Frontier Group Holdings Cash Flow 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
Net Income	-	85	-11	-37	-102
Depreciation & Amortization	-	72	50	45	38
Loss (Gain) From Sale of Assets	-	-294	-147	-87	-60
Stock-Based Compensation	-	16	14	15	11
Other Operating Activities	-	2	44	-	-9
Change in Accounts Receivable	-	22	33	-28	-14
Change in Inventory	-	20	-7	-40	174
Change in Accounts Payable	-	-15	47	-4	13
Change in Unearned Revenue	-	41	-60	40	138
Change in Other Net Operating Assets	-	-31	-224	18	27
Operating Cash Flow	-	-82	-261	-78	216
Capital Expenditures	-	-76	-87	-152	-63
Other Investing Activities	-	1	-3	-2	-4
Investing Cash Flow	-	-75	-90	-154	-67
Long-Term Debt Issued	-	740	334	344	222
Long-Term Debt Repaid	-	-447	-131	-266	-97
Total Debt Repaid	-	-447	-131	-266	-97
Net Debt Issued (Repaid)	-	293	203	78	125
Issuance of Common Stock	-	1	1	1	269
Repurchase of Common Stock	-	-6	-5	-4	-3
Financing Cash Flow	-	288	199	75	391
Net Cash Flow	-	131	-152	-157	540
Free Cash Flow	-	-158	-348	-230	153
Free Cash Flow Margin	-	-4.18%	-9.70%	-6.92%	7.43%
Free Cash Flow Per Share	-	-0.70	-1.58	-1.06	0.72
Cash Interest Paid	-	33	28	14	9
Cash Income Tax Paid	-	-	-	-	-158
Levered Free Cash Flow	-	-82	-194.13	-136.5	94.88
Unlevered Free Cash Flow	-	-79.5	-193.5	-130.25	113
Change in Working Capital	-	37	-211	-14	338

Updated Feb 11, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q