{ "ok": true, "cik": "1843973", "ticker": "FLYX", "name": "flyExclusive, Inc.", "filings": [ { "form": "8-K", "filed": "2026-09-04", "items": [ "1.01 Entry into a Material Definitive Agreement", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1843973/000119312526383622/0001193125-26-383622-index.htm" }, { "form": "8-K", "filed": "2026-08-25", "items": [ "5.02 Departure or Election of Directors; Appointment of Officers", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1843973/000119312526365105/0001193125-26-365105-index.htm" }, { "form": "8-K", "filed": "2026-08-12", "items": [ "2.02 Results of Operations and Financial Condition", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1843973/000119312526345834/0001193125-26-345834-index.htm" }, { "form": "10-Q", "filed": "2026-08-12", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/1843973/000119312526345831/0001193125-26-345831-index.htm" }, { "form": "8-K", "filed": "2026-07-14", "items": [ "1.01 Entry into a Material Definitive Agreement", "2.01 Completion of Acquisition or Disposition of Assets", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1843973/000119312526302638/0001193125-26-302638-index.htm" }, { "form": "8-K", "filed": "2026-05-11", "items": [ "2.02 Results of Operations and Financial Condition", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1843973/000119312526216717/0001193125-26-216717-index.htm" } ], "events12m": 17, "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001843973.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1843973" }, "license": "Figures as filed with the SEC. Card text CC BY 4.0, POPS4.", "notAdvice": "Reporting, not investment advice. No price targets, no buy or sell views.", "edgar": "🫧 Edgar looked up flyExclusive, Inc. ($FLYX). Last filing: 8-K (1.01 Entry into a Material Definitive Agreement), 2026-09-04. 17 event filings (8-K) in the past twelve months.", "auditor": { "changes": [], "nonReliance": [], "restatedSince": null }, "metrics": { "fiscalYearEnd": "2025-12-31", "revenue": 375877000, "revenueGrowth1y": 0.14850858913326448, "revenueGrowthPerYear": 0.055053012689358916, "yearsOfData": 4, "operatingMargin": -0.1256607879705329, "operatingMarginPrior": -0.2529348496978067, "netMargin": -0.17855309050567073, "operatingCashFlow": 6688000, "capitalSpending": 30941000, "freeCashFlow": -24253000, "researchAndDevelopment": null, "researchShareOfRevenue": null, "cash": 29340000, "longTermDebt": 108935000, "longTermDebtChange": -0.4233497432639881, "revenueHistory": [ { "fiscalYearEnd": "2022-12-31", "revenue": 320042000 }, { "fiscalYearEnd": "2023-12-31", "revenue": 315362000 }, { "fiscalYearEnd": "2024-12-31", "revenue": 327274000 }, { "fiscalYearEnd": "2025-12-31", "revenue": 375877000 } ], "totalEquity": -326751000, "totalAssets": 439996000, "equityRatio": -0.7426226602060019, "returnOnEquity": null, "dividendsPaid": null, "payoutRatio": null, "dividendPerShare": null, "dividendYearsRising": null, "dividendCut": null, "priceBased": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown.", "range80": { "low": 326670860.5937764, "high": 525042237.653131, "baseline": 414136486.5539762, "n": 4309, "band": "b01" }, "ifPaceHeld": { "low": 326670860.5937764, "high": 525042237.653131 } }, "edgarette": "🔖 Exposure: revenue $375.9M (FY2025), total debt $108.9M. Experience: revenue up 14.9% on the year, up 5.5% a year over 3 years; operating margin -12.6%, up from -25.3%. Soundness: equity -74.3% of assets (liabilities exceed assets). Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $326.7M and $525.0M next year (method v3, set from 4,309 SEC company-years; on a year the method never saw, 83% landed inside). A range, not a forecast. Against peers (16 filers, $50M+ revenue, its industry group): operating margin -12.6% against a 2.4% median; growth 14.9% against 4.2%.", "peers": { "sic": 4522, "sicDescription": "Air Transportation, Nonscheduled", "calendarYear": 2025, "minRevenue": 50000000, "depth": 2, "group": "45", "growth": [ 0.0424, 16 ], "opMargin": [ 0.0241, 16 ], "equityRatio": [ 0.1639, 16 ], "returnOnEquity": [ 0.0563, 10 ] }, "summary": "flyExclusive (FLYX) grew revenue 14.9% in FY2025 to $376 million, operating margin -12.6% against a 2.4% median for air transportation, nonscheduled, equity -74.3% of assets. Every figure is from the company’s own annual report filed with the SEC.", "chart": "
flyExclusive, Inc. against its own record and its peers
Operating marginPeer median 2.4%-12.6%Revenue, on the yearPeer median 4.2%14.9%Equity of assetsPeer median 16.4%-74.3%Gold tick: the median of 16–16 peers with $50M+ revenue in air transportation, nonscheduled
", "chartHorizon": null, "backtest": { "tests": 0, "hits": 0, "rate": null, "method": "v3", "note": "hindsight: past years, same calibrated range. The range was calibrated on 2022-2024 SEC data, so years in that window are partly in-sample." }, "registry": { "logged": "2026-09-20T15:23:07.016Z", "hash": "37d54c259db6affe", "status": "open" }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "schema": "pops4.edgarette.card/1", "card": { "summary": "flyExclusive (FLYX) grew revenue 14.9% in FY2025 to $376 million, operating margin -12.6% against a 2.4% median for air transportation, nonscheduled, equity -74.3% of assets. Every figure is from the company’s own annual report filed with the SEC.", "exposure": { "fiscalYearEnd": "2025-12-31", "revenue": 375877000, "totalDebt": 108935000, "cash": 29340000 }, "experience": { "revenueGrowth1y": 0.14850858913326448, "revenueGrowthPerYear": 0.055053012689358916, "operatingMargin": -0.1256607879705329, "operatingMarginPrior": -0.2529348496978067, "netMargin": -0.17855309050567073, "freeCashFlow": -24253000 }, "soundness": { "equityRatio": -0.7426226602060019, "returnOnEquity": null, "payoutRatio": null, "dividendPerShare": null, "dividendYearsRising": null, "dividendCut": null, "note": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown." }, "peers": { "sic": 4522, "sicDescription": "Air Transportation, Nonscheduled", "calendarYear": 2025, "minRevenue": 50000000, "depth": 2, "group": "45", "growth": [ 0.0424, 16 ], "opMargin": [ 0.0241, 16 ], "equityRatio": [ 0.1639, 16 ], "returnOnEquity": [ 0.0563, 10 ] }, "credibility": { "auditedYears": 4, "weight": "reasonable", "standard": "ASOP No. 25", "nonReliance": null, "auditorChange": null }, "range": { "low": 326670860.5937764, "high": 525042237.653131, "baseline": 414136486.5539762, "coverage": 0.8, "method": "v3", "basis": "next fiscal year revenue: baseline = revenue x (1 + mean of one-year and three-year pace); range = 10th to 90th percentile of how SEC company-years of the same size band actually turned out", "calibratedOn": { "companyYears": 4309, "sizeBand": "b01" }, "kind": "a calibrated range, not a forecast; no view on the share price", "track": { "backtest": { "tests": 0, "hits": 0, "rate": null, "method": "v3", "note": "hindsight: past years, same calibrated range. The range was calibrated on 2022-2024 SEC data, so years in that window are partly in-sample." }, "registry": { "logged": "2026-09-20T15:23:07.016Z", "hash": "37d54c259db6affe", "status": "open" }, "scorecard": "https://www.pops4.com/boards/scorecard" } }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001843973.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1843973" } }, "definitions": { "operatingMargin": "Operating income divided by revenue.", "netMargin": "Net income divided by revenue.", "freeCashFlow": "Cash from operations minus spending on property and equipment.", "researchShareOfRevenue": "Research and development expense for the year as a share of revenue, both as filed.", "equityRatio": "Shareholders equity as a share of total assets, both as filed. Higher means less of the company is owed to someone else.", "returnOnEquity": "Net income for the year against shareholders equity at year end.", "payoutRatio": "Dividends paid as a share of net income, in the year the cash went out.", "dividendYearsRising": "Consecutive years, counted back from the last on record, in which dividend per share rose. A fall ends the run and is reported as dividendCut.", "revenueGrowthPerYear": "Compound annual growth between the first and latest fiscal years shown.", "credibility": "How much weight a record deserves, in the actuarial sense (ASOP No. 25): more audited years, more weight.", "peers": "Medians of SEC filers with $50M+ revenue in the same industry code (SIC), narrowest group with at least 8 filers, calendar-year figures from SEC XBRL frames.", "backtest": "The same if-the-pace-held arithmetic applied to the company's own past years, scored against what it actually reported next. Hindsight, and labelled so." } }