JetBlue reported a wider loss and lower revenue in the fourth quarter, citing a challenging operating environment given macroeconomic uncertainty.
JetBlue shares dropped 5.1% in premarket trading.
The company reported a loss of $177 million, or 48 cents a share, compared with a loss of $44 million, or 13 cents a share, the year prior. Analysts polled by FactSet expected a loss of 45 cents a share.
Capacity fell 1.6% while total operating revenues decreased 1.5% to $2.24 billion. Wall Street expected $2.22 billion.
"Macroeconomic uncertainty impeded our return to profitability in 2025," said Chief Executive Joanna Geraghty, who added the company expected improved financial performance in 2026.
The company guided for available seat miles to rise 2.5% to 4.5% in fiscal 2026 and increase 0.5% to 3.5% in the fiscal first quarter.