flyExclusive (FLYX)
XASE:FLYX
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Earnings Data
Report Date
Aug 19, 2026During Market Hours (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.13Last Year’s EPS
-0.26Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized meaningful operational and financial progress from a completed fleet transformation, with double-digit improvements in several operating metrics (dispatch availability, utilization, margins) and growth in contracted, fractional, wholesale and MRO revenues. Management highlighted deleveraging progress, membership expansion and strategic technology and M&A integrations. Headwinds include higher fuel costs, weather-related disruption, remaining legacy aircraft drag and a still-thin adjusted EBITDA dollar amount. On balance, positive structural improvements and multiple sizable metric gains outweigh near-term challenges.Company Guidance
Revenue Growth
Total consolidated revenue of approximately $96.3 million in 1Q26, a year-over-year increase of ~9%.
Flight Performance and Utilization
Flight revenue of ~$92.5 million (+9% YoY); flight hours of 18,537 (+7% YoY). Core operating fleet utilization averaged 75 hours/aircraft/month, up ~15% from 65 hours in 1Q25.
Profitability and Margin Expansion
Reported positive adjusted EBITDA of ~ $200,000 in 1Q26 vs. an adjusted EBITDA loss of ~$6.4 million in 1Q25 (improvement of ~$6.6 million). Adjusted EBITDA margin ~0.2% vs -7.2% in prior year (+740 bps). Contribution margin ~50.5% vs 46.9% (+360 bps). Gross profit grew ~69% YoY to $19.1 million; gross margin expanded to ~20% (up ~700 bps).
Fleet Modernization and Operational Improvement
Nonperforming aircraft reduced from 37 at the start of 2024 to 6 by end of 1Q26 (operating loss from remaining aircraft < $250k/month vs > $3M/month previously — >90% reduction). The company operates ~$522M of aircraft with a smaller, higher-performing fleet and expects ~20 aircraft additions in 2026 (primarily CJ3s, XLS+s and Challengers).
Dispatch Availability Impact
Dispatch availability improved ~7.6 percentage points YoY (noted also as ~760 bps), which management equates to an annualized EBITDA opportunity of roughly $19 million relative to the prior year.
Contracted and Recurring Revenue Strength
Approximately 50% of revenue derived from contractually committed programs (Fractional, JetClub and partner programs). Members contributing to revenue exceeded 1,000 (eighth consecutive quarter of membership growth).
Fractional and Retail Momentum
Retail fractional share sales increased ~47% YoY; fractional revenue (GAAP) +~5% YoY. Total fractional retail activity up ~27% YoY; fractional retail sales ~ $14 million in the quarter.
Wholesale and MRO Growth
Wholesale revenue grew to ~$50.9 million in the quarter (+24% YoY). External MRO revenue increased ~14% YoY to roughly $2 million, with new capabilities including Starlink installations and expanded avionics/interiors work.
Balance Sheet Progress
Long-term notes payable reduced by ~$10 million in 1Q26; management cited ~$86 million of reductions in 2025 and meaningful deleveraging since the beginning of 2025 (noted ~40% reduction in long-term notes payable since start of 2025). Directly owned aircraft value reduced to ~$145 million with debt on directly owned fleet of ~$112 million (implying roughly $33 million of equity in those aircraft).
Strategic M&A and Tech Integration
Expect close of GenAI acquisition next month; closed second tranche of Volato deal (rebranded Contrails) to improve scheduling/optimization and mission control; plan to close Vaunt empty-leg subscription business next quarter.
FLYX 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
FLYX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 11, 2026 | $2.29 | $2.16 | -5.68% |
Mar 05, 2026 | $2.49 | $2.42 | -2.81% |
Nov 13, 2025 | $3.21 | $3.17 | -1.25% |
Aug 13, 2025 | $2.80 | $2.72 | -2.86% |
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 flyExclusive (FLYX) report earnings?
flyExclusive (FLYX) is schdueled to report earning on Aug 19, 2026, During Market Hours (Confirmed).
What is flyExclusive (FLYX) earnings time?
flyExclusive (FLYX) earnings time is at Aug 19, 2026, During Market Hours (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 FLYX EPS forecast?
FLYX EPS forecast for the fiscal quarter 2026 (Q2) is -0.13.