Filing Flows › Flyte Aviation (VTAK) › Q4 2025
Flyte Aviation (VTAK) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 31, 2026
Flyte Aviation (VTAK) reported revenue of $238K for the fourth quarter 2025 (Q4 2025), +60% from a year earlier and +5% from the quarter before.
Flyte Aviation, Q4 2025: revenue $238K (+60% year over year), net loss $5.8M, operating cash flow −$1.5M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $238K | +5% | +60% |
| Operating profit | −$9.9M | — | — |
| Net earnings | −$5.8M | — | — |
| Operating cash flow | −$1.5M | — | — |
What changed
Revenue was $238K in Q4 2025, up 60% year over year and up 5% from the previous quarter.
Gross margin was 91.6%, down 1.0 points from Q4 2024. Operating costs exceeded revenue by $9.9M, an operating margin of -4143.3%. Operating expenses grew 216% against revenue growth of 60%. The fastest-growing cost line was Research & development (+260%). The quarter ended with a net loss of $5.8M, wider than the previous quarter's $2.3M loss. Minority interests bore $70K of it: to shareholders the quarter was a loss of $5.8M. Non-operating items added $3.8M, -63% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$1.5M. Non-cash charges added back $527K of depreciation and amortization and $79K of share-based compensation. Working capital and other items added $3.7M.
Questions
What was Flyte Aviation's revenue in the fourth quarter 2025?
Flyte Aviation (VTAK) reported revenue of $238K for the fourth quarter 2025 (Q4 2025), +60% from a year earlier and +5% from the quarter before.
Source: Flyte Aviation 10-K on SEC EDGAR.