Flyexclusive (FLYX) Operating Margin (2023 - 2026)
Flyexclusive (FLYX) posted quarterly Operating Margin of 9.99% for Q1 2026, up 673.0% year-over-year from 1.29% in Q1 2025, and down 17.89% quarter-over-quarter from 8.47% in Q4 2025.
Flyexclusive (FLYX) Operating Margin (2023 - 2026) Analysis & Trends
Flyexclusive (FLYX) has reported Operating Margin for 4 consecutive years, with 9.99% the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Margin rose 673.0% year-over-year to 9.99%; the TTM figure through Mar 2026 stood at 10.97% (up 993.0% YoY), while the FY2025 annual figure was 12.57%, up 1273.0% from the prior year.
- Operating Margin declined to 9.99% in Q1 2026 per FLYX's latest filing, from 8.47% in the prior quarter.
- Across five years, Operating Margin topped out at 10.36% in Q2 2023 and bottomed at 34.29% in Q1 2024.
- Historically, Operating Margin has averaged 16.99% across 4 years, with a median of 13.8% in 2024.
- Annual changes were most pronounced in 2024 — Operating Margin slumped 3801 bps — and 2025, when it jumped 1757 bps.
- Flyexclusive's Operating Margin stood at 30.88% in 2023, then soared by 55 bps to 13.8% in 2024, then jumped by 39 bps to 8.47% in 2025, then declined by 18 bps to 9.99% in 2026.
- Business Quant data shows FLYX's Operating Margin at 9.99% in Q1 2026, 8.47% in Q4 2025, and 12.26% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.80 Bn | 49.13 Bn | 19.07 Bn | 9.43% |
| 2 | Ryanair Holdings | 29.06 Bn | 25.85 Bn | - | 12.63% |
| 3 | Southwest Airlines | 19.63 Bn | 15.84 Bn | 7.33 Bn | 3.38% |
| 4 | Copa Holdings | 5.35 Bn | 4.09 Bn | 1.03 Bn | 8.65% |
| 5 | Alaska Air | 4.47 Bn | 1.80 Bn | 3.76 Bn | -4.13% |
| 6 | Skywest | 3.99 Bn | 3.39 Bn | 1.01 Bn | 14.13% |
| 7 | Allegiant Travel | 1.84 Bn | 784.74 Mn | 902.77 Mn | 2.24% |
| 8 | Jetblue Airways | 1.80 Bn | -223.20 Mn | 2.32 Bn | -5.23% |
| 9 | Frontier Group Holdings | 1.34 Bn | 384.62 Mn | - | -7.58% |
| 10 | Flyexclusive | 68.82 Mn | 54.59 Mn | 22.69 Mn | -5.18% |
Historic Data
Download 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% |