---
schema_version: "secwatch.filing_event.v1"
accession: "0001670076-24-000004"
form_type: "8-K"
ticker: "ULCC"
cik: "0001670076"
company_name: "Frontier Group Holdings, Inc."
filed_at: "2024-02-06T23:59:59+00:00"
generated_at: "2026-06-06T08:12:42.571260+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Frontier Q4 revenue $891M, pre-tax margin 0.7%; net loss $37M on tax allowance

## Summary
- Total operating revenue $891M, down 2% YoY; capacity up 15%.
- Pre-tax income $6M (0.7% margin); adjusted pre-tax income $7M (0.8% margin).
- Net loss $37M includes $37M non-cash deferred tax valuation allowance; adjusted net income $1M.
- CASM 8.93 cents (-10% YoY); adjusted CASM ex-fuel 5.90 cents (-8% YoY).
- Ended Q4 with $609M cash; 136 aircraft fleet; 79% A320neo family.

## SEC filing metadata
- accession: 0001670076-24-000004
- form_type: 8-K
- ticker: ULCC
- cik: 0001670076
- company_name: Frontier Group Holdings, Inc.
- filed_at: 2024-02-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1670076/000167007624000004/0001670076-24-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1670076/000167007624000004/fron-20240206.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001670076-24-000004
- JSON: https://secwatch.observer/filing/0001670076-24-000004.json
- Plain text: https://secwatch.observer/filing/0001670076-24-000004.txt

## Key facts
- Earnings Releases
  Frontier Group Holdings, Inc. reported full year 2023 results: revenue $ 3,589, net income $ (11), EPS $ (0.05). Guidance initiated.
  - Period: full year 2023
  - Revenue: $ 3,589
  - Net income: $ (11)
  - EPS: $ (0.05)
  - Guidance: initiated
  - Result: reported results
  source text: Year Ended December 31, 2023 2022 As Reported (GAAP) Adjusted (Non-GAAP) As Reported (GAAP) Adjusted (Non-GAAP) Total operating revenues $ 3,589 $ 3,589 $ 3,326 $ 3,326 Total operating expenses $ 3,592 $ 3,590 $ 3,371 $ 3,352 Pre-tax income (loss) $ 32 $ 34 $ (45) $ (19) Pre-tax income (loss) margin 0.9% 0.9% (1.4)% (0.6)% Net income (loss) $ (11) $ 28 $ (37) $ (17) Diluted earnings (loss) per share $ (0.05) $ 0.12 $ (0.17) $ (0.08)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1670076/000167007624000004/0001670076-24-000004-index.htm
- Earnings Releases
  Frontier Group Holdings, Inc. reported fourth quarter 2023 results: revenue $891 million, net income $ (37), EPS $ (0.17). Guidance initiated.
  - Period: fourth quarter 2023
  - Revenue: $891 million
  - Net income: $ (37)
  - EPS: $ (0.17)
  - Guidance: initiated
  - Result: reported results
  source text: and full year 2024. Fourth Quarter 2023 Key Highlights: • Pre-tax margin was 0.7 percent and adjusted (non-GAAP) pre-tax margin was 0.8 percent • Total operating revenues were $891 million, 2 percent lower than the comparable 2022 quarter • Cost per available seat mile ( “ CASM ” ) was 8.93 cents, 10 percent lower than the comparable 2022 quarter, and adjusted
  evidence_url: https://www.sec.gov/Archives/edgar/data/1670076/000167007624000004/0001670076-24-000004-index.htm

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