Flyexclusive (FLYX) Gross Margin (2023 - 2026)
Flyexclusive (FLYX) reported Gross Margin of 19.81% for Q1 2026, up 699.0% year-over-year from 2.48% in Q1 2025, and up 10.92% quarter-over-quarter from 17.86% in Q4 2025.
Flyexclusive (FLYX) Gross Margin (2023 - 2026) Analysis & Trends
Flyexclusive (FLYX) has 4 years of Gross Margin data on file, last reported at 19.81% in Q1 2026.
- Gross Margin for Q1 2026 came in at 19.81%, up 699.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 16.67% (up 397.0% YoY), and the FY2025 annual result was 14.97%, up 364.0% from the prior year.
- Gross Margin grew to 19.81% in Q1 2026 per FLYX's latest filing, from 17.86% in the prior quarter.
- Over five years, Gross Margin peaked at 35.14% in Q2 2023 and troughed at 2.04% in Q3 2023.
- A 4-year average of 13.77% and a median of 13.67% in 2025 frame the typical range for Gross Margin.
- On a YoY basis, Gross Margin climbed as much as 1333 bps in 2024 and fell as far as 2722 bps in 2024.
- A 4-year view of Gross Margin shows it stood at 7.05% in 2023, then surged by 154 bps to 17.93% in 2024, then decreased by 0 bps to 17.86% in 2025, then climbed by 11 bps to 19.81% in 2026.
- Business Quant data shows FLYX's Gross Margin at 19.81% in Q1 2026, 17.86% in Q4 2025, and 13.67% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryanair Holdings | 453.97 Bn | 448.50 Bn | 1.55 Bn | 52.58% |
| 2 | Delta Air Lines | 54.89 Bn | 49.84 Bn | 15.19 Bn | 95.80% |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 47.52 Bn | 46.49 Bn | -239.00 Mn | -314.47% |
| 4 | Southwest Airlines | 23.88 Bn | 20.55 Bn | 6.21 Bn | 85.69% |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn | 74.12% |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn | 97.00% |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn | 91.21% |
| 8 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 2.23 Bn | 2.23 Bn | - | - |
| 9 | Jetblue Airways | 2.11 Bn | -62.86 Mn | 1.87 Bn | 83.66% |
| 10 | Flyexclusive | 98.51 Mn | 87.04 Mn | 19.09 Mn | 19.81% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.81% |
| Dec 31, 2025 | 17.86% |
| Sep 30, 2025 | 13.67% |
| Jun 30, 2025 | 15.03% |
| Mar 31, 2025 | 12.82% |
| Dec 31, 2024 | 17.93% |
| Sep 30, 2024 | 11.29% |
| Jun 30, 2024 | 7.92% |
| Mar 31, 2024 | 7.18% |
| Dec 31, 2023 | 7.05% |
| Sep 30, 2023 | -2.04% |
| Jun 30, 2023 | 35.14% |
| Mar 31, 2023 | 15.37% |