FLYX · Flyexclusive Inc. · Financials
Substantial doubt about the company's ability to continue as a going concern.
“During the six months ended June 30, 2026, the Company incurred net losses and has operated with a working capital deficit. To date, the Company has financed its operations primarily through a combination of operating cash flows, the sale of equity securities and convertible debt, and borrowings under loan facilities. At June 30, 2026, the Company had an accumulated deficit of $456,984 and a working capital deficit, as defined by a shortfall of current assets as compared with current liabilities, of $214,565 and $195,578 as of June 30, 2026 and December 31, 2025, respectively. The Company's net losses were $24,836 and $39,176 for the six months ended June 30, 2026 and 2025, respectively. Net cash flows provided by (used in) operating activities were $2,129 and $(10,101) for the six months ended June 30, 2026 and 2025, respectively.”View the 10-Q filed Aug 12, 2026
Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|
| $403.89M | $375.88MG | $327.27M | $315.36M | $320.04M | |
| $330.89M | $319.63M | $290.21M | $264.18M | $255.44M | |
| $73.01M | $56.25M | $37.06M | $51.19M | $64.6M | |
| — | 14.97% | 11.32% | 16.23% | 20.19% | |
| $86.29M | $82.59M | $91.34M | $75.43M | $53.79M | |
| — | — | $294K | $1M | $898K | |
| $22.2M | $23.59M | $25.71M | $26.98M | $23.11M | |
| $439.41M | $423.11M | $410.05M | $352.68M | $332.35M | |
| -$35.51M | -$47.23M | -$82.78M | -$37.32M | -$12.31M | |
| — | -12.57% | -25.29% | -11.83% | -3.85% | |
| -$13.31M | -$23.65M | -$57.07M | -$10.34M | $10.81M | |
| $22.53M | $21.4M | $21.18M | $22.22M | $8.29M | |
| $645K | $1.37M | $4.31M | $4.63M | $782K | |
| -$17.16M | -$19.84M | -$18.68M | -$17.42M | $8.16M | |
| -$52.68M | -$67.08M | -$101.45M | -$54.74M | -$4.15M | |
| $97K | $37K | $41K | $0 | $0 | |
| -$21.26M | -$17.59M | -$21.07M | -$46.84M | $6.05M | |
| — | -4.68% | -6.44% | -14.85% | 1.89% | |
| $2.79M | $1.01M | -$7.04M | -$8.98M | -$10.2M | |
| -$29.61M | -$27.56M | -$25.57M | -$46.84M | — | |
| -$21.31M | -$17.59M | -$21.06M | -$46.43M | $5.57M | |
| USD/shares | -$0.78 | -$1.01 | -$1.07 | — | — |
| USD/shares | -$0.78 | -$1.01 | -$1.07 | — | — |
| shares | — | 27.24M | 23.81M | — | — |
| shares | — | 27.24M | 23.81M | — | — |
Debt Profile
Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.
Reported debt balances
Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.
| Reported balance | As of | Amount | Source |
|---|---|---|---|
| Finance lease liabilities | 2026-06-30 | USD 29,075,000 | 10-Q filed 2026-08-12 |
Related accounting measures — not additional borrowingCarrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.
| |||
| Long-term debt, including current maturities | 2026-06-30 | USD 103,863,000 | 10-Q filed 2026-08-12 |
| Operating lease liabilities | 2026-06-30 | USD 55,911,000 | 10-Q filed 2026-08-12 |
Related accounting measures — not additional borrowingCarrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.
| |||
| Short-term borrowings | 2026-06-30 | USD 6,917,000 | 10-Q filed 2026-08-12 |
Related accounting measures — not additional borrowingCarrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.
| |||
Covenants
Covenant terms have not yet been verified for this profile.
The balance figures do not establish whether covenants apply or whether the company complies with them.
Loans, facilities and notes
The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
Peer medians compare against the 5 similar-size Airlines companies (of 16 listed).
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Reportable Segment | $375,877,000 | $327,274,000 | $315,362,000 |