Filing Flows › Frontier Group Holdings (ULCC) › Q2 2026 › vs Q1 2026
Frontier Group Holdings (ULCC) Q2 2026 vs Q1 2026 (quarter over quarter)
Frontier Group Holdings's revenue rose $287M (+29%) from $992M in Q1 2026 to $1.3B in Q2 2026. The biggest changes: Passenger +$283M (+30%); Other +$4.0M (+10%).
Frontier Group Holdings, Q2 2026: revenue $1.3B (+38% year over year), operating margin -7.6%, net loss $90.0M, operating cash flow $151M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Free cash flow margin | 10.8% | 2.8% | +8.0 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Fare | $613M | $449M | $164M | +37% |
| Service fees | $266M | $170M | $96.0M | +56% |
| Baggage | $234M | $215M | $19.0M | +9% |
| Seat selection | $88.0M | $83.0M | $5.0M | +6% |
| Other | $34.0M | $35.0M | −$1.0M | -3% |
| Passenger | $1.2B | $952M | $283M | +30% |
| Other | $44.0M | $40.0M | $4.0M | +10% |
| Revenue | $1.3B | $992M | $287M | +29% |
| Income tax benefit | $4.0M | $9.0M | −$5.0M | -56% |
| Net loss | $90.0M | $272M | −$182M | -67% |
| Costs & expenses | $1.4B | $1.3B | $101M | +8% |
| Operating costs | $1.4B | $1.3B | $101M | +8% |
| Sales & marketing | $64.0M | $142M | −$78.0M | -55% |
| Other operating costs | $1.3B | $1.1B | $179M | +16% |
| Operating cash sources | $241M | $312M | −$71.0M | -23% |
| Depreciation & amortization | $56.0M | $62.0M | −$6.0M | -10% |
| Share-based compensation | $4.0M | $5.0M | −$1.0M | -20% |
| Working capital & other | $181M | $245M | −$64.0M | -26% |
| Net loss absorbed | $90.0M | $272M | −$182M | -67% |
| Operating cash flow | $151M | $40.0M | $111M | +278% |
| Free cash flow (OCF − capex) | $138M | $28.0M | $110M | +393% |
| Capital expenditures | $13.0M | $12.0M | $1.0M | +8% |
Questions
How much did Frontier Group Holdings's revenue grow quarter over quarter in Q2 2026?
Frontier Group Holdings's revenue rose $287M (+29%) from $992M in Q1 2026 to $1.3B in Q2 2026.
What drove Frontier Group Holdings's revenue change in Q2 2026?
Passenger +$283M (+30%); Other +$4.0M (+10%).