Frontier Group Holdings (ULCC) Free Cash Flow (2020 - 2026)
Frontier Group Holdings' (ULCC) quarterly Free Cash Flow came in at $119.0 million in Q2 2026, up 163.64% YoY from $45.1 million in Q2 2025, and up 383.33% on a QoQ basis from -$42.0 million in Q1 2026.
Frontier Group Holdings (ULCC) Free Cash Flow (2020 - 2026) Analysis & Trends
Frontier Group Holdings (ULCC) has 7 years of Free Cash Flow data on file, last reported at $119.0 million in Q2 2026.
- Quarterly Free Cash Flow rose 163.64% year-over-year to $119.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$383.0 million (up 19.54% YoY) and the FY2025 annual result came in at -$782.0 million, down 187.5% from the prior year.
- Free Cash Flow climbed to $119.0 million in Q2 2026, from -$42.0 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $119.0 million in Q2 2026 to a low of -$291.0 million in Q3 2025.
- A 5-year average of -$87.4 million and a median of -$77.5 million in 2023 frame the typical range for Free Cash Flow.
- Annual changes were most pronounced in 2023 — Free Cash Flow tumbled 1200.0% — and 2026, when it soared 163.64%.
- Tracing ULCC's Free Cash Flow over 5 years: stood at $68.0 million in 2022, then sank by 225.0% to -$85.0 million in 2023, then soared by 145.88% to $39.0 million in 2024, then slumped by 533.33% to -$169.0 million in 2025, then jumped by 170.41% to $119.0 million in 2026.
- The last three Free Cash Flow figures came in at $119.0 million (Q2 2026), -$42.0 million (Q1 2026), and -$169.0 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.89 Bn | 49.22 Bn | 19.07 Bn | 2.38 Bn |
| 2 | Ryanair Holdings | 29.45 Bn | 26.24 Bn | - | 551.77 Mn |
| 3 | Southwest Airlines | 19.73 Bn | 15.94 Bn | 7.33 Bn | -288.00 Mn |
| 4 | Copa Holdings | 5.35 Bn | 4.09 Bn | 1.03 Bn | - |
| 5 | Alaska Air | 4.49 Bn | 1.83 Bn | 3.76 Bn | 107.00 Mn |
| 6 | Skywest | 3.99 Bn | 3.38 Bn | 1.01 Bn | 283.85 Mn |
| 7 | Allegiant Travel | 1.86 Bn | 807.93 Mn | 902.77 Mn | -74.63 Mn |
| 8 | Jetblue Airways | 1.83 Bn | -189.37 Mn | 2.32 Bn | -377.00 Mn |
| 9 | Frontier Group Holdings | 1.36 Bn | 408.77 Mn | - | 119.00 Mn |
| 10 | Republic Airways Holdings | 853.83 Mn | 576.23 Mn | 487.40 Mn | 28.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 119.00 Mn |
| Jun 30, 2026 | 119.00 Mn |
| Mar 31, 2026 | -42.00 Mn |
| Mar 31, 2026 | -42.00 Mn |
| Dec 31, 2025 | -169.00 Mn |
| Dec 31, 2025 | -169.00 Mn |
| Sep 30, 2025 | -291.00 Mn |
| Sep 30, 2025 | -291.00 Mn |
| Jun 30, 2025 | -187.00 Mn |
| Jun 30, 2025 | -187.00 Mn |
| Mar 31, 2025 | -135.00 Mn |
| Mar 31, 2025 | -135.00 Mn |
| Dec 31, 2024 | 39.00 Mn |
| Dec 31, 2024 | 39.00 Mn |
| Sep 30, 2024 | -193.00 Mn |
| Sep 30, 2024 | -193.00 Mn |
| Jun 30, 2024 | -48.00 Mn |
| Jun 30, 2024 | -48.00 Mn |
| Mar 31, 2024 | -70.00 Mn |
| Mar 31, 2024 | -70.00 Mn |