BingEx Ltd. ADR (FLX)
NASDAQ:FLX
Earnings Data
Report Date
May 21, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
―Last Year’s EPS
-0.02Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presents a mix of positive operational and profitability improvements (notably strong non-GAAP net income growth, margin expansion, improved order mix and AI-driven efficiency gains) alongside material top-line pressure (full-year revenue down ~11%, flat Q4 revenue) driven by intensified competition and lower order volumes. Management emphasizes refined operations, technology deployment and targeted merchant/rider initiatives to stabilize and improve performance, but certain benefits (e.g., one-time expense recognition) and nascent initiatives (drone deliveries) temper near-term upside.Company Guidance
Profitability Improvement and Strong YoY Adjusted Net Income Growth
Adjusted (non-GAAP) net income for Q4 increased 107.1% year-over-year to RMB 41.6 million; full-year 2025 non-GAAP net income was RMB 199.4 million. Non-GAAP net margin rose to 5.0% in 2025 from 4.5% in 2024, and the company achieved non-GAAP net income profitability for the third consecutive year.
Improved Gross Margins
Gross margin expanded by 0.8 percentage points year-over-year to 10.8% in Q4 and 11.8% for the full year 2025, with Q4 gross profit at RMB 107.9 million (up from RMB 102.9 million YoY).
Order Mix Shift Toward Higher-Value Categories
Share of mid- to high-value delivery orders increased; electronics delivery order volume rose 17% YoY in Q4 (higher AOV category), and cake delivery returned to growth with order volume up more than 5% YoY in Q4, supporting margin improvement.
Scale of Operations and User/Rider Base
Service network expanded to 298 cities across China with 31 million registered riders and 120 million registered users, providing a broad foundation for further service monetization and penetration.
Order Fulfillment Volumes
The company fulfilled 63.2 million orders in Q4 2025 and 249.2 million orders for the full year 2025, demonstrating scale and sustained platform activity.
Cost and Operating Efficiency Gains
Cost of revenues decreased by 3.5% YoY to RMB 893.4 million in Q4 and by 11.4% YoY to RMB 3.5 billion for the full year. Non-GAAP income from operations in Q4 was RMB 10.5 million, up 44% YoY, and full-year non-GAAP operating income was RMB 92.7 million.
Healthy Cash Position
Cash, cash equivalents, restricted cash and short-term investments totaled RMB 951.6 million as of year-end 2025, supporting operations and strategic initiatives.
Technology and Innovation Initiatives
Deployed AI broadly (customer service, operations, R&D) with AI-assisted coding increasing development efficiency by ~30% vs 2024; launched quick-access service entry on a major OS; established a low-altitude logistics division and completed over 2,000 drone delivery orders since pilot inception.
FLX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FLX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 17, 2026 | $2.36 | $2.85 | +20.76% |
Nov 19, 2025 | $2.92 | $3.25 | +11.30% |
Aug 19, 2025 | $3.14 | $3.16 | +0.64% |
May 22, 2025 | $2.38 | $2.35 | -1.26% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does BingEx Ltd. ADR (FLX) report earnings?
BingEx Ltd. ADR (FLX) is schdueled to report earning on May 21, 2026, Before Open (Confirmed).
What is BingEx Ltd. ADR (FLX) earnings time?
BingEx Ltd. ADR (FLX) earnings time is at May 21, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FLX EPS forecast?
Currently, no data Available