Skip to main content
ULCC logo

ULCC · Frontier Group Holdings, Inc.

Track ULCC — free
$7.12 +0.03 (+0.42%) At close · Nov 5
Market Cap
$1.64B
Shares
230.42M
Volume · Nov 5 4.71M Avg daily vol (3M) 2.99M

Price & Indicators

Drag to pan · scroll to zoom
20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$7.12 Open$7.57 Day$6.65–7.60 52W close$3.10–8.06 Avg vol 30d3.6M Short int24.8M · 10.8% of shares · 8.7d Short vol37% Last earningsOct 28, 2026 DataApr 2021–Nov 2026 Filing10-Q · Oct 28

Up next

Jan 24, 2027 Est · unconfirmed · in 11 wks

Latest documents

2026
Nov 2
Current report 8-K Events of Oct 29
Director or officer change, or executive pay, Regulation FD disclosure

Frontier Group Holdings, Inc. appointed Michael Delehant Executive Vice President, Chief Operating Officer effective November 30, 2026, and announced other leadership changes, including James Fenner’s promotion and departures of Trevor Stedke and Alexandre Clerc effective November 13, 2026.

Oct 28
Earnings call
Q3 2026 earnings call

Frontier Group Holdings reported record third-quarter revenue of $1.4 billion, up 53% year over year, RASM growth of 30%, and adjusted diluted earnings per share of $0.18; it targets $200 million of annual run rate cost savings by 2027.

Oct 28
Quarterly report 10-Q FY2026 Q3, ended Sep 30
Revenue rose 33%, but net loss widened to $466 million

Frontier Group Holdings reported nine-month operating revenue of $3,626 million, up 33%, but a $466 million net loss; operating expenses reached $4,114 million and available liquidity totaled $1,178 million at September 30, 2026.

Revenue $1.36B ▲ 52.9% Net loss $104M Diluted EPS -$0.45
Read from the MD&A section
4 source passages
Total operating revenues for the nine months ended September 30, 2026 totaled $3,626 million, an increase of 33% compared to the nine months ended September 30, 2025. We generated a net loss of $466 million during the nine months ended September 30, 2026, compared to a net loss of $190 million for the nine months ended September 30, 2025. Total operating expenses during the nine months ended September 30, 2026 increased to $4,114 million, resulting in a CASM of 12.73¢, an increase of 30% compared to the nine months ended September 30, 2025. As of September 30, 2026, our total available liquidity was $1,178 million, consisting of $958 million of unrestricted cash and cash equivalents and availability under our revolving line of credit (the “Revolving Loan Facility”). Open the document at this passage
Oct 28
Current report 8-K
Financial results

Frontier Group Holdings reported third-quarter 2026 revenue of $1.4 billion, up 53 percent year over year, and adjusted net income of $40 million, or $0.18 per diluted share; GAAP net loss was $104 million.

Read from the first part of this long document
All documents

Metrics snapshot

Useful current figures from the complete screener profile.

Revenue (TTM)
$4.62B
Trailing 12 months
Net income (TTM)
−$413.00M
Trailing 12 months
Revenue growth YoY
+52.9%
Year over year
Operating margin
-9.5%
Trailing 12 months
P / E (TTM)
—
Trailing earnings
FCF yield
0.1%
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
$494.00M
Latest balance sheet
Dividend yield
—
Trailing 12 months
Shares change YoY
+0.9%
Year over year · more shares
Price change (1Y)
+96.9%
Trailing year
Short interest
10.8%
Latest settlement · 8.7 days to cover
View all 122 metrics

AI Brief

Q3 FY26 earnings call · Oct 28, 2026
Q3 FY26

TL;DR. Frontier delivered record Q3 revenue of approximately $1.4 billion, up 53% year over year, with RASM up 30%, adjusted EPS of $0.18 significantly above guidance, improved adjusted profitability, stronger liquidity and lower leverage, and progress on fleet, cost, operations and loyalty initiatives. Q4 RASM is expected to rise over 20%, but adjusted EPS is guided to a range of a $0.15 loss to a $0.05 profit amid elevated fuel costs, while GAAP losses, non-recurring charges and unresolved pilot negotiations remain risks.

Bullish
  • + Record Q3 revenue rose 53% to approximately $1.4 billion. new
  • + RASM increased 30% to 11.87 cents on 18% higher capacity. new
  • + Adjusted EPS of $0.18 significantly exceeded guidance and adjusted pre-tax margin improved nearly 12 percentage points to 3%. new
  • + Loyalty-related revenue improved 37% year over year and provides recurring revenue streams. new
  • + Liquidity was $1.18 billion and leverage fell to just over four times trailing adjusted EBITDA. new
  • + Fleet right-sizing is substantially complete and is expected to produce $200 million of annual run-rate savings by 2027, including lower maintenance obligations. new
Bearish
  • − Fuel expense rose 56% year over year, adding approximately $150 million of incremental expense. new
  • − The latest aircraft early-return agreement resulted in $134 million of non-recurring charges in Q3. new
  • − A court ruling regarding TSA fees resulted in a $73 million charge to passenger revenue for prior years. new
  • − Pilot contract negotiations remain unresolved and active negotiations are expected to begin in the new year. new

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

Equibles Rating

blended score · not investment advice
Overall
Neutral
SellHoldBuy
Technical Buy Momentum Very Strong Sentiment Neutral Fundamentals Weak Quant / Vol Very High
Market backdrop VIX 16.6 · calm Equity put/call 0.44
Technical
price trend
Buy
50 / 200-day cross No cross
Price vs 200-day avg +30%
above
Price vs 50-day avg +23%
above
RSI (14) 63
neutral
MACD trend Positive
52-week position 81%
mid-range
Volume (OBV) Confirms
volume backs price
Momentum
relative strength
Very Strong
1-month return +20%
trailing
6-month return +50%
trailing
YTD return +51%
this year
Relative strength +51%
vs S&P · 6-mo
Sentiment
smart money
Neutral
Trend (MA cross) No cross
50d $6 › 200d $5 — 50d above 200d
Institutional flow Accumulating
45 of 181 funds reported for Sep 30 · net +295.6K sh shares · +10 new
Insider flow Distributing
Net -$19.9K over 90 days · 100% sells
Short interest Rising
10.76% of shares out · ▲ +5.3% MoM · 8.7 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr high
181 holders — near 3-yr high, broad support
Squeeze score 88
high risk · 0–100
Fundamentals
Weak
Revenue growth −1%
Y/Y
EPS growth −262%
Y/Y
Balance sheet $57.0M
net cash
Quant / Vol
risk profile
Very High
Volatility 80%
annualized · 1-yr
Max drawdown −52%
past year
ATR 8.0%
of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record

Latest guidance · from the Earnings Call filed Jul 29, 2026
Capacity growth · next year 5% – 8%
Previous outlook earlier release · from the 8-K filed May 5, 2026

Still-open targets the latest release did not restate under the same label.

Pre-delivery deposits, net of refunds · Full Year 2026 $-210 – $-170
Prior guidance period ended · from the 8-K filed Jul 29, 2026
Capacity growth (compared to corresponding 2025 quarter) · Third Quarter 2026 17% – 18%

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Buy
0 · 4 · 3
50 / 200-day cross
No cross Neutral
Price vs 200-day avg
+30% Bullish
Price vs 50-day avg
+23% Bullish
RSI (14)
63 Neutral
MACD trend
Positive Bullish
52-week position
81% Neutral
Volume (OBV)
Confirms Neutral
Market signals — smart money & positioning
Mixed
Trend (MA cross) No cross
50d $6 › 200d $5 — 50d above 200d
Institutional flow Accumulating
45 of 181 funds reported for Sep 30 · net +295.6K sh shares · +10 new
Insider flow Distributing
Net -$19.9K over 90 days · 100% sells
Short interest Rising
10.76% of shares out · ▲ +5.3% MoM · 8.7 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr high
181 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $3 Now $7 · 81% Range high $8
vs 200-day avg +30% vs 50-day avg +23%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

Earlier KPI extraction records exist, but do not meet the current evidence-completeness requirements. No current verified series is available. Earlier figures remain withheld until revalidated; this is not evidence that the company reports no KPIs.

Versus peers

Airlines — same industry group
Open screener →
Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
ULCC
Frontier Group Holdings, Inc.
this stock
$1.64B +51.2% -1.4% — 10.8%
DAL
Delta Air Lines, Inc.
$58.71B +23.0% +4.0% 17.9 3.2%
UAL
United Airlines Holdings, Inc.
$35.90B -1.2% +3.2% 10.1 4.1%
RYAAY
Ryanair Holdings PLC
$29.74B -18.9% — — 0.0%
LUV
Southwest Airlines Co
$22.73B +7.5% +3.7% 22.9 4.8%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section
Ownership
Institutional Holders Accumulating
Holders
190
% held
59.6%
Reported
45 of 181
Top holder
Indigo Partners LLC
Held Float
View
Held by Funds
Fund positions
153
View
Short & Settlement
Short Interest Rising
Shares short
24.8M
Days to cover
8.7d
Change
+1.3M sh
View
Short Volume
Short vol %
37%
As of
Nov 5, 2026
Short Total
View
Fails to Deliver
FTD shares
5.3K
Value
$33.0K
As of
Sep 28, 2026
View
Off-Exchange
Off-exchange %
34.3%
Week of
Sep 28, 2026
Off-exch Lit
View
Smart Money
Insider Trades Net selling
Net (90d)
-$19.9K
Buyers / Sellers
0 / 1
Buyers Sellers
View
Financials
Financials
Revenue (FY)
$3.7B
Net income (FY)
$-137.0M
EPS diluted
$-0.60
View
Filings
SEC Filings
Latest
8-K
Filed
Nov 2, 2026
This year
23

Frontier Group Holdings, Inc. appointed Michael Delehant Executive Vice President, Chief Operating Officer effective November 30, 2026, and announced other leadership changes, including James Fenner’s promotion and departures of Trevor Stedke and Alexandre Clerc effective November 13, 2026.

View
Proposed Sales
Value
$262.4K
Shares
37.9K
Filed
Nov 5, 2026
View
Earnings & Events
Webcasts
Last webcast
Oct 28, 2026
View
Investor Relations
Latest news
Frontier Airlines Announces Leade…
Published
Nov 2, 2026
View

Performance

5D 20D 120D MTD YTD
ULCC +9.9% +20.1% +49.9% +10.4% +51.2%
SPY -4.7% -5.3% -0.8% -3.0% +7.5%
vs SPY +14.6% +25.4% +50.7% +13.4% +43.7%
Key facts CIK 1670076 CUSIP 35909R108 13F (30d) 42 filings 42 filers Visit website Investor relations