Filing Flows › Fly-E Group (FLYE) › Q3 FY26
Fly-E Group (FLYE) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Apr 21, 2026
Fly-E Group (FLYE) reported revenue of $2.6M for the third quarter fiscal 2026 (Q3 FY26), -53% from a year earlier and -32% from the quarter before. Operating margin was -58.8%, net loss $1.9M (72.6% of revenue).
Fly-E Group, Q3 FY26: revenue $2.6M (-53% year over year), operating margin -58.8%, net loss $1.9M, operating cash flow −$6.3M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.6M | -32% | -53% |
| Operating profit | −$1.6M | — | — |
| Net earnings | −$1.9M | — | — |
| Operating cash flow | −$6.3M | — | — |
What changed
Revenue was $2.6M in Q3 FY26, down 53% year over year and down 32% from the previous quarter. Revenueswholesale was the largest line at 68% of revenue. Retail lost $4.3M year over year (down 87%), 141% of the total change.
Gross margin was 39.6%, down 5.5 points from Q3 FY25. Operating costs exceeded revenue by $1.6M, an operating margin of -58.8%. Operating expenses fell 26% while revenue fell 53%. The quarter ended with a net loss of $1.9M, wider than the previous quarter's $1.8M loss.
Operating cash flow was −$6.3M. Non-cash charges added back $194K of depreciation and amortization. Working capital and other items used $4.5M. Capital expenditures of $25K exceeded it, leaving free cash flow of −$6.3M.
Questions
What was Fly-E Group's revenue in the third quarter fiscal 2026?
Fly-E Group (FLYE) reported revenue of $2.6M for the third quarter fiscal 2026 (Q3 FY26), -53% from a year earlier and -32% from the quarter before.
Was Fly-E Group profitable in the third quarter fiscal 2026?
Operating loss was $1.6M (-58.8% of revenue) and net loss $1.9M.
Source: Fly-E Group 10-Q on SEC EDGAR.