Filing Flows › Frontier Group Holdings (ULCC) › Q4 2025
Frontier Group Holdings (ULCC) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 18, 2026
Frontier Group Holdings (ULCC) reported revenue of $997M for the fourth quarter 2025 (Q4 2025), -0.5% from a year earlier and +13% from the quarter before. Operating margin was 4.9%, net earnings $53.0M (5.3% of revenue).
Frontier Group Holdings, Q4 2025: revenue $997M (-0.5% year over year), operating margin 4.9%, net earnings $53.0M, operating cash flow −$91.0M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $997M | +13% | -0.5% |
| Operating profit | $49.0M | — | +9% |
| Net earnings | $53.0M | — | -2% |
| Operating cash flow | −$91.0M | — | — |
What changed
Revenue was $997.0M in Q4 2025, roughly flat year over year and up 13% from the previous quarter. Fare was the largest line at 45% of revenue.
Operating profit was $49.0M, a 4.9% margin (up 0.4 points year over year). Total costs fell 1% while revenue was flat. Net earnings were $53.0M, down 2% year over year. The effective tax rate was -1.9%.
Operating cash flow was −$91.0M. Non-cash charges added back $26.0M of depreciation and amortization and $5.0M of share-based compensation. Working capital and other items used $175.0M. Capital expenditures of $22.0M exceeded it, leaving free cash flow of −$113.0M.
Questions
What was Frontier Group Holdings' revenue in the fourth quarter 2025?
Frontier Group Holdings (ULCC) reported revenue of $997M for the fourth quarter 2025 (Q4 2025), -0.5% from a year earlier and +13% from the quarter before.
Was Frontier Group Holdings profitable in the fourth quarter 2025?
Operating profit was $49.0M (4.9% of revenue) and net earnings $53.0M.