Frontier Group Holdings (ULCC) Operating Income (2020 - 2026)
Frontier Group Holdings (ULCC) posted Operating Income of -$283.0 million for Q1 2026, down 677.55% on a QoQ basis from $49.0 million in Q4 2025, and down 515.22% year-over-year from $68.2 million in Q1 2025.
Frontier Group Holdings (ULCC) Operating Income (2020 - 2026) Analysis & Trends
Frontier Group Holdings' Operating Income history runs 7 years deep, the most recent figure standing at -$283.0 million for Q1 2026.
- Quarterly Operating Income fell 515.22% year-over-year to -$283.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$386.0 million (down 997.67% YoY) and the FY2025 annual result came in at -$149.0 million, down 356.9% from the prior year.
- Operating Income was -$283.0 million for Q1 2026 at Frontier Group Holdings, down from $49.0 million in the prior quarter.
- Across five years, Operating Income topped out at $79.0 million in Q2 2023 and bottomed at -$283.0 million in Q1 2026.
- A 5-year average of -$24.8 million and a median of -$3.0 million in 2023 frame the typical range for Operating Income.
- Annual changes were most pronounced in 2024 — Operating Income jumped 1600.0% — and 2026, when it tumbled 515.22%.
- Frontier Group Holdings' Operating Income stood at $45.0 million in 2022, then sank by 106.67% to -$3.0 million in 2023, then soared by 1600.0% to $45.0 million in 2024, then gained by 8.89% to $49.0 million in 2025, then plunged by 677.55% to -$283.0 million in 2026.
- Business Quant data shows ULCC's Operating Income at -$283.0 million in Q1 2026, $49.0 million in Q4 2025, and -$77.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Latam Airlines | 30,820.50 Bn | 30,817.83 Bn | 1.28 Mn | 822.52 Mn |
| 2 | Ryanair Holdings | 60.62 Bn | 57.43 Bn | - | 654.84 Mn |
| 3 | Delta Air Lines | 56.47 Bn | 51.80 Bn | 19.07 Bn | 1.86 Bn |
| 4 | Southwest Airlines | 22.19 Bn | 18.40 Bn | 7.33 Bn | 285.00 Mn |
| 5 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.95 Bn | 8.12 Bn | - | -99.00 Mn |
| 6 | Copa Holdings | 5.72 Bn | 4.39 Bn | 713.71 Mn | 209.59 Mn |
| 7 | Alaska Air | 5.41 Bn | 3.64 Bn | 3.20 Bn | -279.00 Mn |
| 8 | Skywest | 4.36 Bn | 3.75 Bn | 1.01 Bn | 155.83 Mn |
| 9 | Jetblue Airways | 2.00 Bn | 1.59 Bn | 1.87 Bn | -224.00 Mn |
| 10 | Frontier Group Holdings | 1.40 Bn | 625.26 Mn | - | -283.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -283.00 Mn |
| Dec 31, 2025 | 49.00 Mn |
| Sep 30, 2025 | -77.00 Mn |
| Jun 30, 2025 | -75.00 Mn |
| Mar 31, 2025 | -46.00 Mn |
| Dec 31, 2024 | 45.00 Mn |
| Sep 30, 2024 | 19.00 Mn |
| Jun 30, 2024 | 25.00 Mn |
| Mar 31, 2024 | -31.00 Mn |
| Dec 31, 2023 | -3.00 Mn |
| Sep 30, 2023 | -54.00 Mn |
| Jun 30, 2023 | 79.00 Mn |
| Mar 31, 2023 | -25.00 Mn |
| Dec 31, 2022 | 45.00 Mn |
| Sep 30, 2022 | 56.00 Mn |
| Jun 30, 2022 | 7.00 Mn |
| Mar 31, 2022 | -153.00 Mn |
| Dec 31, 2021 | -86.00 Mn |
| Sep 30, 2021 | 43.00 Mn |
| Jun 30, 2021 | 18.00 Mn |