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Frontier Group Holdings, Inc. ULCC Baggage — Total operating revenues

Other product segments

Fare
$449M+28.3%
Service fees
$170M-27.4%
Seat selection
$83M+20.3%

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Other financials

Income statement

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Revenue$992.0M+8.8%
Operating income-$283.0M-515%
Net income-$272.0M-533%
EPS (diluted)-$1.18-521%

Balance sheet

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Cash & equivalents$772.0M+12.5%
Total debt$5.2B+9.5%
Total equity$222.0M-61.1%
Total assets$7.0B+8.3%

Cash flow

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Operating cash flow$40.0M+147%
CapEx$12.0M-33.3%
Free cash flow$28.0M+127%

Valuation

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Market cap$1.67B-17.8%
Enterprise value$6.14B+3.8%
P/S0.4×-0.1×

Profitability

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Operating margin-4.1%-4.4pp
Net margin-3.6%-3.8pp
FCF margin-12.3%

Returns & leverage

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Return on equity-27.7%-28.9pp
Debt / equity23.6×+15.2×
Current ratio0.5×0.0×

Where this comes from

Reported directly by Frontier Group Holdings, Inc. in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Frontier Group Holdings, Inc.’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Frontier Group Holdings, Inc.'s baggage — total operating revenues?
Frontier Group Holdings, Inc. (ULCC) reported baggage — total operating revenues of $215M in Q1 2026.
How has Frontier Group Holdings, Inc.'s baggage — total operating revenues changed year-over-year?
Frontier Group Holdings, Inc.'s baggage — total operating revenues increased by 4.9% year-over-year, from $205M to $215M.
What is the long-term trend for Frontier Group Holdings, Inc.'s baggage — total operating revenues?
Over 4 years (2021 to 2025), Frontier Group Holdings, Inc.'s baggage — total operating revenues has grown at a 13.0% compound annual growth rate (CAGR), from $457M to $746M.
What does baggage — total operating revenues mean?
This metric represents the total gross revenue generated from passenger baggage services, including checked bags, carry-on fees, and excess weight charges. It serves as a critical indicator of an airline's ability to monetize ancillary services beyond the base airfare. Monitoring this revenue stream helps investors assess the effectiveness of the company's unbundled pricing strategy and its impact on overall passenger yield.