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% on a YoY basis from $45.1 million in Q2 2025, and up 383.33% quarter-over-quarter from -$42.0 million in Q1 2026.
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Analysis
Frontier Group Holdings (ULCC) Free Cash Flow (2020 - 2026) Analysis & Trends
Frontier Group Holdings (ULCC) has reported Free Cash Flow for 7 consecutive years, with $119.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Free Cash Flow rose 163.64% year-over-year to $119.0 million; the trailing twelve-month figure through Jun 2026 stood at -$383.0 million (up 19.54% YoY), and the FY2025 full-year result was -$782.0 million, down 187.5% from the prior year.
- Free Cash Flow grew to $119.0 million in Q2 2026 per ULCC's latest filing, from -$42.0 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $119.0 million in Q2 2026 and bottomed at -$291.0 million in Q3 2025.
- Historically, Free Cash Flow has averaged -$87.4 million across 5 years, with a median of -$77.5 million in 2023.
- The sharpest annual moves came in 2023 and 2026: Free Cash Flow plunged 1200.0% in 2023, then jumped 163.64% in 2026.
- Over 5 years, Free Cash Flow stood at $68.0 million in 2022, then tumbled by 225.0% to -$85.0 million in 2023, then surged by 145.88% to $39.0 million in 2024, then plunged by 533.33% to -$169.0 million in 2025, then soared by 170.41% to $119.0 million in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered $119.0 million, -$42.0 million, and -$169.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 52.35 Bn | 47.68 Bn | 19.07 Bn | 2.38 Bn |
| 2 | Ryanair Holdings | 27.93 Bn | 24.00 Bn | - | 1.95 Bn |
| 3 | Southwest Airlines | 20.05 Bn | 16.26 Bn | 7.33 Bn | -288.00 Mn |
| 4 | Copa Holdings | 5.42 Bn | 4.16 Bn | 1.03 Bn | - |
| 5 | Alaska Air | 4.52 Bn | 1.86 Bn | 3.76 Bn | 107.00 Mn |
| 6 | Skywest | 3.74 Bn | 3.14 Bn | 1.01 Bn | 283.85 Mn |
| 7 | Grupo Aeromexico, S.A.B. de C.V | 2.25 Bn | 1.21 Bn | - | 83.00 Mn |
| 8 | Allegiant Travel | 2.14 Bn | 1.08 Bn | 902.77 Mn | -74.63 Mn |
| 9 | Jetblue Airways | 1.65 Bn | -372.51 Mn | 2.32 Bn | -377.00 Mn |
| 10 | Frontier Group Holdings | 1.34 Bn | 384.76 Mn | - | 119.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 119.00 Mn |
| Mar 31, 2026 | -42.00 Mn |
| Dec 31, 2025 | -169.00 Mn |
| Sep 30, 2025 | -291.00 Mn |
| Jun 30, 2025 | -187.00 Mn |
| Mar 31, 2025 | -135.00 Mn |
| Dec 31, 2024 | 39.00 Mn |
| Sep 30, 2024 | -193.00 Mn |
| Jun 30, 2024 | -48.00 Mn |
| Mar 31, 2024 | -70.00 Mn |
| Dec 31, 2023 | -85.00 Mn |
| Sep 30, 2023 | -212.00 Mn |
| Jun 30, 2023 | -65.00 Mn |
| Mar 31, 2023 | -62.00 Mn |
| Dec 31, 2022 | 68.00 Mn |
| Sep 30, 2022 | -131.00 Mn |
| Jun 30, 2022 | -5.00 Mn |
| Mar 31, 2022 | -104.00 Mn |
| Dec 31, 2021 | 107.00 Mn |
| Sep 30, 2021 | -155.00 Mn |
API Access
Frontier Group Holdings Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=ULCC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "ULCC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=ULCC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();