Fly-e Group, Inc. income statement
In fiscal 2026, Fly-e Group, Inc. reported revenue of $19.1m, down 25.0% on the year before, operating income of −$6.4m (a -33.8% margin) and net income of −$9.3m, or −$8.38 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2023Mar 2023 | 2024Mar 2024 | 2025Mar 2025 | 2026Mar 2026 | LTMJun 2026 |
|---|---|---|---|---|---|
| Revenue | 22 | 32 | 25 | 19 | 16 |
| Cost of revenue | 13 | 19 | 15 | 14 | 14 |
| Gross profit | 8 | 13 | 10 | 5 | 3 |
| Research and development | — | 0 | 1 | 0 | — |
| General and administrative | 2 | 4 | 8 | 8 | 9 |
| Operating income | 2 | 3 | −5 | −6 | −8 |
| Interest expense | 0 | 0 | 0 | — | — |
| Net interest income | −0 | −0 | −0 | −2 | — |
| Income before tax | 2 | 3 | −5 | −9 | −11 |
| Income tax | 1 | 1 | 0 | 0 | 0 |
| Net income | 1 | 2 | −5 | −9 | −11 |
| Diluted EPS | — | — | −$21.95 | −$8.38 | — |
| Diluted shares (average) | — | — | — | 1m | — |
| EBITDA | 2 | 4 | −4 | −6 | −8 |
| Quarter | 2025 Q2Sept 2024 | 2025 Q3Dec 2024 | 2025 Q4Mar 2025 | 2026 Q1Jun 2025 | 2026 Q2Sept 2025 | 2026 Q3Dec 2025 | 2026 Q4Mar 2026 | 2027 Q1Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 6,824 | 5,678 | 5,051 | 5,328 | 3,909 | 2,649 | 7,177 | 2,748 |
| Cost of revenue | 3,920 | 3,117 | 3,166 | 3,067 | 2,932 | 1,601 | 6,805 | 2,448 |
| Gross profit | 2,904 | 2,561 | 1,886 | 2,261 | 977 | 1,049 | 373 | 300 |
| Research and development | 164 | 125 | 115 | 169 | — | — | — | 1,800 |
| General and administrative | 2,094 | 1,558 | 2,423 | 2,445 | 997 | 1,874 | 2,303 | 3,351 |
| Operating income | −1,231 | −940 | −2,343 | −1,505 | −1,048 | −1,557 | −2,328 | −3,536 |
| Interest expense | 24 | 156 | 158 | 546 | — | — | — | 191 |
| Net interest income | −24 | −156 | −158 | −546 | −540 | −460 | −260 | — |
| Income before tax | −1,309 | −1,113 | −2,426 | −2,059 | −1,736 | −2,073 | −3,061 | −3,850 |
| Income tax | −166 | −428 | 858 | −50 | 40 | −150 | 489 | 89 |
| Net income | −1,143 | −684 | −3,284 | −2,009 | −1,776 | −1,923 | −3,550 | −3,939 |
| Diluted EPS | — | −$1.39 | −$6.79 | −$3.00 | — | −$1.18 | −$2.24 | −$2.41 |
| EBITDA | −1,145 | −816 | −2,023 | −1,292 | −844 | −1,392 | −2,191 | −3,377 |
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