flyExclusive Inc. (FLYX)

flyExclusive, Inc. owns and operates jet aircraft in North America. The company also offers jet charter services; aircraft maintenance, modification, repair, inspection, overhaul operation services; interior and exterior refurbishment services; and aircraft management services, as well as wholesale and retail ad hoc flights, a jet club program, partnership program, fractional program, and other services. flyExclusive, Inc. is based in Raleigh, North Carolina.

Ticker: FLYX
Exchange: NYSE
Sector: Industrials
Industry: Airlines
Market cap: $119.44M
52-week range: $0.80 - $8.88

Valuation

Share price: $1.17 (close of Nov 6, 2026)
P/E (TTM): -1.50x
Price to book: -0.55x
Price to free cash flow: -4.42x
Enterprise value: $334.96M
Book value per share: $-2.12

Price performance

Period	Change
1 day	+14.71%
5 days	+1.74%
1 month	-5.65%
3 months	-4.88%
6 months	-53.01%
Year to date	-71.53%
1 year	-69.69%
All time	-78.73%

Short interest

As of: Oct 15, 2026
Short % of float: 14.87%
Shares short: 2.39M
Days to cover: 10.25
Change since prior report: -6.51%
Source: FINRA consolidated short interest

Profitability and growth

Return on assets: -4.00%
Return on capital employed: -27.78%
Gross margin: 14.97%
Net margin: -4.68%
EBITDA margin: -6.29%
Revenue growth: 14.85%

Cash flow and balance sheet

Free cash flow yield (TTM): -22.64%
Current ratio: 0.23x
Net debt to EBITDA: -26.94x

Latest reported year

Period end: Dec 31, 2025
Fiscal year: 2025
Revenue: $375.88M
Cost of revenue: $319.63M
Gross profit: $56.25M
EBITDA: -$23.65M
Net income: -$17.59M
Earnings per share: $-1.01
Interest expense: $21.39M
Shares outstanding: 27.24M

Income statement by year

Period end	Revenue	Gross profit	Net income	EPS
2025-12-31	$375.88M	$56.25M	-$17.59M	-$1.01
2024-12-31	$327.27M	$37.06M	-$21.07M	-$1.07
2023-12-31	$315.36M	$51.19M	-$46.84M	-$2.81
2023-12-27	$315.36M	$51.19M	-$47.13M	-$2.83
2022-12-31	$320.04M	$64.60M	$6.05M	$0.13
2021-12-31	$208.28M	-	$8.09M	-
2020-12-31	$121.04M	-	$7.03M	-

Margins and returns by year

Period end	Gross margin	Net margin	Return on equity	Return on capital
2025-12-31	14.97%	-4.68%	-	-
2024-12-31	11.32%	-6.44%	-	-78.39%
2023-12-31	16.23%	-14.85%	-66.10%	-9.73%
2023-12-27	16.23%	-14.95%	-66.52%	-9.73%
2022-12-31	20.19%	1.89%	-	-4.28%
2021-12-31	-	3.88%	-	-
2020-12-31	-	5.81%	-	-

Cash and debt by year

Period end	Cash	Debt
2025-12-31	$29.34M	$108.94M
2024-12-31	$31.69M	$188.91M
2023-12-31	$11.63M	$166.82M
2022-12-31	$23.18M	$222.32M
2021-12-31	$319.22K	-

Free cash flow by year

Period end	Free cash flow	Stock-based compensation
2025-12-31	-$24.25M	$4.48M
2024-12-31	-$67.59M	$753.00K
2023-12-31	-$74.97M	$882.00K
2022-12-31	-$100.33M	-
2021-12-31	-$8.74M	-
2020-12-31	-$6.55M	-

Investor relations

Next earnings report

Next confirmed report: Nov 11, 2026

Past earnings dates

Reported	Fiscal period	EPS estimate
2026-08-12	Jun 2026	-
2026-05-11	Mar 2026	-
2026-03-05	Dec 2025	-
2025-11-12	Sep 2025	-
2025-08-13	Jun 2025	-
2025-05-13	Mar 2025	-
2025-03-24	Dec 2024	-
2024-11-14	Sep 2024	-

Filings and sources

Company website: flyexclusive.com
SEC filings: 10-K, 10-Q and 8-K on EDGAR
Earnings calendar: All upcoming reports

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Price-to-earnings ratio · Short interest · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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