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Fly-E net loss widens 96.1% to $3.94 million in Q2 FY26; revenue drops 48.4% to $2.75 million
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Fly-E net loss widens 96.1% to $3.94 million in Q2 FY26; revenue drops 48.4% to $2.75 million
  • Fly-E Group posted net revenue of USD 2.75 million, down 48.4% year-over-year, as retail sales slid 84.3% to USD 589,079.
  • Net loss widened to USD 3.94 million, up 96.1% year-over-year; gross margin fell 31.5 percentage points to 10.9%.
  • Operating loss deepened to USD 3.54 million; general and administrative expense rose 37% to USD 3.35 million.
  • Unit sales dropped to 7,558 from 10,448, while wholesale revenue climbed 46.9% to USD 2.1 million.
  • Cash totaled USD 60,281; management flagged substantial doubt about going concern as it remained in default on a bank credit facility.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fly-E Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-096305), on September 01, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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