Filing Flows › Frontier Group Holdings (ULCC) › Q2 2026 › vs Q2 2025
Frontier Group Holdings (ULCC) Q2 2026 vs Q2 2025 (year over year)
Frontier Group Holdings's revenue rose $350M (+38%) from $929M in Q2 2025 to $1.3B in Q2 2026. The biggest changes: Passenger +$337M (+38%); Other +$13.0M (+42%).
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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Free cash flow margin | 10.8% | -17.9% | +28.7 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Fare | $613M | $348M | $265M | +76% |
| Service fees | $266M | $252M | $14.0M | +6% |
| Baggage | $234M | $186M | $48.0M | +26% |
| Seat selection | $88.0M | $81.0M | $7.0M | +9% |
| Other | $34.0M | $31.0M | $3.0M | +10% |
| Passenger | $1.2B | $898M | $337M | +38% |
| Other | $44.0M | $31.0M | $13.0M | +42% |
| Revenue | $1.3B | $929M | $350M | +38% |
| Income tax benefit | $4.0M | $0 | $4.0M | — |
| Net loss | $90.0M | $70.0M | $20.0M | +29% |
| Costs & expenses | $1.4B | $1.0B | $372M | +37% |
| Operating costs | $1.4B | $1.0B | $372M | +37% |
| Sales & marketing | $64.0M | $47.0M | $17.0M | +36% |
| Other operating costs | $1.3B | $957M | $355M | +37% |
| Operating cash sources | $241M | −$63.0M | $304M | — |
| Depreciation & amortization | $56.0M | $21.0M | $35.0M | +167% |
| Share-based compensation | $4.0M | $6.0M | −$2.0M | -33% |
| Working capital & other | $181M | −$90.0M | $271M | — |
| Net loss absorbed | $90.0M | $70.0M | $20.0M | +29% |
| Operating cash flow | $151M | −$133M | $284M | — |
| Free cash flow (OCF − capex) | $138M | −$166M | $304M | — |
| Capital expenditures | $13.0M | $33.0M | −$20.0M | -61% |
Questions
How much did Frontier Group Holdings's revenue grow year over year in Q2 2026?
Frontier Group Holdings's revenue rose $350M (+38%) from $929M in Q2 2025 to $1.3B in Q2 2026.
What drove Frontier Group Holdings's revenue change in Q2 2026?
Passenger +$337M (+38%); Other +$13.0M (+42%).