Filing Flows › Flyte Aviation (VTAK) › Q2 2025
Flyte Aviation (VTAK) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 11, 2025
Flyte Aviation (VTAK) reported revenue of $212K for the second quarter 2025 (Q2 2025), +128% from a year earlier and +48% from the quarter before.
Flyte Aviation, Q2 2025: revenue $212K (+128% year over year), net loss $5.5M, operating cash flow −$2.3M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $212K | +48% | +128% |
| Operating profit | −$4.7M | — | — |
| Net earnings | −$5.5M | — | — |
| Operating cash flow | −$2.3M | — | — |
What changed
Revenue was $212K in Q2 2025, up 128% year over year and up 48% from the previous quarter.
Gross margin was 93.4%, up 10.6 points from a year earlier. Operating costs exceeded revenue by $4.7M, an operating margin of -2210.4%. Operating expenses grew 75% against revenue growth of 128%. The fastest-growing cost line was Research & development (+91%). The quarter ended with a net loss of $5.5M, wider than the previous quarter's $4.0M loss. Minority interests bore $349K of it: to shareholders the quarter was a loss of $5.1M.
Operating cash flow was −$2.3M. Non-cash charges added back $485K of depreciation and amortization and $98K of share-based compensation. Working capital and other items added $2.6M. Capital expenditures of $7K exceeded it, leaving free cash flow of −$2.3M.
Questions
What was Flyte Aviation's revenue in the second quarter 2025?
Flyte Aviation (VTAK) reported revenue of $212K for the second quarter 2025 (Q2 2025), +128% from a year earlier and +48% from the quarter before.
Source: Flyte Aviation 10-Q on SEC EDGAR.