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Flyte Aviation (VTAK) Q3 2025 earnings results (third quarter 2025)

10-Q filed Nov 13, 2025

Flyte Aviation (VTAK) reported revenue of $226K for the third quarter 2025 (Q3 2025), +135% from a year earlier and +7% from the quarter before.

Revenue$226K
Year over year+135%
Quarter over quarter+7%
Operating margin—
Net earnings−$2.3M

Flyte Aviation, Q3 2025: revenue $226K (+135% year over year), net loss $2.3M, operating cash flow −$2.2M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$226K+7%+135%
Operating profit−$3.0M——
Net earnings−$2.3M——
Operating cash flow−$2.2M——

What changed

Revenue was $226K in Q3 2025, up 135% year over year and up 7% from the previous quarter.

Gross margin was 92.0%, up 2.5 points from a year earlier. Operating costs exceeded revenue by $3.0M, an operating margin of -1336.7%. Operating expenses grew 10% against revenue growth of 135%. The fastest-growing cost line was Research & development (+338%). The quarter ended with a net loss of $2.3M, narrower than the previous quarter's $5.5M loss. Minority interests bore $93K of it: to shareholders the quarter was a loss of $2.3M. Non-operating items added $755K, -33% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was −$2.2M. Non-cash charges added back $572K of depreciation and amortization and $70K of share-based compensation. Working capital and other items used $481K.

Questions

What was Flyte Aviation's revenue in the third quarter 2025?

Flyte Aviation (VTAK) reported revenue of $226K for the third quarter 2025 (Q3 2025), +135% from a year earlier and +7% from the quarter before.

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Source: Flyte Aviation 10-Q on SEC EDGAR.