)
Edge6 Mar 2026
Upvoted: The Story of Reddit
How Reddit built a unique platform around communities and conversation, turning human insight and intent into a distinctive business model.
flyExclusive
flyExclusive (FLYX) investor relations material
flyExclusive Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary5 Mar, 2026
Executive summary
2025 marked a pivotal year with structural transformation, including fleet modernization, cost restructuring, and improved execution standards, resulting in the first positive Adjusted EBITDA quarter since going public.
Achieved record consolidated revenue of $104.5 million in Q4 2025, up 15% year-over-year, and full-year revenue grew 15% to $375.9 million, despite operating a 14% smaller fleet.
Gross profit increased 53% year-over-year, with gross margin for the year expanding to 15%, up 32% from 2024.
Fleet refresh and operational efficiencies led to improved profitability and utilization, with 13% more flight hours using 14% fewer aircraft.
Aggressively reduced long-term notes payable by $84 million while maintaining cash position.
Financial highlights
Q4 Adjusted EBITDA was $6.6 million, the first positive quarter, with a 6% margin; full-year Adjusted EBITDA improved by over $49 million, narrowing the loss to $7 million.
SG&A as a percentage of revenue declined to 21% in Q4 and 22% for the year, generating $9 million in annual savings.
Charter flight revenue in Q4 was $98 million, up 13% year-over-year; flight hours increased 13% to 20,400 in Q4 and 12% to nearly 75,000 for the year.
Fractional sales revenue rose 56% year-over-year, with share sales up 26% and $60 million in fractional retail sales.
MRO external revenue grew 52% in Q4 and 48% for the year.
Outlook and guidance
Q1 2026 is expected to exceed Q1 2025 but not Q4 2025, with every quarter in 2026 projected to outperform the corresponding 2025 quarter.
First quarter 2026 loss expected to be reduced by 50% compared to Q1 2025.
Flight hours projected to grow over 15% in 2026, targeting an annualized run rate of 100,000 hours by year-end.
Dispatch reliability expected to improve by 10% in 2026, translating to $25 million in annualized bottom-line improvement.
Continued focus on fleet modernization and operational efficiency expected to drive further gains in 2026.
Impact of 10% dispatch reliability gain in 2026
Strategy for free Mission Control software access
2026 fleet growth and debt reduction targets
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.Research faster. Power your platform.
Next flyExclusive earnings date
Q1 202613 May, 2026
flyExclusive
Next flyExclusive earnings date
Q1 202613 May, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage