Fly-E (FLYE) Operating Expenses (2023 - 2025)
Fly-E (FLYE) posted quarterly Operating Expenses of $2.6 million for Q4 2025, down 25.58% YoY from $3.5 million in Q4 2024, and up 28.67% sequentially from $2.0 million in Q3 2025.
Fly-E (FLYE) Operating Expenses (2023 - 2025) Analysis & Trends
Fly-E has disclosed Operating Expenses across 3 years of filings, most recently posting $2.6 million for Q4 2025.
- In Q4 2025, Operating Expenses fell 25.58% year-over-year to $2.6 million; the TTM figure through Dec 2025 stood at $12.6 million (down 4.48% YoY), while the FY2025 annual figure was $15.0 million, up 52.46% from the prior year.
- Operating Expenses grew to $2.6 million in Q4 2025, from $2.0 million in the prior quarter.
- Over the last five years, Operating Expenses for FLYE reached as high as $4.2 million in Q1 2025 and fell as low as $2.0 million in Q2 2023.
- The 3-year median for Operating Expenses is $2.8 million (2023), against an average of $3.0 million.
- The widest YoY moves for Operating Expenses: up 73.65% in 2025, down 51.04% in 2025.
- A 3-year view of Operating Expenses shows it stood at $2.8 million in 2023, then advanced by 26.0% to $3.5 million in 2024, then retreated by 25.58% to $2.6 million in 2025.
- According to Business Quant data, Operating Expenses over the past three periods registered $2.6 million, $2.0 million, and $3.8 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,375.42 Bn | 1,330.73 Bn | 4.72 Bn | 3.78 Bn |
| 2 | Ford Motor | 78.30 Bn | 47.85 Bn | 7.94 Bn | 40.92 Bn |
| 3 | General Motors | 68.82 Bn | 46.43 Bn | 4.32 Bn | 40.70 Bn |
| 4 | Xpeng | 40.80 Bn | 38.26 Bn | 388.90 Mn | -660.64 Mn |
| 5 | Rivian Automotive | 21.46 Bn | 16.65 Bn | 119.00 Mn | 1.00 Bn |
| 6 | Li Auto | 12.40 Bn | -965.30 Mn | 262.11 Mn | -696.85 Mn |
| 7 | Nio | 12.31 Bn | 9.20 Bn | 704.43 Mn | -749.20 Mn |
| 8 | VinFast Auto | 7.23 Bn | 91,500.01 Bn | -17,004.89 Bn | -3,574.44 Bn |
| 9 | Lucid | 2.18 Bn | 1.48 Bn | -311.71 Mn | 1.27 Bn |
| 10 | Fly-E | 3.72 Mn | 3.43 Mn | 1.05 Mn | 2.61 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 2.61 Mn |
| Sep 30, 2025 | 2.02 Mn |
| Jun 30, 2025 | 3.77 Mn |
| Mar 31, 2025 | 4.23 Mn |
| Dec 31, 2024 | 3.50 Mn |
| Sep 30, 2024 | 4.14 Mn |
| Jun 30, 2024 | 3.15 Mn |
| Mar 31, 2024 | 2.44 Mn |
| Dec 31, 2023 | 2.78 Mn |
| Sep 30, 2023 | 2.68 Mn |
| Jun 30, 2023 | 1.96 Mn |