---
schema_version: "secwatch.filing_event.v1"
accession: "0001670076-23-000007"
form_type: "8-K"
ticker: "ULCC"
cik: "0001670076"
company_name: "Frontier Group Holdings, Inc."
filed_at: "2023-02-08T23:59:59+00:00"
generated_at: "2026-06-19T21:51:06.149627+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Frontier reports Q4 profit, record ancillary revenue; expects return to pre-pandemic profit per plane in H2 2023

## Summary
- Q4 operating revenue $906M (+38% vs 2019); net income $40M; full year net loss $37M on $3.326B revenue.
- Record ancillary revenue $82 per passenger, +41% vs 2019; RASM 10.45¢ (+21% vs 2019).
- Adjusted CASM ex-fuel 6.40¢, 7% lower than prior quarter and 2% lower than Q4 2021.
- Winter storm Elliott reduced pre-tax income by ~$16M (175 bps on margin).
- FY 2023 outlook: expects return to pre-pandemic profit per plane run-rate in H2 2023; capacity growth reduced ~5% due to Airbus delivery shifts.

## SEC filing metadata
- accession: 0001670076-23-000007
- form_type: 8-K
- ticker: ULCC
- cik: 0001670076
- company_name: Frontier Group Holdings, Inc.
- filed_at: 2023-02-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1670076/000167007623000007/0001670076-23-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1670076/000167007623000007/fron-20230208.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001670076-23-000007
- JSON: https://secwatch.observer/filing/0001670076-23-000007.json
- Plain text: https://secwatch.observer/filing/0001670076-23-000007.txt

## Key facts
- Earnings Releases
  Frontier Group Holdings, Inc. reported the fourth quarter of 2022 results: revenue $906 million, net income $40 million.
  - Period: the fourth quarter of 2022
  - Revenue: $906 million
  - Net income: $40 million
  - Result: reported results
  source text: revenue performance, including record ancillary revenue per passenger, and an improvement in unit costs. Fourth Quarter 2022 Highlights • Achieved total operating revenues of $906 million, 38 percent higher than the 2019 quarter on 15 percent higher capacity resulting in a 21 percent increase in revenue per available seat mile ("RASM") over the same period •
  evidence_url: https://www.sec.gov/Archives/edgar/data/1670076/000167007623000007/0001670076-23-000007-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.