v3.25.4
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Revenue $ 375,877 $ 327,274
Costs and expenses    
Cost of revenue 319,625 290,212
Selling, general and administrative 82,586 91,337
Depreciation and amortization 23,587 25,709
(Gain) loss on aircraft sales and aircraft held for sale (2,688) 2,795
Total costs and expenses 423,110 410,053
Loss from operations (47,233) (82,779)
Other income (expense)    
Interest income 1,371 4,313
Interest expense (21,395) (21,183)
(Loss) gain on lease termination (2,468) 133
Change in fair value of warrant liabilities (1,430) (1,467)
Loss on extinguishment of debt (1,395) 0
Other income (expense) 5,473 (471)
Total other expense, net (19,844) (18,675)
Loss before income taxes (67,077) (101,454)
Income tax expense 37 41
Net loss (67,114) (101,495)
Less: Net loss attributable to redeemable noncontrolling interests (50,529) (73,384)
Less: Net income (loss) attributable to noncontrolling interests 1,007 (7,037)
Net loss attributable to flyExclusive, Inc. (17,592) (21,074)
Net loss attributable to common stockholders (27,564) (25,565)
Net loss attributable to common stockholders $ (27,564) $ (25,565)
Basic loss per share (in dollars per share) $ (1.01) $ (1.07)
Diluted loss per share $ (1.01) $ (1.07)
Weighted average common shares outstanding (basic) 27,237,904 23,809,490
Weighted average common shares outstanding (diluted) 27,237,904 23,809,490
Other comprehensive loss    
Net loss attributable to flyExclusive, Inc. $ (17,592) $ (21,074)
Unrealized gains on available-for-sale debt securities 0 13
Comprehensive loss attributable to flyExclusive, Inc. (17,592) (21,061)
Series A Preferred Stock    
Other income (expense)    
Preferred Dividends (4,166) (3,258)
Series B Preferred stock    
Other income (expense)    
Preferred Dividends $ (5,806) $ (1,233)

Source