NASDAQ$ULCC

Frontier Group Holdings Inc · Q1 2025 earnings

Q1 2025 earnings · · After market close · Investor relations

Briefing

Frontier Group reported Q1 2025 total operating revenues of $912M with a net loss of $43M and diluted EPS of $(0.19).

Total operating revenues rose to $912 million as capacity and traffic grew in the ultra-low-cost model. Net loss was $43 million versus $26 million; diluted EPS was $(0.19). CASM ex-fuel and ancillary revenue per passenger were focus areas.

  • Q1 total operating revenues $912M (+5% YoY).
  • Net loss $43M; diluted EPS $(0.19).
  • Fleet expansion and route development.
  • Ancillary revenue and loyalty program growth.
  • Fuel and labor cost management.

Headline financials

Total Revenue

$912M

Previous: $865M+5.4%
EPS (adj)

-$0.19

Previous: -$0.12-58.3%
Net Income

-$43M

Previous: -$26M-65.4%
Operating Income

-$46M

Previous: -$31M-48.4%

Revenue & EPS history

Frontier · Revenue · Quarterly

$912M

Q1 2025+5.4%vs Q1 2024
Beat estimate in 5 of 15 quarters(33%)
ActualEstimate

Revenue by segment

Frontier · $883M total across 2 segments · Q3 2023

  • Passenger
    $862M-2.4%
  • Other
    $21M-8.7%

Forward guidance

Frontier discusses capacity growth, unit revenue trends, and A320neo deliveries; full-year CASM and margin targets on calls.

Tailwinds

  • ULCC model demand in leisure markets.
  • New aircraft efficiency and scale.
  • Ancillary monetization improvements.

Headwinds

  • Competitive capacity in key markets.
  • Aircraft delivery delays from OEMs.
  • Fuel price and irregular ops cost spikes.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+2.4%

Avg return

Earnings day

+2.8%

Avg return

5 days after

+0.4%

Avg return

30 days after

56%

14 / 25 earnings

Positive

+33.8%

Q4 2023

Best reaction

-18.4%

Q1 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+10.5%+15.1%+35.7%
Q4 2025-7.9%-10.2%-43.5%
Q3 2025+0.3%-1.6%+34.3%
Q1 2025+7.6%+12.2%+29.3%
Q4 2024+15.5%+14.3%-17.9%
Q3 2024-14.0%-17.9%-21.7%
Q2 2024+0.6%-1.0%+21.0%
Q1 2024-1.4%+2.7%-6.3%
Q4 2023+33.8%+47.0%+45.8%
Q3 2023-1.0%-11.7%+5.2%
Q2 2023-9.7%-13.0%-32.5%
Q1 2023-18.4%-13.6%-2.5%
Q4 2022-15.0%-16.5%-21.8%
Q3 2022+19.7%+32.2%+35.7%
Q2 2022+28.2%+32.1%+21.8%
Q1 2022+1.5%+0.8%+0.0%
Q4 2019+3.3%+2.1%-10.3%
Q4 2021+7.3%+10.2%-12.8%
Q3 2021-3.5%-2.9%-18.2%
Q3 2020-3.5%-2.9%-18.2%
Q2 2021+0.0%-2.6%+3.4%
Q2 2020+0.0%-2.6%+3.4%
Q1 2021+1.9%-0.6%-6.7%
Q4 2020+1.9%-0.6%-6.7%
Q1 2020+1.9%-0.6%-6.7%
Q1 2017
Q1 2016

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