Frontier Group Quarterly Balance Sheet
NASDAQ: ULCCConsumer DiscretionaryAir Freight/Delivery ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Frontier Group financial position
As of Mar 31, 2026, Frontier Group reported total assets of $7.02 billion, up 8.3% from a year earlier against total liabilities of $6.79 billion. Shareholders' equity stood at $222.0 million, or 3.2% of assets. The company held $772.0 million in cash and equivalents against $583.0 million of debt, a net cash position of $189.0 million.
The current ratio (current assets divided by current liabilities) was 0.49, meaning short-term obligations exceed short-term assets. Debt-to-equity was 2.63.
Summary generated from market data by MetaCap's automated system. Methodology
Frontier Group balance sheet (quarterly)
| Quarter (USD) | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 | Q2 20232023-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 772.00M | 671.00M | 566.00M | 563.00M | 686.00M | 740.00M | 576.00M | 658.00M | 622.00M | 609.00M | 640.00M | 780.00M |
| Receivables | 118.00M | 85.00M | 93.00M | 98.00M | 89.00M | 73.00M | 147.00M | 95.00M | 98.00M | 93.00M | 109.00M | 91.00M |
| Total Current Assets | 1.10B | 958.00M | 847.00M | 832.00M | 953.00M | 990.00M | 910.00M | 947.00M | 903.00M | 871.00M | 936.00M | 1.01B |
| Property, Plant & Equipment | 485.00M | 510.00M | 492.00M | 458.00M | 396.00M | 376.00M | 367.00M | 350.00M | 330.00M | 309.00M | 282.00M | 260.00M |
| Intangible Assets | 27.00M | 27.00M | 27.00M | 27.00M | 27.00M | 27.00M | 27.00M | 27.00M | 27.00M | 28.00M | 28.00M | 28.00M |
| Total Assets | 7.02B | 7.22B | 6.70B | 6.52B | 6.48B | 6.15B | 5.83B | 5.69B | 5.21B | 4.99B | 4.93B | 4.71B |
| Accounts Payable | 115.00M | 130.00M | 159.00M | 169.00M | 120.00M | 115.00M | 128.00M | 137.00M | 131.00M | 134.00M | 109.00M | 91.00M |
| Short-Term Debt | 240.00M | 301.00M | 363.00M | 326.00M | 263.00M | 261.00M | 190.00M | 263.00M | 265.00M | 251.00M | 266.00M | 237.00M |
| Total Current Liabilities | 2.24B | 2.10B | 2.11B | 2.04B | 1.94B | 1.85B | 1.72B | 1.82B | 1.80B | 1.66B | 1.69B | 1.65B |
| Long-Term Debt | 343.00M | 313.00M | 305.00M | 234.00M | 244.00M | 241.00M | 279.00M | 189.00M | 201.00M | 219.00M | 220.00M | 193.00M |
| Total Liabilities | 6.79B | 6.73B | 6.27B | 6.02B | 5.91B | 5.55B | 5.28B | 5.17B | 4.72B | 4.49B | 4.39B | 4.14B |
| Shareholders' Equity | 222.00M | 491.00M | 434.00M | 506.00M | 570.00M | 604.00M | 549.00M | 520.00M | 484.00M | 507.00M | 541.00M | 566.00M |
| Retained Earnings | -213.00M | 59.00M | 6.00M | 83.00M | 153.00M | 196.00M | 142.00M | 116.00M | 85.00M | 111.00M | 148.00M | 180.00M |
| Total Debt | 583.00M | 614.00M | 668.00M | 560.00M | 507.00M | 502.00M | 469.00M | 452.00M | 466.00M | 470.00M | 486.00M | 430.00M |
| Net Cash (Debt) | 189.00M | 57.00M | -102.00M | 3.00M | 179.00M | 238.00M | 107.00M | 206.00M | 156.00M | 139.00M | 154.00M | 350.00M |
| Shares Outstanding | 229.73M | 229.01M | 228.23M | 228.13M | 227.74M | 225.44M | 224.52M | 224.47M | 223.89M | 223.00M | 221.05M | 220.68M |
This table shows 12 quarterly periods of Frontier Group's balance sheet, from Q1 2026 back to Q2 2023, across 16 line items including cash & equivalents, receivables, total current assets. Values in USD; B = billions, M = millions. Fiscal periods follow ULCC's reporting calendar. What is a balance sheet?