ULCC
Frontier Group Holdings, Inc.
NASDAQ · USIndustrialsAirlines, Airports & Air Services
$6.21-0.32%
Price as of Jul 20, 2026
ULCC financials
Frontier Group Holdings, Inc. financial statements
Annual and quarterly income statement, balance sheet and cash-flow history. On small screens, start with four periods and expand the table when needed.
| Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | $3.7B | $3.8B | $3.6B | $3.3B |
| Cost of revenue | $2.4B | $1.8B | $3.3B | $3.0B |
| Gross profit | $1.3B | $1.9B | $302.0M | $282.0M |
| Operating expenses | $1.5B | $1.9B | $305.0M | $372.0M |
| Operating income | -$149.0M | $58.0M | -$3.0M | -$45.0M |
| Net income | -$137.0M | $85.0M | -$11.0M | -$37.0M |
| EBITDA | -$32.0M | $122.0M | $83.0M | $10.0M |
| Basic EPS | $-0.60 | $0.38 | $-0.05 | $-0.17 |
| Diluted EPS | $-0.60 | $0.38 | $-0.05 | $-0.17 |
| Balance sheet | ||||
| Cash & equivalents | $671.0M | $740.0M | $609.0M | $761.0M |
| Total assets | $7.2B | $6.2B | $5.0B | $4.5B |
| Total liabilities | $6.7B | $5.5B | $4.5B | $4.0B |
| Stockholders’ equity | $491.0M | $604.0M | $507.0M | $509.0M |
| Total debt | $5.5B | $4.5B | $3.5B | $2.9B |
| Net debt | $4.8B | $3.7B | $2.9B | $2.2B |
| Cash flow | ||||
| Operating cash flow | -$525.0M | -$82.0M | -$261.0M | -$78.0M |
| Capital expenditure | -$99.0M | -$76.0M | -$87.0M | -$152.0M |
| Free cash flow | -$624.0M | -$158.0M | -$348.0M | -$230.0M |
| Dividends paid | $0.00 | $0.00 | $0.00 | $0.00 |
| Share repurchases | $0.00 | $0.00 | -$5.0M | $0.00 |