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How flyExclusive, Inc. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$376M · 100%Cost of revenue$320M · 85%Gross profit$56.3M · 15%Operating income−$47.2M · −13%Income before tax−$67.1M · −18%Income tax$37000 · 0%Net income−$17.6M · −5%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$376M100%
  • 10-K · FY 2025Filing detailsAccession 0001843973-26-000013 · filed Mar 5, 2026
Cost of revenue$320M85%
  • 10-K · FY 2025Filing detailsAccession 0001843973-26-000013 · filed Mar 5, 2026
$56.3M15%
  • 10-K · FY 2025Filing detailsAccession 0001843973-26-000013 · filed Mar 5, 2026
−$47.2M−13%
  • 10-K · FY 2025Filing detailsAccession 0001843973-26-000013 · filed Mar 5, 2026
Income before tax−$67.1M−18%
  • 10-K · FY 2025Filing detailsAccession 0001843973-26-000013 · filed Mar 5, 2026
Income tax$370000%
  • 10-K · FY 2025Filing detailsAccession 0001843973-26-000013 · filed Mar 5, 2026
−$17.6M−5%
  • 10-K · FY 2025Filing detailsAccession 0001843973-26-000013 · filed Mar 5, 2026
Source:
  • 10-K · FY 2025Filing detailsAccession 0001843973-26-000013 · filed Mar 5, 2026
· event Dec 31, 2025 · retrieved Oct 16, 2026 · annual-row source set
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