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Frontier Group (ULCC) Revenue & Revenue Breakdown

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Frontier Group Revenue Highlights

Latest Revenue (Y)

$3.59B

Latest Revenue (Q)

$935.00M

Main Segment (Y)

Passenger

Frontier Group Revenue by Period

Frontier Group Revenue by Year

DateRevenueChange
2023-12-31$3.59B7.91%
2022-12-31$3.33B61.46%
2021-12-31$2.06B64.80%
2020-12-31$1.25B-50.16%
2019-12-31$2.51B16.33%
2018-12-31$2.16B25.79%
2016-12-31$1.71B6.86%
2015-12-31$1.60B0.69%
2014-12-31$1.59B-

Frontier Group generated $3.59B in revenue during NA 2023, up 7.91% compared to the previous quarter, and up 166.47% compared to the same period a year ago.

Frontier Group Revenue by Quarter

DateRevenueChange
2024-09-30$935.00M-3.91%
2024-06-30$973.00M12.49%
2024-03-31$865.00M-2.92%
2023-12-31$891.00M0.91%
2023-09-30$883.00M-8.69%
2023-06-30$967.00M14.03%
2023-03-31$848.00M-6.40%
2022-12-31$906.00M-
2022-09-30$906.00M-0.33%
2022-06-30$909.00M50.25%
2022-03-31$605.00M-0.66%
2021-12-31$609.00M-3.33%
2021-09-30$630.00M14.55%
2021-06-30$550.00M102.95%
2021-03-31$271.00M1.50%
2020-12-31$267.00M8.98%
2020-09-30$245.00M26.29%
2020-06-30$194.00M-64.34%
2020-03-31$544.00M-16.95%
2019-12-31$655.00M52.33%
2017-03-31$430.00M16.85%
2016-03-31$368.00M-

Frontier Group generated $935.00M in revenue during Q3 2024, up -3.91% compared to the previous quarter, and up 96.69% compared to the same period a year ago.

Frontier Group Revenue Breakdown

Frontier Group Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21
Passenger$3.51B$3.25B$2.00B
Passenger Service Fees$943.00M$817.00M$521.00M
Passenger Seat Selection$281.00M$251.00M$170.00M
Passenger Baggage$880.00M$741.00M$457.00M
Other Passenger Revenue$128.00M$57.00M$46.00M
Non-Fare Passenger Revenue$2.23B$1.87B$1.19B
Product and Service, Other$80.00M$78.00M$60.00M
Aircraft Fare$1.28B$1.38B$806.00M

Frontier Group's latest annual revenue breakdown by segment (product or service), as of Dec 23: Passenger (37.61%), Non-Fare Passenger Revenue (23.92%), Aircraft Fare (13.69%), Passenger Service Fees (10.11%), Passenger Baggage (9.43%), Passenger Seat Selection (3.01%), Other Passenger Revenue (1.37%), and Product and Service, Other (0.86%).

Quarterly Revenue by Product

Product/ServiceSep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
Passenger Service Fees$266.00M$216.00M$237.00M$244.00M$245.00M$217.00M$234.00M$220.00M$201.00M$162.00M$153.00M$164.00M$142.00M$62.00M
Other Passenger Revenue$25.00M$37.00M$38.00M$40.00M$33.00M$17.00M$15.00M$14.00M$15.00M$13.00M$13.00M$14.00M$10.00M$9.00M
Non-Fare Passenger Revenue$568.00M$521.00M$561.00M$560.00M$584.00M$527.00M$540.00M$497.00M$470.00M$359.00M$354.00M$356.00M$322.00M$162.00M
Aircraft Fare$342.00M$324.00M$311.00M$302.00M$361.00M$303.00M$347.00M$386.00M$420.00M$229.00M$238.00M$254.00M$214.00M$100.00M
Passenger$910.00M$845.00M$872.00M$862.00M$945.00M$830.00M$887.00M$883.00M$890.00M$588.00M$592.00M$610.00M$536.00M$262.00M
Product and Service, Other$25.00M$20.00M$19.00M$21.00M$22.00M$18.00M$19.00M$23.00M$19.00M$17.00M$17.00M$20.00M$14.00M$9.00M
Passenger Baggage$213.00M$204.00M$216.00M$211.00M$232.00M$221.00M$223.00M$202.00M$186.00M$130.00M$136.00M$131.00M$123.00M$67.00M
Passenger Seat Selection$64.00M$64.00M$70.00M$65.00M$74.00M$72.00M$68.00M$61.00M$68.00M$54.00M$52.00M$47.00M$47.00M$24.00M

Frontier Group's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Passenger (37.71%), Non-Fare Passenger Revenue (23.54%), Aircraft Fare (14.17%), Passenger Service Fees (11.02%), Passenger Baggage (8.83%), Passenger Seat Selection (2.65%), Other Passenger Revenue (1.04%), and Product and Service, Other (1.04%).

Frontier Group Revenue Breakdown by Country

Quarterly Revenue by Country

CountrySep 24
Latin America Destination$45.00M

Frontier Group's latest quarterly revenue breakdown by geography, as of Sep 24: Latin America Destination (100.00%).

Frontier Group 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
ALKAlaska Air Group$10.43B$3.07B
JBLUJetBlue Airways$9.62B$2.37B
SAVESpirit Airlines$5.36B$1.28B
ULCCFrontier Group$3.59B$935.00M
CPACopa$3.46B$893.47M
SKYWSkyWest$2.94B$912.79M
ALGTAllegiant Travel Company$2.51B$562.20M
ATSGAir Transport Services Group$2.07B$471.25M
SNCYSun Country Airlines$1.05B$249.47M
AALAmerican Airlines Group-$13.65B

ULCC Revenue FAQ

What is Frontier Group’s yearly revenue?

Frontier Group's yearly revenue for 2023 was $3.59B, representing an increase of 7.91% compared to 2022. The company's yearly revenue for 2022 was $3.33B, representing an increase of 61.46% compared to 2021. ULCC's yearly revenue for 2021 was $2.06B, representing an increase of 64.80% compared to 2020.

What is Frontier Group’s quarterly revenue?

Frontier Group's quarterly revenue for Q3 2024 was $935M, a -3.91% decrease from the previous quarter (Q2 2024), and a 5.89% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $973M, a 12.49% increase from the previous quarter (Q1 2024), and a 0.62% increase year-over-year (Q2 2023). ULCC's quarterly revenue for Q1 2024 was $865M, a -2.92% decrease from the previous quarter (Q4 2023), and a 2.00% increase year-over-year (Q1 2023).

What is Frontier Group’s revenue growth rate?

Frontier Group's revenue growth rate for the last 3 years (2021-2023) was 74.22%, and for the last 5 years (2019-2023) was 43.10%.

What are Frontier Group’s revenue streams?

Frontier Group's revenue streams in c 23 are Passenger, Passenger Service Fees, Passenger Seat Selection, Passenger Baggage, Other Passenger Revenue, Non-Fare Passenger Revenue, Product and Service, Other, and Aircraft Fare. Passenger generated $3.51B in revenue, accounting 37.61% of the company's total revenue, up 8.04% year-over-year. Passenger Service Fees generated $943M in revenue, accounting 10.11% of the company's total revenue, up 15.42% year-over-year. Passenger Seat Selection generated $281M in revenue, accounting 3.01% of the company's total revenue, up 11.95% year-over-year. Passenger Baggage generated $880M in revenue, accounting 9.43% of the company's total revenue, up 18.76% year-over-year. Other Passenger Revenue generated $128M in revenue, accounting 1.37% of the company's total revenue, up 124.56% year-over-year. Non-Fare Passenger Revenue generated $2.23B in revenue, accounting 23.92% of the company's total revenue, up 19.61% year-over-year. Product and Service, Other generated $80M in revenue, accounting 0.86% of the company's total revenue, up 2.56% year-over-year. Aircraft Fare generated $1.28B in revenue, accounting 13.69% of the company's total revenue, down -7.60% year-over-year.

What is Frontier Group’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Frontier Group was Passenger. This segment made a revenue of $3.51B, representing 37.61% of the company's total revenue.