Fly-E (FLYE) Gross Margin (2023 - 2025)
Fly-E (FLYE) posted quarterly Gross Margin of 39.58% for Q4 2025, down 553.0% YoY from 8.74% in Q4 2024, and up 58.43% sequentially from 24.98% in Q3 2025.
Fly-E (FLYE) Gross Margin (2023 - 2025) Analysis & Trends
Fly-E has disclosed Gross Margin across 3 years of filings, most recently posting 39.58% for Q4 2025.
- In Q4 2025, Gross Margin fell 553.0% year-over-year to 39.58%; the TTM figure through Dec 2025 stood at 36.44% (down 635.0% YoY), while the FY2025 annual figure was 41.1%, up 40.0% from the prior year.
- Gross Margin improved to 39.58% in Q4 2025, from 24.98% in the prior quarter.
- Over the last five years, Gross Margin for FLYE reached as high as 45.11% in Q4 2024 and fell as low as 24.98% in Q3 2025.
- The 3-year median for Gross Margin is 40.02% (2023), against an average of 39.43%.
- Annual changes were most pronounced in 2024 — Gross Margin surged 508 bps — and 2025, when it plunged 1758 bps.
- A 3-year view of Gross Margin shows it stood at 40.02% in 2023, then advanced by 13 bps to 45.11% in 2024, then dropped by 12 bps to 39.58% in 2025.
- According to Business Quant data, Gross Margin over the past three periods registered 39.58%, 24.98%, and 42.44% for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,375.42 Bn | 1,330.73 Bn | 4.72 Bn | 21.08% |
| 2 | Ford Motor | 78.30 Bn | 47.85 Bn | 7.94 Bn | 18.36% |
| 3 | General Motors | 68.82 Bn | 46.43 Bn | 4.32 Bn | 10.98% |
| 4 | Xpeng | 40.80 Bn | 38.26 Bn | 388.90 Mn | 20.58% |
| 5 | Rivian Automotive | 21.46 Bn | 16.65 Bn | 119.00 Mn | 8.62% |
| 6 | Li Auto | 12.40 Bn | -965.30 Mn | 262.11 Mn | 7.87% |
| 7 | Nio | 12.31 Bn | 9.20 Bn | 704.43 Mn | 19.03% |
| 8 | VinFast Auto | 7.23 Bn | 91,500.01 Bn | -17,004.89 Bn | -73.58% |
| 9 | Lucid | 2.18 Bn | 1.48 Bn | -311.71 Mn | -110.35% |
| 10 | Fly-E | 3.72 Mn | 3.43 Mn | 1.05 Mn | 39.58% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 39.58% |
| Sep 30, 2025 | 24.98% |
| Jun 30, 2025 | 42.44% |
| Mar 31, 2025 | 37.33% |
| Dec 31, 2024 | 45.11% |
| Sep 30, 2024 | 42.56% |
| Jun 30, 2024 | 39.37% |
| Mar 31, 2024 | 44.67% |
| Dec 31, 2023 | 40.02% |
| Sep 30, 2023 | 42.92% |
| Jun 30, 2023 | 34.72% |