Spirit Aviation Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	3,720	4,812	5,268	4,989	3,176
Other Revenue	76.86	101.67	94.39	79.08	54.97
Revenue	3,797	4,913	5,363	5,068	3,231
Revenue Growth (YoY)	-22.73%	-8.38%	5.80%	56.88%	78.49%
Cost of Revenue	3,665	4,492	4,531	4,095	2,793
Gross Profit	131.98	420.96	831.97	973.03	437.34
Selling, General & Admin	172.97	197.2	190.89	177.56	132.5
Other Operating Expenses	687.58	807.49	792.23	711.21	530.83
Operating Expenses	1,028	1,216	1,224	1,105	868.61
Operating Income	-896.16	-795.48	-392.25	-132.12	-431.27
Interest Expense	-206.33	-201.01	-135.83	-117.09	-136.61
Interest & Investment Income	32.27	48.32	61.65	20.08	5.37
Currency Exchange Gain (Loss)	-	-	-	-4.82	-0.58
Other Non Operating Income (Expenses)	-1.65	65.69	-4.07	-	-
EBT Excluding Unusual Items	-1,072	-882.47	-470.5	-233.94	-563.09
Merger & Restructuring Charges	-1,769	-132.88	-69.5	-	-
Gain (Loss) on Sale of Assets	97.44	-273.87	-33.97	-46.62	-3.32
Asset Writedown	-	-	-	-333.7	-
Other Unusual Items	-7.14	-0.49	15.37	-86.47	46.09
Pretax Income	-2,751	-1,290	-558.6	-700.74	-520.32
Income Tax Expense	9.63	-60.21	-111.13	-146.59	-47.75
Net Income	-2,760	-1,229	-447.46	-554.15	-472.57
Net Income to Common	-2,760	-1,229	-447.46	-554.15	-472.57
Shares Outstanding (Basic)	51	109	109	109	105
Shares Outstanding (Diluted)	51	109	109	109	105
Shares Change (YoY)	-53.31%	0.31%	0.37%	3.57%	23.98%
EPS (Basic)	-53.99	-11.23	-4.10	-5.10	-4.50
EPS (Diluted)	-53.99	-11.23	-4.10	-5.10	-4.50
Free Cash Flow	-981.15	-889.99	-621.3	-533.68	-142.7
Free Cash Flow Per Share	-19.19	-8.13	-5.69	-4.91	-1.36
Gross Margin	3.48%	8.57%	15.52%	19.20%	13.54%
Operating Margin	-23.60%	-16.19%	-7.32%	-2.61%	-13.35%
Profit Margin	-72.71%	-25.02%	-8.34%	-10.93%	-14.63%
Free Cash Flow Margin	-25.84%	-18.11%	-11.59%	-10.53%	-4.42%
EBITDA	-763.54	-617.61	-174.15	67	-238.19
EBITDA Margin	-20.11%	-12.57%	-3.25%	1.32%	-7.37%
D&A For EBITDA	132.62	177.87	218.11	199.12	193.08
EBIT	-896.16	-795.48	-392.25	-132.12	-431.27
EBIT Margin	-23.60%	-16.19%	-7.32%	-2.61%	-13.35%
Revenue as Reported	3,797	4,913	5,363	5,068	3,231

Source: S&P Global Market Intelligence. Standard template. Financial Sources.