Frontier Group Holdings (ULCC) Cost of Revenue (2020 - 2026)
Frontier Group Holdings posted quarterly Cost of Revenue of $268.0 million for Q1 2026, up 425.49% year-on-year from $51.0 million in Q1 2025, and up 149.36% on a QoQ basis from -$543.0 million in Q4 2025.
Frontier Group Holdings (ULCC) has 7 years of Cost of Revenue data on file, last reported at $268.0 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 425.49% year-over-year to $268.0 million; the trailing twelve-month figure through Mar 2026 stood at $189.0 million (up 167.5% YoY), and the FY2025 full-year result was $159.0 million, down 10.67% from the prior year.
- Cost of Revenue for Q1 2026 stood at $268.0 million, up from -$543.0 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $1.0 billion in Q4 2022 and bottomed at -$634.0 million in Q4 2024.
- The 5-year median for Cost of Revenue is $51.0 million (2025), against an average of $156.6 million.
- The widest annual swing landed in 2023, when Cost of Revenue jumped 525.64%; it then sank 164.37% in 2024.
- A 5-year view of Cost of Revenue shows it stood at $1.0 billion in 2022, then declined by 5.29% to $985.0 million in 2023, then tumbled by 164.37% to -$634.0 million in 2024, then climbed by 14.35% to -$543.0 million in 2025, then soared by 149.36% to $268.0 million in 2026.
- The last three Cost of Revenue figures came in at $268.0 million (Q1 2026), -$543.0 million (Q4 2025), and $234.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.78 Bn | 48.72 Bn | 15.19 Bn | 666.00 Mn |
| 2 | Southwest Airlines | 21.39 Bn | 18.06 Bn | 6.21 Bn | 1.04 Bn |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 18.50 Bn | 17.47 Bn | -239.00 Mn | 315.00 Mn |
| 4 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.98 Bn | 8.98 Bn | - | - |
| 5 | Alaska Air | 5.26 Bn | 3.49 Bn | 3.20 Bn | 99.00 Mn |
| 6 | Skywest | 3.43 Bn | 2.80 Bn | 924.11 Mn | 89.07 Mn |
| 7 | Copa Holdings | 3.33 Bn | 1.99 Bn | 713.71 Mn | 249.18 Mn |
| 8 | Jetblue Airways | 2.03 Bn | -140.72 Mn | 1.87 Bn | 366.00 Mn |
| 9 | Allegiant Travel | 1.67 Bn | 765.78 Mn | 651.87 Mn | 19.93 Mn |
| 10 | Frontier Group Holdings | 1.39 Bn | 618.26 Mn | 724.00 Mn | 268.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 268.00 Mn |
| Mar 31, 2026 | 268.00 Mn |
| Dec 31, 2025 | -543.00 Mn |
| Dec 31, 2025 | -543.00 Mn |
| Sep 30, 2025 | 234.00 Mn |
| Sep 30, 2025 | 234.00 Mn |
| Jun 30, 2025 | 230.00 Mn |
| Jun 30, 2025 | 230.00 Mn |
| Mar 31, 2025 | 51.00 Mn |
| Mar 31, 2025 | 51.00 Mn |
| Dec 31, 2024 | -634.00 Mn |
| Dec 31, 2024 | -634.00 Mn |
| Sep 30, 2024 | 261.00 Mn |
| Sep 30, 2024 | 261.00 Mn |
| Jun 30, 2024 | 42.00 Mn |
| Jun 30, 2024 | 42.00 Mn |
| Mar 31, 2024 | 263.00 Mn |
| Mar 31, 2024 | 263.00 Mn |
| Dec 31, 2023 | 985.00 Mn |
| Dec 31, 2023 | 985.00 Mn |
| Sep 30, 2023 | 48.00 Mn |
| Sep 30, 2023 | 48.00 Mn |
| Jun 30, 2023 | 244.00 Mn |
| Jun 30, 2023 | 244.00 Mn |
| Mar 31, 2023 | 45.00 Mn |
| Mar 31, 2023 | 45.00 Mn |
| Dec 31, 2022 | 1.04 Bn |
| Dec 31, 2022 | 1.04 Bn |
| Sep 30, 2022 | 42.00 Mn |
| Sep 30, 2022 | 42.00 Mn |
| Jun 30, 2022 | 39.00 Mn |
| Jun 30, 2022 | 39.00 Mn |
| Mar 31, 2022 | 48.00 Mn |
| Mar 31, 2022 | 48.00 Mn |
| Dec 31, 2021 | 186.00 Mn |
| Dec 31, 2021 | 186.00 Mn |
| Sep 30, 2021 | 33.00 Mn |
| Sep 30, 2021 | 33.00 Mn |
| Jun 30, 2021 | 19.00 Mn |
| Jun 30, 2021 | 19.00 Mn |
| Mar 31, 2021 | 17.00 Mn |
| Mar 31, 2021 | 17.00 Mn |
| Dec 31, 2020 | 265.00 Mn |
| Dec 31, 2020 | 265.00 Mn |
| Sep 30, 2020 | 62.00 Mn |
| Sep 30, 2020 | 62.00 Mn |
| Jun 30, 2020 | 15.00 Mn |
| Jun 30, 2020 | 15.00 Mn |
| Mar 31, 2020 | 30.00 Mn |
| Mar 31, 2020 | 30.00 Mn |