Feb. 9 at 1:04 PM
$FLYX
flyExclusive Reports Record Preliminary Unaudited Results for the Fourth Quarter and Full Year 2025, Capping a Transformational Year with Expected Positive Adjusted EBITDA in Fourth Quarter 2025
Monday, 9th February at 8:00 am
Reduced Long-Term Notes Payable more than
$80 Million Compared to 2024 while Maintaining Cash Position Year-over-Year
flyExclusive, Inc. (NYSE: FLYX), one of the nation's largest private jet operators, today announced preliminary unaudited financial results for its fourth quarter and full year ended December 31, 2025.
Fourth Quarter and Full Year 2025 Preliminary Unaudited Financial Highlights
Record fourth quarter 2025 revenue is expected to be between
$103.0 million and
$106.0 million, representing the highest quarterly revenue in the Company's history and an approximate 13% increase compared to
$91.4 million in the fourth quarter of 2024.
Full year 2025 revenue is expected to range between
$374.0 million and
$378.0 million, an increase of approximately 15% compared to full year 2024 achieved with approximately 14% fewer aircraft, reflecting higher utilization and improved fleet efficiency.
Significant profitability improvement with Net loss expected to range between $(13.0) million and $(10.0) million for the fourth quarter of 2025, which compares to a net loss of $(16.5) million in the fourth quarter of 2024. Net loss for the full year 2025 is expected to range between $(73.0) million and $(70.0) million, an improvement of approximately 30% compared to a $(101.5) million loss in 2024.
Fourth quarter 2025 Adjusted EBITDA, a non-GAAP measure, is expected to range between
$5.5 million and
$8.0 million, an improvement of approximately
$13.0 million compared to a Q4 2024 Adjusted EBITDA of $(7.8) million, marking the Company's first quarter of positive Adjusted EBITDA. For important disclosures about this non-GAAP measure, see "Non-GAAP Financial Measures" below.
Adjusted EBITDA, a non-GAAP measure, for the full year 2025 is expected to range between $(8.5) million and $(5.0) million, representing an improvement of approximately
$50 million from full year 2024. For important disclosures about this non-GAAP measure, see "Non-GAAP Financial Measures" below.
