vs
FLYEXCLUSIVE INC.（FLYX）与Wheels Up Experience Inc.（UP）财务数据对比。点击上方公司名可切换其他公司
Wheels Up Experience Inc.的季度营收约是FLYEXCLUSIVE INC.的2.0倍（$183.8M vs $92.1M）。FLYEXCLUSIVE INC.净利率更高（-4.6% vs -15.7%，领先11.1%）。FLYEXCLUSIVE INC.同比增速更快（19.8% vs -10.2%）。FLYEXCLUSIVE INC.自由现金流更多（$-11.0M vs $-58.3M）。过去两年FLYEXCLUSIVE INC.的营收复合增速更高（21.9% vs -3.4%）
FLYEXCLUSIVE INC.是一家总部位于美国的私人航空服务提供商，主营私人包机、飞机托管、维修保养及部分所有权项目，主要服务北美的高净值人群、企业及政府客户，主打定制化按需出行服务，注重安全与出行体验。
Wheels Up是美国领先的按需私人航空服务提供商，也是全球规模最大的私人航空企业之一。公司由肯尼·迪希特创立于2013年，采用会员制按需服务的商业模式，会员可通过移动应用程序，从公司自有机队及第三方运营商处预订私人飞机出行。
FLYX vs UP — 直观对比
营收规模更大
UP
是对方的2.0倍
$92.1M
营收增速更快
FLYX
高出30.0%
-10.2%
净利率更高
FLYX
高出11.1%
-15.7%
自由现金流更多
FLYX
多$47.2M
$-58.3M
两年增速更快
FLYX
近两年复合增速
-3.4%
损益表 — Q3 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $92.1M | $183.8M |
| 净利润 | $-4.3M | $-28.9M |
| 毛利率 | 13.7% | 14.3% |
| 营业利润率 | -12.3% | -0.9% |
| 净利率 | -4.6% | -15.7% |
| 营收同比 | 19.8% | -10.2% |
| 净利润同比 | 32.0% | 67.0% |
| 每股收益（稀释后） | $-0.25 | $-0.04 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收FLYXUP
| Q4 25 | — | $183.8M | ||
| Q3 25 | $92.1M | $185.5M | ||
| Q2 25 | $91.3M | $189.6M | ||
| Q1 25 | $88.1M | $177.5M | ||
| Q4 24 | — | $204.8M | ||
| Q3 24 | $76.9M | $193.9M | ||
| Q2 24 | $79.0M | $196.3M | ||
| Q1 24 | $80.0M | $197.1M |
净利润FLYXUP
| Q4 25 | — | $-28.9M | ||
| Q3 25 | $-4.3M | $-83.7M | ||
| Q2 25 | $-4.8M | $-82.3M | ||
| Q1 25 | $-5.4M | $-99.3M | ||
| Q4 24 | — | $-87.5M | ||
| Q3 24 | $-6.3M | $-57.7M | ||
| Q2 24 | $-5.2M | $-97.0M | ||
| Q1 24 | $-5.8M | $-97.4M |
毛利率FLYXUP
| Q4 25 | — | 14.3% | ||
| Q3 25 | 13.7% | 6.8% | ||
| Q2 25 | 15.0% | 8.3% | ||
| Q1 25 | 12.8% | 10.8% | ||
| Q4 24 | — | 13.9% | ||
| Q3 24 | 11.3% | 13.9% | ||
| Q2 24 | 7.9% | 2.3% | ||
| Q1 24 | 7.2% | -0.6% |
营业利润率FLYXUP
| Q4 25 | — | -0.9% | ||
| Q3 25 | -12.3% | -33.1% | ||
| Q2 25 | -13.5% | -31.4% | ||
| Q1 25 | -16.7% | -45.5% | ||
| Q4 24 | — | -26.0% | ||
| Q3 24 | -27.2% | -21.6% | ||
| Q2 24 | -27.6% | -40.3% | ||
| Q1 24 | -34.3% | -42.9% |
净利率FLYXUP
| Q4 25 | — | -15.7% | ||
| Q3 25 | -4.6% | -45.1% | ||
| Q2 25 | -5.2% | -43.4% | ||
| Q1 25 | -6.2% | -55.9% | ||
| Q4 24 | — | -42.7% | ||
| Q3 24 | -8.2% | -29.8% | ||
| Q2 24 | -6.5% | -49.4% | ||
| Q1 24 | -7.3% | -49.4% |
每股收益（稀释后）FLYXUP
| Q4 25 | — | $-0.04 | ||
| Q3 25 | $-0.25 | $-0.12 | ||
| Q2 25 | $-0.26 | $-0.12 | ||
| Q1 25 | $-0.30 | $-0.14 | ||
| Q4 24 | — | $-0.13 | ||
| Q3 24 | $-0.32 | $-0.08 | ||
| Q2 24 | $-0.32 | $-0.14 | ||
| Q1 24 | $-0.35 | $-0.14 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $18.7M | $133.9M |
| 总债务越低越好 | $123.9M | $671.3M |
| 股东权益账面价值 | $-434.2M | $-392.1M |
| 总资产 | $448.1M | $968.8M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资FLYXUP
| Q4 25 | — | $133.9M | ||
| Q3 25 | $18.7M | $125.3M | ||
| Q2 25 | $15.8M | $107.0M | ||
| Q1 25 | $14.7M | $171.8M | ||
| Q4 24 | — | $216.4M | ||
| Q3 24 | $18.7M | $115.9M | ||
| Q2 24 | $9.3M | $141.5M | ||
| Q1 24 | $5.3M | $180.9M |
总债务FLYXUP
| Q4 25 | — | $671.3M | ||
| Q3 25 | $123.9M | $766.5M | ||
| Q2 25 | $111.6M | $770.5M | ||
| Q1 25 | $121.6M | $765.8M | ||
| Q4 24 | — | $761.3M | ||
| Q3 24 | $197.9M | $596.9M | ||
| Q2 24 | $206.3M | $597.4M | ||
| Q1 24 | $209.4M | $603.2M |
股东权益FLYXUP
| Q4 25 | — | $-392.1M | ||
| Q3 25 | $-434.2M | $-374.5M | ||
| Q2 25 | $-261.4M | $-347.8M | ||
| Q1 25 | $-281.5M | $-288.1M | ||
| Q4 24 | — | $-202.1M | ||
| Q3 24 | $-192.0M | $-117.7M | ||
| Q2 24 | $-149.7M | $-72.2M | ||
| Q1 24 | $-149.5M | $936.0K |
总资产FLYXUP
| Q4 25 | — | $968.8M | ||
| Q3 25 | $448.1M | $973.0M | ||
| Q2 25 | $443.4M | $1.0B | ||
| Q1 25 | $466.8M | $1.1B | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | $487.1M | $1.0B | ||
| Q2 24 | $494.7M | $1.1B | ||
| Q1 24 | $524.1M | $1.2B |
负债/权益比FLYXUP
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 644.43× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-209.0K | $-18.4M |
| 自由现金流经营现金流 - 资本支出 | $-11.0M | $-58.3M |
| 自由现金流率自由现金流/营收 | -12.0% | -31.7% |
| 资本支出强度资本支出/营收 | 11.7% | 21.7% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $-51.0M | $-259.9M |
8季度趋势，按日历期对齐
经营现金流FLYXUP
| Q4 25 | — | $-18.4M | ||
| Q3 25 | $-209.0K | $-37.1M | ||
| Q2 25 | $363.0K | $-62.9M | ||
| Q1 25 | $-10.5M | $-47.9M | ||
| Q4 24 | — | $37.9M | ||
| Q3 24 | $-12.3M | $-16.9M | ||
| Q2 24 | $-16.2M | $-25.2M | ||
| Q1 24 | $-26.0M | $-73.8M |
自由现金流FLYXUP
| Q4 25 | — | $-58.3M | ||
| Q3 25 | $-11.0M | $-60.4M | ||
| Q2 25 | $353.0K | $-78.6M | ||
| Q1 25 | $-14.6M | $-62.6M | ||
| Q4 24 | — | $-70.2M | ||
| Q3 24 | $-25.7M | $-21.9M | ||
| Q2 24 | $-26.6M | $-30.8M | ||
| Q1 24 | $-64.5M | $-77.8M |
自由现金流率FLYXUP
| Q4 25 | — | -31.7% | ||
| Q3 25 | -12.0% | -32.6% | ||
| Q2 25 | 0.4% | -41.5% | ||
| Q1 25 | -16.5% | -35.3% | ||
| Q4 24 | — | -34.3% | ||
| Q3 24 | -33.5% | -11.3% | ||
| Q2 24 | -33.7% | -15.7% | ||
| Q1 24 | -80.6% | -39.5% |
资本支出强度FLYXUP
| Q4 25 | — | 21.7% | ||
| Q3 25 | 11.7% | 12.5% | ||
| Q2 25 | 0.0% | 8.3% | ||
| Q1 25 | 4.7% | 8.3% | ||
| Q4 24 | — | 52.8% | ||
| Q3 24 | 17.5% | 2.6% | ||
| Q2 24 | 13.2% | 2.9% | ||
| Q1 24 | 48.2% | 2.0% |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
