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
DateValue
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