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How Frontier Group Holdings (ULCC) makes money
Frontier Group Holdings (ULCC) made $1.4B of revenue in the third quarter 2026 (Q3 2026), +53% from a year earlier. Passenger brought in $1.3B (98%); Other brought in $28.0M (2%).
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Passenger | $1.3B | 97.9% | +7% | +55% |
| ↳ Fare | $665M | 49.1% | +8% | +102% |
| ↳ Service fees | $281M | 20.7% | +6% | +20% |
| ↳ Baggage | $239M | 17.6% | +2% | +34% |
| ↳ Seat selection | $91.0M | 6.7% | +3% | +17% |
| ↳ Other | $51.0M | 3.8% | +50% | +50% |
| Other | $28.0M | 2.1% | -36% | -12% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $1.4B | 100.0% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $1.4B | +53% |
| Q2 2026 | $1.3B | +38% |
| Q1 2026 | $992M | +9% |
| Q4 2025 | $997M | -0.5% |
| Q3 2025 | $886M | -5% |
| Q2 2025 | $929M | -4% |
| Q1 2025 | $912M | +5% |
From Frontier Group Holdings' 10-Q filed Oct 28, 2026 (on EDGAR).
Questions
How does Frontier Group Holdings make money?
Frontier Group Holdings (ULCC) made $1.4B of revenue in the third quarter 2026 (Q3 2026), +53% from a year earlier. Passenger brought in $1.3B (98%); Other brought in $28.0M (2%).
What is Frontier Group Holdings' biggest business?
Passenger: $1.3B in the third quarter 2026, 98% of revenue, +55% from a year earlier.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.