Frontier Group Holdings ULCC
NASDAQ ULCC
$5.65 -0.08 (-1.40%)
As of: Sep 9, 2026 · 3:59 PM EDT

Frontier Group Holdings (ULCC) Operating Expenses (2020 - 2026)

Frontier Group Holdings' (ULCC) quarterly Operating Expenses came in at $1.4 billion in Q2 2026, up 37.05% on a YoY basis from $1.0 billion in Q2 2025, and up 7.92% quarter-over-quarter from $1.3 billion in Q1 2026.

Analysis

Frontier Group Holdings (ULCC) Operating Expenses (2020 - 2026) Analysis & Trends

Frontier Group Holdings (ULCC) has reported Operating Expenses for 7 consecutive years, with $1.4 billion the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses rose 37.05% year-over-year to $1.4 billion; the trailing twelve-month figure through Jun 2026 stood at $4.6 billion (up 18.96% YoY), and the FY2025 full-year result was $3.9 billion, up 4.2% from the prior year.
  • Operating Expenses climbed to $1.4 billion in Q2 2026 per ULCC's latest filing, from $1.3 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $1.4 billion in Q2 2026 and bottomed at $758.0 million in Q1 2022.
  • Historically, Operating Expenses has averaged $955.8 million across 5 years, with a median of $926.5 million in 2023.
  • The sharpest annual moves came in 2022 and 2024: Operating Expenses soared 108.82% in 2022, then declined 2.24% in 2024.
  • Over 5 years, Operating Expenses stood at $861.0 million in 2022, then grew by 3.83% to $894.0 million in 2023, then advanced by 7.05% to $957.0 million in 2024, then retreated by 0.94% to $948.0 million in 2025, then soared by 45.15% to $1.4 billion in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $1.4 billion, $1.3 billion, and $948.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Delta Air Lines 51.66 Bn 46.99 Bn 19.07 Bn 17.89 Bn
2 Ryanair Holdings 28.60 Bn 24.67 Bn - 4.43 Bn
3 Southwest Airlines 18.92 Bn 15.13 Bn 7.33 Bn 8.15 Bn
4 Copa Holdings 5.36 Bn 4.10 Bn 1.03 Bn 967.68 Mn
5 Alaska Air 4.49 Bn 1.83 Bn 3.76 Bn 4.23 Bn
6 Skywest 3.79 Bn 3.19 Bn 1.01 Bn 946.92 Mn
7 Grupo Aeromexico, S.A.B. de C.V 2.29 Bn 1.25 Bn - 1.41 Bn
8 Allegiant Travel 1.75 Bn 699.04 Mn 902.77 Mn 922.38 Mn
9 Jetblue Airways 1.64 Bn -375.44 Mn 2.32 Bn 2.84 Bn
10 Frontier Group Holdings 1.30 Bn 347.83 Mn - 1.38 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.38 Bn
Mar 31, 2026 1.28 Bn
Dec 31, 2025 948.00 Mn
Sep 30, 2025 963.00 Mn
Jun 30, 2025 1.00 Bn
Mar 31, 2025 958.00 Mn
Dec 31, 2024 957.00 Mn
Sep 30, 2024 916.00 Mn
Jun 30, 2024 948.00 Mn
Mar 31, 2024 896.00 Mn
Dec 31, 2023 894.00 Mn
Sep 30, 2023 937.00 Mn
Jun 30, 2023 888.00 Mn
Mar 31, 2023 873.00 Mn
Dec 31, 2022 861.00 Mn
Sep 30, 2022 850.00 Mn
Jun 30, 2022 902.00 Mn
Mar 31, 2022 758.00 Mn
Dec 31, 2021 695.00 Mn
Sep 30, 2021 587.00 Mn