ULCC (ULCC) revenue breakdown
By product, Fare is the largest at 40% of fiscal 2025 revenue; Service fees grew fastest, 12% a year over 6 years.
Revenue by product
Fiscal years, as ULCC reports them in its 10-K filings; fiscal 2025 total $3.7B.
| Products | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|
| Fare | $1.2B | $548M | $806M | $1.4B | $1.3B | $1.4B | $1.5B | 40% |
| Service fees | $488M | $303M | $521M | $817M | $943M | $1.0B | $947M | 25% |
| Baggage | $496M | $229M | $457M | $741M | $880M | $862M | $746M | 20% |
| Seat selection | $187M | $84M | $170M | $251M | $281M | $264M | $297M | 8% |
| Other | $69M | $43M | $46M | $57M | $128M | $117M | $127M | 3% |
| Other | $63M | $43M | $60M | $78M | $80M | $92M | $126M | 3% |
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Where does ULCC make its money?
In fiscal 2025, by product: Fare $1.5B, Service fees $947M, Baggage $746M, Seat selection $297M, Other $127M.
From ULCC's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.