Frontier Group Holdings, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $3.7B | $3.8B | $3.6B | $3.3B | $2.1B |
| Operating income | -$149.0M | $58.0M | -$3.0M | -$45.0M | -$117.0M |
| Interest expense | $46.0M | $36.0M | $29.0M | $21.0M | — |
| Pretax income | -$134.0M | $86.0M | $32.0M | -$45.0M | -$144.0M |
| Income tax expense | $3.0M | $1.0M | $43.0M | -$8.0M | -$42.0M |
| Net income | -$137.0M | $85.0M | -$11.0M | -$37.0M | -$102.0M |
| Balance Sheet | |||||
| Cash and equivalents | $671.0M | $740.0M | $609.0M | $761.0M | $918.0M |
| Current assets | $958.0M | $990.0M | $871.0M | $1.0B | $1.0B |
| Total assets | $7.2B | $6.2B | $5.0B | $4.5B | $4.2B |
| Current liabilities | $2.1B | $1.9B | $1.7B | $1.6B | $1.3B |
| Total liabilities | $6.7B | $5.5B | $4.5B | $4.0B | $3.7B |
| Total debt | $620.0M | $507.0M | $474.0M | $431.0M | $423.0M |
| Stockholders' equity | $491.0M | $604.0M | $507.0M | $509.0M | $530.0M |
| Cash Flow Statement | |||||
| Cash from operations | -$525.0M | -$82.0M | -$261.0M | -$78.0M | $216.0M |
| Depreciation and amortization | $91.0M | $72.0M | $50.0M | $45.0M | $38.0M |
| Stock-based compensation | $21.0M | $16.0M | $14.0M | $15.0M | $11.0M |
| Capital expenditure | $75.0M | $76.0M | $51.0M | $41.0M | $27.0M |
| Free cash flow | -$600.0M | -$158.0M | -$312.0M | -$119.0M | $189.0M |
| Dividends paid | — | $0 | $1.0M | $1.0M | $0 |
| Impairments | $0 | $0 | $0 | $0 | — |
Shares outstanding 229.8M
Annual filing data through FY ended December 31, 2025; float as of July 14, 2026.