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

Other product segments

Fare
$613M+76.1%
Baggage
$234M+25.8%
Seat selection
$88M+8.6%

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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
Passenger revenues:
Fare$613$348$1,062$698
Non-fare passenger revenues:
Service fees266252436486
Baggage234186449391
Seat selection8881171150
Other34316957
Total non-fare passenger revenue6225501,1251,084

Item 1. Condensed Consolidated Financial Statements

FAQ

What is Frontier Group Holdings, Inc.'s service fees — total operating revenues?
Frontier Group Holdings, Inc. (ULCC) reported service fees — total operating revenues of $266M in Q2 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 increased by 5.6% year-over-year, from $252M to $266M.
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.

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