Welcome to our dedicated page for Fly-E Group news (Ticker: FLYE), a resource for investors and traders seeking the latest updates and insights on Fly-E Group stock.
Fly-E Group, Inc. reports developments in its electric two-wheel vehicle business, including the design, installation, sale and rental of smart electric motorcycles, electric bikes and electric scooters under the Fly E-Bike brand. Company updates commonly cover quarterly results, gross margin trends, wholesale activity, rental services, product and software development costs, supplier pricing and retail-store expansion.
News for FLYE also includes distributor relationships and market entries tied to urban mobility, accessories, on-site services and connected or smart mobility offerings. Corporate updates include Nasdaq Capital Market compliance notices, delayed periodic-report matters and other listing or governance disclosures affecting its public-company status.
Fly-E Group (FLYE) received a Nasdaq delinquency notice on September 1, 2026 for failing to timely file its Form 10-Q for the period ended June 30, 2026.
The notice stated the company was not in compliance with Nasdaq Listing Rule 5250(c)(1) due to the delayed filing with the SEC. The notice was a deficiency notification only and did not immediately affect the listing or trading of Fly-E Group’s securities on the Nasdaq Capital Market. The company filed the Form 10-Q with the SEC on September 1, 2026 and, as a result, received written confirmation from Nasdaq on September 3, 2026 that it had regained compliance.
Fly-E Group (Nasdaq: FLYE) reported first quarter fiscal 2027 results for the period ended June 30, 2026. Net revenues were $2.7 million, down 48.4% from $5.3 million a year earlier, as retail store count fell to four from 20 and unit sales declined to 7,558 from 10,448.
Retail revenue dropped 84.3% to $0.6 million, while wholesale revenue rose 46.9% to $2.1 million driven by purchases from transitioned independent stores. Gross profit fell to $0.3 million, with gross margin decreasing to 10.9% from 42.4% due to a mix shift toward lower-priced wholesale, competitive pricing, and inventory clearance discounts.
Total operating expenses were stable at $3.8 million, with selling expenses down 63.3% to $0.5 million and general and administrative expenses up 37.0% to $3.4 million, reflecting higher software development fees and expected credit losses. Net loss widened to $3.9 million versus $2.0 million, and EBITDA was negative $3.5 million compared with negative $1.3 million. Cash stood at $60 thousand on June 30, 2026, versus $0.3 million on March 31, 2026, while net cash used in operating activities improved to $0.19 million from $5.28 million in the prior-year quarter.
Fly-E Group (Nasdaq: FLYE) reported that on July 21, 2026 it received a Nasdaq delinquency notification for non-compliance with Listing Rule 5250(c)(1), after failing to timely file its Form 10-K for the period ended March 31, 2026. The Notice does not immediately affect the listing of Fly-E’s securities, but continued non-compliance could lead to delisting.
According to Fly-E Group, the company could have submitted a compliance plan by September 21, 2026, potentially obtaining up to January 11, 2027 to regain compliance. Fly-E filed the delayed Form 10-K on July 23, 2026, which the company states should remove the need for a formal remediation plan.
Fly-E Group (Nasdaq: FLYE) reported fiscal 2026 net revenues of $19.1 million, down 25.0% from $25.4 million in 2025, as unit sales fell to 42,101 from 58,765 and promotional pricing was used to clear aged inventory. Gross profit declined to $4.7 million, with gross margin compressing to 24.4% from 41.1%.
Net loss widened to $9.3 million (loss per share $8.38) from $5.3 million (loss per share $21.95), and EBITDA was negative $6.3 million versus negative $3.9 million. Retail revenue dropped 68.1% to $6.9 million, while wholesale revenue rose 227.5% to $11.6 million and rental revenue grew 237.5% to $0.6 million. Total operating expenses fell 26.1% to $11.1 million, reflecting store streamlining and cost optimization. As of March 31, 2026, cash was $0.3 million, total liabilities were $12.1 million, and stockholders’ equity increased to $17.4 million.
Fly-E Group (Nasdaq: FLYE) reported unaudited results for Q3 and nine months fiscal 2026 ended December 31, 2025. Q3 net revenues fell to $2.6M (-53.3% YoY); net loss widened to $1.9M; gross margin was 39.6%. For nine months, revenues were $11.9M (-41.7%) and net loss was $5.7M.
Wholesale and rental businesses showed strong percentage growth, while retail sales collapsed and cash declined to $0.3M as of December 31, 2025.
Fly-E Group (NASDAQ: FLYE) received a Nasdaq Listing Qualifications notice for failure to timely file its Form 10-Q for the period ended December 31, 2025.
The Company has until April 28, 2026 to submit a compliance plan and, if accepted, may have up to August 24, 2026 to regain compliance; trading is not immediately affected.
Fly-E (Nasdaq: FLYE) reported unaudited results for Q2 and first half of fiscal 2026 ended September 30, 2025. Q2 net revenues were $3.9M (down 42.7% YoY) with gross profit $1.0M and gross margin 25.0%. Q2 net loss was $1.8M and basic/diluted loss per share was $2.18. Wholesale revenue rose 91.3% to $1.7M in Q2 while retail fell due to lower unit prices and store closures. Rental revenue began in Q2 with a 79.8% rental gross margin. Operating expenses declined 51.0% in Q2. For H1, net revenues were $9.2M (down 37.2%) and net loss was $3.8M. Cash was $2.5M as of September 30, 2025.
Fly-E Group (NASDAQ: FLYE) received a Nasdaq Listing Qualifications notice on November 25, 2025, for failing to timely file its Form 10-Q for the period ended September 30, 2025. The notice is a deficiency and does not have immediate effect on listing or trading.
The company has 60 days from the notice date, until January 26, 2026, to submit a compliance plan. If Nasdaq accepts a plan, an exception can extend the filing deadline to May 20, 2026. If compliance is not achieved within the allowed periods, Nasdaq may begin delisting proceedings; the company may appeal. The company intends to file the Form 10-Q as soon as financial statements are prepared and reviewed.
Fly-E Group (NASDAQ:FLYE), an electric vehicle company specializing in electric motorcycles, bikes, and scooters, reported challenging Q1 FY2026 financial results. Net revenues decreased 32.3% to $5.3 million from $7.9 million year-over-year, while net loss widened significantly to $2.0 million ($0.30 per share) from $0.2 million ($0.04 per share).
The company's retail sales dropped 45.2% to $3.8 million, primarily due to safety concerns following lithium-battery accidents. However, wholesale revenue grew 42.3% to $1.4 million, driven by dealer network expansion. Gross margin improved to 42.4% from 39.4%, supported by the new rental services business which achieved a 79.8% margin.
Operating expenses increased 19.7% to $3.8 million, while cash position strengthened to $2.3 million as of June 30, 2025.
Fly-E Group (Nasdaq: FLYE), a company specializing in electric two-wheelers, has announced the opening of a new retail store in Boston, Massachusetts. The store, located at 41 West Street, offers the company's complete range of electric bikes, e-scooters, and accessories, along with on-site services.
This expansion marks Fly-E's growing presence in the Northeastern United States, adding to its network of over 40 locations across North America. CEO Zhou (Andy) Ou highlighted Boston's strategic importance for electric mobility adoption, citing its vibrant neighborhoods and increasing demand for sustainable transportation solutions.