Filing Flows › Frontier Group Holdings (ULCC) › Q3 2026
Frontier Group Holdings (ULCC) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 28, 2026
Frontier Group Holdings (ULCC) reported revenue of $1.4B for the third quarter 2026 (Q3 2026), +53% from a year earlier and +6% from the quarter before. Operating margin was -8.0%, net loss $104M (7.7% of revenue).
Frontier Group Holdings, Q3 2026: revenue $1.4B (+53% year over year), operating margin -8.0%, net loss $104M, operating cash flow −$41.0M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.4B | +6% | +53% |
| Operating profit | −$108M | — | — |
| Net earnings | −$104M | — | — |
| Operating cash flow | −$41.0M | -127% | — |
What changed
Revenue was $1.4B in Q3 2026, up 53% year over year and up 6% from the previous quarter. Fare was the largest line at 49% of revenue. Fare added $0.34B year over year (up 102%), 71% of the total change. Other declined 12%.
Operating costs exceeded revenue by $0.11B, an operating margin of -8.0%. Total costs grew 52% against revenue growth of 53%. The fastest-growing cost line was Sales & marketing (+71%). The quarter ended with a net loss of $0.10B, wider than the previous quarter's $0.09B loss.
Operating cash flow was −$0.04B. Non-cash charges added back $0.06B of depreciation and amortization and $0.01B of share-based compensation. Capital expenditures of $0.01B exceeded it, leaving free cash flow of −$0.05B.
Questions
What was Frontier Group Holdings' revenue in the third quarter 2026?
Frontier Group Holdings (ULCC) reported revenue of $1.4B for the third quarter 2026 (Q3 2026), +53% from a year earlier and +6% from the quarter before.
Was Frontier Group Holdings profitable in the third quarter 2026?
Operating loss was $108M (-8.0% of revenue) and net loss $104M.