Flyexclusive (FLYX) Operating Margin (2023 - 2026)
Flyexclusive (FLYX) recorded Operating Margin of -5.18% in Q2 2026, up 8.36 percentage points from -13.53% a year earlier and up 4.82 percentage points from the prior quarter.
Flyexclusive (FLYX) Operating Margin (2023 - 2026) Analysis & Trends
On a TTM basis, Flyexclusive's Operating Margin came in at -8.79% as of Jun 30, 2026, up 8.64 percentage points year-over-year; for FY2025, it was -12.57%, up 12.73 percentage points from FY2024.
- Annual Operating Margin has a three-year change of -8.72 percentage points (FY2022 to FY2025).
- Across earlier years, Operating Margin came in at -25.29% in FY2024 (-13.46 pp), -11.83% in FY2023 (-7.99 pp) and -3.85% in FY2022.
- The Q2 2026 figure is the highest quarterly Operating Margin since Q2 2023.
- On a year-over-year basis, Operating Margin has increased for seven consecutive quarters, with an average year-over-year change of +10.31 percentage points over the last eight quarters.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 17.57 percentage points in Q1 2025, against a drop of 38.01 percentage points in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at -9.99% (Q1 2026), -8.47% (Q4 2025) and -12.26% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.83 Bn | 157.35 Bn | - | 40.25% |
| 2 | Csx | 86.94 Bn | 83.15 Bn | - | 38.27% |
| 3 | Canadian Pacific Kansas City | 76.07 Bn | 75.78 Bn | - | 35.35% |
| 4 | United Parcel Service | 70.39 Bn | 47.31 Bn | - | 4.07% |
| 5 | Norfolk Southern | 70.35 Bn | 64.99 Bn | - | 32.44% |
| 6 | Fedex | 68.01 Bn | 33.95 Bn | - | 6.20% |
| 7 | Delta Air Lines | 55.83 Bn | 38.01 Bn | - | 9.43% |
| 8 | Old Dominion Freight Line | 36.82 Bn | 36.08 Bn | - | 29.94% |
| 9 | Ryanair Holdings | 28.96 Bn | 12.97 Bn | 3.13 Bn | 13.12% |
| 10 | Flyexclusive | 122.43 Mn | 143.56 Mn | 22.69 Mn | -5.18% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -5.18% |
| Mar 31, 2026 | -9.99% |
| Dec 31, 2025 | -8.47% |
| Sep 30, 2025 | -12.26% |
| Jun 30, 2025 | -13.53% |
| Mar 31, 2025 | -16.72% |
| Dec 31, 2024 | -13.80% |
| Sep 30, 2024 | -27.18% |
| Jun 30, 2024 | -27.64% |
| Mar 31, 2024 | -34.29% |
| Dec 31, 2023 | -30.88% |
| Sep 30, 2023 | -25.58% |
| Jun 30, 2023 | 10.36% |
| Mar 31, 2023 | -10.91% |
Flyexclusive Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=FLYX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "FLYX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=FLYX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();