| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 111.12 | 15.3% | 21.7% |
| Total Income | 111.12 | 15.3% | 21.7% |
| Expenditure | 116.88 | 10.3% | 12.7% |
| PBT | -11.41 | 14.7% | 29.3% |
| Net Profit | -7.38 | 13.5% | 55.0% |
| OPM | -5.17% | 4.82pp | 8.36pp |
| NPM | -6.64% | 0.11pp | 1.42pp |
| EPS | -0.16 | 5.9% | 38.5% |
flyExclusive Reports Q2 2026 Results with 22% YoY Revenue Growth and Positive Adjusted EBITDA
12 Aug 2026 · 12 Aug, 6:02 pm
Summary
flyExclusive, Inc. announced strong Q2 2026 financial results, with consolidated revenue reaching $111 million, a 22% increase year-over-year. Gross profit surged by 65% to $20 million, and the company achieved a positive Adjusted EBITDA of $4.2 million. Management highlighted the structurally improved model, driven by an 8% growth in flight hours despite a 6% reduction in the aircraft fleet, and significant improvements in dispatch availability. The company also reported strong growth in its MRO segment and continued progress in strengthening its balance sheet through debt reduction.
Key Highlights
- 1
flyExclusive reported $111 million in consolidated revenue for Q2 2026, marking a 22% year-over-year increase.
- 2
The company achieved a 65% year-over-year increase in gross profit, reaching $20 million.
- 3
Adjusted EBITDA turned positive at $4.2 million for Q2 2026, a significant improvement from the prior year.
- 4
Flight hours grew by 8% with a 6% reduction in the aircraft fleet, indicating improved efficiency.
- 5
Dispatch availability saw a substantial year-over-year improvement of 1,013 basis points.
- 6
MRO revenue experienced a 52% year-over-year growth.
- 7
The company reduced its long-term notes payable by $94 million since 2024.
Management Comments
Thomas James Segrave
Jr.
flyExclusive well-positioned to benefit and capture market share. Fleet Refresh and Continually Improving Operating Efficiencies leading to top- and bottom-line records. Fleet Refresh and operational improvements resulting in improved utilization and more efficient fleet. Fleet Refresh resulting in improved utilization and more efficient fleet. Fleet Refresh and Continually Improving Operating Efficiencies leading to top- and bottom-line gains. Fleet Refresh resulting in improved utilization and more efficient fleet. Aggressive de-leveraging of the balance sheet while maintaining liquidity.
Informational and educational content only. Not investment advice.