Quarterly ResultAug 12, 2026, 08:32 AM
flyExclusive Q2 Revenue $111.12M; Net Loss $(7.38)M
AI Summary
flyExclusive reported increased revenue for the second quarter of 2026, reaching $111.12 million, up from $91.33 million in the same period last year. However, the company's net loss attributable to flyExclusive, Inc. widened to $(7.38) million from $(4.76) million year-over-year. The company continues to operate with a significant working capital deficit of $214.57 million and an accumulated deficit of $456.98 million, indicating ongoing liquidity challenges despite an improvement in operating cash flows.
Key Highlights
- Revenue for Q2 2026 increased to $111.12 million from $91.33 million in Q2 2025.
- Net loss attributable to flyExclusive, Inc. for Q2 2026 was $(7.38) million, compared to $(4.76) million in Q2 2025.
- Basic and Diluted Loss Per Share for Q2 2026 was $(0.16), compared to $(0.26) in Q2 2025.
- Cash and cash equivalents stood at $14.24 million as of June 30, 2026, down from $29.34 million at December 31, 2025.
- The company reported a working capital deficit of $214.57 million as of June 30, 2026.
- Net cash flows from operating activities were $2.13 million for the six months ended June 30, 2026, an improvement from $(10.10) million in the prior year period.
Price Impact
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