Frontier Group Holdings (ULCC) Free Cash Flow (2020 - 2026)
Frontier Group Holdings (ULCC) posted Free Cash Flow of $28.0 million for Q1 2026, up 124.78% on a QoQ basis from -$113.0 million in Q4 2025, and up 126.92% year-over-year from $12.3 million in Q1 2025.
Frontier Group Holdings (ULCC) Free Cash Flow (2020 - 2026) Analysis & Trends
Frontier Group Holdings' Free Cash Flow history runs 7 years deep, the most recent figure standing at $28.0 million for Q1 2026.
- Quarterly Free Cash Flow rose 126.92% year-over-year to $28.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$468.0 million (down 38.87% YoY) and the FY2025 annual result came in at -$600.0 million, down 120.59% from the prior year.
- Free Cash Flow was $28.0 million for Q1 2026 at Frontier Group Holdings, up from -$113.0 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $39.0 million in Q4 2024 and bottomed at -$250.0 million in Q3 2024.
- A 5-year average of -$78.1 million and a median of -$68.0 million in 2023 frame the typical range for Free Cash Flow.
- Annual changes were most pronounced in 2024 — Free Cash Flow surged 157.35% — and 2025, when it sank 890.91%.
- Frontier Group Holdings' Free Cash Flow stood at $31.0 million in 2022, then tumbled by 319.35% to -$68.0 million in 2023, then surged by 157.35% to $39.0 million in 2024, then sank by 389.74% to -$113.0 million in 2025, then soared by 124.78% to $28.0 million in 2026.
- Business Quant data shows ULCC's Free Cash Flow at $28.0 million in Q1 2026, -$113.0 million in Q4 2025, and -$165.0 million in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Latam Airlines | 30,820.50 Bn | 30,817.83 Bn | 1.28 Mn | 386,796.00 |
| 2 | Ryanair Holdings | 60.62 Bn | 57.43 Bn | - | 540.24 Mn |
| 3 | Delta Air Lines | 56.47 Bn | 51.80 Bn | 19.07 Bn | -449.00 Mn |
| 4 | Southwest Airlines | 22.19 Bn | 18.40 Bn | 7.33 Bn | -288.00 Mn |
| 5 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.95 Bn | 8.12 Bn | - | 272.00 Mn |
| 6 | Copa Holdings | 5.72 Bn | 4.39 Bn | 713.71 Mn | -949.97 Mn |
| 7 | Alaska Air | 5.41 Bn | 3.64 Bn | 3.20 Bn | 113.00 Mn |
| 8 | Skywest | 4.36 Bn | 3.75 Bn | 1.01 Bn | 161.35 Mn |
| 9 | Jetblue Airways | 2.00 Bn | 1.59 Bn | 1.87 Bn | -6.00 Mn |
| 10 | Frontier Group Holdings | 1.40 Bn | 625.26 Mn | - | 28.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 28.00 Mn |
| Mar 31, 2026 | 28.00 Mn |
| Dec 31, 2025 | -113.00 Mn |
| Dec 31, 2025 | -113.00 Mn |
| Sep 30, 2025 | -165.00 Mn |
| Sep 30, 2025 | -165.00 Mn |
| Jun 30, 2025 | -218.00 Mn |
| Jun 30, 2025 | -218.00 Mn |
| Mar 31, 2025 | -104.00 Mn |
| Mar 31, 2025 | -104.00 Mn |
| Dec 31, 2024 | 39.00 Mn |
| Dec 31, 2024 | 39.00 Mn |
| Sep 30, 2024 | -250.00 Mn |
| Sep 30, 2024 | -250.00 Mn |
| Jun 30, 2024 | -22.00 Mn |
| Jun 30, 2024 | -22.00 Mn |
| Mar 31, 2024 | -39.00 Mn |
| Mar 31, 2024 | -39.00 Mn |
| Dec 31, 2023 | -68.00 Mn |
| Dec 31, 2023 | -68.00 Mn |