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Spirit Airlines (SAVE) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

Spirit Airlines Revenue Highlights

Latest Revenue (Y)

$5.36B

Latest Revenue (Q)

$1.28B

Main Segment (Y)

Products And Services, Passenger

Main Geography (Y)

UNITED STATES

Spirit Airlines Revenue by Period

Spirit Airlines Revenue by Year

DateRevenueChange
2023-12-31$5.36B5.80%
2022-12-31$5.07B56.88%
2021-12-31$3.23B78.49%
2020-12-31$1.81B-52.75%
2019-12-31$3.83B15.27%
2018-12-31$3.32B25.51%
2017-12-31$2.65B14.03%
2016-12-31$2.32B8.43%
2015-12-31$2.14B10.87%
2014-12-31$1.93B16.76%
2013-12-31$1.65B25.49%
2012-12-31$1.32B23.08%
2011-12-31$1.07B37.11%
2010-12-31$781.26M11.60%
2009-12-31$700.04M-11.08%
2008-12-31$787.26M-

Spirit Airlines generated $5.36B in revenue during NA 2023, up 5.80% compared to the previous quarter, and up 161.38% compared to the same period a year ago.

Spirit Airlines Revenue by Quarter

DateRevenueChange
2024-06-30$1.28B1.21%
2024-03-31$1.27B-4.25%
2023-12-31$1.32B5.02%
2023-09-30$1.26B-12.14%
2023-06-30$1.43B6.13%
2023-03-31$1.35B-2.99%
2022-12-31$1.39B3.58%
2022-09-30$1.34B-1.72%
2022-06-30$1.37B41.28%
2022-03-31$967.32M-2.05%
2021-12-31$987.56M7.04%
2021-09-30$922.63M7.37%
2021-06-30$859.31M86.29%
2021-03-31$461.28M-7.46%
2020-12-31$498.49M24.03%
2020-09-30$401.92M190.14%
2020-06-30$138.53M-82.03%
2020-03-31$771.08M-20.49%
2019-12-31$969.82M-2.23%
2019-09-30$991.97M-2.07%
2019-06-30$1.01B18.36%
2019-03-31$855.80M-0.81%
2018-12-31$862.79M-4.59%
2018-09-30$904.33M6.17%
2018-06-30$851.77M20.97%
2018-03-31$704.14M5.67%
2017-12-31$666.33M-3.04%
2017-09-30$687.23M-2.06%
2017-06-30$701.68M18.58%
2017-03-31$591.75M2.32%
2016-12-31$578.35M-6.92%
2016-09-30$621.33M6.37%
2016-06-30$584.13M8.55%
2016-03-31$538.14M3.52%
2015-12-31$519.85M-9.57%
2015-09-30$574.84M3.87%
2015-06-30$553.42M12.18%
2015-03-31$493.36M3.98%
2014-12-31$474.49M-8.71%
2014-09-30$519.77M4.09%
2014-06-30$499.34M14.01%
2014-03-31$437.99M4.29%
2013-12-31$419.98M-8.02%
2013-09-30$456.63M12.10%
2013-06-30$407.34M9.96%
2013-03-31$370.44M12.85%
2012-12-31$328.27M-4.10%
2012-09-30$342.32M-1.15%
2012-06-30$346.31M14.86%
2012-03-31$301.50M10.07%
2011-12-31$273.92M-5.12%
2011-09-30$288.71M4.65%
2011-06-30$275.89M18.58%
2011-03-31$232.66M6.45%
2010-12-31$218.56M7.32%
2010-09-30$203.66M14.83%
2010-06-30$177.36M-3.64%
2010-03-31$184.05M7.64%
2009-12-31$170.99M-4.26%
2009-09-30$178.61M-

Spirit Airlines generated $1.28B in revenue during Q2 2024, up 1.21% compared to the previous quarter, and up 94.90% compared to the same period a year ago.

Spirit Airlines Revenue Breakdown

Spirit Airlines Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Products And Services, Fare$2.34B$2.46B---
Products And Services, Passenger$5.27B$4.99B---
Product and Service, Other$94.39M$79.08M---
Products And Services, Non Fare$2.93B$2.53B$1.75B$1.01B$1.87B
Advance Seat Selection Fees--$215.68M$125.21M$228.88M
Baggage Fees--$663.23M$404.90M$734.24M
Passenger Usage Fees--$610.76M$358.56M$669.18M
Products And Services, Non-Fare Revenue, Other--$263.20M$120.64M$238.45M

Spirit Airlines's latest annual revenue breakdown by segment (product or service), as of Dec 23: Products And Services, Passenger (49.56%), Products And Services, Non Fare (27.56%), Products And Services, Fare (21.99%), and Product and Service, Other (0.89%).

Quarterly Revenue by Product

Product/ServiceJun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Product and Service, Other$27.09M$26.23M$25.05M$24.63M$22.41M$22.30M$21.64M$21.10M$18.77M$17.57M$15.83M$15.40M$12.80M$10.94M$10.07M$9.18M$7.71M$17.53M$18.06M$18.61M
Products And Services, Non Fare$722.15M$719.37M$741.50M$707.14M$762.72M$718.61M$709.90M$648.23M$644.09M$531.33M$513.79M$486.22M$476.82M$276.05M$281.85M$228.31M$67.05M$432.10M$490.32M$479.98M
Products And Services, Passenger$1.25B$1.24B$1.30B$1.23B$1.41B$1.33B$1.37B$1.32B$1.35B$949.74M$971.73M$907.23M$846.51M$450.33M$488.42M$392.74M$130.82M$753.55M$951.76M$973.35M
Products And Services, Fare$531.65M$519.94M$555.21M$526.78M$647.34M$608.86M$659.77M$673.85M$703.78M$418.42M$457.93M$421.01M$369.69M$174.29M$206.58M$164.43M$63.77M$321.45M$461.44M$493.38M

Spirit Airlines's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Products And Services, Passenger (49.47%), Products And Services, Non Fare (28.49%), Products And Services, Fare (20.98%), and Product and Service, Other (1.07%).

Spirit Airlines Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 19
Latin America And Caribbean$686.40M$696.60M$406.00M--
UNITED STATES$4.68B$4.37B$2.82B$1.66B$3.46B
Latin America---$149.30M$367.70M

Spirit Airlines's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (87.20%), and Latin America And Caribbean (12.80%).

Spirit Airlines Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
DALDelta Air Lines$58.05B$15.68B
UALUnited Airlines$53.72B$14.84B
LUVSouthwest Airlines$26.09B$6.33B
JBLUJetBlue Airways$9.62B$2.37B
SAVESpirit Airlines$5.36B$1.28B
HAHawaiian$2.72B$731.90M
ALGTAllegiant Travel Company$2.51B$562.20M
SNCYSun Country Airlines$1.05B$249.47M
AALAmerican Airlines Group-$13.65B

SAVE Revenue FAQ

What is Spirit Airlines’s yearly revenue?

Spirit Airlines's yearly revenue for 2023 was $5.36B, representing an increase of 5.80% compared to 2022. The company's yearly revenue for 2022 was $5.07B, representing an increase of 56.88% compared to 2021. SAVE's yearly revenue for 2021 was $3.23B, representing an increase of 78.49% compared to 2020.

What is Spirit Airlines’s quarterly revenue?

Spirit Airlines's quarterly revenue for Q2 2024 was $1.28B, a 1.21% increase from the previous quarter (Q1 2024), and a -10.58% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $1.27B, a -4.25% decrease from the previous quarter (Q4 2023), and a -6.24% decrease year-over-year (Q1 2023). SAVE's quarterly revenue for Q4 2023 was $1.32B, a 5.02% increase from the previous quarter (Q3 2023), and a -5.00% decrease year-over-year (Q4 2022).

What is Spirit Airlines’s revenue growth rate?

Spirit Airlines's revenue growth rate for the last 3 years (2021-2023) was 65.98%, and for the last 5 years (2019-2023) was 39.99%.

What are Spirit Airlines’s revenue streams?

Spirit Airlines's revenue streams in c 23 are Products And Services, Fare, Products And Services, Passenger, Product and Service, Other, and Products And Services, Non Fare. Products And Services, Fare generated $2.34B in revenue, accounting 21.99% of the company's total revenue, down -4.79% year-over-year. Products And Services, Passenger generated $5.27B in revenue, accounting 49.56% of the company's total revenue, up 5.59% year-over-year. Product and Service, Other generated $94.39M in revenue, accounting 0.89% of the company's total revenue, up 19.35% year-over-year. Products And Services, Non Fare generated $2.93B in revenue, accounting 27.56% of the company's total revenue, up 15.65% year-over-year.

What is Spirit Airlines’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Spirit Airlines was Products And Services, Passenger. This segment made a revenue of $5.27B, representing 49.56% of the company's total revenue.