Frontier Group 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
Revenue	3,724	3,775	3,589	3,326	2,060
Revenue Growth (YoY)	-1.35%	5.18%	7.91%	61.46%	64.80%
Cost of Revenue	3,873	3,717	3,592	3,371	2,177
Gross Profit	-149	58	-3	-45	-117
Operating Income	-149	58	-3	-45	-117
Interest Income	26	32	36	10	2
Interest Expense	-11	-4	-1	-10	-29
Total Non-Operating Income (Expense)	15	28	35	-	-27
Pretax Income	-134	86	32	-45	-144
Provision for Income Taxes	3	1	43	-8	-42
Net Income	-137	85	-11	-37	-102
Net Income to Common	-137	85	-11	-37	-102
Shares Outstanding (Basic)	228	224	220	218	211
Shares Outstanding (Diluted)	228	226	220	218	211
Shares Change (YoY)	0.57%	2.90%	1.15%	2.92%	6.11%
EPS (Basic)	-0.60	0.37	-0.05	-0.17	-0.48
EPS (Diluted)	-0.60	0.37	-0.05	-0.17	-0.48
Free Cash Flow	-600	-158	-312	-119	189
Free Cash Flow Per Share	-2.63	-0.70	-1.42	-0.55	0.89
Gross Margin	-4.00%	1.54%	-0.08%	-1.35%	-5.68%
Operating Margin	-4.00%	1.54%	-0.08%	-1.35%	-5.68%
Profit Margin	-3.68%	2.25%	-0.31%	-1.11%	-4.95%
FCF Margin	-16.11%	-4.19%	-8.69%	-3.58%	9.17%
EBITDA	-58	130	47	0	-79
EBITDA Margin	-1.56%	3.44%	1.31%	0.00%	-3.83%
EBIT	-149	58	-3	-45	-117
EBIT Margin	-4.00%	1.54%	-0.08%	-1.35%	-5.68%
Effective Tax Rate	-2.24%	1.16%	134.38%	17.78%	29.17%

Updated Feb 11, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q