Spirit Airlines
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Spirit Airlines's past years’ income statements indicate that its last revenue has increased compared to the previous period by 6% to $5,362,549,000. The net income raised on -$447,464,000 and profit margin reached -8%. Total operating expenses were $1,327,730,000.
Profit Margin
| 2014 | 1.93B | 225.46M | 11.67% |
|---|---|---|---|
| 2015 | 2.14B | 317.22M | 14.81% |
| 2016 | 2.32B | 264.87M | 11.41% |
| 2017 | 2.64B | 415.52M | 15.69% |
| 2018 | 3.32B | 155.74M | 4.69% |
| 2019 | 3.83B | 335.25M | 8.75% |
| 2020 | 1.81B | -428.7M | -23.68% |
| 2021 | 3.23B | -472.56M | -14.63% |
| 2022 | 5.06B | -554.15M | -10.93% |
| 2023 | 5.36B | -447.46M | -8.34% |
SAVE Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 5.36B | 5.06B | 3.23B | 1.81B | 3.83B | 3.32B | 2.64B | 2.32B | 2.14B | 1.93B |
Cost of revenue | 4.77B | 4.31B | 2.99B | 2.17B | 2.81B | 2.35B | 1.78B | 1.47B | 1.33B | 1.34B |
Gross profit | 590.86M | 756.64M | 232.05M | -368.01M | 1.01B | 965.95M | 867.02M | 848.85M | 804.84M | 582.81M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 190.89M | 177.55M | 132.49M | 85.05M | 153.77M | 137.00M | 113.62M | 96.62M | 86.57M | 74.82M |
Total operating expenses | 1.32B | 888.76M | 663.32M | 440.24M | 645.20M | 516.53M | 461.29M | 364.08M | 294.14M | 225.07M |
Operating income | -495.75M | -598.91M | -56.87M | -507.76M | 501.04M | 350.91M | 384.82M | 441.45M | 509.12M | 355.26M |
Other income (expenses), net | -62.83M | -471.61M | 42.18M | -112.42M | -18.94M | -189.61M | -35.13M | -41.90M | -6.71M | -2.26M |
Income before tax | -558.59M | -700.73M | -520.32M | -620.18M | 436.42M | 204.97M | 353.65M | 419.46M | 502.40M | 352.99M |
Income tax expense | -111.13M | -146.58M | -47.75M | -191.48M | 101.17M | 49.22M | -66.95M | 154.58M | 185.18M | 127.53M |
Net income | -447.46M | -554.15M | -472.56M | -428.7M | 335.25M | 155.74M | 415.52M | 264.87M | 317.22M | 225.46M |
Earnings per share | ||||||||||
Basic EPS | -4.1 | -5.1 | -4.5 | -5.06 | 4.9 | 2.28 | 6.08 | 3.77 | 4.39 | 3.1 |
Diluted EPS | -4.1 | -5.1 | -4.5 | -5.06 | 4.89 | 2.28 | 6.06 | 3.76 | 4.38 | 3.08 |
| Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source |