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flyExclusive

FLYX

flyExclusive is a vertically integrated private aviation company that operates one of the largest fleets of owner-operated jet aircraft in the United States.

Market cap
$60.07M+37.7%
Revenue$384.1M+14.5%
Net income-$18.7M+9.6%
Free cash flow-$45.7M+60.6%
EPS (diluted)-$0.89+23.3%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 13, 2026 (In 1 week)
Revenue estimate$98.2M
EPS estimate-$0.13

Financials

Q1 2026

Income statement

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Revenue$96.4M+9.3%
Gross profit$19.1M+68.9%
Operating income-$9.6M+34.7%
Net income-$6.5M-19.3%
EPS (diluted)-$0.17+43.3%

Balance sheet

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Cash & equivalents$18.7M+26.5%
Total debt$208.7M-8.1%
Total equity-$221.8M+21.2%
Total assets$449.3M-3.7%

Cash flow

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Operating cash flow-$617.0K+94.1%
CapEx$13.7M+234%
Free cash flow-$14.3M+1.7%

Valuation & ratios

Valuation

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Market cap$60.07M+37.7%
Enterprise value$250.14M-0.4%
P/S0.2×0.0×

Profitability

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Gross margin16.7%+4.0pp
Operating margin-11%-3.5pp
Net margin-4.9%-0.8pp

Returns & leverage

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Current ratio0.2×0.0×

Segments

By product

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Passenger$92.2M+11.5%
Maintenance Repair And Overhaul$2.0M+14.0%
Fractional Ownership Purchase Price$1.9M+5.0%
Management Service$335.0K-56.2%
Membership-$116.0K-111%

By segment

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Reportable$96.4M+9.3%

Competitors

Profile

flyExclusive is a vertically integrated private aviation company that operates one of the largest fleets of owner-operated jet aircraft in the United States. The company provides a comprehensive suite of services including private jet charter, membership programs, fractional ownership, and aircraft maintenance. Its core value proposition centers on high fleet availability and consistent service quality through in-house maintenance and pilot training operations.

Competitive position

The company is the third largest private jet operator in the United States and distinguishes itself through a highly vertically integrated model that minimizes reliance on third-party operators.

GeographiesUnited States, International
Customer segmentsB2C, B2B, High-net-worth individuals
Business modelAsset-heavy, Subscription membership, Fractional ownership, Service-based
SuppliersAircraft manufacturers, Jet fuel suppliers, Avionics technology providers, Pilot training simulator manufacturers
CustomersPrivate travelers, Corporate flight departments, Third-party charter brokers, External aircraft owners
Listed2023
CEOThomas James Segrave Jr.
FilingsSEC EDGAR

FAQ

What is flyExclusive's market cap?
flyExclusive (FLYX) has a market capitalization of $60.1M and trades on AMEX.
What is flyExclusive's revenue and profitability?
flyExclusive generated $384.1M in trailing twelve-month revenue with a net loss of $18.7M, representing a net margin of -4.9%. Gross margin stands at 16.7%, with free cash flow of -$45.7M. These figures are based on the Q1 2026 filing.
Who are flyExclusive's competitors?
flyExclusive's key competitors include Wheels Up Experience Inc., Volato Group, Inc., Jet.AI Inc. Common Stock, and others. These companies compete in similar markets and product categories.
Who does flyExclusive partner with?
flyExclusive's notable partners include Volato Group, Inc., Textron Aviation, Starlink, and others.
What subsidiaries does flyExclusive have?
flyExclusive's subsidiaries include LGM Enterprises, LLC, Exclusive Jets, LLC.
Where is flyExclusive headquartered?
flyExclusive is headquartered in United States of America. It has been publicly traded since 2023.