Filing Flows › Frontier Group Holdings (ULCC) › Q2 2026
Frontier Group Holdings (ULCC) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 29, 2026
Frontier Group Holdings (ULCC) reported revenue of $1.3B for the second quarter 2026 (Q2 2026), +38% from a year earlier and +29% from the quarter before. Operating margin was -7.6%, net loss $90.0M (7.0% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.3B | +29% | +38% |
| Operating profit | −$97.0M | — | — |
| Net earnings | −$90.0M | — | — |
| Operating cash flow | $151M | +278% | — |
| Free cash flow | $138M | +393% | — |
What changed
Revenue was $1.3B in Q2 2026, up 38% year over year and up 29% from the previous quarter. Fare was the largest line at 48% of revenue. Fare added $0.27B year over year (up 76%), 76% of the total change.
Operating costs exceeded revenue by $0.10B, an operating margin of -7.6%. Total costs grew 37% against revenue growth of 38%. The fastest-growing cost line was Other operating costs (+37%). The quarter ended with a net loss of $0.09B, narrower than the previous quarter's $0.27B loss.
Operating cash flow was $0.15B. Non-cash charges added back $0.06B of depreciation and amortization and $4.0M of share-based compensation. Working capital and other items added $0.18B. Capital expenditures of $0.01B left free cash flow of $0.14B.
Questions
What was Frontier Group Holdings' revenue in the second quarter 2026?
Frontier Group Holdings (ULCC) reported revenue of $1.3B for the second quarter 2026 (Q2 2026), +38% from a year earlier and +29% from the quarter before.
Was Frontier Group Holdings profitable in the second quarter 2026?
Operating loss was $97.0M (-7.6% of revenue) and net loss $90.0M.