flyExclusive Reports Record Second Quarter Revenue and Third Consecutive Quarter of Positive Adjusted EBITDA
Company expects $5-7 million in adjusted EBITDA in Q3, which would mark a fourth consecutive positive quarter
flyExclusive, Inc. (NYSE American: FLYX), a leading provider of premium private jet experiences, yesterday reported financial results for the second quarter and first half ended June 30, 2026. The Company generated record second-quarter revenue of $111.1 million, up 22% year over year, and its third consecutive quarter of positive Adjusted EBITDA, producing more revenue from a smaller, more productive fleet.
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The Company achieved those results with 6% fewer aircraft than a year ago, as flight hours increased 8%, core fleet utilization increased 14%, gross profit increased 65% and gross margin expanded more than 500 basis points to 20.4%. Adjusted EBITDA of $4.2 million improved $9.4 million from a $(5.2) million loss a year earlier. The results extend a two-year transformation in which second-quarter revenue has grown more than 40%.
