Frontier Group Holdings, Inc.
For the period ended Sep 30, 2025. Filed Nov 5, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 5, 2025
ULCC$8.35+12.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
(unaudited, in millions, except per share data)
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Operating revenues: | ||||
| Passenger | $854 | $910 | $2,636 | $2,705 |
| Other | 32 | 25 | 91 | 68 |
| Total operating revenues | 886 | 935 | 2,727 | 2,773 |
| Operating expenses: | ||||
| Aircraft fuel | 234 | 261 | 702 | 812 |
| Salaries, wages and benefits | 251 | 236 | 754 | 713 |
| Aircraft rent | 181 | 177 | 536 | 483 |
| Station operations | 173 | 164 | 531 | 464 |
| Maintenance, materials and repairs | 52 | 53 | 150 | 144 |
| Sales and marketing | 38 | 46 | 118 | 133 |
| Depreciation and amortization | 24 | 19 | 65 | 53 |
| Other operating | 10 | (40) | 69 | (42) |
| Total operating expenses | 963 | 916 | 2,925 | 2,760 |
| Operating income (loss) | (77) | 19 | (198) | 13 |
| Other income (expense): | ||||
| Interest expense | (15) | (10) | (34) | (27) |
| Capitalized interest | 10 | 8 | 26 | 24 |
| Interest income and other | 6 | 10 | 20 | 25 |
| Total other income (expense) | 1 | 8 | 12 | 22 |
| Income (loss) before income taxes | (76) | 27 | (186) | 35 |
| Income tax expense (benefit) | 1 | 1 | 4 | 4 |
| Net income (loss) | $(77) | $26 | $(190) | $31 |
| Earnings (loss) per share: | ||||
| Basic | $(0.34) | $0.11 | $(0.84) | $0.14 |
| Diluted | $(0.34) | $0.11 | $(0.84) | $0.14 |
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