Flyexclusive (FLYX) Gross Margin (2023 - 2026)
Flyexclusive's (FLYX) quarterly Gross Margin came in at 20.42% in Q2 2026, up 539.0% year-over-year from 3.2% in Q2 2025, and up 3.04% quarter-over-quarter from 19.81% in Q1 2026.
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Flyexclusive (FLYX) Gross Margin (2023 - 2026) Analysis & Trends
Flyexclusive (FLYX) has reported Gross Margin for 4 consecutive years, with 20.42% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin rose 539.0% year-over-year to 20.42% in Q2 2026; TTM through Jun 2026 was 18.08%, a 367.0% increase from a year earlier, with the FY2025 full-year figure at 14.97%, up 364.0% from the prior year.
- Gross Margin was 20.42% for Q2 2026 at Flyexclusive, up from 19.81% 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 14.25% and a median of 14.35% in 2025 frame the typical range for Gross Margin.
- The widest YoY moves for Gross Margin: up 1333 bps in 2024, down 2722 bps in 2024.
- Over 4 years, Gross Margin stood at 7.05% in 2023, then jumped by 154 bps to 17.93% in 2024, then retreated by 0 bps to 17.86% in 2025, then increased by 14 bps to 20.42% in 2026.
- The last three Gross Margin figures came in at 20.42% (Q2 2026), 19.81% (Q1 2026), and 17.86% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 51.66 Bn | 46.99 Bn | 19.07 Bn | 96.52% |
| 2 | Ryanair Holdings | 28.60 Bn | 24.67 Bn | - | - |
| 3 | Southwest Airlines | 18.92 Bn | 15.13 Bn | 7.33 Bn | 86.94% |
| 4 | Copa Holdings | 5.36 Bn | 4.10 Bn | 1.03 Bn | 97.11% |
| 5 | Alaska Air | 4.49 Bn | 1.83 Bn | 3.76 Bn | 92.57% |
| 6 | Skywest | 3.79 Bn | 3.19 Bn | 1.01 Bn | 91.70% |
| 7 | Grupo Aeromexico, S.A.B. de C.V | 2.29 Bn | 1.25 Bn | - | - |
| 8 | Allegiant Travel | 1.75 Bn | 699.04 Mn | 902.77 Mn | 95.68% |
| 9 | Jetblue Airways | 1.64 Bn | -375.44 Mn | 2.32 Bn | 85.95% |
| 10 | Flyexclusive | 63.02 Mn | 48.79 Mn | 22.69 Mn | 20.42% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.42% |
| 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% |