Revenue
1.36 billion USD
2026 Q3 · USD
Exact inputs and evidence
- Revenue: 1355000000 USD Source
Fundies. English
Frontier Group Holdings, Inc.
EDGARAnnual consolidated revenue for 2025: about USD 3.724B, using the latest reported figures. The previous period, 2024, was about USD 3.775B.
Latest quarter
Operating margin
-7.97%
2026 Q3 · %
Operating cash flow
-41 million USD
2026 Q3 · USD
- Cash and cash equivalents
- 976 million USD Source
Exact value
976000000 USD
- Long-term debt including current maturities
- 486 million USD Source
Exact value
486000000 USD
- Shares outstanding
- 230 million shares Source
Exact value
230344050 shares
Reported share-count change
0.93% · 2.11 million shares
Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.
Trailing twelve months
The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.
Revenue
4.62 billion USD
2025-10-01 – 2026-09-30
Exact inputs and evidence
Net income
-413 million USD
2025-10-01 – 2026-09-30
Exact inputs and evidence
Operating cash flow
59 million USD
2025-10-01 – 2026-09-30
Exact inputs and evidence
- Operating cash flow: -525000000 USD · 2025-01-01 – 2025-12-31 Source
- Operating cash flow: -434000000 USD · 2025-01-01 – 2025-09-30 Source
- Operating cash flow: 40000000 USD · 2026-01-01 – 2026-03-31 Source
- Operating cash flow: 191000000 USD · 2026-01-01 – 2026-06-30 Source
- Operating cash flow: 40000000 USD · 2026-01-01 – 2026-03-31 Source
- Operating cash flow: 150000000 USD · 2026-01-01 – 2026-09-30 Source
- Operating cash flow: 191000000 USD · 2026-01-01 – 2026-06-30 Source
Includes later revisions to earlier periods. Annual charts exclude incomplete years.
Latest filing recorded: 2026-10-28.
Financial data available through: 2025-12-31.
Coverage by financial measure
- Revenue: 7 of 11 periods available· newest 2025-12-31
- Operating income: 7 of 11 periods available· newest 2025-12-31
- Net income: 7 of 11 periods available· newest 2025-12-31
- Operating cash flow: 7 of 11 periods available· newest 2025-12-31
- capital expenditure: No compatible figures in this window
- Total assets: 6 of 11 periods available· newest 2025-12-31
- Total liabilities: 6 of 11 periods available· newest 2025-12-31
- Current assets: 6 of 11 periods available· newest 2025-12-31
- Current liabilities: 6 of 11 periods available· newest 2025-12-31
- Cash and cash equivalents: 6 of 11 periods available· newest 2025-12-31
- Long-term debt including current maturities: 5 of 11 periods available· newest 2025-12-31
- Shares outstanding: 6 of 11 periods available· newest 2025-12-31
Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.
What changed year over year
Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.
Revenue
-1.4%Prior period
USD 3.78 billion
–
Current period
USD 3.72 billion
–
Exact inputs and evidence
3724000000 − 3775000000 = -51000000 USD
3775000000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source3724000000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Net income
-261.2%Prior period
USD 85 million
–
Current period
−USD 137 million
–
Exact inputs and evidence
-137000000 − 85000000 = -222000000 USD
85000000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source-137000000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
−USD 443 millionPrior period
−USD 82 million
–
Current period
−USD 525 million
–
Exact inputs and evidence
-525000000 − -82000000 = -443000000 USD
-82000000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source-525000000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Comparable inputs unavailable for: Capital expenditure.
Where revenue goes
How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.
2025 2025-01-01 – 2025-12-31
- Revenue USD 3.72 billion 100% of revenue
- Operating costs Derived USD 3.87 billion 104% of revenue
- Operating income −USD 149 million −4% of revenue
- Tax, interest and other Derived −USD 12 million −0.3% of revenue
- Net income −USD 137 million −3.7% of revenue
Cash
- Operating cash flow −USD 525 million −14% of revenue
- Capital expenditure Unavailable An input is unavailable.
- Free cash flow Derived Unavailable An input is unavailable.
Share of revenue by period
- Net income
- Tax, interest and other
- Operating costs
- 2019 10%88%
- 2020 Operating loss: operating costs were 129% of revenue.
- 2021 Operating loss: operating costs were 106% of revenue.
- 2022 Operating loss: operating costs were 101% of revenue.
- 2023 Operating loss: operating costs were 100% of revenue.
- 2024 Net income was higher than operating income, so the split is not drawn.
- 2025 Operating loss: operating costs were 104% of revenue.
Values and sources
| Period | Revenue | Operating costs | Operating income | Tax, interest and other | Net income | Free cash flow | Source |
|---|---|---|---|---|---|---|---|
| 2019 2019-01-01 – 2019-12-31 | 2508000000 | 2199000000 Derived | 309000000 | 58000000 Derived | 251000000 | Unavailable | Source
|
| 2020 2020-01-01 – 2020-12-31 | 1250000000 | 1615000000 Derived | -365000000 | -140000000 Derived | -225000000 | Unavailable | Source
|
| 2021 2021-01-01 – 2021-12-31 | 2060000000 | 2177000000 Derived | -117000000 | -15000000 Derived | -102000000 | Unavailable | Source
|
| 2022 2022-01-01 – 2022-12-31 | 3326000000 | 3371000000 Derived | -45000000 | -8000000 Derived | -37000000 | Unavailable | Source
|
| 2023 2023-01-01 – 2023-12-31 | 3589000000 | 3592000000 Derived | -3000000 | 8000000 Derived | -11000000 | Unavailable | Source
|
| 2024 2024-01-01 – 2024-12-31 | 3775000000 | 3717000000 Derived | 58000000 | -27000000 Derived | 85000000 | Unavailable | Source
|
| 2025 2025-01-01 – 2025-12-31 | 3724000000 | 3873000000 Derived | -149000000 | -12000000 Derived | -137000000 | Unavailable | Source
|
Amounts are exact, in USD.
Growth
Sales over time and how quickly they are changing.
Revenue
Revenue reported for each complete financial period.
USD 3.7B 2025
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2019 | Revenue | 2508000000 |
|
| 2020 | Revenue | 1250000000 |
|
| 2021 | Revenue | 2060000000 |
|
| 2022 | Revenue | 3326000000 |
|
| 2023 | Revenue | 3589000000 |
|
| 2024 | Revenue | 3775000000 |
|
| 2025 | Revenue | 3724000000 |
|
Revenue growth
Change in revenue from the same financial period one year earlier.
-1.4% 2025
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2019 | Year over year | No prior comparable period |
|
| 2020 | Year over year | -50.2% |
|
| 2021 | Year over year | 64.8% |
|
| 2022 | Year over year | 61.5% |
|
| 2023 | Year over year | 7.9% |
|
| 2024 | Year over year | 5.2% |
|
| 2025 | Year over year | -1.4% |
|
Profit and cash
How much revenue becomes profit, and how much cash operations generate.
Profit margins
Operating income, net income and free cash flow as a share of revenue.
Operating margin -4% 2025
Net margin -3.7% 2025
- Operating margin
- Net margin
- Free cash flow margin
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2019 | Operating margin | 12.3% |
|
| 2020 | Operating margin | -29.2% |
|
| 2021 | Operating margin | -5.7% |
|
| 2022 | Operating margin | -1.4% |
|
| 2023 | Operating margin | -0.1% |
|
| 2024 | Operating margin | 1.5% |
|
| 2025 | Operating margin | -4% |
|
| 2019 | Net margin | 10% |
|
| 2020 | Net margin | -18% |
|
| 2021 | Net margin | -5% |
|
| 2022 | Net margin | -1.1% |
|
| 2023 | Net margin | -0.3% |
|
| 2024 | Net margin | 2.3% |
|
| 2025 | Net margin | -3.7% |
|
| 2019 | Free cash flow margin | Not reported |
|
| 2020 | Free cash flow margin | Not reported |
|
| 2021 | Free cash flow margin | Not reported |
|
| 2022 | Free cash flow margin | Not reported |
|
| 2023 | Free cash flow margin | Not reported |
|
| 2024 | Free cash flow margin | Not reported |
|
| 2025 | Free cash flow margin | Not reported |
|
Operating cash flow
Cash generated by the company’s normal business operations.
USD -525M 2025
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2019 | Operating cash flow | 171000000 |
|
| 2020 | Operating cash flow | -557000000 |
|
| 2021 | Operating cash flow | 216000000 |
|
| 2022 | Operating cash flow | -78000000 |
|
| 2023 | Operating cash flow | -261000000 |
|
| 2024 | Operating cash flow | -82000000 |
|
| 2025 | Operating cash flow | -525000000 |
|
Free cash flow
Operating cash flow minus capital expenditure for the same period and unit.
Not enough comparable data to show this history.
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2019 | Free cash flow | Unavailable |
|
| 2020 | Free cash flow | Unavailable |
|
| 2021 | Free cash flow | Unavailable |
|
| 2022 | Free cash flow | Unavailable |
|
| 2023 | Free cash flow | Unavailable |
|
| 2024 | Free cash flow | Unavailable |
|
| 2025 | Free cash flow | Unavailable |
|
Balance sheet
Liabilities and short-term ability to meet obligations at each period end.
Liabilities to assets
Total liabilities as a share of total assets.
93.2% 2025
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2019-12-31 | Liabilities / assets | Not reported | No source recorded |
| 2020 | Liabilities / assets | 91.3% |
|
| 2021 | Liabilities / assets | 87.5% |
|
| 2022 | Liabilities / assets | 88.7% |
|
| 2023 | Liabilities / assets | 89.8% |
|
| 2024 | Liabilities / assets | 90.2% |
|
| 2025 | Liabilities / assets | 93.2% |
|
Current assets to current liabilities
Current assets divided by current liabilities.
0.46× 2025
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2019-12-31 | Current assets / current liabilities | Not reported | No source recorded |
| 2020 | Current assets / current liabilities | 0.65× |
|
| 2021 | Current assets / current liabilities | 0.78× |
|
| 2022 | Current assets / current liabilities | 0.66× |
|
| 2023 | Current assets / current liabilities | 0.53× |
|
| 2024 | Current assets / current liabilities | 0.53× |
|
| 2025 | Current assets / current liabilities | 0.46× |
|
Cash generation
Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.
| Period | Net income | Operating cash flow | Capital expenditure | Free cash flow |
|---|---|---|---|---|
| 2019 2019-01-01 – 2019-12-31 | USD 251 million Exact valueExact value: 251000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 171 million Exact valueExact value: 171000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2020 2020-01-01 – 2020-12-31 | −USD 225 million Exact valueExact value: -225000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 557 million Exact valueExact value: -557000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2021 2021-01-01 – 2021-12-31 | −USD 102 million Exact valueExact value: -102000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 216 million Exact valueExact value: 216000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2022 2022-01-01 – 2022-12-31 | −USD 37 million Exact valueExact value: -37000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 78 million Exact valueExact value: -78000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2023 2023-01-01 – 2023-12-31 | −USD 11 million Exact valueExact value: -11000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 261 million Exact valueExact value: -261000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2024 2024-01-01 – 2024-12-31 | USD 85 million Exact valueExact value: 85000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 82 million Exact valueExact value: -82000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2025 2025-01-01 – 2025-12-31 | −USD 137 million Exact valueExact value: -137000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 525 million Exact valueExact value: -525000000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.
Dataset coverage and company identifiers
Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.
31 filings · 1,875 latest values · 1,875 originally reported values
Dataset published . Source filing dates and reporting periods are shown separately.
Identifiers: 0001670076, 1670076, ULCC, edgar:1670076
Also known as Frontier Group Holdings, Inc.