Frontier Airlines Delivers Record Third Quarter 2026 Revenue of $1.4 billion, up 53 percent Year-over-Year, and Adjusted EPS Significantly Above Guidance Overcoming High Fuel Prices
Frontier Group posted record Q3 2026 revenue of $1.355 billion, up 53% year-over-year, with RASM up 30% to 11.87 cents on 18% more capacity. Adjusted EPS of $0.18 significantly exceeded guidance and Wall Street estimates despite fuel averaging $3.96 per gallon, up 56% YoY and $0.26 above the assumption embedded in guidance. GAAP results still showed a $104 million net loss driven by $134 million of charges from an aircraft lease early-return agreement and a $73 million TSA fee reserve.
Key figures
- Eps
- 0.18
- Revenue
- 1355000000
- Guidance
- Q4 2026 adjusted diluted EPS of $(0.15) to $0.05; RASM expected up over 20% YoY; capacity up 5-6%; Q4 fuel assumed at $4.75/gallon
- Revenue Yoy
- 53%
- Fuel yoy
- 56%
- Rasm yoy
- 30%
- Rasm cents
- 11.87
- Load factor
- 79%
- T9m revenue
- 3626000000
- Asm growth yoy
- 18%
- Adjusted ebitda
- 62000000
- Total liquidity
- 1180000000
- Fuel cost per gallon
- 3.96
- Casm ex fuel stage adjusted cents
- 7.4
AI analysis
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