Spirit Airlines (SAVE) Revenue & Revenue Breakdown
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
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $5.36B | 5.80% |
| 2022-12-31 | $5.07B | 56.88% |
| 2021-12-31 | $3.23B | 78.49% |
| 2020-12-31 | $1.81B | -52.75% |
| 2019-12-31 | $3.83B | 15.27% |
| 2018-12-31 | $3.32B | 25.51% |
| 2017-12-31 | $2.65B | 14.03% |
| 2016-12-31 | $2.32B | 8.43% |
| 2015-12-31 | $2.14B | 10.87% |
| 2014-12-31 | $1.93B | 16.76% |
| 2013-12-31 | $1.65B | 25.49% |
| 2012-12-31 | $1.32B | 23.08% |
| 2011-12-31 | $1.07B | 37.11% |
| 2010-12-31 | $781.26M | 11.60% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $1.28B | 1.21% |
| 2024-03-31 | $1.27B | -4.25% |
| 2023-12-31 | $1.32B | 5.02% |
| 2023-09-30 | $1.26B | -12.14% |
| 2023-06-30 | $1.43B | 6.13% |
| 2023-03-31 | $1.35B | -2.99% |
| 2022-12-31 | $1.39B | 3.58% |
| 2022-09-30 | $1.34B | -1.72% |
| 2022-06-30 | $1.37B | 41.28% |
| 2022-03-31 | $967.32M | -2.05% |
| 2021-12-31 | $987.56M | 7.04% |
| 2021-09-30 | $922.63M | 7.37% |
| 2021-06-30 | $859.31M | 86.29% |
| 2021-03-31 | $461.28M | -7.46% |
| 2020-12-31 | $498.49M | 24.03% |
| 2020-09-30 | $401.92M | 190.14% |
| 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 | $1.01B | 18.36% |
| 2019-03-31 | $855.80M | -0.81% |
| 2018-12-31 | $862.79M | -4.59% |
| 2018-09-30 | $904.33M | 6.17% |
| 2018-06-30 | $851.77M | 20.97% |
| 2018-03-31 | $704.14M | 5.67% |
| 2017-12-31 | $666.33M | -3.04% |
| 2017-09-30 | $687.23M | -2.06% |
| 2017-06-30 | $701.68M | 18.58% |
| 2017-03-31 | $591.75M | 2.32% |
| 2016-12-31 | $578.35M | -6.92% |
| 2016-09-30 | $621.33M | 6.37% |
| 2016-06-30 | $584.13M | 8.55% |
| 2016-03-31 | $538.14M | 3.52% |
| 2015-12-31 | $519.85M | -9.57% |
| 2015-09-30 | $574.84M | 3.87% |
| 2015-06-30 | $553.42M | 12.18% |
| 2015-03-31 | $493.36M | 3.98% |
| 2014-12-31 | $474.49M | -8.71% |
| 2014-09-30 | $519.77M | 4.09% |
| 2014-06-30 | $499.34M | 14.01% |
| 2014-03-31 | $437.99M | 4.29% |
| 2013-12-31 | $419.98M | -8.02% |
| 2013-09-30 | $456.63M | 12.10% |
| 2013-06-30 | $407.34M | 9.96% |
| 2013-03-31 | $370.44M | 12.85% |
| 2012-12-31 | $328.27M | -4.10% |
| 2012-09-30 | $342.32M | -1.15% |
| 2012-06-30 | $346.31M | 14.86% |
| 2012-03-31 | $301.50M | 10.07% |
| 2011-12-31 | $273.92M | -5.12% |
| 2011-09-30 | $288.71M | 4.65% |
| 2011-06-30 | $275.89M | 18.58% |
| 2011-03-31 | $232.66M | 6.45% |
| 2010-12-31 | $218.56M | 7.32% |
| 2010-09-30 | $203.66M | 14.83% |
| 2010-06-30 | $177.36M | -3.64% |
| 2010-03-31 | $184.05M | 7.64% |
| 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/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 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/Service | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 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
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 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
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| DAL | Delta Air Lines | $58.05B | $15.68B |
| UAL | United Airlines | $53.72B | $14.84B |
| LUV | Southwest Airlines | $26.09B | $6.33B |
| JBLU | JetBlue Airways | $9.62B | $2.37B |
| SAVE | Spirit Airlines | $5.36B | $1.28B |
| HA | Hawaiian | $2.72B | $731.90M |
| ALGT | Allegiant Travel Company | $2.51B | $666.28M |
| SNCY | Sun Country Airlines | $1.05B | $249.47M |
| AAL | American 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.