vs
Side-by-side financial comparison of JETBLUE AIRWAYS CORP (JBLU) and Toast, Inc. (TOST). Click either name above to swap in a different company.
JETBLUE AIRWAYS CORP is the larger business by last-quarter revenue ($2.2B vs $1.6B, roughly 1.4× Toast, Inc.). Toast, Inc. runs the higher net margin — 6.2% vs -14.2%, a 20.4% gap on every dollar of revenue. On growth, Toast, Inc. posted the faster year-over-year revenue change (22.0% vs 4.7%). Over the past eight quarters, Toast, Inc.'s revenue compounded faster (23.3% CAGR vs -3.9%).
JetBlue Airways Corporation, stylized as jetBlue, is an American low-cost airline headquartered in Long Island City, in Queens, New York City. Primarily a point-to-point carrier, JetBlue's network features six focus cities including its main hub at New York City's John F. Kennedy International Airport, with destinations across the Americas and Europe. Although not a member of any global airline alliances, JetBlue has codeshare agreements with airlines from Oneworld, SkyTeam, and Star Alliance.
Toast, Inc. is an American cloud-based restaurant management software company based in Boston, Massachusetts. The company provides an all-in-one point of sale (POS) system built on the Android operating system.
JBLU vs TOST — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.2B | $1.6B |
| Net Profit | $-319.0M | $101.0M |
| Gross Margin | — | 25.9% |
| Operating Margin | — | 5.2% |
| Net Margin | -14.2% | 6.2% |
| Revenue YoY | 4.7% | 22.0% |
| Net Profit YoY | -53.4% | 215.6% |
| EPS (diluted) | $-0.86 | $0.18 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $2.2B | — | ||
| Q4 25 | $2.2B | $1.6B | ||
| Q3 25 | $2.3B | $1.6B | ||
| Q2 25 | $2.4B | $1.6B | ||
| Q1 25 | $2.1B | $1.3B | ||
| Q4 24 | $2.3B | $1.3B | ||
| Q3 24 | $2.4B | $1.3B | ||
| Q2 24 | $2.4B | $1.2B |
| Q1 26 | $-319.0M | — | ||
| Q4 25 | $-177.0M | $101.0M | ||
| Q3 25 | $-143.0M | $105.0M | ||
| Q2 25 | $-74.0M | $80.0M | ||
| Q1 25 | $-208.0M | $56.0M | ||
| Q4 24 | $-44.0M | $32.0M | ||
| Q3 24 | $-60.0M | $56.0M | ||
| Q2 24 | $25.0M | $14.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 25.9% | ||
| Q3 25 | — | 26.5% | ||
| Q2 25 | — | 25.3% | ||
| Q1 25 | — | 25.9% | ||
| Q4 24 | — | 24.9% | ||
| Q3 24 | — | 24.7% | ||
| Q2 24 | — | 23.0% |
| Q1 26 | — | — | ||
| Q4 25 | -4.5% | 5.2% | ||
| Q3 25 | -4.3% | 5.1% | ||
| Q2 25 | 0.3% | 5.2% | ||
| Q1 25 | -8.1% | 3.2% | ||
| Q4 24 | 0.7% | 2.5% | ||
| Q3 24 | -1.6% | 2.6% | ||
| Q2 24 | 2.3% | 0.4% |
| Q1 26 | -14.2% | — | ||
| Q4 25 | -7.9% | 6.2% | ||
| Q3 25 | -6.2% | 6.4% | ||
| Q2 25 | -3.1% | 5.2% | ||
| Q1 25 | -9.7% | 4.2% | ||
| Q4 24 | -1.9% | 2.4% | ||
| Q3 24 | -2.5% | 4.3% | ||
| Q2 24 | 1.0% | 1.1% |
| Q1 26 | $-0.86 | — | ||
| Q4 25 | $-0.47 | $0.18 | ||
| Q3 25 | $-0.39 | $0.16 | ||
| Q2 25 | $-0.21 | $0.13 | ||
| Q1 25 | $-0.59 | $0.09 | ||
| Q4 24 | $-0.09 | $0.09 | ||
| Q3 24 | $-0.17 | $0.07 | ||
| Q2 24 | $0.07 | $0.02 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.9B | $1.4B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.8B | $2.1B |
| Total Assets | $16.6B | $3.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.9B | — | ||
| Q4 25 | $2.2B | $1.4B | ||
| Q3 25 | $2.6B | $1.4B | ||
| Q2 25 | $3.1B | $1.2B | ||
| Q1 25 | $3.5B | $1.0B | ||
| Q4 24 | $3.6B | $903.0M | ||
| Q3 24 | $4.0B | $761.0M | ||
| Q2 24 | $1.5B | $691.0M |
| Q1 26 | — | — | ||
| Q4 25 | $7.7B | — | ||
| Q3 25 | $7.8B | — | ||
| Q2 25 | $7.7B | — | ||
| Q1 25 | $8.1B | — | ||
| Q4 24 | $8.1B | — | ||
| Q3 24 | $7.9B | — | ||
| Q2 24 | $5.0B | — |
| Q1 26 | $1.8B | — | ||
| Q4 25 | $2.1B | $2.1B | ||
| Q3 25 | $2.3B | $2.0B | ||
| Q2 25 | $2.4B | $1.8B | ||
| Q1 25 | $2.4B | $1.7B | ||
| Q4 24 | $2.6B | $1.5B | ||
| Q3 24 | $2.6B | $1.4B | ||
| Q2 24 | $2.7B | $1.3B |
| Q1 26 | $16.6B | — | ||
| Q4 25 | $16.6B | $3.1B | ||
| Q3 25 | $16.6B | $3.0B | ||
| Q2 25 | $16.9B | $2.8B | ||
| Q1 25 | $17.1B | $2.6B | ||
| Q4 24 | $16.8B | $2.4B | ||
| Q3 24 | $16.6B | $2.2B | ||
| Q2 24 | $14.0B | $2.2B |
| Q1 26 | — | — | ||
| Q4 25 | 3.65× | — | ||
| Q3 25 | 3.42× | — | ||
| Q2 25 | 3.21× | — | ||
| Q1 25 | 3.31× | — | ||
| Q4 24 | 3.08× | — | ||
| Q3 24 | 2.98× | — | ||
| Q2 24 | 1.86× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $194.0M |
| Free Cash FlowOCF − Capex | — | $178.0M |
| FCF MarginFCF / Revenue | — | 10.9% |
| Capex IntensityCapex / Revenue | 6.3% | 1.0% |
| Cash ConversionOCF / Net Profit | — | 1.92× |
| TTM Free Cash FlowTrailing 4 quarters | — | $608.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $49.0M | $194.0M | ||
| Q3 25 | $-142.0M | $165.0M | ||
| Q2 25 | $-115.0M | $223.0M | ||
| Q1 25 | $114.0M | $79.0M | ||
| Q4 24 | $-17.0M | $147.0M | ||
| Q3 24 | $-29.0M | $109.0M | ||
| Q2 24 | $-14.0M | $124.0M |
| Q1 26 | — | — | ||
| Q4 25 | $-287.0M | $178.0M | ||
| Q3 25 | $-411.0M | $153.0M | ||
| Q2 25 | $-412.0M | $208.0M | ||
| Q1 25 | $-62.0M | $69.0M | ||
| Q4 24 | $-368.0M | $134.0M | ||
| Q3 24 | $-302.0M | $97.0M | ||
| Q2 24 | $-441.0M | $108.0M |
| Q1 26 | — | — | ||
| Q4 25 | -12.8% | 10.9% | ||
| Q3 25 | -17.7% | 9.4% | ||
| Q2 25 | -17.5% | 13.4% | ||
| Q1 25 | -2.9% | 5.2% | ||
| Q4 24 | -16.2% | 10.0% | ||
| Q3 24 | -12.8% | 7.4% | ||
| Q2 24 | -18.2% | 8.7% |
| Q1 26 | 6.3% | — | ||
| Q4 25 | 15.0% | 1.0% | ||
| Q3 25 | 11.6% | 0.7% | ||
| Q2 25 | 12.6% | 1.0% | ||
| Q1 25 | 8.2% | 0.7% | ||
| Q4 24 | 15.4% | 1.0% | ||
| Q3 24 | 11.5% | 0.9% | ||
| Q2 24 | 17.6% | 1.3% |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.92× | ||
| Q3 25 | — | 1.57× | ||
| Q2 25 | — | 2.79× | ||
| Q1 25 | — | 1.41× | ||
| Q4 24 | — | 4.59× | ||
| Q3 24 | — | 1.95× | ||
| Q2 24 | -0.56× | 8.86× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
JBLU
Segment breakdown not available.
TOST
| Technology Service | $1.3B | 82% |
| License | $256.0M | 16% |
| Product And Professional Services | $43.0M | 3% |
