Flyexclusive (FLYX) Gross Margin (2023 - 2026)
Flyexclusive (FLYX) posted quarterly 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 reported Gross Margin for 4 consecutive years, with 19.81% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin rose 699.0% year-over-year to 19.81%; the TTM figure through Mar 2026 stood at 16.67% (up 397.0% YoY), while the FY2025 annual figure was 14.97%, up 364.0% from the prior year.
- Gross Margin improved to 19.81% in Q1 2026 per FLYX's latest filing, from 17.86% in the prior quarter.
- Across five years, Gross Margin topped out at 35.14% in Q2 2023 and bottomed at 2.04% in Q3 2023.
- Historically, Gross Margin has averaged 13.77% across 4 years, with a median of 13.67% in 2025.
- On a YoY basis, Gross Margin climbed as much as 1333 bps in 2024 and fell as far as 2722 bps in 2024.
- Flyexclusive's Gross Margin stood at 7.05% in 2023, then soared by 154 bps to 17.93% in 2024, then slipped by 0 bps to 17.86% in 2025, then grew 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 | Delta Air Lines | 53.01 Bn | 48.34 Bn | 19.07 Bn | 96.52% |
| 2 | Ryanair Holdings | 28.78 Bn | 25.56 Bn | - | - |
| 3 | Southwest Airlines | 19.50 Bn | 15.71 Bn | 7.33 Bn | 86.94% |
| 4 | Copa Holdings | 5.30 Bn | 4.04 Bn | 1.03 Bn | 97.11% |
| 5 | Alaska Air | 4.46 Bn | 1.80 Bn | 3.76 Bn | 92.57% |
| 6 | Skywest | 3.98 Bn | 3.38 Bn | 1.01 Bn | 91.70% |
| 7 | Jetblue Airways | 1.79 Bn | -232.60 Mn | 2.32 Bn | 85.95% |
| 8 | Allegiant Travel | 1.75 Bn | 695.62 Mn | 902.77 Mn | 95.68% |
| 9 | Frontier Group Holdings | 1.33 Bn | 373.12 Mn | - | - |
| 10 | Flyexclusive | 71.10 Mn | 56.87 Mn | 22.69 Mn | 20.42% |
Historic Data
Download 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% |