Frontier Group Holdings, Inc. (ULCC) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 992M | 997M | 886M | 929M | 912M | 1B | 935M | 973M | 865M | 891M | 883M | 967M | 848M | 906M | 906M | 909M | 605M | 609M | 630M | 550M |
| Revenue Growth % | 8.77% | -0.5% | -5.24% | -4.52% | 5.43% | 12.46% | 5.89% | 0.62% | 2% | -1.66% | -2.54% | 6.38% | 40.17% | 48.77% | 43.81% | 65.27% | 123.25% | 128.09% | 157.14% | - |
| Cost of Goods Sold | 678M | 533M | 484M | 924M | 461M | 919M | 687M | 901M | 927M | 855M | 750M | 791M | 806M | 790M | 779M | 808M | 667M | 625M | 602M | 570M |
| COGS % of Revenue | 68.35% | 53.46% | 54.63% | 99.46% | 50.55% | 91.72% | 73.48% | 92.6% | 107.17% | 95.96% | 84.94% | 81.8% | 95.05% | 87.2% | 85.98% | 88.89% | 110.25% | 102.63% | 95.56% | 103.64% |
| Gross Profit | 314M | 464M | 402M | 5M | 451M | 83M | 248M | 72M | -62M | 36M | 133M | 176M | 42M | 116M | 127M | 101M | -62M | -16M | 28M | -20M |
| Gross Margin % | 31.65% | 46.54% | 45.37% | 0.54% | 49.45% | 8.28% | 26.52% | 7.4% | -7.17% | 4.04% | 15.06% | 18.2% | 4.95% | 12.8% | 14.02% | 11.11% | -10.25% | -2.63% | 4.44% | -3.64% |
| Gross Profit Growth % | -30.38% | 459.04% | 62.1% | -93.06% | 827.42% | 130.56% | 86.47% | -59.09% | -247.62% | -68.97% | 4.72% | 74.26% | 167.74% | 825% | 353.57% | 605% | 68.04% | 89.74% | 118.92% | - |
| Operating Expenses | 597M | 415M | 479M | 80M | 497M | 38M | 229M | 46M | 55M | 74M | 187M | 97M | 66M | 82M | 83M | 85M | 80M | 70M | -15M | -38M |
| OpEx % of Revenue | 60.18% | 41.62% | 54.06% | 8.61% | 54.5% | 3.79% | 24.49% | 4.73% | 6.36% | 8.31% | 21.18% | 10.03% | 7.78% | 9.05% | 9.16% | 9.35% | 13.22% | 11.49% | -2.38% | -6.91% |
| Selling, General & Admin | 43M | 41M | 38M | 39M | 41M | 45M | 46M | 47M | 40M | 39M | 41M | 44M | 40M | 44M | 42M | 46M | 32M | 29M | 33M | 30M |
| SG&A % of Revenue | 4.33% | 4.11% | 4.29% | 4.2% | 4.5% | 4.49% | 4.92% | 4.83% | 4.62% | 4.38% | 4.64% | 4.55% | 4.72% | 4.86% | 4.64% | 5.06% | 5.29% | 4.76% | 5.24% | 5.45% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | -1000K | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | -1000K |
| Operating Income | -330M | 49M | -77M | -75M | -46M | 45M | 19M | 25M | -31M | -3M | -54M | 79M | -25M | 45M | 56M | 7M | -153M | -86M | 43M | 18M |
| Operating Margin % | -33.27% | 4.91% | -8.69% | -8.07% | -5.04% | 4.49% | 2.03% | 2.57% | -3.58% | -0.34% | -6.12% | 8.17% | -2.95% | 4.97% | 6.18% | 0.77% | -25.29% | -14.12% | 6.83% | 3.27% |
| Operating Income Growth % | -617.39% | 8.89% | -505.26% | -400% | -48.39% | 1600% | 135.19% | -68.35% | -24% | -106.67% | -196.43% | 1028.57% | 83.66% | 152.33% | 30.23% | -61.11% | -66.3% | 53.26% | 153.09% | - |
| EBITDA | -268M | 75M | -53M | -54M | -26M | 64M | 38M | 43M | -15M | 11M | -41M | 91M | -14M | 54M | 64M | 22M | -140M | -76M | 53M | 28M |
| EBITDA Margin % | -27.02% | 7.52% | -5.98% | -5.81% | -2.85% | 6.39% | 4.06% | 4.42% | -1.73% | 1.23% | -4.64% | 9.41% | -1.65% | 5.96% | 7.06% | 2.42% | -23.14% | -12.48% | 8.41% | 5.09% |
| EBITDA Growth % | -930.77% | 17.19% | -239.47% | -225.58% | -73.33% | 481.82% | 192.68% | -52.75% | -7.14% | -79.63% | -164.06% | 313.64% | 90% | 171.05% | 20.75% | -21.43% | -66.67% | 56.32% | 172.6% | - |
| D&A (Non-Cash Add-back) | 62M | 26M | 24M | 21M | 20M | 19M | 19M | 18M | 16M | 14M | 13M | 12M | 11M | 9M | 8M | 15M | 13M | 10M | 10M | 10M |
| EBIT | -330M | 49M | -61M | -68M | -49M | 52M | 29M | -52M | -24M | 5M | -44M | 62M | -17M | 18M | 23M | 9M | -153M | -85M | 44M | 18M |
| Net Interest Income | 2M | 3M | 1M | 5M | 6M | 6M | 8M | 7M | 7M | 9M | 9M | 9M | 8M | 5M | 2M | 1M | -8M | 0 | -2M | -4M |
| Interest Income | 6M | 6M | 6M | 7M | 7M | 7M | 10M | 8M | 7M | 8M | 10M | 10M | 8M | 5M | 3M | 2M | 0 | 1M | 1M | 0 |
| Interest Expense | 4M | 3M | 5M | 2M | 1M | 1M | 2M | 1M | 0 | 0 | 1M | 1M | 0 | 0 | 1M | 1M | 8M | 1M | 3M | 4M |
| Other Income/Expense | 2M | 3M | 1M | 5M | 6M | 6M | 8M | 7M | 7M | 9M | 9M | 9M | 8M | 5M | 2M | 1M | -8M | 0 | -2M | -4M |
| Pretax Income | -281M | 52M | -76M | -70M | -40M | 51M | 27M | 32M | -24M | 6M | -45M | 88M | -17M | 50M | 58M | 8M | -161M | -86M | 41M | 14M |
| Pretax Margin % | -28.33% | 5.22% | -8.58% | -7.54% | -4.39% | 5.09% | 2.89% | 3.29% | -2.77% | 0.67% | -5.1% | 9.1% | -2% | 5.52% | 6.4% | 0.88% | -26.61% | -14.12% | 6.51% | 2.55% |
| Income Tax | -9M | -1M | 1M | 0 | 3M | -3M | 1M | 1M | 2M | 43M | -13M | 17M | -4M | 10M | 27M | -5M | -40M | -33M | 18M | -5M |
| Effective Tax Rate % | 3.2% | -1.92% | -1.32% | 0% | -7.5% | -5.88% | 3.7% | 3.13% | -8.33% | 716.67% | 28.89% | 19.32% | 23.53% | 20% | 46.55% | -62.5% | 24.84% | 38.37% | 43.9% | -35.71% |
| Net Income | -272M | 53M | -77M | -70M | -43M | 54M | 26M | 31M | -26M | -37M | -32M | 71M | -13M | 40M | 31M | 13M | -121M | -53M | 23M | 19M |
| Net Margin % | -27.42% | 5.32% | -8.69% | -7.54% | -4.71% | 5.39% | 2.78% | 3.19% | -3.01% | -4.15% | -3.62% | 7.34% | -1.53% | 4.42% | 3.42% | 1.43% | -20% | -8.7% | 3.65% | 3.45% |
| Net Income Growth % | -532.56% | -1.85% | -396.15% | -325.81% | -65.38% | 245.95% | 181.25% | -56.34% | -100% | -192.5% | -203.23% | 446.15% | 89.26% | 175.47% | 34.78% | -31.58% | -32.97% | 58.27% | 145.1% | - |
| Net Income (Continuing) | -272M | 53M | -77M | -70M | -43M | 54M | 26M | 31M | -26M | -37M | -32M | 71M | -13M | 40M | 31M | 13M | -121M | -53M | 23M | 19M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -1.18 | 0.23 | -0.34 | -0.31 | -0.19 | 0.23 | 0.11 | 0.14 | -0.12 | -0.17 | -0.14 | 0.31 | -0.06 | 0.18 | 0.13 | 0.06 | -0.56 | -0.25 | 0.10 | 0.08 |
| EPS Growth % | -521.05% | 0% | -409.09% | -321.43% | -58.33% | 235.29% | 178.57% | -54.84% | -101.34% | -194.44% | -207.69% | 421.89% | 89.36% | 172% | 30% | -25.75% | -33.33% | 57.63% | 141.67% | - |
| EPS (Basic) | -1.19 | 0.23 | -0.34 | -0.31 | -0.19 | 0.24 | 0.11 | 0.14 | -0.12 | -0.17 | -0.14 | 0.31 | -0.06 | 0.18 | 0.13 | 0.06 | -0.56 | -0.25 | 0.10 | 0.08 |
| Diluted Shares Outstanding | 229.97M | 229.97M | 227.94M | 227.94M | 226.99M | 225.72M | 225.72M | 226.6M | 223.43M | 221.93M | 220.84M | 220.43M | 218.18M | 220M | 219.88M | 218.94M | 217.26M | 216M | 218.25M | 215.89M |
| Basic Shares Outstanding | 228.79M | 228.79M | 227.94M | 227.94M | 226.99M | 225.19M | 224.48M | 224.21M | 223.43M | 221.93M | 220.84M | 219.4M | 218.18M | 218M | 217.72M | 217.6M | 216.07M | 215.06M | 215.45M | 214.34M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |