Spirit Airlines Inc (0L8U.L)

Name: Spirit Airlines Inc Financial Statements
Creator: Quarter Results

Industrials | Airlines Airports Air Services

Latest reporting period: 2025-09-30

Latest Quarter

2025-09-30

Revenue

$959M

Net Income

-$317M

Operating Margin

-14.1%

Free Cash Flow

-$758M

Debt / Assets

100.8%

Values are in USD and rounded to the nearest whole number unless noted.

Swipe horizontally to view all columns.

Income statement quarterly history for Spirit Airlines Inc (0L8U.L).
Income Statement (Quarterly)	2025-09-30	2025-06-30	2025-03-31	2024-12-31
Revenue	958,524,000	1,019,833,000	115,470	1,045,235,000
Cost of Revenue	681,169,000	658,258,000	0	-741,769,000
Gross Profit	277,355,000	361,575,000	0	1,787,004,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	0	0	0	136,949,000
Operating Expenses	412,270,000	1,203,956,000	0	5,302,205,000
Operating Income	-134,915,000	-184,123,000	0	-449,090,000
Interest Expense	46,261,000	62,103,000	0	76,676,000
Income Before Tax	-315,856,000	-249,828,000	0	-604,973,000
Income Tax Expense	1,620,000	-3,997,000	0	-19,283,000
Net Income	-317,476,000	-245,831,000	0	-585,690,000
Per Share
EPS	-7.87	-2.24	0.00	-5.36
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Spirit Airlines Inc (0L8U.L).
Income Statement (Annual)	2024-12-31	2023-12-31	2022-12-31
Revenue	4,913,421,000	5,362,549,000	5,068,447,000
Cost of Revenue	2,899,738,000	4,771,680,000	5,023,011,000
Gross Profit	2,013,683,000	590,869,000	45,436,000
Operating Expenses
R&D Expenses	0	0	0
SG&A Expenses	0	190,891,000	177,557,000
Operating Expenses	6,018,799,000	1,086,626,000	177,557,000
Operating Income	-1,105,378,000	-495,757,000	-132,121,000
Interest Expense	219,094,000	135,831,000	139,905,000
Income Before Tax	-1,289,703,000	-558,595,000	-700,739,000
Income Tax Expense	-60,208,000	-111,131,000	-146,589,000
Net Income	-1,229,495,000	-447,464,000	-554,150,000
Per Share
EPS	-11.23	-4.10	-5.10
EPS Diluted	0.00	0.00	0.00

Balance sheet quarterly history for Spirit Airlines Inc (0L8U.L).
Balance Sheet (Quarterly)	2024-12-31	2023-12-31	2022-12-31
Assets
Cash and Cash Equivalents	902,057,000	865,211,000	1,465,742,000
Short Term Investments	118,334,000	112,501,000	107,115,000
Net Receivables	178,955,000	205,468,000	233,537,000
Inventory	0	0	0
Total Current Assets	2,109,122,000	1,512,127,000	1,993,983,000
Property Plant Equipment	5,367,929,000	7,560,873,000	6,936,625,000
Goodwill and Intangibles	0	0	0
Total Assets	9,595,178,000	9,417,237,000	10,253,812,000
Liabilities
Account Payables	32,385,000	42,098,000	75,449,000
Short Term Debt	694,328,000	576,560,000	535,183,999
Total Current Liabilities	1,769,365,000	1,671,592,000	1,596,581,000
Long Term Debt	1,761,215,000	6,353,848,000	3,200,017,000
Total Liabilities	9,675,312,000	8,282,895,000	8,682,161,000
Shareholders Equity
Retained Earnings	-1,172,740,000	56,755,000	504,219,000
Total Shareholders Equity	-80,134,000	1,134,342,000	1,571,651,000

Balance sheet annual history for Spirit Airlines Inc (0L8U.L).
Balance Sheet (Annual)	2024-12-31	2023-12-31	2022-12-31
Assets
Cash and Cash Equivalents	902,057,000	865,211,000	1,465,742,000
Short Term Investments	118,334,000	112,501,000	107,115,000
Net Receivables	178,955,000	205,468,000	233,537,000
Inventory	0	0	0
Total Current Assets	2,109,122,000	1,512,127,000	1,993,983,000
Property Plant Equipment	5,367,929,000	7,560,873,000	6,936,625,000
Goodwill and Intangibles	0	0	0
Total Assets	9,595,178,000	9,417,237,000	10,253,812,000
Liabilities
Account Payables	32,385,000	42,098,000	75,449,000
Short Term Debt	694,328,000	576,560,000	535,183,999
Total Current Liabilities	1,769,365,000	1,671,592,000	1,596,581,000
Long Term Debt	1,761,215,000	6,353,848,000	3,200,017,000
Total Liabilities	9,675,312,000	8,282,895,000	8,682,161,000
Shareholders Equity
Retained Earnings	-1,172,740,000	56,755,000	504,219,000
Total Shareholders Equity	-80,134,000	1,134,342,000	1,571,651,000

Cash flow quarterly history for Spirit Airlines Inc (0L8U.L).
Cash Flow Statement (Quarterly)	2024-12-31	2023-12-31	2022-12-31
Operating Activities
Net Income	-710,281,000	-447,464,000	-554,150,000
Depreciation & Amortization	13,100,000	320,872,000	313,090,000
Stock Based Compensation	7,210,000	11,963,000	11,483,000
Change in Working Capital	0	-74,279,000	-120,091,000
Operating Cash Flow	-758,087,000	-246,661,000	-107,188,000
Investing Activities
Capital Expenditure	0	-277,423,000	-246,082,000
Investments	0	-255,563,000	-246,082,000
Investing Cash Flow	0	-36,508,000	-247,274,000
Financing Activities
Debt Repayment	0	-203,272,000	-393,654,000
Common Stock Issued/Repurchased	0	-2,637,000	-2,359,000
Dividends Paid	0	0	0
Financing Cash Flow	0	-197,962,000	391,297,000
Summary
Free Cash Flow	-758,087,000	-524,084,000	-353,270,000
Net Change in Cash	0	-481,131,000	36,835,000

Cash flow annual history for Spirit Airlines Inc (0L8U.L).
Cash Flow Statement (Annual)	2024-12-31	2023-12-31	2022-12-31
Operating Activities
Net Income	-710,281,000	-447,464,000	-554,150,000
Depreciation & Amortization	13,100,000	320,872,000	313,090,000
Stock Based Compensation	7,210,000	11,963,000	11,483,000
Change in Working Capital	0	-74,279,000	-120,091,000
Operating Cash Flow	-758,087,000	-246,661,000	-107,188,000
Investing Activities
Capital Expenditure	0	-277,423,000	-246,082,000
Investments	0	-255,563,000	-246,082,000
Investing Cash Flow	0	-36,508,000	-247,274,000
Financing Activities
Debt Repayment	0	-203,272,000	-393,654,000
Common Stock Issued/Repurchased	0	-2,637,000	-2,359,000
Dividends Paid	0	0	0
Financing Cash Flow	0	-197,962,000	391,297,000
Summary
Free Cash Flow	-758,087,000	-524,084,000	-353,270,000
Net Change in Cash	0	-481,131,000	36,835,000