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

Other product segments

Fare
$613M+76.1%
Service fees
$266M+5.6%
Baggage
$234M+25.8%
Seat selection
$88M+8.6%

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$4.3M+4.9%

Other financials

Income statement

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Revenue$1.3B+37.7%
Operating income-$97.0M-29.3%
Net income-$90.0M-28.6%
EPS (diluted)-$0.39-25.8%

Balance sheet

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Cash & equivalents$955.0M+69.6%
Total debt$5.2B+7.6%
Total equity$136.0M-73.1%
Total assets$7.2B+11.0%

Cash flow

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Operating cash flow$151.0M+214%
CapEx$13.0M-60.6%
Free cash flow$138.0M+183%

Valuation

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Market cap$1.75B+128%
Enterprise value$6.03B+18.9%
P/S0.4×+0.2×

Profitability

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Operating margin-4.1%-4.4pp
Net margin-3.6%-3.8pp
FCF margin-3.9%

Returns & leverage

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Return on equity-27.7%-28.9pp
Debt / equity38.5×+28.9×
Current ratio0.6×+0.2×

Where this comes from

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

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Frontier Group Holdings, Inc.’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 8:02 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001670076-26-000087
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Operating revenues:
Passenger$1,235$898$2,187$1,782
Other44318459
Total operating revenues1,2799292,2711,841
Operating expenses:
Aircraft fuel436230704468
Salaries, wages and benefits266254537503
Aircraft rent266194531355

Item 1. Condensed Consolidated Financial Statements

FAQ

What is Frontier Group Holdings, Inc.'s passenger — total operating revenues?
Frontier Group Holdings, Inc. (ULCC) reported passenger — total operating revenues of $1.24B in Q2 2026.
How has Frontier Group Holdings, Inc.'s passenger — total operating revenues changed year-over-year?
Frontier Group Holdings, Inc.'s passenger — total operating revenues increased by 37.5% year-over-year, from $898M to $1.24B.
What is the long-term trend for Frontier Group Holdings, Inc.'s passenger — total operating revenues?
Over 4 years (2021 to 2025), Frontier Group Holdings, Inc.'s passenger — total operating revenues has grown at a 15.8% compound annual growth rate (CAGR), from $2B to $3.6B.
What does passenger — total operating revenues mean?
This metric represents the total gross revenue generated from air transportation services provided to passengers within a specific business segment. It encompasses all ticket sales, ancillary fees, and related passenger-service charges recognized during the reporting period. This figure serves as a primary indicator of the segment's market demand and top-line performance in the airline industry.

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