Frontier Group Holdings, Inc.

ULCC · Nasdaq · ·

Compare

$8.09-0.2%Nov 11 close

Figures through September 30, 2026, from the 10-Q filed October 28, 2026

1W: +8.9%
1M: +45.0%

Frontier Group Holdings, Inc. (ULCC) stock — is it a good business? — InspectStocks

Frontier Group Holdings, Inc.

ULCC · Nasdaq · ·

Compare

$8.09-0.2%Nov 11 close

Figures through September 30, 2026, from the 10-Q filed October 28, 2026

1W: +8.9%
1M: +45.0%

Just reported

Q3 2026 results

From Frontier's results release of October 28, 2026; its quarterly report has since been filed.

Revenue
Actual
$1.36B
+53% y/y
+5.9% q/q
Guided
$1.3B
midpoint
Above guide+4.2%
EPS, GAAP
Actual
-$0.45
Guided
—
No guide given
Operating income, GAAP
Actual
-$108M
Guided
—
No guide given

Company outlook

Q4 2026

EPS, adjusted$0.05First given

Set against the company's own guidance and the same quarter a year earlier, not analysts' estimates, which we do not hold. Adjusted figures are the company's own non-GAAP measures, as stated in the release.

How it makes money

Aircraft fares40%
Passenger service fees25%
Baggage fees20%
Seat selection8%

Shares of revenue are estimates for year ended 2025-12-31, not figures from a filing.

Competes with

What it sells6

Frontier passenger flights
Scheduled flights within the United States and to select destinations in the Americas, sold with a base fare.
Baggage services
Paid options for carry-on and checked bags.
Seat selection
Paid advance seat choices, including seats with extra legroom.

Show 3 more

Bundles
Packages that combine optional travel services for customers who want more than the base fare.
FRONTIER Miles
A frequent-flyer program where customers earn miles and can use them for award travel.
Discount Den and GoWild! All-You-Can-Fly Pass
Paid memberships that give customers access to discounted fares or, subject to restrictions, unlimited travel for a specified period.

Who buys it5

Price-sensitive leisure travelers buying tickets for vacations and other personal trips.
People visiting friends or relatives who choose flights based on price and route availability.
Families buying tickets and optional services such as bags and seat choices.

Show 2 more

Cost-conscious business travelers.
Customers who book directly through Frontier’s website, mobile app or contact centers, as well as customers booking through travel agents and online travel sites.

What it stands on, and what could break it

What the business leans on

1Aircraft supply depends on Airbus, which Frontier identifies as its sole-source aircraft supplier.
2Aircraft operations depend on its engine suppliers, as well as access to replacement parts and maintenance.
3Operating costs depend on the price and availability of jet fuel.
4Frontier uses outside companies for functions including ground handling, catering, customer contact centers and major aircraft maintenance.
5Flight operations depend on access to airports, including landing and takeoff permissions at airports with restricted capacity.
6The FRONTIER Miles credit-card program and related miles financing depend on Barclays Bank Delaware under an agreement extended in June 2026.

What could go wrong

1A downturn could reduce demand for Frontier’s flights because many of its customers travel for leisure or other non-essential reasons; intense route-by-route fare competition can also pressure ticket revenue.
2Higher jet fuel prices or supply disruptions can raise operating costs. Frontier reported higher fuel costs amid energy-market volatility connected to conflict in the Middle East during 2026.
3Rules or disputes over passenger fees and airline charges can affect revenue and create unexpected costs. Frontier is contesting a federal tax assessment involving some optional services and recorded a charge related to Transportation Security Administration fee audits.

Full financial statements →

About Frontier Group Holdings, Inc.

Frontier Airlines flies passengers within the United States and to select destinations in the Americas. It focuses on price-sensitive leisure travelers, including families and people visiting friends or relatives. Customers can buy tickets through Frontier’s website, mobile app and contact centers, or through travel companies and booking sites.

Head office: Denver, Colorado
Founded: 1994 (airline founding year, high)
Employees: 7,750 (December 31, 2025, high)
Listed on: Nasdaq
Financial year ends: December 31

Built from Frontier Group Holdings, Inc.’s own filings with the U.S. Securities and Exchange Commission (SEC). Figures are as reported, with per-share history restated onto today’s share basis. This describes a business — it is not investment advice and not a recommendation to buy or sell anything.

Just reported

Q3 2026 results

From Frontier's results release of October 28, 2026; its quarterly report has since been filed.

Revenue
Actual
$1.36B
+53% y/y
+5.9% q/q
Guided
$1.3B
midpoint
Above guide+4.2%
EPS, GAAP
Actual
-$0.45
Guided
—
No guide given
Operating income, GAAP
Actual
-$108M
Guided
—
No guide given

Company outlook

Q4 2026

EPS, adjusted$0.05First given

Keep exploring

The themes Frontier is part of, the highest-graded companies in its industry, and the companies in its sector whose grade rose recently.

The theme it is part of

Highest-graded in Airlines

Graded A or B and worth $2B or more: A first, then the largest.

All 17 graded companies in its industry

Grade rose recently in Industrials

Rose to A or B on a filing in the last 90 days, worth $2B or more: largest first.

All grade rises

How it makes money

Aircraft fares40%
Passenger service fees25%
Baggage fees20%
Seat selection8%

Shares of revenue are estimates for year ended 2025-12-31, not figures from a filing.

Competes with

What it sells6

Frontier passenger flights
Scheduled flights within the United States and to select destinations in the Americas, sold with a base fare.
Baggage services
Paid options for carry-on and checked bags.
Seat selection
Paid advance seat choices, including seats with extra legroom.

Show 3 more

Bundles
Packages that combine optional travel services for customers who want more than the base fare.
FRONTIER Miles
A frequent-flyer program where customers earn miles and can use them for award travel.
Discount Den and GoWild! All-You-Can-Fly Pass
Paid memberships that give customers access to discounted fares or, subject to restrictions, unlimited travel for a specified period.

Who buys it5

Price-sensitive leisure travelers buying tickets for vacations and other personal trips.
People visiting friends or relatives who choose flights based on price and route availability.
Families buying tickets and optional services such as bags and seat choices.

Show 2 more

Cost-conscious business travelers.
Customers who book directly through Frontier’s website, mobile app or contact centers, as well as customers booking through travel agents and online travel sites.

What it stands on, and what could break it

What the business leans on

1Aircraft supply depends on Airbus, which Frontier identifies as its sole-source aircraft supplier.
2Aircraft operations depend on its engine suppliers, as well as access to replacement parts and maintenance.
3Operating costs depend on the price and availability of jet fuel.
4Frontier uses outside companies for functions including ground handling, catering, customer contact centers and major aircraft maintenance.
5Flight operations depend on access to airports, including landing and takeoff permissions at airports with restricted capacity.
6The FRONTIER Miles credit-card program and related miles financing depend on Barclays Bank Delaware under an agreement extended in June 2026.

What could go wrong

1A downturn could reduce demand for Frontier’s flights because many of its customers travel for leisure or other non-essential reasons; intense route-by-route fare competition can also pressure ticket revenue.
2Higher jet fuel prices or supply disruptions can raise operating costs. Frontier reported higher fuel costs amid energy-market volatility connected to conflict in the Middle East during 2026.
3Rules or disputes over passenger fees and airline charges can affect revenue and create unexpected costs. Frontier is contesting a federal tax assessment involving some optional services and recorded a charge related to Transportation Security Administration fee audits.

Full financial statements →

About Frontier Group Holdings, Inc.

Head office: Denver, Colorado
Founded: 1994 (airline founding year, high)
Employees: 7,750 (December 31, 2025, high)
Listed on: Nasdaq
Financial year ends: December 31

Frontier Group Holdings, Inc.

Frontier Group Holdings, Inc.

Q3 2026 results

Revenue

EPS, GAAP

Operating income, GAAP

Company outlook

How it makes money

Competes with

What it sells6

Who buys it5

What it stands on, and what could break it

What the business leans on

What could go wrong

About Frontier Group Holdings, Inc.

Q3 2026 results

Revenue

EPS, GAAP

Operating income, GAAP

Company outlook

Keep exploring

The theme it is part of

Highest-graded in Airlines

Grade rose recently in Industrials

How it makes money

Competes with

What it sells6

Who buys it5

What it stands on, and what could break it

What the business leans on

What could go wrong

About Frontier Group Holdings, Inc.

Keep exploring

The theme it is part of

Highest-graded in Airlines

Grade rose recently in Industrials

Airlines

Growth & cash — 5 of 5

Business trend

Share price and grade over time