Growth Metrics

Frontier Group Holdings (ULCC) EBITDA (2020 - 2026)

Frontier Group Holdings posted quarterly EBITDA of -$283.0 million for Q1 2026, down 515.22% year-on-year from $68.2 million in Q1 2025, and down 677.55% on a QoQ basis from $49.0 million in Q4 2025.

Frontier Group Holdings (ULCC) has 7 years of EBITDA data on file, last reported at -$283.0 million in Q1 2026.

  • For the quarter ending Q1 2026, EBITDA fell 515.22% year-over-year to -$283.0 million; the trailing twelve-month figure through Mar 2026 stood at -$386.0 million (down 997.67% YoY), and the FY2025 full-year result was -$149.0 million, down 356.9% from the prior year.
  • EBITDA for Q1 2026 stood at -$283.0 million, down from $49.0 million in the prior quarter.
  • Across five years, EBITDA topped out at $79.0 million in Q2 2023 and bottomed at -$283.0 million in Q1 2026.
  • The 5-year median for EBITDA is -$3.0 million (2023), against an average of -$24.8 million.
  • The widest annual swing landed in 2024, when EBITDA jumped 1600.0%; it then slumped 515.22% in 2026.
  • A 5-year view of EBITDA shows it stood at $45.0 million in 2022, then slumped by 106.67% to -$3.0 million in 2023, then surged by 1600.0% to $45.0 million in 2024, then rose by 8.89% to $49.0 million in 2025, then sank by 677.55% to -$283.0 million in 2026.
  • The last three EBITDA figures came in at -$283.0 million (Q1 2026), $49.0 million (Q4 2025), and -$77.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Delta Air Lines 53.78 Bn 48.72 Bn 15.19 Bn -260.00 Mn
2 Southwest Airlines 21.39 Bn 18.06 Bn 6.21 Bn 250.00 Mn
3 Grupo Aeromexico, S.A.B. de C.V 18.50 Bn 17.47 Bn -239.00 Mn 142.00 Mn
4 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 8.98 Bn 8.98 Bn - 102.00 Mn
5 Alaska Air 5.26 Bn 3.49 Bn 3.20 Bn -279.00 Mn
6 Skywest 3.43 Bn 2.80 Bn 924.11 Mn 101.05 Mn
7 Copa Holdings 3.33 Bn 1.99 Bn 713.71 Mn 209.59 Mn
8 Jetblue Airways 2.03 Bn -140.72 Mn 1.87 Bn -224.00 Mn
9 Allegiant Travel 1.67 Bn 765.78 Mn 651.87 Mn 81.10 Mn
10 Frontier Group Holdings 1.39 Bn 618.26 Mn 724.00 Mn -283.00 Mn

Historic Data

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DateValue
Mar 31, 2026 -283.00 Mn
Dec 31, 2025 49.00 Mn
Sep 30, 2025 -77.00 Mn
Jun 30, 2025 -75.00 Mn
Mar 31, 2025 -46.00 Mn
Dec 31, 2024 45.00 Mn
Sep 30, 2024 19.00 Mn
Jun 30, 2024 25.00 Mn
Mar 31, 2024 -31.00 Mn
Dec 31, 2023 -3.00 Mn
Sep 30, 2023 -54.00 Mn
Jun 30, 2023 79.00 Mn
Mar 31, 2023 -25.00 Mn
Dec 31, 2022 45.00 Mn
Sep 30, 2022 56.00 Mn
Jun 30, 2022 7.00 Mn
Mar 31, 2022 -153.00 Mn
Dec 31, 2021 -86.00 Mn
Sep 30, 2021 43.00 Mn
Jun 30, 2021 18.00 Mn
Mar 31, 2021 -92.00 Mn
Dec 31, 2020 -184.00 Mn
Sep 30, 2020 -81.00 Mn
Jun 30, 2020 6.00 Mn
Mar 31, 2020 -106.00 Mn