Spirit Airlines, Inc. (SAVE) Financials

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$6B$6B$4B$4B$2B$2B$0$0-$2B-$2BEarning2018201820192019202020202021202120222022202320232024202410%10%0%0%-10%-10%-20%-20%-30%-30%Profit Margin
Profit Margin
Revenue
Earnings

SAVE Income statement / Annual

Last year (2024), Spirit Airlines, Inc.'s total revenue was $4.91 B, a decrease of 8.38% from the previous year. In 2024, Spirit Airlines, Inc.'s net income was -$1.23 B. See Spirit Airlines, Inc.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2024 FY-2023 FY-2022 FY-2021 FY-2020 FY-2019 FY-2018 FY-2017 FY-2016 FY-2015
Period Ended 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Operating Revenue $4.91 B $5.36 B $5.07 B $3.23 B $1.81 B $3.83 B $3.32 B $2.65 B $2.32 B $2.14 B
Cost of Revenue $2.90 B $4.77 B $4.31 B $3.00 B $2.18 B $2.82 B $2.36 B $1.78 B $1.47 B $1.34 B
Gross Profit $2.01 B $590.87 M $756.65 M $232.06 M -$368.01 M $1.01 B $965.95 M $867.03 M $848.86 M $804.84 M
Gross Profit Ratio 0.41 0.11 0.15 0.07 -0.2 0.26 0.29 0.33 0.37 0.38
Research and Development Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
General & Administrative Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Selling & Marketing Expenses $0.00 $190.89 M $177.56 M $132.50 M $85.06 M $153.77 M $137.00 M $113.62 M $96.63 M $86.58 M
Selling, General & Administrative Expenses $0.00 $190.89 M $177.56 M $132.50 M $85.06 M $153.77 M $137.00 M $113.62 M $96.63 M $86.58 M
Other Expenses $6.02 B $895.74 M -$4.82 M -$577.00 K -$211.00 K -$875.00 K -$752.00 K -$366.00 K -$528.00 K -$15.00 K
Operating Expenses $6.02 B $1.09 B $888.77 M $663.33 M $440.25 M $645.20 M $516.54 M $461.29 M $364.09 M $294.15 M
Cost And Expenses $8.92 B $5.86 B $5.20 B $3.66 B $2.62 B $3.31 B $2.87 B $2.24 B $1.84 B $1.63 B
Interest Income -$48.32 M $0.00 $20.15 M $5.37 M $6.31 M $25.13 M $19.11 M $8.74 M $5.28 M $2.13 M
Interest Expense $219.09 M $135.83 M $100.79 M $121.09 M $118.53 M $88.88 M $73.94 M $43.51 M $28.95 M $8.83 M
Depreciation & Amortization $325.27 M $320.87 M $313.09 M $297.21 M $278.59 M $225.26 M $176.73 M $140.15 M $101.14 M $73.91 M
EBITDA -$745.34 M -$101.89 M -$270.56 M -$86.50 M -$223.07 M $750.57 M $455.64 M $533.35 M $549.55 M $585.14 M
EBITDA Ratio -0.15 -0.02 -0.05 -0.03 -0.12 0.2 0.14 0.2 0.24 0.27
Operating Income Ratio -0.22 -0.09 -0.12 -0.02 -0.28 0.13 0.11 0.15 0.19 0.24
Total Other Income/Expenses Net -$184.33 M -$62.84 M -$101.82 M -$463.45 M -$112.42 M -$64.62 M -$145.94 M -$35.14 M -$22.00 M -$6.72 M
Income Before Tax -$1.29 B -$558.60 M -$700.74 M -$520.32 M -$620.18 M $436.43 M $204.98 M $353.65 M $419.46 M $502.40 M
Income Before Tax Ratio -0.26 -0.1 -0.14 -0.16 -0.34 0.11 0.06 0.13 0.18 0.23
Income Tax Expense -$60.21 M -$111.13 M -$146.59 M -$47.75 M -$191.48 M $101.17 M $49.23 M -$66.95 M $154.58 M $185.18 M
Net Income -$1.23 B -$447.46 M -$554.15 M -$472.57 M -$428.70 M $335.26 M $155.75 M $415.52 M $263.48 M $317.22 M
Net Income Ratio -0.25 -0.08 -0.11 -0.15 -0.24 0.09 0.05 0.16 0.11 0.15
EPS -11.226 -4.1 -5.1 -4.5 -5.06 4.9 2.28 6.08 3.77 4.39
EPS Diluted -11.226 -4.1 -5.1 -4.5 -5.06 4.89 2.28 6.06 3.76 4.38
Weighted Average Shares Out $109.52 M $109.15 M $108.75 M $105.00 M $84.69 M $68.43 M $68.25 M $69.22 M $70.34 M $72.21 M
Weighted Average Shares Out Diluted $109.52 M $109.15 M $108.75 M $105.00 M $84.69 M $68.56 M $68.43 M $69.38 M $70.51 M $72.43 M
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