Flyexclusive Inc. (FLYX) Financial Statements
Industry: Air Transportation, Nonscheduled
In fiscal 2025, Flyexclusive reported revenue of $375.9M, up 14.9% from $327.3M the year before. Net income was -$17.6M (a -4.7% net margin), or -$1.01 per diluted share. Gross margin was 15.0% and operating margin was -12.6%. Operating activities generated $6.7M of cash, leaving -$24.3M of free cash flow. At fiscal year end, Flyexclusive held $440.0M in total assets against $524.3M in total liabilities, including $29.3M of cash and equivalents.
Open the full interactive Flyexclusive financials → Quarterly statements, key ratios, valuation history and price charts.
Flyexclusive Key Stats
| Share Price | $1.25 |
|---|---|
| Market Cap | $67.3M |
| Revenue YoY Growth | +14.8% |
| 52-Week Range | $1.10 – $7.23 |
| Shares Outstanding | 53.9 million (basic, 2026 Q2) |
Flyexclusive Income Statement
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Revenue | $0 | $315.4M | $327.3M | $375.9M |
| Cost of Goods Sold | $0 | $366.6M | $410.1M | $423.1M |
| Gross Profit | $0 | $51.2M | $37.1M | $56.3M |
| Operating Income | -$4.1M | -$51.2M | -$82.8M | -$47.2M |
| Pre-Tax Income | $4.3M | -$54.7M | -$101.5M | -$67.1M |
| Income Tax | $600,701 | $0 | $41,000 | $37,000 |
| Net Income | $3.7M | -$46.8M | -$21.1M | -$17.6M |
| Diluted EPS | $0.13 | — | -$1.07 | -$1.01 |
Flyexclusive Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $92.1M | $104.3M | $96.3M | $111.1M |
| Net Income | -$4.3M | -$3.1M | -$6.5M | -$7.4M |
| Diluted EPS | -$0.25 | -$0.11 | -$0.17 | -$0.16 |
Flyexclusive Balance Sheet
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Cash & Equivalents | $87,853 | $11.6M | $31.7M | $29.3M |
| Current Assets | $279,520 | $116.8M | $144.0M | $74.4M |
| Total Assets | $228.5M | $521.0M | $538.3M | $440.0M |
| Current Liabilities | $4.4M | $221.5M | $294.8M | $269.9M |
| Total Long-Term Debt | — | $193.3M | $188.9M | $108.9M |
| Total Liabilities | $14.5M | $485.7M | $550.0M | $524.3M |
| Shareholders' Equity | -$13.2M | $46.5M | -$234.6M | -$326.8M |
Flyexclusive Cash Flow Statement
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Cash From Operations | -$1.4M | $8.7M | -$10.9M | $6.7M |
| Cash From Investing | $0 | -$62.0M | -$7.9M | $108.9M |
| Cash From Financing | $1.1M | $41.8M | $38.9M | -$118.0M |
| Free Cash Flow | — | -$75.0M | -$67.6M | -$24.3M |
Figures from Flyexclusive's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Flyexclusive financials page for every line item.
Flyexclusive Company Profile
| Ticker | FLYX |
|---|---|
| Exchange | NYSE |
| Industry | Air Transportation, Nonscheduled |
| Headquarters | Kinston, North Carolina |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Emerging growth company |
| SEC CIK | 0001843973 |
Frequently Asked Questions
What was Flyexclusive's revenue in fiscal 2025?
Flyexclusive (FLYX) reported revenue of $375.9M for fiscal 2025.
What is Flyexclusive's annual revenue history?
Flyexclusive's annual revenue by fiscal year: 2022: $0; 2023: $315.4M; 2024: $327.3M; 2025: $375.9M.
What was Flyexclusive's net income in fiscal 2025?
Flyexclusive reported net income of -$17.6M for fiscal 2025.
What was Flyexclusive's earnings per share (EPS) in fiscal 2025?
Flyexclusive's diluted EPS was -$1.01 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Flyexclusive generate in fiscal 2025?
Flyexclusive generated -$24.3M of free cash flow in fiscal 2025.
What was Flyexclusive's revenue last quarter?
In its most recent reported quarter (2026 Q2), Flyexclusive reported revenue of $111.1M.
How much debt does Flyexclusive have?
Flyexclusive reported $108.9M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Flyexclusive are outstanding?
Flyexclusive reported a weighted average of 53.9 million basic shares outstanding in 2026 Q2.
What is Flyexclusive's market cap?
Based on its latest closing price, Flyexclusive (FLYX) has a market capitalization of about $67.3M.
When does Flyexclusive's fiscal year end?
Flyexclusive's fiscal year end, as registered with the SEC, is December 31.
Where is Flyexclusive headquartered?
Flyexclusive lists its business address in Kinston, North Carolina in its SEC filings.