flyExclusive (FLYX)
XASE:FLYX
Earnings Data
Report Date
May 19, 2026During Market Hours (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.25Last Year’s EPS
-0.3Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized a clear and substantial operational turnaround in 2025 with multiple structural improvements: revenue growth, higher utilization, margin expansion, significant debt reduction, the company’s first positive adjusted EBITDA quarter, and concrete plans to expand the fleet and integrate technology that could unlock incremental revenue. Challenges remain — full-year profitability was not yet achieved, some contribution in Q4 came from an acquisition, unmet daily demand and a few remaining breakeven aircraft, plus timing risks around the Jet.AI merger and execution bottlenecks for Starlink hardware. On balance, the highlights — many of them structural and recurring (fleet optimization, SG&A reductions, utilization gains, debt paydown, and technology integration plans) — significantly outweigh the lowlights, supporting a constructive outlook.Company Guidance
Revenue Growth and Scale
Q4 revenue of $104.3 million, up 14% year-over-year; full-year 2025 revenue of $375.9 million, up 15% year-over-year.
First Positive Adjusted EBITDA Quarter
Generated positive adjusted EBITDA in Q4 2025 of approximately $6.6–$6.8 million (adjusted EBITDA margin ~6% in Q4); full-year adjusted EBITDA improved by over $49 million year-over-year, narrowing the full-year loss to about $7 million.
Fleet Optimization and Higher Utilization
Removed 28 nonperforming aircraft and added 7 high-performing aircraft; fleet size down ~14% year-over-year while flight hours increased ~12–13% (full year ~74,000 hours, Q4 ~20,400 hours), with core fleet utilization up ~23% to ~73 hours per aircraft annually.
Margin Expansion and Cost Discipline
Gross profit up ~53% in commentary and gross margin improved (Q4 margin 18%; full-year margin 15), adjusted EBITDA margin improved ~1,531 basis points year-over-year; SG&A declined roughly 600–616 basis points as a percent of revenue, generating ~$8–$9 million in annualized savings.
Operational Improvements and Dispatch Reliability
Dispatch availability improved ~7% year-over-year in 2025; management expects an additional ~10% improvement in 2026, which they estimate could translate to ~$25 million in annualized bottom-line benefit.
Recurring Revenue and Contracted Demand Growth
Contractually committed demand hours from fractional club and partner programs increased ~33% year-over-year; fractional sales revenue grew ~56% for the full year and fractional share sales increased ~26%, generating approximately $60 million in fractional retail sales.
Balance Sheet Progress and Capital Access
Reduced long-term debt by ~36% (~$84 million) in 2025 while maintaining year-end cash; raised $15 million via offering in January 2026 and ATM now operational to support growth and deleveraging.
M&A and Technology Initiatives
Closed first half of Volato acquisition ($2.1 million purchase) which contributed ~ $5.7 million in bottom-line improvement in Q4; expect to close second half to acquire Mission Control (scheduling/optimization) and Vaunt (empty-leg subscription) and deploy a beta at NBAA soon.
MRO and Connectivity Revenue Upside
MRO external revenue up ~52% in Q4 and ~48% for the full year; announced Starlink dealership and plan to equip the fleet with high-speed connectivity by year-end, positioning for additional revenue across maintenance/avionics/interior services.
Market Position and Forward Growth Targets
Now #1 jet charter operator in the U.S. by hours flown and #3 overall; plan to add ~20 CJ3/XLS/Challenger aircraft in 2026, target flight hours growth >15% and an annualized run rate >100,000 hours by year-end 2026.
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 |
|---|---|---|---|
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% |
May 13, 2025 | $2.97 | $2.82 | -5.05% |
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 May 19, 2026, During Market Hours (Confirmed).
What is flyExclusive (FLYX) earnings time?
flyExclusive (FLYX) earnings time is at May 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 (Q1) is -0.25.