Filing Flows › Fly-E Group (FLYE) › Q2 FY26
Fly-E Group (FLYE) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Dec 18, 2025
Fly-E Group (FLYE) reported revenue of $3.9M for the second quarter fiscal 2026 (Q2 FY26), -43% from a year earlier and -27% from the quarter before. Operating margin was -26.8%, net loss $1.8M (45.4% of revenue).
Fly-E Group, Q2 FY26: revenue $3.9M (-43% year over year), operating margin -26.8%, net loss $1.8M, operating cash flow −$2.4M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.9M | -27% | -43% |
| Operating profit | −$1.0M | — | — |
| Net earnings | −$1.8M | — | — |
| Operating cash flow | −$2.4M | — | — |
What changed
Revenue was $3.9M in Q2 FY26, down 43% year over year and down 27% from the previous quarter. Retail was the largest line at 52% of revenue. Retail lost $3.9M year over year (down 66%), 134% of the total change.
Gross margin was 25.0%, down 17.6 points from a year earlier. Operating costs exceeded revenue by $1.0M, an operating margin of -26.8%. Operating expenses fell 51% while revenue fell 43%. The quarter ended with a net loss of $1.8M, narrower than the previous quarter's $2.0M loss.
Operating cash flow was −$2.4M. Non-cash charges added back $232K of depreciation and amortization. Working capital and other items used $879K. Capital expenditures of −$97K exceeded it, leaving free cash flow of −$2.3M.
Questions
What was Fly-E Group's revenue in the second quarter fiscal 2026?
Fly-E Group (FLYE) reported revenue of $3.9M for the second quarter fiscal 2026 (Q2 FY26), -43% from a year earlier and -27% from the quarter before.
Was Fly-E Group profitable in the second quarter fiscal 2026?
Operating loss was $1.0M (-26.8% of revenue) and net loss $1.8M.
Source: Fly-E Group 10-Q on SEC EDGAR.