Company research
Spirit Aviation Holdings, Inc.
CIK 1498710Updated Sep 25, 2026
SecurityFLYYQ · OTC · equity
Name history
Spirit Airlines, Inc. · through Mar 13, 2025
FLYYQ price & chart
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FLYYQ Stockholders with Large Losses Should Contact Robbins LLP for Information About Leading the Spirit Aviation Holdings, Inc. Class Action Lawsuit News provided by Robbins LLP Oct 06, 2025, 19:03 ET Share this article Share to X Share this article Share to X SAN DIEGO , Oct. 6, 2025 /PRNewswire/ ↗
Recent filings
Financials
FY 2025 · USDSource
Source
balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 8,719,994,000Source | 9,595,178,000Source | 9,417,237,000Source | 9,184,774,000Source |
| Property, Plant and Equipment, NetUSD | 2,330,564,000Source | 2,492,784,000Source | 3,519,128,000Source | 3,749,498,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 388,607,000Source | 902,057,000Source | 865,211,000Source | 1,346,350,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 201,681,000Source | — | — | — |
| Assets, CurrentUSD | 1,590,787,000Source | 2,109,122,000Source | 1,512,127,000Source | 1,993,983,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 257,294,000Source | 278,366,000Source | 209,547,000Source | 187,589,000Source |
| Operating Lease, Right-of-Use AssetUSD | 4,436,918,000Source | 4,583,734,000Source | 3,561,028,000Source | 2,699,574,000Source |
| Other Assets, NoncurrentUSD | 67,043,000Source | 54,951,000Source | 30,732,000Source | 63,817,000Source |
| LIABILITIES AND EQUITY | ||||
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 2,000Source | 11,000Source | 11,000Source | 11,000Source |
| Retained Earnings (Accumulated Deficit)USD | — | -1,172,740,000Source | 56,755,000Source | 504,219,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | — | 188,000Source | -67,000Source | -596,000Source |
| Stockholders' Equity Attributable to ParentUSD | 734,370,000Source | -80,134,000Source | 1,134,342,000Source | 1,571,651,000Source |
| Additional Paid in Capital, Common StockUSD | 734,368,000Source | 1,173,692,000Source | 1,158,278,000Source | 1,146,015,000Source |
| Liabilities and EquityUSD | 8,719,994,000Source | 9,595,178,000Source | 9,417,237,000Source | 9,184,774,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 1,555,512,000Source | 1,769,365,000Source | 1,671,592,000Source | 1,596,581,000Source |
| Operating Lease, Liability, CurrentUSD | 242,230,000Source | 257,796,000Source | 224,865,000Source | 188,296,000Source |
| Accounts Payable, CurrentUSD | 46,676,000Source | 32,385,000Source | 42,098,000Source | 75,449,000Source |
| Operating Lease, Liability, NoncurrentUSD | 4,208,781,000Source | 4,335,106,000Source | 3,298,871,000Source | 2,455,619,000Source |
| Deferred Income Tax Liabilities, NetUSD | 69,408,000Source | 51,927,000Source | 107,761,000Source | 226,843,000Source |
| Additional Financial Items | ||||
| Deferred Tax Liabilities, NetUSD | — | 51,927,000Source | 107,761,000Source | 226,843,000Source |
| Long-term Debt, Excluding Current Maturities | — | — | — | — |
| Long-term Debt, Current MaturitiesUSD | — | 436,300,000Source | 315,300,000Source | 346,400,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | — | 1,761,000,000Source | 3,054,800,000Source | 3,200,200,000Source |
| Short-term InvestmentsUSD | 119,315,000Source | — | — | — |
cash flow · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 325,273,000Source | 320,872,000Source | 313,090,000Source | 297,211,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 7,210,000Source | 11,963,000Source | 11,483,000Source | 12,536,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts PayableUSD | -40,124,000Source | -34,051,000Source | 9,032,000Source | 13,057,000Source |
| Deferred Income Tax Expense (Benefit)USD | -58,215,000Source | -119,239,000Source | -148,611,000Source | -49,502,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -758,087,000Source | -246,661,000Source | -89,022,000Source | 208,888,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 463,601,000Source | -36,508,000Source | -265,440,000Source | -352,445,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 650,000Source | 2,637,000Source | 2,359,000Source | 1,515,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 380,322,000Source | -197,962,000Source | 391,297,000Source | -288,660,000Source |
| Repayments of Long-term DebtUSD | 185,400,000Source | 337,500,000Source | 193,000,000Source | 470,000,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 85,836,000Source | -481,131,000Source | 36,835,000Source | -432,217,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 1,070,447,000Source | 984,611,000Source | 1,465,742,000Source | 1,428,907,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 176,187,000Source | 138,380,000Source | 107,443,000Source | 135,500,000Source |
| Income Taxes Paid, NetUSD | 3,548,000Source | -32,854,000Source | -82,000Source | -112,461,000Source |
| Additional Financial Items | ||||
| Accretion ExpenseUSD | 3,821,000Source | 4,210,000Source | 1,421,000Source | 1,272,000Source |
| Share-based Payment Arrangement, ExpenseUSD | 7,200,000Source | 12,000,000Source | 11,500,000Source | 12,500,000Source |
| Amortization of Debt Issuance Costs and DiscountsUSD | 13,100,000Source | 15,453,000Source | 14,204,000Source | 13,282,000Source |
| Capitalized Computer Software, AmortizationUSD | 33,879,000Source | 22,998,000Source | 17,265,000Source | 12,203,000Source |
| Debt Securities, Available-for-sale, Realized Gain (Loss)USD | — | — | 0Source | 0Source |
| DepreciationUSD | 177,872,000Source | 218,106,000Source | 199,118,000Source | 193,079,000Source |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber PropertyUSD | -273,871,000Source | -33,966,000Source | -46,624,000Source | -3,320,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | 14,937,000Source | 15,411,000Source | 0Source | -331,630,000Source |
| Income Tax Expense (Benefit)USD | -60,208,000Source | -111,131,000Source | -146,589,000Source | -47,751,000Source |
| InterestExpenseNonoperatingUSD | 219,094,000Source | — | — | — |
| Investment Income, InterestUSD | 48,324,000Source | 61,647,000Source | 20,083,000Source | 5,374,000Source |
| Net Income (Loss) Attributable to ParentUSD | 1,229,495Source | -447,464,000Source | -554,150,000Source | -472,569,000Source |
| Nonoperating Income (Expense)USD | -184,325,000Source | -62,838,000Source | -101,822,000Source | -463,446,000Source |
| Operating Costs and ExpensesUSD | 6,018,799,000Source | 5,858,306,000Source | 5,667,364,000Source | 3,287,649,000Source |
| Operating Lease, ExpenseUSD | 855,500,000Source | 673,200,000Source | 537,900,000Source | 449,400,000Source |
| Other Nonoperating Income (Expense)USD | 65,694,000Source | -4,065,000Source | -4,818,000Source | -577,000Source |
| Proceeds from Issuance of Long-term DebtUSD | 423,500,000Source | 457,950,000Source | 591,000,000Source | 614,496,000Source |
| Proceeds from Stock Options ExercisedUSD | — | — | 0Source | 0Source |
income statement · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Total RevenueUSD | 4,913,421,000Source | 5,362,549,000Source | 5,068,447,000Source | 3,230,775,000Source |
| Operating Income (Loss)USD | -1,105,378,000Source | -495,757,000Source | -598,917,000Source | -56,874,000Source |
| Other Nonoperating Income (Expense)USD | 65,694,000Source | -4,065,000Source | -4,818,000Source | -577,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -1,289,703,000Source | -558,595,000Source | -700,739,000Source | -520,320,000Source |
| Income Tax Expense (Benefit)USD | -60,208,000Source | -111,131,000Source | -146,589,000Source | -47,751,000Source |
| Net Income (Loss) Attributable to ParentUSD | 1,229,495Source | -447,464,000Source | -554,150,000Source | -472,569,000Source |
| Earnings Per Share, BasicUSD per share | -11.23Source | -4.1Source | -5.1Source | -4.5Source |
| Earnings Per Share, DilutedUSD per share | -11.23Source | -4.1Source | -5.1Source | -4.5Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 109,495,000Source | 109,152,000Source | 108,751,000Source | 105,000,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 109,495,000Source | 109,152,000Source | 108,751,000Source | 105,000,000Source |
| Interest Expense (non-operating)USD | 219,094,000Source | — | — | — |
| Additional Financial Items | ||||
| Capitalized Computer Software, AmortizationUSD | 33,879,000Source | 22,998,000Source | 17,265,000Source | 12,203,000Source |
| Current Income Tax Expense (Benefit)USD | -1,993,000Source | 8,108,000Source | 2,022,000Source | 1,751,000Source |
| Fuel CostsUSD | 1,479,203,000Source | 1,821,165,000Source | 1,929,969,000Source | 913,945,000Source |
| Interest Expense, DebtUSD | 219,094,000Source | 169,191,000Source | 139,905,000Source | 155,611,000Source |
| Investment Income, InterestUSD | 48,324,000Source | 61,647,000Source | 20,083,000Source | 5,374,000Source |
| Labor and Related ExpenseUSD | 1,689,083,000Source | 1,616,803,000Source | 1,251,225,000Source | 1,065,461,000Source |
| Marketing and Advertising ExpenseUSD | 26,800,000Source | 9,000,000Source | 9,200,000Source | 7,100,000Source |
| Nonoperating Income (Expense)USD | -184,325,000Source | -62,838,000Source | -101,822,000Source | -463,446,000Source |
| Operating Costs and ExpensesUSD | 6,018,799,000Source | 5,858,306,000Source | 5,667,364,000Source | 3,287,649,000Source |
| Operating Lease, ExpenseUSD | 855,500,000Source | 673,200,000Source | 537,900,000Source | 449,400,000Source |
| Other Cost and Expense, OperatingUSD | 807,488,000Source | 792,232,000Source | 711,211,000Source | 530,826,000Source |
| Selling and Marketing ExpenseUSD | 197,197,000Source | 190,891,000Source | 177,557,000Source | 132,499,000Source |