Flyexclusive (FLYX) Gross Margin (2023 - 2026)
Flyexclusive's (FLYX) quarterly Gross Margin came in at 19.81% in Q1 2026, up 699.0% year-on-year from 2.48% in Q1 2025, and up 10.92% on a QoQ basis 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.
- On a quarterly basis, Gross Margin rose 699.0% year-over-year to 19.81% in Q1 2026; TTM through Mar 2026 was 16.67%, a 397.0% increase from a year earlier, with the FY2025 full-year figure at 14.97%, up 364.0% from the prior year.
- Gross Margin for Q1 2026 stood at 19.81%, up from 17.86% in the prior quarter.
- Over the last five years, Gross Margin for FLYX reached as high as 35.14% in Q2 2023 and fell as low as 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.
- Year by year, Gross Margin stood at 7.05% in 2023, then surged by 154 bps to 17.93% in 2024, then declined by 0 bps to 17.86% in 2025, then rose by 11 bps to 19.81% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 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 | Latam Airlines | 30,517.01 Bn | 30,514.34 Bn | 1.28 Mn | 0.03% |
| 2 | Ryanair Holdings | 61.45 Bn | 58.26 Bn | - | - |
| 3 | Delta Air Lines | 56.36 Bn | 51.69 Bn | 19.07 Bn | 96.52% |
| 4 | Southwest Airlines | 22.04 Bn | 18.25 Bn | 7.33 Bn | 86.94% |
| 5 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.85 Bn | 8.03 Bn | - | - |
| 6 | Copa Holdings | 5.67 Bn | 4.34 Bn | 713.71 Mn | 74.12% |
| 7 | Alaska Air | 5.37 Bn | 3.60 Bn | 3.20 Bn | 97.00% |
| 8 | Skywest | 4.30 Bn | 3.70 Bn | 1.01 Bn | 91.70% |
| 9 | Jetblue Airways | 2.00 Bn | 1.58 Bn | 1.87 Bn | 83.66% |
| 10 | Flyexclusive | 78.08 Mn | 59.42 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% |