FLYEXCLUSIVE INC.FLYXEarnings & Financial Report
FLYEXCLUSIVE INC. is a U.S.-headquartered private aviation services provider that offers private jet charter, aircraft management, maintenance repair, and fractional ownership programs. It primarily serves high-net-worth individuals, corporate clients, and government entities across North America, delivering personalized on-demand air travel solutions prioritizing safety and convenience.
Revenue
$88.1M
Gross Profit
$11.3M
Operating Profit
$-14.7M
Net Profit
$-5.4M
Gross Margin
12.8%
Operating Margin
-16.7%
Net Margin
-6.2%
YoY Growth
10.2%
EPS
$-0.30
FLYEXCLUSIVE INC. Q1 FY2025 Financial Summary
FLYEXCLUSIVE INC. reported revenue of $88.1M (up 10.2% YoY) for Q1 FY2025, with a net profit of $-5.4M (up 6.7% YoY) (-6.2% margin). Cost of goods sold was $76.8M, operating expenses totaled $26.0M.
Key Financial Metrics
| Total Revenue | $88.1M |
|---|---|
| Net Profit | $-5.4M |
| Gross Margin | 12.8% |
| Operating Margin | -16.7% |
| Report Period | Q1 FY2025 |
FLYEXCLUSIVE INC. Annual Revenue by Year
FLYEXCLUSIVE INC. annual revenue history includes year-by-year totals (for example, 2023 revenue was $315.4M).
| Year | Annual Revenue |
|---|---|
| 2023 | $315.4M |
FLYEXCLUSIVE INC. Quarterly Revenue & Net Profit History
FLYEXCLUSIVE INC. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 FY2025 | $92.1M | +19.8% | $-4.3M | -4.6% |
| Q2 FY2025 | $91.3M | +15.6% | $-4.8M | -5.2% |
| Q1 FY2025 | $88.1M | +10.2% | $-5.4M | -6.2% |
| Q3 FY2024 | $76.9M | +24.0% | $-6.3M | -8.2% |
| Q2 FY2024 | $79.0M | -21.3% | $-5.2M | -6.5% |
| Q1 FY2024 | $80.0M | +3.8% | $-5.8M | -7.3% |
| Q4 FY2023 | $76.0M | — | $-23.4M | -30.9% |
| Q3 FY2023 | $62.0M | — | $-22.1M | -35.6% |
Income Statement
| Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $62.0M | $76.0M | $80.0M | $79.0M | $76.9M | $88.1M | $91.3M | $92.1M |
| YoY Growth | N/A | N/A | 3.8% | -21.3% | 24.0% | 10.2% | 15.6% | 19.8% |
Balance Sheet
| Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $45.7M | $521.0M | $524.1M | $494.7M | $487.1M | $466.8M | $443.4M | $448.1M |
| Liabilities | $18.6M | $485.7M | $502.6M | $501.5M | $496.2M | $495.7M | $496.0M | $526.8M |
| Equity | $-17.4M | $46.5M | $-149.5M | $-149.7M | $-192.0M | $-281.5M | $-261.4M | $-434.2M |
Cash Flow
| Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $10.9M | $5.0M | $-26.0M | $-16.2M | $-12.3M | $-10.5M | $363000 | $-209000 |