Fly-E (FLYE) Operating Leases (2023 - 2026)

Fly-E (FLYE) posted quarterly Operating Leases of $3.3 million for Q1 2026, down 63.74% year-over-year from $9.1 million in Q1 2025, and down 10.53% quarter-over-quarter from $3.7 million in Q4 2025.

Fly-E (FLYE) Operating Leases (2023 - 2026) Analysis & Trends

Fly-E (FLYE) has reported Operating Leases for 4 consecutive years, with $3.3 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Operating Leases fell 63.74% year-over-year to $3.3 million; the TTM figure through Mar 2026 stood at $3.3 million (down 63.74% YoY), while the FY2026 annual figure was $3.3 million, down 63.74% from the prior year.
  • Operating Leases declined to $3.3 million in Q1 2026 per FLYE's latest filing, from $3.7 million in the prior quarter.
  • Across five years, Operating Leases topped out at $14.0 million in Q1 2024 and bottomed at $3.3 million in Q1 2026.
  • Historically, Operating Leases has averaged $9.1 million across 4 years, with a median of $9.0 million in 2023.
  • Annual changes were most pronounced in 2024 — Operating Leases jumped 55.77% — and 2025, when it slumped 69.63%.
  • Fly-E's Operating Leases stood at $9.0 million in 2023, then jumped by 35.35% to $12.2 million in 2024, then plunged by 69.63% to $3.7 million in 2025, then dropped by 10.53% to $3.3 million in 2026.
  • Business Quant data shows FLYE's Operating Leases at $3.3 million in Q1 2026, $3.7 million in Q4 2025, and $5.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Tesla 1,062.42 Bn 1,018.89 Bn 4.75 Bn
2 Toyota Motor 248.02 Bn 113.80 Bn 12.27 Bn
3 Honda Motor 127.13 Bn 92.93 Bn -34.06 Bn
4 Ford Motor 81.51 Bn 50.18 Bn 6.08 Bn
5 General Motors 78.38 Bn 53.66 Bn 7.33 Bn
6 Li Auto 26.25 Bn 12.80 Bn 262.11 Mn
7 Xpeng 23.13 Bn 20.59 Bn 388.90 Mn
8 Rivian Automotive 21.08 Bn 15.77 Bn 179.00 Mn
9 Stellantis 16.04 Bn -25.41 Bn 5.55 Bn
10 Fly-E 1.91 Mn 1.65 Mn 372,652.00

Historic Data

Download Data
DateValue
Mar 31, 2026 3.30 Mn
Dec 31, 2025 3.69 Mn
Sep 30, 2025 5.72 Mn
Jun 30, 2025 7.22 Mn
Mar 31, 2025 9.11 Mn
Dec 31, 2024 12.15 Mn
Sep 30, 2024 13.29 Mn
Jun 30, 2024 13.68 Mn
Mar 31, 2024 13.99 Mn
Mar 31, 2023 8.98 Mn