Filing Flows › Flyexclusive (FLYX) › Q3 2025
Flyexclusive (FLYX) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 12, 2025
Flyexclusive (FLYX) reported revenue of $92.1M for the third quarter 2025 (Q3 2025), +20% from a year earlier and +0.9% from the quarter before. Operating margin was -12.3%, net loss $21.1M (22.9% of revenue).
Flyexclusive, Q3 2025: revenue $92.1M (+20% year over year), operating margin -12.3%, net loss $21.1M, operating cash flow −$209K. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $92.1M | +0.9% | +20% |
| Operating profit | −$11.3M | — | — |
| Net earnings | −$21.1M | — | — |
| Operating cash flow | −$209K | -158% | — |
What changed
Revenue was $92.1M in Q3 2025, up 20% year over year and up 1% from the previous quarter.
Operating costs exceeded revenue by $11.3M, an operating margin of -12.3%. Total costs grew 6% against revenue growth of 20%. The fastest-growing cost line was Cost of revenue (+17%). The quarter ended with a net loss of $21.1M, wider than the previous quarter's $16.1M loss. Minority interests bore $16.8M of it: to shareholders the quarter was a loss of $4.3M.
Operating cash flow was −$209K. Non-cash charges added back $6.5M of depreciation and amortization and $828K of share-based compensation. Working capital and other items added $13.5M. Capital expenditures of $10.8M exceeded it, leaving free cash flow of −$11.0M.
Questions
What was Flyexclusive's revenue in the third quarter 2025?
Flyexclusive (FLYX) reported revenue of $92.1M for the third quarter 2025 (Q3 2025), +20% from a year earlier and +0.9% from the quarter before.
Was Flyexclusive profitable in the third quarter 2025?
Operating loss was $11.3M (-12.3% of revenue) and net loss $21.1M.
Source: Flyexclusive 10-Q on SEC EDGAR.