Growth Metrics

Frontier Group Holdings (ULCC) Gross Margin (2020 - 2026)

Frontier Group Holdings posted quarterly Gross Margin of 72.98% for Q1 2026, down 2142.0% year-on-year from 3.57% in Q1 2025, and down 52.75% on a QoQ basis from 154.46% in Q4 2025.

Frontier Group Holdings (ULCC) has 7 years of Gross Margin data on file, last reported at 72.98% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin fell 2142.0% year-over-year to 72.98%; the trailing twelve-month figure through Mar 2026 stood at 95.03% (down 1229.0% YoY), and the FY2025 full-year result was 95.73%, up 45.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 72.98%, down from 154.46% in the prior quarter.
  • Across five years, Gross Margin topped out at 163.27% in Q4 2024 and bottomed at 14.79% in Q4 2022.
  • The 5-year median for Gross Margin is 92.07% (2022), against an average of 81.95%.
  • The widest annual swing landed in 2022, when Gross Margin slumped 8425 bps; it then soared 17382 bps in 2024.
  • A 5-year view of Gross Margin shows it stood at 14.79% in 2022, then rose by 29 bps to 10.55% in 2023, then surged by 1648 bps to 163.27% in 2024, then slipped by 5 bps to 154.46% in 2025, then tumbled by 53 bps to 72.98% in 2026.
  • The last three Gross Margin figures came in at 72.98% (Q1 2026), 154.46% (Q4 2025), and 73.59% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Delta Air Lines 53.78 Bn 48.72 Bn 15.19 Bn 95.80%
2 Southwest Airlines 21.39 Bn 18.06 Bn 6.21 Bn 85.69%
3 Grupo Aeromexico, S.A.B. de C.V 18.50 Bn 17.47 Bn -239.00 Mn -314.47%
4 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 8.98 Bn 8.98 Bn - -
5 Alaska Air 5.26 Bn 3.49 Bn 3.20 Bn 97.00%
6 Skywest 3.43 Bn 2.80 Bn 924.11 Mn 91.21%
7 Copa Holdings 3.33 Bn 1.99 Bn 713.71 Mn 74.12%
8 Jetblue Airways 2.03 Bn -140.72 Mn 1.87 Bn 83.66%
9 Allegiant Travel 1.67 Bn 765.78 Mn 651.87 Mn 97.03%
10 Frontier Group Holdings 1.39 Bn 618.26 Mn 724.00 Mn 72.98%

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 72.98%
Dec 31, 2025 154.46%
Sep 30, 2025 73.59%
Jun 30, 2025 75.24%
Mar 31, 2025 94.41%
Dec 31, 2024 163.27%
Sep 30, 2024 72.09%
Jun 30, 2024 95.68%
Mar 31, 2024 69.60%
Dec 31, 2023 -10.55%
Sep 30, 2023 94.56%
Jun 30, 2023 74.77%
Mar 31, 2023 94.69%
Dec 31, 2022 -14.79%
Sep 30, 2022 95.36%
Jun 30, 2022 95.71%
Mar 31, 2022 92.07%
Dec 31, 2021 69.46%
Sep 30, 2021 94.76%
Jun 30, 2021 96.55%
Mar 31, 2021 93.73%
Dec 31, 2020 0.75%
Sep 30, 2020 74.69%
Jun 30, 2020 92.27%
Mar 31, 2020 94.49%