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Frontier Group Holdings, Inc. ULCC Service fees — Total operating revenues

Other product segments

Fare
$449M+28.3%
Baggage
$215M+4.9%
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 service fees — total operating revenues?
Frontier Group Holdings, Inc. (ULCC) reported service fees — total operating revenues of $170M in Q1 2026.
How has Frontier Group Holdings, Inc.'s service fees — total operating revenues changed year-over-year?
Frontier Group Holdings, Inc.'s service fees — total operating revenues decreased by 27.4% year-over-year, from $234M to $170M.
What is the long-term trend for Frontier Group Holdings, Inc.'s service fees — total operating revenues?
Over 4 years (2021 to 2025), Frontier Group Holdings, Inc.'s service fees — total operating revenues has grown at a 16.1% compound annual growth rate (CAGR), from $521M to $947M.
What does service fees — total operating revenues mean?
This metric represents the total revenue generated from ancillary passenger service fees, such as baggage charges, seat selection fees, and priority boarding. It serves as a critical indicator of an airline's ability to monetize non-ticket passenger preferences and optimize unit revenue beyond base airfare. Monitoring this stream helps investors assess the effectiveness of the company's unbundled pricing strategy and its contribution to overall operating performance.