Frontier Group (ULCC)
Runs an ultra low-cost airline built around low fares, paid options, and Airbus commonality.
$6.01
vs last close−0.20 (−3.15%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 883 | 891 | 865 | 973 | 935 | 1,002 | 912 | 929 | 886 | 997 | 992 | 1,279 |
| Cost of revenue | 750 | 834 | 857 | 902 | 910 | 919 | 899 | 924 | 915 | 972 | 1,200 | 1,285 |
| Gross profit | 133 | 57 | 8 | 71 | 25 | 83 | 13 | 5 | −29 | 25 | −208 | −6 |
| 187 | 60 | 39 | 46 | 6 | 38 | 59 | 80 | 48 | −24 | 75 | 91 | |
| 41 | 39 | 40 | 47 | 46 | 45 | 41 | 39 | 38 | 41 | 43 | 48 | |
| Selling & marketing | 41 | 39 | 40 | 47 | 46 | 45 | 41 | 39 | 38 | 41 | 43 | 48 |
| Other expenses | 146 | 21 | −1 | −1 | −40 | −7 | 18 | 41 | 10 | −65 | 32 | 43 |
| Operating income | −54 | −3 | −31 | 25 | 19 | 45 | −46 | −75 | −77 | 49 | −283 | −97 |
| 9 | 9 | 7 | 7 | 8 | 6 | 6 | 5 | 1 | 3 | 2 | 3 | |
| Interest income | 10 | 8 | 7 | 8 | 10 | 7 | 7 | 7 | 6 | 6 | 6 | 7 |
| Interest expense | 1 | 0 | 0 | 1 | 2 | 1 | 1 | 2 | 5 | 3 | 4 | 4 |
| Other non-operating income | −10 | −8 | −7 | −8 | −10 | −7 | −7 | −7 | −6 | −6 | −6 | −7 |
| Income before tax | −45 | 6 | −24 | 32 | 27 | 51 | −40 | −70 | −76 | 52 | −281 | −94 |
| Income tax expense | −13 | 43 | 2 | 1 | 1 | −3 | 3 | 0 | 1 | −1 | −9 | −4 |
| Net income from continuing operations | −32 | −37 | −26 | 31 | 26 | 54 | −43 | −70 | −77 | 53 | −272 | −90 |
| Net income | −32 | −37 | −26 | 31 | 26 | 54 | −43 | −70 | −77 | 53 | −272 | −90 |
| EPS, basic | −$0.14 | −$0.17 | −$0.12 | $0.14 | $0.11 | $0.24 | −$0.19 | −$0.31 | −$0.34 | $0.23 | −$1.19 | −$0.39 |
| EPS, diluted | −$0.14 | −$0.17 | −$0.12 | $0.14 | $0.11 | $0.23 | −$0.19 | −$0.31 | −$0.34 | $0.23 | −$1.18 | −$0.39 |
| Weighted average shares, basic | 221 | 222 | 223 | 224 | 224 | 225 | 227 | 228 | 228 | 229 | 229 | 229 |
| Weighted average shares, diluted | 221 | 222 | 223 | 227 | 226 | 226 | 227 | 228 | 228 | 230 | 230 | 230 |
| EBITDA | −31 | 19 | −8 | 51 | 48 | 71 | −19 | −47 | −47 | 81 | −252 | −60 |
| Depreciation & amortization | 13 | 14 | 16 | 18 | 19 | 19 | 20 | 21 | 24 | 26 | 25 | 30 |
| EBIT | −44 | 5 | −24 | 33 | 29 | 52 | −39 | −68 | −71 | 55 | −277 | −90 |
