Filing Flows › Flyexclusive (FLYX) › Q1 2026
Flyexclusive (FLYX) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 11, 2026
Flyexclusive (FLYX) reported revenue of $96.3M for the first quarter 2026 (Q1 2026), +9% from a year earlier and -8% from the quarter before. Operating margin was -10.0%, net loss $13.4M (13.9% of revenue).
Flyexclusive, Q1 2026: revenue $96.3M (+9% year over year), operating margin -10.0%, net loss $13.4M, operating cash flow −$617K. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $96.3M | -8% | +9% |
| Operating profit | −$9.6M | — | — |
| Net earnings | −$13.4M | — | — |
| Operating cash flow | −$617K | -104% | — |
What changed
Revenue was $96.3M in Q1 2026, up 9% year over year and down 8% from the previous quarter.
Operating costs exceeded revenue by $9.6M, an operating margin of -10.0%. Total costs grew 3% against revenue growth of 9%. The fastest-growing cost line was Other operating costs (+19%). The quarter ended with a net loss of $13.4M, wider than the previous quarter's $6.9M loss. Minority interests bore $6.9M of it: to shareholders the quarter was a loss of $6.5M.
Operating cash flow was −$617K. Non-cash charges added back $5.2M of depreciation and amortization and $1.6M of share-based compensation. Working capital and other items added $5.9M. Capital expenditures of $13.7M exceeded it, leaving free cash flow of −$14.3M.
Questions
What was Flyexclusive's revenue in the first quarter 2026?
Flyexclusive (FLYX) reported revenue of $96.3M for the first quarter 2026 (Q1 2026), +9% from a year earlier and -8% from the quarter before.
Was Flyexclusive profitable in the first quarter 2026?
Operating loss was $9.6M (-10.0% of revenue) and net loss $13.4M.
Source: Flyexclusive 10-Q on SEC EDGAR.