What is flyExclusive's operating income?

flyExclusive's total operating income in 2025 was -$47.23 million, based on the following breakdown: Total Gross Profit: $56.25 million Total Operating Expenses: $103.49 million

flyExclusive (FLYX) Financials

$1.67 0.00 (0.00%)

Closing price 07/9/2026 04:00 PM Eastern

Extended Trading

$1.67 0.00 (0.00%)

As of 07/9/2026 07:18 PM Eastern

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Annual Income Statements for flyExclusive

This table shows flyExclusive's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024	2025
Period end date	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	6.05	-47	-26	-28
Consolidated Net Income / (Loss)	-4.15	-55	-101	-67
Net Income / (Loss) Continuing Operations	-4.15	-55	-101	-67
Total Pre-Tax Income	-4.15	-55	-101	-67
Total Operating Income	-12	-37	-83	-47
Total Gross Profit	65	51	37	56
Total Revenue	320	315	327	376
Operating Revenue	320	315	327	376
Total Cost of Revenue	255	264	290	320
Operating Cost of Revenue	255	264	290	320
Total Operating Expenses	77	89	120	103
Selling, General & Admin Expense	54	75	91	83
Depreciation Expense	23	27	26	24
Other Operating Expenses / (Income)	-	-14	2.80	-2.69
Total Other Income / (Expense), net	8.16	-17	-19	-20
Interest Expense	8.29	7.38	21	23
Interest & Investment Income	0.78	4.63	4.31	1.37
Other Income / (Expense), net	16	-15	-1.81	1.58
Income Tax Expense	0.00	0.00	0.04	0.04
Preferred Stock Dividends Declared	-	0.00	4.49	9.97
Net Income / (Loss) Attributable to Noncontrolling Interest	-10	-7.90	-80	-50
Basic Earnings per Share	-	$0.00	($1.07)	($1.01)
Weighted Average Basic Shares Outstanding	28.13M	0.00	23.81M	27.24M
Diluted Earnings per Share	-	$0.00	($1.07)	($1.01)
Weighted Average Diluted Shares Outstanding	28.13M	0.00	23.81M	27.24M
Weighted Average Basic & Diluted Shares Outstanding	28.13M	-	80.13M	94.35M

This table shows flyExclusive's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	-44	0.54	-5.84	-6.13	-7.73	16	-7.45	-7.10	-6.91	-8.11	-7.93
Consolidated Net Income / (Loss)	-25	-24	-33	-28	-24	-17	-23	-16	-21	-6.86	-13
Net Income / (Loss) Continuing Operations	-25	-24	-33	-28	-24	-17	-23	-16	-21	-6.86	-13
Total Pre-Tax Income	-25	-24	-33	-28	-24	-16	-23	-16	-21	-6.82	-13
Total Operating Income	-16	-23	-27	-22	-21	-13	-15	-12	-11	-8.84	-9.63
Total Gross Profit	-1.26	5.35	5.74	6.26	8.69	16	11	14	13	19	19
Total Revenue	62	76	80	79	77	91	88	91	92	104	96
Operating Revenue	62	76	80	79	77	91	88	91	92	104	96
Total Cost of Revenue	63	71	74	73	68	75	77	78	80	86	77
Operating Cost of Revenue	63	71	74	73	68	75	77	78	80	86	77
Total Operating Expenses	15	29	33	28	30	29	26	26	24	27	29
Selling, General & Admin Expense	17	23	25	21	20	25	21	20	20	22	23
Depreciation Expense	6.70	6.81	6.49	6.68	6.11	6.43	6.25	5.77	6.51	5.06	5.18
Other Operating Expenses / (Income)	-9.57	-1.47	1.49	-0.07	3.48	-2.10	-1.21	0.02	-2.12	0.63	0.82
Total Other Income / (Expense), net	-8.71	-0.83	-5.57	-6.01	-3.23	-3.87	-8.31	-3.77	-9.78	2.02	-3.74
Interest Expense	5.67	-8.22	4.66	5.67	5.62	5.24	9.55	4.43	5.05	3.76	5.29
Interest & Investment Income	0.80	1.64	1.28	1.16	0.98	0.89	0.70	0.24	0.16	0.28	0.18
Other Income / (Expense), net	-3.83	-11	-2.19	-1.51	1.41	0.48	0.54	0.42	-4.88	5.50	1.37
Income Tax Expense	0.00	-	0.00	0.00	0.00	0.04	0.00	0.00	0.00	0.04	0.00
Preferred Stock Dividends Declared	0.00	-	-	0.97	1.45	1.78	2.00	2.34	2.64	-	1.43
Net Income / (Loss) Attributable to Noncontrolling Interest	-2.50	-1.14	-27	-23	-18	-13	-18	-11	-17	-3.75	-6.87
Basic Earnings per Share	$0.00	-	($0.35)	($0.32)	($0.32)	($0.08)	($0.30)	($0.26)	($0.25)	($0.20)	($0.17)
Weighted Average Basic Shares Outstanding	0.00	0.00	17.31M	19.17M	24.28M	23.81M	25.16M	27.77M	27.77M	27.24M	46.14M
Diluted Earnings per Share	$0.00	-	($0.35)	($0.32)	($0.32)	($0.08)	($0.30)	($0.26)	($0.25)	($0.20)	($0.17)
Weighted Average Diluted Shares Outstanding	0.00	0.00	17.31M	19.17M	24.28M	23.81M	25.16M	27.77M	27.77M	27.24M	46.14M
Weighted Average Basic & Diluted Shares Outstanding	9.86M	0.00	-	77.83M	78.13M	80.13M	80.13M	80.13M	80.69M	94.35M	96.03M

This table details how cash moves in and out of flyExclusive's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024	2025
Period end date	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	2.05	-12	20	-2.35
Net Cash From Operating Activities	46	8.67	-11	6.69
Net Cash From Continuing Operating Activities	46	8.67	-11	6.69
Net Income / (Loss) Continuing Operations	-4.15	-55	-101	-67
Consolidated Net Income / (Loss)	-4.15	-55	-101	-67
Depreciation Expense	23	27	25	22
Amortization Expense	0.65	0.83	1.88	3.11
Non-Cash Adjustments To Reconcile Net Income	-13	-1.63	5.93	11
Changes in Operating Assets and Liabilities, net	39	37	58	38
Net Cash From Investing Activities	-167	-62	-7.87	109
Net Cash From Continuing Investing Activities	-167	-62	-7.87	109
Purchase of Property, Plant & Equipment	-146	-84	-57	-31
Purchase of Investments	-70	-104	-62	-15
Sale of Property, Plant & Equipment	61	42	51	103
Sale and/or Maturity of Investments	10	105	70	80
Other Investing Activities, net	-22	-22	-10	-28
Net Cash From Financing Activities	124	42	39	-118
Net Cash From Continuing Financing Activities	124	42	39	-118
Repayment of Debt	-52	-58	-59	-141
Payment of Dividends	-22	-55	-20	-30
Issuance of Debt	173	132	71	27
Issuance of Preferred Equity	-	0.00	48	0.00
Issuance of Common Equity	25	14	6.49	12
Other Financing Activities, net	0.26	13	-9.05	13
Cash Interest Paid	5.95	12	20	17

This table details how cash moves in and out of flyExclusive's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	-3.93	1.36	-6.28	3.99	9.32	13	7.31	1.07	2.88	11	-11
Net Cash From Operating Activities	11	5.05	-26	-16	-12	44	-10	0.36	-0.21	17	-0.62
Net Cash From Continuing Operating Activities	11	5.05	-26	-16	-12	44	-10	0.36	-0.21	17	-0.62
Net Income / (Loss) Continuing Operations	-25	-24	-33	-28	-24	-17	-23	-16	-21	-6.92	-13
Consolidated Net Income / (Loss)	-25	-24	-33	-28	-24	-17	-23	-16	-21	-6.92	-13
Depreciation Expense	6.70	6.81	6.49	6.68	6.11	5.68	5.93	5.39	5.21	5.49	4.80
Amortization Expense	0.22	0.27	0.28	0.27	0.27	1.06	0.68	0.77	1.70	-0.04	0.76
Non-Cash Adjustments To Reconcile Net Income	-3.67	0.46	5.36	0.72	1.83	-1.98	9.89	1.30	4.10	0.69	2.50
Changes in Operating Assets and Liabilities, net	32	22	-5.10	3.97	3.66	55	-3.92	9.03	9.81	18	4.70
Net Cash From Investing Activities	-29	-18	-30	34	19	-30	66	16	-3.49	30	-15
Net Cash From Continuing Investing Activities	-29	-18	-30	34	19	-30	66	16	-3.49	30	-15
Purchase of Property, Plant & Equipment	-30	-17	-39	10	13	-42	-4.10	-0.01	-11	-16	-14
Purchase of Investments	-11	-35	-29	-13	-3.86	-16	-15	-	-	-	-4.86
Sale of Property, Plant & Equipment	8.61	3.89	0.00	24	4.80	22	19	12	16	56	8.33
Sale and/or Maturity of Investments	9.27	36	29	15	13	13	72	7.69	-	-	3.90
Other Investing Activities, net	-5.67	-6.46	8.12	-3.18	-8.68	-6.61	-5.84	-4.19	-8.20	-9.28	-8.55
Net Cash From Financing Activities	14	14	50	-13	2.94	-0.50	-73	-15	6.58	-37	4.80
Net Cash From Continuing Financing Activities	14	14	50	-13	2.94	-0.50	-48	-15	6.58	-37	4.80
Repayment of Debt	-11	-25	-10	-43	-1.00	-4.29	-67	-12	-6.32	-54	-20
Repurchase of Common Equity	-0.29	-1.81	-1.02	1.02	-	-	0.00	-	-	-	0.00
Payment of Dividends	-8.74	-9.22	-2.46	-3.73	-7.73	-5.85	12	-5.45	-5.97	-6.36	-2.04
Issuance of Debt	33	34	39	32	-	-	0.31	3.16	6.85	17	8.70
Issuance of Preferred Equity	-	-	24	-	5.60	19	5.80	-	-5.80	-	0.00
Issuance of Common Equity	0.93	3.90	0.16	0.10	6.07	0.16	0.86	-0.23	5.90	5.90	19
Other Financing Activities, net	0.07	12	0.00	-	-	-9.05	0.00	-0.24	12	1.18	-1.29

This table presents flyExclusive's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2021	2022	2023	2024	2025
Period end date	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	226	494	521	538	440
Total Current Assets	0.78	132	117	144	74
Cash & Equivalents	0.32	23	12	32	29
Short-Term Investments	-	69	71	66	0.00
Accounts Receivable	-	22	7.22	12	11
Inventories, net	-	5.87	5.14	5.66	5.07
Prepaid Expenses	0.46	11	21	21	26
Other Current Nonoperating Assets	-	-	0.00	7.79	3.42
Plant, Property, & Equipment, net	0.00	253	254	260	224
Total Noncurrent Assets	225	110	150	134	142
Noncurrent Note & Lease Receivables	-	7.49	21	19	34
Other Noncurrent Operating Assets	0.18	100	127	115	108
Total Liabilities & Shareholders' Equity	226	494	521	538	440
Total Liabilities	16	447	486	550	524
Total Current Liabilities	0.36	139	222	295	270
Short-Term Debt	0.00	27	60	0.00	0.00
Accounts Payable	0.36	22	30	20	31
Current Deferred Revenue	-	58	84	129	136
Other Current Liabilities	-	32	47	48	56
Total Noncurrent Liabilities	15	308	431	359	333
Long-Term Debt	-	222	334	245	189
Capital Lease Obligations	-	-	0.00	5.71	19
Noncurrent Deferred Revenue	-	2.58	10	21	26
Other Noncurrent Operating Liabilities	15	83	87	88	99
Commitments & Contingencies	0.00	0.00	-	-	0.00
Redeemable Noncontrolling Interest	225	0.00	-36	160	213
Total Equity & Noncontrolling Interests	-15	47	71	-210	-326
Total Preferred & Common Equity	-15	0.00	46	-233	-327
Total Common Equity	-15	-5.12	46	-233	-327
Common Stock	0.00	-4.64	127	0.01	114
Retained Earnings	-15	0.00	-80	-233	-440
Accumulated Other Comprehensive Income / (Loss)	-	-0.48	-0.07	-0.06	0.00
Noncontrolling Interest	-	53	24	23	1.11

This table presents flyExclusive's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	46	524	495	487	467	443	448	449
Total Current Assets	0.52	125	128	133	67	66	69	67
Cash & Equivalents	0.45	5.35	9.34	19	15	16	19	19
Short-Term Investments	-	71	69	61	8.02	0.00	0.00	0.97
Accounts Receivable	-	7.72	8.33	9.75	12	12	12	13
Inventories, net	-	5.39	6.05	5.98	6.01	6.33	6.04	5.29
Prepaid Expenses	0.07	22	20	18	16	23	23	26
Other Current Nonoperating Assets	-	14	15	19	9.77	8.63	8.42	3.42
Plant, Property, & Equipment, net	0.00	272	251	237	244	233	226	230
Total Noncurrent Assets	45	127	115	117	156	145	153	152
Noncurrent Note & Lease Receivables	-	6.19	6.15	6.12	33	33	41	42
Other Noncurrent Operating Assets	-	118	107	109	121	111	111	110
Total Liabilities & Shareholders' Equity	46	524	495	487	467	443	448	449
Total Liabilities	19	503	502	496	496	496	527	522
Total Current Liabilities	8.66	208	202	266	252	260	276	279
Short-Term Debt	2.81	53	51	110	0.00	0.00	0.00	0.00
Accounts Payable	3.12	32	31	26	24	32	33	38
Current Deferred Revenue	-	82	79	88	127	123	130	130
Other Current Liabilities	0.28	40	40	41	49	53	51	58
Total Noncurrent Liabilities	9.90	479	483	347	343	328	350	321
Long-Term Debt	-	387	389	254	213	200	214	170
Capital Lease Obligations	-	-	-	-	16	15	19	23
Noncurrent Deferred Revenue	-	11	12	13	21	22	23	26
Other Noncurrent Operating Liabilities	9.90	82	82	80	93	92	94	102
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	45	156	131	135	192	155	306	113
Total Equity & Noncontrolling Interests	-17	-134	-137	-181	-266	-255	-435	-215
Total Preferred & Common Equity	-17	-150	-150	-192	-281	-261	-434	-222
Total Common Equity	-17	-150	-150	-192	-281	-261	-434	-222
Common Stock	0.00	0.01	0.01	9.46	20	26	0.01	227
Retained Earnings	-17	-149	-149	-202	-301	-287	-434	-448
Accumulated Other Comprehensive Income / (Loss)	-	-0.24	-0.26	0.11	-0.00	0.00	0.00	0.00
Noncontrolling Interest	-	15	12	11	15	6.45	-0.47	7.18

This table displays calculated financial ratios and metrics derived from flyExclusive's official financial filings.

Metric	2022	2023	2024	2025
Period end date	12/31/2022	12/31/2023	12/31/2024	12/31/2025
DEI Shares Outstanding	28,125,000.00	9,856,829.00	-	80,687,668.00
DEI Adjusted Shares Outstanding	28,125,000.00	9,856,829.00	-	80,687,668.00
DEI Earnings Per Adjusted Shares Outstanding	0.22	-4.75	-	-0.34
Growth Metrics	-	-	-	-
Revenue Growth	0.00%	-1.46%	3.78%	14.85%
EBITDA Growth	0.00%	-189.14%	-138.81%	64.45%
EBIT Growth	0.00%	-1,648.61%	-62.70%	46.02%
NOPAT Growth	0.00%	-203.25%	-121.80%	42.94%
Net Income Growth	0.00%	-1,218.35%	-85.42%	33.87%
EPS Growth	0.00%	0.00%	0.00%	5.61%
Operating Cash Flow Growth	0.00%	-81.01%	-226.13%	161.20%
Free Cash Flow Firm Growth	0.00%	0.00%	-661.91%	657.11%
Invested Capital Growth	0.00%	-12.38%	-28.83%	-53.50%
Revenue Q/Q Growth	0.00%	-43.63%	4.94%	3.56%
EBITDA Q/Q Growth	0.00%	-34.27%	27.31%	26.73%
EBIT Q/Q Growth	0.00%	-188.70%	20.66%	16.14%
NOPAT Q/Q Growth	0.00%	-56.86%	23.02%	7.39%
Net Income Q/Q Growth	0.00%	-39.43%	7.11%	12.58%
EPS Q/Q Growth	0.00%	0.00%	0.00%	-13.48%
Operating Cash Flow Q/Q Growth	0.00%	-82.64%	77.87%	-79.85%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	97.26%	134.51%
Invested Capital Q/Q Growth	0.00%	1,242.08%	-8.58%	-33.22%
Profitability Metrics	-	-	-	-
Gross Margin	20.19%	16.23%	11.32%	14.97%
EBITDA Margin	8.48%	-7.67%	-17.64%	-5.46%
Operating Margin	-3.85%	-11.83%	-25.29%	-12.57%
EBIT Margin	1.05%	-16.48%	-25.85%	-12.15%
Profit (Net Income) Margin	-1.30%	-17.36%	-31.01%	-17.86%
Tax Burden Percent	100.00%	100.00%	100.04%	100.06%
Interest Burden Percent	-123.68%	105.29%	119.94%	146.91%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	-4.21%	-13.62%	-37.80%	-35.41%
ROIC Less NNEP Spread (ROIC-NNEP)	-1.37%	-32.65%	-64.87%	-54.90%
Return on Net Nonoperating Assets (RNNOA)	-4.54%	-118.68%	1,372.04%	117.87%
Return on Equity (ROE)	-8.76%	-132.30%	1,334.23%	82.46%
Cash Return on Invested Capital (CROIC)	0.00%	-0.43%	-4.11%	37.63%
Operating Return on Assets (OROA)	0.93%	-10.24%	-15.97%	-9.33%
Return on Assets (ROA)	-1.15%	-10.78%	-19.16%	-13.72%
Return on Common Equity (ROCE)	0.67%	-66.10%	16,499.96%	283.81%
Return on Equity Simple (ROE_SIMPLE)	0.00%	-117.81%	43.26%	0.00%
Net Operating Profit after Tax (NOPAT)	-8.61	-26	-58	-33
NOPAT Margin	-2.69%	-8.28%	-17.71%	-8.80%
Net Nonoperating Expense Percent (NNEP)	-2.84%	19.03%	27.07%	19.49%
Return On Investment Capital (ROIC_SIMPLE)	-	-5.63%	-41.95%	28.07%
Cost of Revenue to Revenue	79.81%	83.77%	88.68%	85.03%
SG&A Expenses to Revenue	16.81%	23.92%	27.91%	21.97%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	24.03%	28.07%	36.62%	27.53%
Earnings before Interest and Taxes (EBIT)	3.36	-52	-85	-46
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	27	-24	-58	-21
Valuation Ratios	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.70	0.00	0.23	0.30
Price to Earnings (P/E)	37.20	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%
Earnings Yield	2.69%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	2.13	0.00	4.00	8.52
Enterprise Value to Revenue (EV/Rev)	1.36	0.00	1.56	1.34
Enterprise Value to EBITDA (EV/EBITDA)	16.02	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	129.43	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	9.52	0.00	0.00	75.50
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	14.37
Leverage & Solvency	-	-	-	-
Debt to Equity	5.26	11.14	-6.89	-1.85
Long-Term Debt to Equity	4.69	9.44	-4.96	-1.85
Financial Leverage	3.31	3.63	-21.15	-2.15
Leverage Ratio	2.79	12.27	-69.63	-6.01
Compound Leverage Factor	-3.46	12.92	-83.52	-8.83
Debt to Total Capital	84.04%	91.76%	116.98%	217.39%
Short-Term Debt to Total Capital	9.19%	13.95%	32.77%	0.00%
Long-Term Debt to Total Capital	74.85%	77.81%	84.22%	217.39%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	17.69%	-2.60%	61.84%	224.37%
Common Equity to Total Capital	-1.72%	10.84%	-78.82%	-341.76%
Debt to EBITDA	9.20	-16.27	-6.03	-10.12
Net Debt to EBITDA	5.79	-12.85	-4.35	-8.70
Long-Term Debt to EBITDA	8.20	-13.80	-4.34	-10.12
Debt to NOPAT	-28.97	-15.06	-6.01	-6.29
Net Debt to NOPAT	-18.22	-11.89	-4.33	-5.40
Long-Term Debt to NOPAT	-25.81	-12.77	-4.33	-6.29
Altman Z-Score	0.96	0.00	-0.80	-1.29
Noncontrolling Interest Sharing Ratio	107.67%	50.04%	-1,136.66%	-244.17%
Liquidity Ratios	-	-	-	-
Current Ratio	0.95	0.53	0.49	0.28
Quick Ratio	0.83	0.41	0.37	0.15
Cash Flow Metrics	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-0.83	-6.31	35
Operating Cash Flow to CapEx	53.42%	20.79%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	0.00	-0.11	-0.30	1.54
Operating Cash Flow to Interest Expense	5.50	1.17	-0.52	0.29
Operating Cash Flow Less CapEx to Interest Expense	-4.80	-4.47	-0.08	3.45
Efficiency Ratios	-	-	-	-
Asset Turnover	0.89	0.62	0.62	0.77
Accounts Receivable Turnover	0.00	21.58	34.40	33.56
Inventory Turnover	0.00	47.97	53.74	59.60
Fixed Asset Turnover	0.00	1.24	1.27	1.55
Accounts Payable Turnover	23.03	10.16	11.50	12.54
Days Sales Outstanding (DSO)	0.00	16.91	10.61	10.88
Days Inventory Outstanding (DIO)	0.00	7.61	6.79	6.12
Days Payable Outstanding (DPO)	15.85	35.92	31.74	29.10
Cash Conversion Cycle (CCC)	-15.85	-11.40	-14.33	-12.10
Capital & Investment Metrics	-	-	-	-
Invested Capital	204	179	127	59
Invested Capital Turnover	1.57	1.64	2.14	4.03
Increase / (Decrease) in Invested Capital	0.00	-25	-52	-68
Enterprise Value (EV)	435	0.00	510	505
Market Capitalization	225	0.00	75	112
Book Value per Share	($0.18)	$4.71	($3.00)	($4.05)
Tangible Book Value per Share	($0.27)	$4.49	($3.02)	($4.05)
Total Capital	297	429	298	96
Total Debt	250	393	348	208
Total Long-Term Debt	222	334	251	208
Net Debt	157	311	251	179
Capital Expenditures (CapEx)	85	42	-9.31	-72
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-72	-128	-150	-225
Debt-free Net Working Capital (DFNWC)	20	-45	-53	-196
Net Working Capital (NWC)	-6.93	-105	-151	-196
Net Nonoperating Expense (NNE)	-4.46	29	44	34
Net Nonoperating Obligations (NNO)	157	144	178	171
Total Depreciation and Amortization (D&A)	24	28	27	25
Debt-free, Cash-free Net Working Capital to Revenue	-22.58%	-40.52%	-45.99%	-59.84%
Debt-free Net Working Capital to Revenue	6.36%	-14.25%	-16.27%	-52.03%
Net Working Capital to Revenue	-2.17%	-33.21%	-46.07%	-52.03%
Earnings Adjustments	-	-	-	-
Adjusted Basic Earnings per Share	$0.26	$0.00	($1.07)	($1.01)
Adjusted Weighted Average Basic Shares Outstanding	28.13M	0.00	23.81M	27.24M
Adjusted Diluted Earnings per Share	$0.26	$0.00	($1.07)	($1.01)
Adjusted Weighted Average Diluted Shares Outstanding	28.13M	0.00	23.81M	27.24M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	28.13M	0.00	80.13M	94.35M
Normalized Net Operating Profit after Tax (NOPAT)	-8.61	-26	-58	-33
Normalized NOPAT Margin	-2.69%	-8.28%	-17.71%	-8.80%
Pre Tax Income Margin	-1.30%	-17.36%	-31.00%	-17.85%
Debt Service Ratios	-	-	-	-
EBIT to Interest Expense	0.40	-7.04	-3.99	-2.00
NOPAT to Interest Expense	-1.04	-3.54	-2.74	-1.45
EBIT Less CapEx to Interest Expense	-9.90	-12.69	-3.55	1.15
NOPAT Less CapEx to Interest Expense	-11.34	-9.19	-2.30	1.70
Payout Ratios	-	-	-	-
Dividend Payout Ratio	-535.98%	-100.55%	-19.48%	-44.56%
Augmented Payout Ratio	-537.69%	-106.51%	-19.48%	-44.56%

This table displays calculated financial ratios and metrics derived from flyExclusive's official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	9,856,829.00	9,856,829.00	77,822,021.00	155,659,172.00	78,129,586.00	-	80,129,586.00	80,129,586.00	80,129,586.00	80,687,668.00	94,352,030.00
DEI Adjusted Shares Outstanding	9,856,829.00	9,856,829.00	77,822,021.00	155,659,172.00	78,129,586.00	-	80,129,586.00	80,129,586.00	80,129,586.00	80,687,668.00	94,352,030.00
DEI Earnings Per Adjusted Shares Outstanding	-4.48	0.06	-0.08	-0.04	-0.10	-	-0.09	-0.09	-0.09	-0.10	-0.08
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	-76.26%	3.82%	-21.25%	24.02%	20.27%	10.19%	15.59%	19.77%	14.14%	9.33%
EBITDA Growth	-1,100.52%	-15,996.39%	-1,314.67%	-195.88%	-0.92%	80.11%	66.80%	64.77%	29.30%	139.08%	64.43%
EBIT Growth	-1,719.49%	-20,202.87%	-261.80%	-332.62%	1.00%	64.49%	52.04%	48.88%	17.00%	72.46%	41.86%
NOPAT Growth	-1,092.10%	-136.27%	-226.45%	-247.01%	-31.78%	46.26%	46.27%	43.41%	45.95%	29.89%	34.68%
Net Income Growth	-9,017.12%	-175.74%	-181.82%	-578.18%	1.77%	32.00%	30.14%	42.09%	12.67%	58.46%	41.98%
EPS Growth	100.00%	0.00%	0.00%	0.00%	0.00%	0.00%	14.29%	18.75%	21.88%	-150.00%	43.33%
Operating Cash Flow Growth	-1,400.38%	-89.10%	-839.74%	-255.45%	-212.11%	761.83%	59.70%	102.24%	98.30%	-60.93%	94.10%
Free Cash Flow Firm Growth	-35.73%	0.00%	-9,239.96%	-1,151.53%	-2,660.52%	382.27%	125.28%	127.03%	125.20%	44.83%	-29.01%
Invested Capital Growth	-46.20%	-12.38%	1,432.82%	1,013.60%	989.10%	-28.83%	-35.34%	-38.19%	-36.35%	-53.50%	-38.31%
Revenue Q/Q Growth	-38.18%	22.47%	5.27%	-1.20%	-2.65%	18.78%	-3.55%	3.64%	0.88%	13.19%	-7.61%
EBITDA Q/Q Growth	-175.98%	-108.37%	15.61%	28.24%	20.03%	59.78%	-40.90%	23.86%	-60.49%	122.70%	-228.23%
EBIT Q/Q Growth	-296.17%	-73.41%	13.28%	21.15%	16.51%	37.81%	-17.12%	15.95%	-35.57%	79.37%	-147.26%
NOPAT Q/Q Growth	-206.78%	-47.86%	-16.92%	20.36%	4.29%	39.70%	-16.90%	16.12%	8.58%	21.78%	-8.92%
Net Income Q/Q Growth	-521.80%	1.15%	-35.83%	15.57%	13.35%	31.58%	-39.55%	30.02%	-30.68%	67.45%	-94.93%
EPS Q/Q Growth	0.00%	0.00%	0.00%	8.57%	0.00%	75.00%	-275.00%	13.33%	3.85%	20.00%	15.00%
Operating Cash Flow Q/Q Growth	72.42%	-53.85%	-614.36%	37.59%	24.32%	454.74%	-124.05%	103.47%	-157.58%	8,233.01%	-103.63%
Free Cash Flow Firm Q/Q Growth	-134.36%	244.38%	-2,567.90%	14.10%	9.81%	125.22%	29.37%	-8.17%	-15.91%	44.97%	-36.59%
Invested Capital Q/Q Growth	8.08%	1,242.08%	3.82%	-16.18%	-10.54%	-8.58%	-5.66%	-19.88%	-7.88%	-33.22%	25.17%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	-2.04%	7.05%	7.18%	7.92%	11.29%	17.93%	12.82%	15.03%	13.67%	17.86%	19.81%
EBITDA Margin	-20.95%	-35.64%	-28.57%	-20.75%	-17.05%	-5.89%	-8.61%	-6.32%	-10.06%	2.02%	-2.80%
Operating Margin	-25.58%	-30.88%	-34.29%	-27.64%	-27.18%	-13.80%	-16.72%	-13.53%	-12.26%	-8.47%	-9.99%
EBIT Margin	-31.75%	-44.95%	-37.03%	-29.55%	-25.34%	-13.27%	-16.11%	-13.07%	-17.56%	-3.20%	-8.57%
Profit (Net Income) Margin	-39.61%	-31.97%	-41.25%	-35.25%	-31.38%	-18.08%	-26.15%	-17.66%	-22.88%	-6.58%	-13.88%
Tax Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.25%	100.00%	100.00%	100.00%	100.54%	100.02%
Interest Burden Percent	124.77%	71.12%	111.40%	119.29%	123.80%	135.87%	162.29%	135.13%	130.26%	204.34%	161.93%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	-35.55%	-88.85%	-82.81%	-95.89%	-20.62%	-25.65%	-26.12%	-27.31%	-23.88%	-27.63%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	-40.78%	-46.42%	-103.76%	-109.25%	-25.40%	-32.75%	-30.29%	-33.86%	-24.27%	-31.22%
Return on Net Nonoperating Assets (RNNOA)	0.00%	-148.22%	12.73%	-659.95%	838.10%	537.24%	223.67%	101.99%	78.18%	52.11%	65.72%
Return on Equity (ROE)	0.00%	-183.77%	-76.12%	-742.75%	742.21%	516.62%	198.03%	75.86%	50.87%	28.22%	38.08%
Cash Return on Invested Capital (CROIC)	0.00%	-0.43%	-128.71%	-150.73%	-158.25%	-4.11%	10.87%	13.55%	13.13%	37.63%	17.05%
Operating Return on Assets (OROA)	0.00%	-27.93%	-31.22%	-32.53%	-29.67%	-8.20%	-10.91%	-9.69%	-13.63%	-2.46%	-7.19%
Return on Assets (ROA)	0.00%	-19.86%	-34.78%	-38.80%	-36.73%	-11.17%	-17.71%	-13.09%	-17.76%	-5.05%	-11.64%
Return on Common Equity (ROCE)	0.00%	-91.82%	52.39%	6,606.70%	8,381.39%	6,388.83%	1,625.23%	292.63%	182.76%	97.14%	108.95%
Return on Equity Simple (ROE_SIMPLE)	0.00%	0.00%	50.85%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	-11	-16	-19	-15	-15	-8.82	-10	-8.65	-7.91	-6.19	-6.74
NOPAT Margin	-17.90%	-21.61%	-24.01%	-19.35%	-19.02%	-9.66%	-11.71%	-9.47%	-8.58%	-5.93%	-6.99%
Net Nonoperating Expense Percent (NNEP)	-10.02%	5.23%	-42.43%	20.95%	13.36%	4.78%	7.10%	4.17%	6.54%	0.39%	3.58%
Return On Investment Capital (ROIC_SIMPLE)	-	-3.54%	-6.29%	-5.05%	-7.97%	-6.39%	28.04%	21.38%	3.93%	5.25%	31.61%
Cost of Revenue to Revenue	102.04%	92.95%	92.83%	92.08%	88.71%	82.07%	87.18%	84.97%	86.33%	82.14%	80.19%
SG&A Expenses to Revenue	28.17%	30.90%	31.49%	27.20%	26.00%	26.99%	23.82%	22.22%	21.18%	20.89%	23.57%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	23.54%	37.92%	41.47%	35.56%	38.47%	31.73%	29.54%	28.56%	25.94%	26.34%	29.80%
Earnings before Interest and Taxes (EBIT)	-20	-34	-30	-23	-19	-12	-14	-12	-16	-3.34	-8.26
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-13	-27	-23	-16	-13	-5.38	-7.59	-5.78	-9.27	2.10	-2.70
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.00	0.00	0.23	0.26	0.23	0.23	0.23	0.16	0.38	0.30	0.27
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	3.27	3.73	3.61	4.00	4.09	4.30	7.41	8.52	5.36
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	1.91	1.96	1.61	1.56	1.47	1.19	1.81	1.34	1.04
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	0.00	107.65	19.60	19.80	75.50	24.06
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	29.57	24.24	43.87	14.37	24.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.10	11.14	20.44	-64.93	-7.97	-6.89	-3.10	-2.15	-1.81	-1.85	-1.90
Long-Term Debt to Equity	0.00	9.44	17.99	-57.37	-5.57	-4.96	-3.10	-2.15	-1.81	-1.85	-1.90
Financial Leverage	-1.11	3.63	-0.27	6.36	-7.67	-21.15	-6.83	-3.37	-2.31	-2.15	-2.11
Leverage Ratio	1.12	12.27	3.19	28.61	-28.73	-69.63	-18.87	-8.80	-5.37	-6.01	-5.21
Compound Leverage Factor	1.40	8.73	3.55	34.13	-35.56	-94.60	-30.62	-11.90	-6.99	-12.28	-8.43
Debt to Total Capital	9.39%	91.76%	95.34%	101.56%	114.34%	116.98%	147.67%	187.03%	223.01%	217.39%	211.52%
Short-Term Debt to Total Capital	9.39%	13.95%	11.43%	11.81%	34.49%	32.77%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	77.81%	83.90%	89.75%	79.85%	84.22%	147.67%	187.03%	223.01%	217.39%	211.52%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	148.87%	-2.60%	37.11%	32.98%	45.94%	61.84%	133.64%	140.92%	292.27%	224.37%	131.18%
Common Equity to Total Capital	-58.25%	10.84%	-32.45%	-34.54%	-60.28%	-78.82%	-181.31%	-227.96%	-415.29%	-341.76%	-242.70%
Debt to EBITDA	0.00	-16.27	-9.67	-5.57	-4.59	-6.03	-5.40	-6.73	-8.32	-10.12	-12.36
Net Debt to EBITDA	0.00	-12.85	-7.98	-4.57	-3.58	-4.35	-4.86	-6.23	-7.66	-8.70	-11.10
Long-Term Debt to EBITDA	0.00	-13.80	-8.51	-4.92	-3.20	-4.34	-5.40	-6.73	-8.32	-10.12	-12.36
Debt to NOPAT	0.00	-15.06	-11.14	-7.10	-5.56	-6.01	-4.67	-5.05	-6.53	-6.29	-6.56
Net Debt to NOPAT	0.00	-11.89	-9.19	-5.83	-4.34	-4.33	-4.21	-4.68	-6.01	-5.40	-5.89
Long-Term Debt to NOPAT	0.00	-12.77	-9.80	-6.27	-3.88	-4.33	-4.67	-5.05	-6.53	-6.29	-6.56
Altman Z-Score	0.00	0.00	-0.08	-0.06	-0.31	-0.36	-0.67	-0.67	-1.06	-0.98	-1.05
Noncontrolling Interest Sharing Ratio	0.00%	50.04%	168.82%	989.49%	-1,029.25%	-1,136.66%	-720.71%	-285.74%	-259.30%	-244.17%	-186.08%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.06	0.53	0.60	0.64	0.50	0.49	0.26	0.25	0.25	0.28	0.24
Quick Ratio	0.05	0.41	0.41	0.43	0.34	0.37	0.14	0.11	0.11	0.15	0.12
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-6.15	8.88	-219	-188	-170	43	55	51	43	62	39
Operating Cash Flow to CapEx	0.00%	39.49%	-67.39%	0.00%	0.00%	221.90%	0.00%	0.00%	0.00%	0.00%	-11.50%
Free Cash Flow to Firm to Interest Expense	-1.08	0.00	-47.07	-33.22	-30.21	8.17	5.80	11.48	8.47	16.49	7.43
Operating Cash Flow to Interest Expense	-0.08	0.00	-5.58	-2.86	-2.18	8.30	-1.10	0.08	-0.04	4.52	-0.12
Operating Cash Flow Less CapEx to Interest Expense	-0.08	0.00	-13.86	3.16	1.07	4.56	0.49	2.86	0.89	15.09	-1.13
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.00	0.62	0.84	1.10	1.17	0.62	0.68	0.74	0.78	0.77	0.84
Accounts Receivable Turnover	0.00	21.58	0.00	0.00	0.00	34.40	33.87	34.59	32.84	33.56	31.20
Inventory Turnover	0.00	47.97	0.00	0.00	0.00	53.74	51.39	48.11	51.41	59.60	56.65
Fixed Asset Turnover	0.00	1.24	0.00	0.00	0.00	1.27	1.30	1.44	1.57	1.55	1.62
Accounts Payable Turnover	0.00	10.16	15.56	16.62	19.35	11.50	10.52	9.45	10.34	12.54	10.47
Days Sales Outstanding (DSO)	0.00	16.91	0.00	0.00	0.00	10.61	10.78	10.55	11.12	10.88	11.70
Days Inventory Outstanding (DIO)	0.00	7.61	0.00	0.00	0.00	6.79	7.10	7.59	7.10	6.12	6.44
Days Payable Outstanding (DPO)	0.00	35.92	23.46	21.96	18.86	31.74	34.70	38.63	35.30	29.10	34.88
Cash Conversion Cycle (CCC)	0.00	-11.40	-23.46	-21.96	-18.86	-14.33	-16.82	-20.49	-17.08	-12.10	-16.73
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	-16	179	186	156	139	127	120	96	89	59	74
Invested Capital Turnover	0.00	1.64	3.70	4.28	5.04	2.14	2.19	2.76	3.18	4.03	3.95
Increase / (Decrease) in Invested Capital	-4.96	-25	200	173	155	-52	-66	-60	-51	-68	-46
Enterprise Value (EV)	227	0.00	608	582	503	510	492	414	657	505	398
Market Capitalization	225	0.00	75	77	72	75	78	54	137	112	104
Book Value per Share	($1.77)	$4.71	($15.17)	($1.92)	($2.47)	($3.00)	($3.51)	($3.26)	($5.42)	($4.05)	($2.35)
Tangible Book Value per Share	($1.77)	$4.49	($15.38)	($1.95)	($2.49)	($3.02)	($3.53)	($3.28)	($5.43)	($4.05)	($2.35)
Total Capital	30	429	461	433	319	298	155	115	105	96	91
Total Debt	2.81	393	439	440	364	348	229	214	233	208	193
Total Long-Term Debt	0.00	334	387	389	254	251	229	214	233	208	193
Net Debt	-43	311	363	361	284	251	206	199	214	179	174
Capital Expenditures (CapEx)	0.00	13	39	-34	-18	20	-15	-12	-4.71	-40	5.37
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-5.79	-128	-107	-101	-103	-150	-208	-210	-226	-225	-232
Debt-free Net Working Capital (DFNWC)	-5.33	-45	-30	-22	-23	-53	-185	-195	-207	-196	-212
Net Working Capital (NWC)	-8.14	-105	-83	-74	-133	-151	-185	-195	-207	-196	-212
Net Nonoperating Expense (NNE)	13	7.87	14	13	9.50	7.69	13	7.48	13	0.67	6.63
Net Nonoperating Obligations (NNO)	-43	144	164	163	185	178	194	196	217	171	176
Total Depreciation and Amortization (D&A)	6.70	7.08	6.77	6.95	6.38	6.74	6.62	6.16	6.91	5.44	5.56
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	-40.52%	-33.50%	-34.05%	-33.04%	-45.99%	-62.06%	-60.53%	-62.26%	-59.84%	-60.37%
Debt-free Net Working Capital to Revenue	0.00%	-14.25%	-9.39%	-7.52%	-7.37%	-16.27%	-55.27%	-55.98%	-57.11%	-52.03%	-55.26%
Net Working Capital to Revenue	0.00%	-33.21%	-25.93%	-24.76%	-42.60%	-46.07%	-55.27%	-55.98%	-57.11%	-52.03%	-55.26%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.30	$0.00	($0.35)	($0.32)	($0.32)	($0.08)	($0.30)	($0.26)	($0.25)	($0.20)	($0.17)
Adjusted Weighted Average Basic Shares Outstanding	9.86M	0.00	17.31M	19.17M	24.28M	23.81M	25.16M	27.77M	27.77M	27.24M	46.14M
Adjusted Diluted Earnings per Share	$0.30	$0.00	($0.35)	($0.32)	($0.32)	($0.08)	($0.30)	($0.26)	($0.25)	($0.20)	($0.17)
Adjusted Weighted Average Diluted Shares Outstanding	9.86M	0.00	17.31M	19.17M	24.28M	23.81M	25.16M	27.77M	27.77M	27.24M	46.14M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	9.86M	0.00	0.00	77.83M	78.13M	80.13M	80.13M	80.13M	80.69M	94.35M	96.03M
Normalized Net Operating Profit after Tax (NOPAT)	-11	-16	-19	-15	-15	-8.82	-10	-8.65	-7.91	-6.19	-6.74
Normalized NOPAT Margin	-17.90%	-21.61%	-24.01%	-19.35%	-19.02%	-9.66%	-11.71%	-9.47%	-8.58%	-5.93%	-6.99%
Pre Tax Income Margin	-39.61%	-31.97%	-41.25%	-35.25%	-31.38%	-18.03%	-26.15%	-17.66%	-22.88%	-6.54%	-13.88%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-3.47	0.00	-6.36	-4.12	-3.47	-2.31	-1.49	-2.70	-3.20	-0.89	-1.56
NOPAT to Interest Expense	-1.96	0.00	-4.12	-2.70	-2.60	-1.68	-1.08	-1.95	-1.57	-1.65	-1.27
EBIT Less CapEx to Interest Expense	-3.47	0.00	-14.64	1.90	-0.22	-6.05	0.09	0.09	-2.27	9.68	-2.58
NOPAT Less CapEx to Interest Expense	-1.96	0.00	-12.40	3.33	0.65	-5.42	0.50	0.83	-0.63	8.92	-2.29
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	-100.55%	-43.15%	-22.01%	-21.18%	-19.48%	-5.67%	-39.03%	-38.29%	-44.56%	-76.72%
Augmented Payout Ratio	0.00%	-106.51%	-48.22%	-23.92%	-22.83%	-19.48%	-5.67%	-39.03%	-38.29%	-44.56%	-76.72%

Financials Breakdown Chart

flyExclusive Financials - Frequently Asked Questions

According to the most recent income statement we have on file, flyExclusive's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

flyExclusive's net income appears to be on an upward trend, with a most recent value of -$67.11 million in 2025, rising from -$4.15 million in 2022. The previous period was -$101.50 million in 2024. See flyExclusive's forecast for analyst expectations on what's next for the company.

flyExclusive's total operating income in 2025 was -$47.23 million, based on the following breakdown:

Total Gross Profit: $56.25 million
Total Operating Expenses: $103.49 million

Over the last 3 years, flyExclusive's total revenue changed from $320.04 million in 2022 to $375.88 million in 2025, a change of 17.4%.

flyExclusive's total liabilities were at $524.27 million at the end of 2025, a 4.7% decrease from 2024, and a 3,257.3% increase since 2021.

In the past 4 years, flyExclusive's cash and equivalents has ranged from $319.22 thousand in 2021 to $31.69 million in 2024, and is currently $29.34 million as of their latest financial filing in 2025.

Over the last 3 years, flyExclusive's book value per share changed from -0.18 in 2022 to -4.05 in 2025, a change of 2,126.3%.

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Financial statements for NYSE:FLYX last updated on 7/9/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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flyExclusive (FLYX) Financials

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flyExclusive Financials - Frequently Asked Questions

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flyExclusive (FLYX) Financials

Annual Income Statements for flyExclusive

Quarterly Income Statements for flyExclusive

Annual Cash Flow Statements for flyExclusive

Quarterly Cash Flow Statements for flyExclusive

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Financials Breakdown Chart

flyExclusive Financials - Frequently Asked Questions

When does flyExclusive's fiscal year end?

How has flyExclusive's net income changed over the last 3 years?

What is flyExclusive's operating income?

How has flyExclusive's revenue changed over the last 3 years?

How much debt does flyExclusive have?

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How has flyExclusive's book value per share changed over the last 3 years?

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