# Frontier Group Holdings, Inc.: overview

ULCC · Nasdaq · CIK 1670076 · [Industrials](/sectors/industrials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/ulcc.md) · [Financials](/companies/ulcc/financials.md) · [Filings](/companies/ulcc/filings.md) · [Insiders](/companies/ulcc/insiders.md)

Latest reported revenue: [$992.0m](/filings/0001670076-26-000051.md) for Q1 FY2026, three months to 2026-03-31, from the 10-Q filed May 5, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001670076-26-000051).

## Last eight quarters

| Line item | Unit | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [973](/filings/0001670076-25-000152.md) | [935](/filings/0001670076-25-000155.md) | [1,002 d](/filings/0001670076-26-000020.md) | [912](/filings/0001670076-26-000051.md) | [929](/filings/0001670076-25-000152.md) | [886](/filings/0001670076-25-000155.md) | [997 d](/filings/0001670076-26-000020.md) | [992](/filings/0001670076-26-000051.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [2.6%](/filings/0001670076-25-000152.md) | [2.0%](/filings/0001670076-25-000155.md) | [4.5% d](/filings/0001670076-26-000020.md) | [(5.0%)](/filings/0001670076-26-000051.md) | [(8.1%)](/filings/0001670076-25-000152.md) | [(8.7%)](/filings/0001670076-25-000155.md) | [4.9% d](/filings/0001670076-26-000020.md) | [(28.5%)](/filings/0001670076-26-000051.md) |
| Net margin | % | [3.2%](/filings/0001670076-25-000155.md) | [2.8%](/filings/0001670076-25-000155.md) | [5.4% d](/filings/0001670076-26-000020.md) | [(4.7%)](/filings/0001670076-26-000051.md) | [(7.5%)](/filings/0001670076-25-000155.md) | [(8.7%)](/filings/0001670076-25-000155.md) | [5.3% d](/filings/0001670076-26-000020.md) | [(27.4%)](/filings/0001670076-26-000051.md) |
| Diluted EPS | $ per share | [0.14](/filings/0001670076-25-000152.md) | [0.11](/filings/0001670076-25-000155.md) | not reported | [(0.19)](/filings/0001670076-26-000051.md) | [(0.31)](/filings/0001670076-25-000152.md) | [(0.34)](/filings/0001670076-25-000155.md) | not reported | [(1.18)](/filings/0001670076-26-000051.md) |
| Free cash flow | $m | [(22.0) d](/filings/0001670076-25-000152.md) | [(170) d](/filings/0001670076-25-000155.md) | [73.0 d](/filings/0001670076-26-000020.md) | [(104)](/filings/0001670076-26-000051.md) | [(166) d](/filings/0001670076-25-000152.md) | [(217) d](/filings/0001670076-25-000155.md) | [(113) d](/filings/0001670076-26-000020.md) | [28.0](/filings/0001670076-26-000051.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets. Derived values: 6-month figure less the 3-month figure; 9-month figure less the 6-month figure; 12-month figure less the 9-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [2,060](/filings/0001670076-24-000021.md) | [3,326](/filings/0001670076-25-000041.md) | [3,589](/filings/0001670076-26-000020.md) | [3,775](/filings/0001670076-26-000020.md) | [3,724](/filings/0001670076-26-000020.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [(5.7%)](/filings/0001670076-24-000021.md) | [(1.4%)](/filings/0001670076-25-000041.md) | [(0.1%)](/filings/0001670076-26-000020.md) | [1.5%](/filings/0001670076-26-000020.md) | [(4.0%)](/filings/0001670076-26-000020.md) |
| Net margin | % | [(5.0%)](/filings/0001670076-24-000021.md) | [(1.1%)](/filings/0001670076-25-000041.md) | [(0.3%)](/filings/0001670076-26-000020.md) | [2.3%](/filings/0001670076-26-000020.md) | [(3.7%)](/filings/0001670076-26-000020.md) |
| Diluted EPS | $ per share | [(0.48)](/filings/0001670076-24-000021.md) | [(0.17)](/filings/0001670076-25-000041.md) | [(0.05)](/filings/0001670076-26-000020.md) | [0.37](/filings/0001670076-26-000020.md) | [(0.60)](/filings/0001670076-26-000020.md) |
| Free cash flow | $m | [189](/filings/0001670076-24-000021.md) | [(119)](/filings/0001670076-25-000041.md) | [(312)](/filings/0001670076-26-000020.md) | [(158)](/filings/0001670076-26-000020.md) | [(600)](/filings/0001670076-26-000020.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/ulcc/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [Indigo Partners LLC](/funds/1846122.md) | 2026-06-30 | $253.8m | 32,092,007 |  | Unchanged |
| [Wildcat Capital Management, LLC](/funds/1582384.md) | 2026-06-30 | $222.0m | 28,061,351 |  | Unchanged |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $47.2m | 5,967,733 |  | Added +684,650 |
| [U S GLOBAL INVESTORS INC](/funds/754811.md) | 2026-06-30 | $38.9m | 4,914,655 |  | Reduced −1,866,757 |
| [TWO SIGMA INVESTMENTS, LP](/funds/1179392.md) | 2026-06-30 | $37.0m | 4,681,564 |  | Added +2,413,508 |
| [MARSHALL WACE, LLP](/funds/1318757.md) | 2026-06-30 | $33.3m | 4,204,881 |  | Added +173,362 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $28.9m | 3,654,174 |  | Added +64,217 |
| [JANE STREET GROUP, LLC](/funds/1595888.md) | 2026-06-30 | $28.2m | 3,569,335 |  | Added +2,596,903 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $26.7m | 3,373,624 |  | Added +101,144 |
| [MILLENNIUM MANAGEMENT LLC](/funds/1273087.md) | 2026-06-30 | $22.8m | 2,878,001 |  | Added +2,596,938 |

## Recent filings

[All 680 filings](/companies/ulcc/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-28 | 08:00 ET | [8-K](/filings/0001670076-26-000102.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001670076-26-000102 |
| 2026-08-31 | 16:34 ET | [8-K](/filings/0001670076-26-000093.md) | 2.05 Exit or disposal costs; 8.01 Other events | 0001670076-26-000093 |
| 2026-07-29 | 08:02 ET | [10-Q](/filings/0001670076-26-000087.md) | Quarterly report, period 2026-06-30 | 0001670076-26-000087 |
| 2026-07-29 | 08:01 ET | [8-K](/filings/0001670076-26-000086.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001670076-26-000086 |
| 2026-07-17 | 16:01 ET | [8-K](/filings/0001670076-26-000076.md) | 5.02 Departure or appointment of officers or directors | 0001670076-26-000076 |
| 2026-07-07 | 16:02 ET | [8-K](/filings/0001670076-26-000073.md) | 1.01 Entry into a material agreement | 0001670076-26-000073 |
| 2026-06-30 | 16:02 ET | [8-K](/filings/0001670076-26-000068.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation | 0001670076-26-000068 |
| 2026-06-12 | 16:15 ET | [8-K](/filings/0001193125-26-269466.md) | 5.02 Departure or appointment of officers or directors | 0001193125-26-269466 |
| 2026-05-15 | 16:01 ET | [8-K](/filings/0001670076-26-000061.md) | 5.07 Shareholder vote results | 0001670076-26-000061 |
| 2026-05-05 | 08:05 ET | [10-Q](/filings/0001670076-26-000051.md) | Quarterly report, period 2026-03-31 | 0001670076-26-000051 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001670076-26-000020.md), filed Feb 18, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 1670076
- Tickers: ULCC
- Exchange: Nasdaq
- SIC code: 4512 Air Transportation, Scheduled
- State of incorporation: DE
- Filer category: Accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 28, 2026, 08:02 ET. No prices; not investment advice.