Spirit Aviation Holdings, Inc. (FLYY) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
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FLYY Revenue Growth
FLYY Revenue Analysis (2013–2024)
As of May 8, 2026, Spirit Aviation Holdings, Inc. (FLYY) generated trailing twelve-month (TTM) revenue of $4.67 billion, reflecting significant decline in growth of -20.4% year-over-year. The most recent quarter (Q2 2025) recorded $1.02 billion in revenue, down 12.8% sequentially.
Looking at the longer-term picture, FLYY's 5-year compound annual growth rate (CAGR) stands at +5.1%, indicating steady revenue expansion. The company achieved its highest annual revenue of $5.36 billion in 2023.
When compared to Industrials sector peers including ULCC (-0.5% YoY), SKY (+8.7% YoY), and AAL (+3.3% YoY), FLYY has underperformed the peer group in terms of revenue growth. Compare FLYY vs ULCC →
FLYY Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| FLYYCurrent | $4.7B | -20.4% | +5.1% | -22.5% | |
 ULCC | $3.7B | -0.5% | +24.4% | -4.0% | |
 SKY | $2.5B | +8.7% | +12.6% | 9.5% | |
 AAL | $54.6B | +3.3% | +25.8% | 2.7% | |
 UAL | $59.1B | +4.7% | +30.9% | 8.0% | |
 DAL | $63.4B | +2.8% | +30.0% | 9.2% |
FLYY Historical Revenue Data (2013–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $4.91B | -8.4% | $209.2M | 4.3% | $-1,105,378,000 | -22.5% |
| 2023 | $5.36B | +5.8% | $590.9M | 11.0% | $-495,757,000 | -9.2% |
| 2022 | $5.07B | +56.9% | $756.6M | 14.9% | $-598,917,000 | -11.8% |
| 2021 | $3.23B | +78.5% | $232.1M | 7.2% | $-56,874,000 | -1.8% |
| 2020 | $1.81B | -52.7% | $-368,014,000 | -20.3% | $-507,762,000 | -28.1% |
| 2019 | $3.83B | +15.3% | $1.16B | 30.4% | $501.0M | 13.1% |
| 2018 | $3.32B | +25.7% | $966.0M | 29.1% | $350.9M | 10.6% |
| 2017 | $2.64B | +13.9% | $862.9M | 32.6% | $384.8M | 14.6% |
| 2016 | $2.32B | +8.3% | $846.9M | 36.5% | $441.5M | 19.0% |
| 2015 | $2.14B | +10.9% | $805.5M | 37.6% | $509.1M | 23.8% |
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Start ComparisonFLYY — Frequently Asked Questions
Quick answers to the most common questions about buying FLYY stock.
Is FLYY's revenue growth accelerating or slowing?
FLYY revenue declined -20.4% year-over-year, contrasting with the 5-year CAGR of +5.1%. TTM revenue fell to $4.7B. This reverses the prior growth trend.
What is FLYY's long-term revenue growth rate?
Spirit Aviation Holdings, Inc.'s 5-year revenue CAGR of +5.1% reflects the variable expansion pattern. Current YoY growth of -20.4% is below this long-term average.
How is FLYY's revenue distributed by segment?
FLYY reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2024 are available for download. Segment mix reveals concentration and diversification trends.