Frontier shares outstanding ULCC
Diluted shares outstanding, averaged over each quarter, from 2020.
- Latest quarter, to Jun 30, 2026
- 230M
- On a year earlier
- +0.9%
- more shares
Frontier had 230M diluted shares outstanding on average in Q2 FY26, the quarter to Jun 30, 2026.
That is 0.9% more than a year earlier, so each share owns a little less of the company.
Shares outstanding over time
Fiscal year by fiscal year
| Fiscal year | Shares, fourth quarter | Change |
|---|---|---|
| FY2025 | 228.5M | +0% |
| FY2024 | 227.6M | +3% |
| FY2023 | 221.9M | +2% |
| FY2022 | 217.8M | +1% |
| FY2021 | 216.2M | +8% |
| FY2020 | 199.3M | n/a |
Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.
Quarter by quarter
| Quarter | Ended | Shares outstanding | On a year earlier |
|---|---|---|---|
| Q2 FY26 | 230M | +1% | |
| Q1 FY26 | 229.4M | +1% | |
| Q4 FY25 | 228.5M | +0% | |
| Q3 FY25 | 228.2M | +1% | |
| Q2 FY25 | 227.9M | +1% | |
| Q1 FY25 | 227M | +2% | |
| Q4 FY24 | 227.6M | +3% | |
| Q3 FY24 | 225.7M | +2% | |
| Q2 FY24 | 226.6M | +3% | |
| Q1 FY24 | 223.4M | +2% | |
| Q4 FY23 | 221.9M | +2% | |
| Q3 FY23 | 220.8M | +0% |
What the shares outstanding tells you
Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.
A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.
More on Frontier
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.