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

Frontier Group Holdings (ULCC) reported Gross Margin of 72.98% for Q1 2026, down 2142.0% on a YoY basis from 3.57% in Q1 2025, and down 52.75% quarter-over-quarter from 154.46% in Q4 2025.

Frontier Group Holdings (ULCC) Gross Margin (2020 - 2026) Analysis & Trends

Frontier Group Holdings has reported Gross Margin for 7 years, with the latest figure 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.
  • The five-year high for Gross Margin was 163.27% in Q4 2024, with the low at 14.79% in Q4 2022.
  • Historically, Gross Margin has averaged 81.95% across 5 years, with a median of 92.07% in 2022.
  • Annual changes were most pronounced in 2022 — Gross Margin plunged 8425 bps — and 2024, when it soared 17382 bps.
  • Frontier Group Holdings' Gross Margin stood at 14.79% in 2022, then increased by 29 bps to 10.55% in 2023, then jumped by 1648 bps to 163.27% in 2024, then decreased by 5 bps to 154.46% in 2025, then plunged 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 Ryanair Holdings 453.97 Bn 448.50 Bn 1.55 Bn 52.58%
2 Delta Air Lines 54.89 Bn 49.84 Bn 15.19 Bn 95.80%
3 Grupo Aeromexico, S.A.B. de C.V 47.52 Bn 46.49 Bn -239.00 Mn -314.47%
4 Southwest Airlines 23.88 Bn 20.55 Bn 6.21 Bn 85.69%
5 Copa Holdings 6.22 Bn 4.88 Bn 713.71 Mn 74.12%
6 Alaska Air 5.64 Bn 3.87 Bn 3.20 Bn 97.00%
7 Skywest 3.71 Bn 3.08 Bn 924.11 Mn 91.21%
8 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 2.23 Bn 2.23 Bn - -
9 Jetblue Airways 2.11 Bn -62.86 Mn 1.87 Bn 83.66%
10 Frontier Group Holdings 1.65 Bn 879.80 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%