Frontier Group Holdings (ULCC) Cost of Revenue (2020 - 2026)

Frontier Group Holdings (ULCC) reported Cost of Revenue of $268.0 million for Q1 2026, up 425.49% on a YoY basis from $51.0 million in Q1 2025, and up 149.36% quarter-over-quarter from -$543.0 million in Q4 2025.

Frontier Group Holdings (ULCC) Cost of Revenue (2020 - 2026) Analysis & Trends

Frontier Group Holdings has reported Cost of Revenue for 7 years, with the latest figure 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.
  • The five-year high for Cost of Revenue was $1.0 billion in Q4 2022, with the low at -$634.0 million in Q4 2024.
  • Historically, Cost of Revenue has averaged $156.6 million across 5 years, with a median of $51.0 million in 2025.
  • Annual changes were most pronounced in 2023 — Cost of Revenue jumped 525.64% — and 2024, when it tumbled 164.37%.
  • Frontier Group Holdings' Cost of Revenue stood at $1.0 billion in 2022, then dropped by 5.29% to $985.0 million in 2023, then plunged by 164.37% to -$634.0 million in 2024, then advanced by 14.35% to -$543.0 million in 2025, then surged 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 Ryanair Holdings 453.97 Bn 448.50 Bn 1.55 Bn 1.39 Bn
2 Delta Air Lines 54.89 Bn 49.84 Bn 15.19 Bn 666.00 Mn
3 Grupo Aeromexico, S.A.B. de C.V 47.52 Bn 46.49 Bn -239.00 Mn 315.00 Mn
4 Southwest Airlines 23.88 Bn 20.55 Bn 6.21 Bn 1.04 Bn
5 Copa Holdings 6.22 Bn 4.88 Bn 713.71 Mn 249.18 Mn
6 Alaska Air 5.64 Bn 3.87 Bn 3.20 Bn 99.00 Mn
7 Skywest 3.71 Bn 3.08 Bn 924.11 Mn 89.07 Mn
8 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 2.23 Bn 2.23 Bn - -
9 Jetblue Airways 2.11 Bn -62.86 Mn 1.87 Bn 366.00 Mn
10 Frontier Group Holdings 1.65 Bn 879.80 Mn 724.00 Mn 268.00 Mn

Historic Data

Download Data
DateValue
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