Filing Flows › Frontier Group Holdings (ULCC) › Q1 2025
Frontier Group Holdings (ULCC) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 1, 2025
Frontier Group Holdings (ULCC) reported revenue of $912M for the first quarter 2025 (Q1 2025), +5% from a year earlier and -9% from the quarter before. Operating margin was -5.0%, net loss $43.0M (4.7% of revenue).
Frontier Group Holdings, Q1 2025: revenue $912M (+5% year over year), operating margin -5.0%, net loss $43.0M, operating cash flow −$86.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $912M | -9% | +5% |
| Operating profit | −$46.0M | — | — |
| Net earnings | −$43.0M | — | — |
| Operating cash flow | −$86.0M | — | — |
What changed
Revenue was $912.0M in Q1 2025, up 5% year over year and down 9% from the previous quarter. Fare was the largest line at 38% of revenue. Fare added $26.0M year over year (up 8%), 55% of the total change. Other declined 30%.
Operating costs exceeded revenue by $46.0M, an operating margin of -5.0%. Total costs grew 7% against revenue growth of 5%. The quarter ended with a net loss of $43.0M, after a profit of $54.0M the previous quarter.
Operating cash flow was −$86.0M. Non-cash charges added back $20.0M of depreciation and amortization and $5.0M of share-based compensation. Working capital and other items used $68.0M. Capital expenditures of $18.0M exceeded it, leaving free cash flow of −$104.0M.
Questions
What was Frontier Group Holdings' revenue in the first quarter 2025?
Frontier Group Holdings (ULCC) reported revenue of $912M for the first quarter 2025 (Q1 2025), +5% from a year earlier and -9% from the quarter before.
Was Frontier Group Holdings profitable in the first quarter 2025?
Operating loss was $46.0M (-5.0% of revenue) and net loss $43.0M.