | -$2.5M | $292.4K | |
| Capital Expenditures | -- | $1.1M | $2M | $36.7K | $100.9K | |
| Cash Acquisitions | -- | -$734.2K | -$1M | -$3.9M | -- | |
| Cash From Investing | -- | -- | -$11.7M | $345.5K | -$332.9K | |
| Dividends Paid (Ex Special Dividend) | -- | -- | -- | -- | -- | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | -- | $923.3K | $8.6M | $180.8K | -- | |
| Long-Term Debt Repaid | -- | -- | -$1.4M | -$1.8M | -- | |
| Repurchase of Common Stock | -- | -- | -- | -- | -- | |
| Other Financing Activities | -- | -- | -- | -- | -- | |
| Cash From Financing | $119K | $3.8M | $10.5M | $1.3M | $87.4K | |
| Beginning Cash (CF) | -- | -- | -- | -- | -- | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | -$1.3M | $854.4K | -$130.5K | -$805.9K | $46.8K | |
| Ending Cash (CF) | -- | -- | -- | -- | -- | |
| Levered Free Cash Flow | -$1.4M | -$951.5K | -$5.6M | -$2.5M | $191.4K | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -$1.5M | -$873.4K | $3.1M | -$7.4M | $3.7M | |
| Depreciation & Amoritzation | -- | $187.9K | $1M | $1.6M | $151.7K | |
| Stock-Based Compensation | $158.9K | -- | -- | $61.2K | $170.5K | |
| Change in Accounts Receivable | -- | $392.9K | -$1.9M | $2.6M | -$42.6K | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | -$1.5M | -$828.2K | $1M | -$1.9M | $19.2K | |
| Capital Expenditures | -- | $1.1M | $2M | -- | $100.9K | |
| Cash Acquisitions | -- | $719.5K | $4.9M | -- | -- | |
| Cash From Investing | -- | -$1.8M | -$6.9M | $431.7K | -$331.8K | |
| Dividends Paid (Ex Special Dividend) | -- | -- | -- | -- | -- | |
| Special Dividend Paid | -- | -- | -- | -- | -- | |
| Long-Term Debt Issued | -- | $923.3K | $4.4M | -- | -- | |
| Long-Term Debt Repaid | -- | -$158.8K | -$1.1M | -$1.2M | -$366.5K | |
| Repurchase of Common Stock | -- | -- | -- | -- | -- | |
| Other Financing Activities | -- | -- | -- | -- | -- | |
| Cash From Financing | $119K | $4.4M | $6.5M | -$504.9K | $431.7K | |
| Beginning Cash (CF) | $2.6M | $1.9M | $1.6M | $1M | $586.4K | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | -$1.4M | $1.8M | $566.5K | -$1.9M | $119.2K | |
| Ending Cash (CF) | $1.3M | $3.7M | $2.2M | -$903.3K | $705.6K | |
| Levered Free Cash Flow | -$1.5M | -$1.9M | -$1M | -$1.9M | -$81.7K | |
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