Fly-E (FLYE) Gross Margin (2023 - 2026)
Fly-E (FLYE) posted quarterly Gross Margin of 5.19% for Q1 2026, down 3214.0% year-over-year from 0.17% in Q1 2025, and down 86.88% quarter-over-quarter from 39.58% in Q4 2025.
Fly-E (FLYE) Gross Margin (2023 - 2026) Analysis & Trends
Fly-E (FLYE) has reported Gross Margin for 4 consecutive years, with 5.19% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin fell 3214.0% year-over-year to 5.19%; the TTM figure through Mar 2026 stood at 24.44% (down 1666.0% YoY), while the FY2026 annual figure was 24.44%, down 1666.0% from the prior year.
- Gross Margin declined to 5.19% in Q1 2026 per FLYE's latest filing, from 39.58% in the prior quarter.
- Across five years, Gross Margin topped out at 45.11% in Q4 2024 and bottomed at 5.19% in Q1 2026.
- Historically, Gross Margin has averaged 36.57% across 4 years, with a median of 39.8% in 2023.
- Annual changes were most pronounced in 2024 — Gross Margin surged 508 bps — and 2026, when it sank 3214 bps.
- Fly-E's Gross Margin stood at 40.02% in 2023, then climbed by 13 bps to 45.11% in 2024, then declined by 12 bps to 39.58% in 2025, then slumped by 87 bps to 5.19% in 2026.
- Business Quant data shows FLYE's Gross Margin at 5.19% in Q1 2026, 39.58% in Q4 2025, and 24.98% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,062.42 Bn | 1,018.89 Bn | 4.75 Bn | 16.83% |
| 2 | Toyota Motor | 248.02 Bn | 113.80 Bn | 12.27 Bn | 16.11% |
| 3 | Honda Motor | 127.13 Bn | 92.93 Bn | -34.06 Bn | -4,972.01% |
| 4 | Ford Motor | 81.51 Bn | 50.18 Bn | 6.08 Bn | 12.59% |
| 5 | General Motors | 78.38 Bn | 53.66 Bn | 7.33 Bn | 15.26% |
| 6 | Li Auto | 26.25 Bn | 12.80 Bn | 262.11 Mn | 7.87% |
| 7 | Xpeng | 23.13 Bn | 20.59 Bn | 388.90 Mn | 20.58% |
| 8 | Rivian Automotive | 21.08 Bn | 15.77 Bn | 179.00 Mn | 10.80% |
| 9 | Stellantis | 16.04 Bn | -25.41 Bn | 5.55 Bn | 10.98% |
| 10 | Fly-E | 1.91 Mn | 1.65 Mn | 372,652.00 | 5.19% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.19% |
| 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% |