Fly-E Group, Inc. Announces Fiscal Year 2026 Financial Results
Fly-E reported fiscal 2026 revenue of $19.1 million, a 25% decrease from the prior year, while gross margin contracted sharply to 24.4% from 41.1%. The company recorded a net loss of $9.3 million, widened from $5.3 million in fiscal 2025, leaving cash reserves at a critical $265,000 at period end.
Key figures
- Revenue
- 19100000
- Revenue Yoy
- -25.0%
- Net loss
- 9300000
- Units sold
- 42101
- Cash balance
- 265236
- Gross margin
- 24.4%
- Gross profit
- 4700000
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