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
DateValue
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%