Welcome to our dedicated page for FLYEXCLUSIVE SEC filings (Ticker: FLYX), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
flyExclusive, Inc. filings document the regulatory record of a public private aviation company with FAA-certificated carrier operations, charter services, Jet Club membership, fractional ownership programs, and in-house aircraft MRO capabilities. Recent 8-K disclosures report operating and financial results, corporate presentations, material agreements, and capital-structure matters.
The company’s filings also disclose debt arrangements tied to aircraft financing, amendments to senior secured note terms, at-the-market equity offering arrangements, shelf registration and prospectus supplement activity, Class A common stock and warrant references, shareholder voting matters, governance matters, risk factors, and emerging growth company status. These records connect flyExclusive’s aircraft-based operating model with its financing, securities, and public-company reporting obligations.
FLYEXCLUSIVE INC. (FLYX) has amended its existing Aircraft Management Services Agreement with Volato Group, Inc. through a Sixth Amendment effective August 31, 2026. The agreement, under which flyExclusive serves as the exclusive provider of aircraft management services for Volato’s fleet and manages flight operations, sales, and expenses, had previously been extended to the earlier of September 1, 2026 or certain events that have not occurred.
The new amendment extends the term of this agreement to December 31, 2026. While the previously granted option for flyExclusive to acquire Volato via merger has expired, the remaining aviation-related asset purchase and sale options between the parties (the “Asset Options”) remain in effect through the extended term.
FLYEXCLUSIVE INC. (FLYX) announced a leadership realignment in its operating team. Effective August 24, 2026, the company appointed Michael Guina as Chief Operating Officer, while former COO Matthew Lesmeister will remain with the company as President of Maintenance. Their existing employment agreements dated September 26, 2024 remain in effect and the company states that no additional compensation is being provided in connection with these role changes.
The filing describes Mr. Lesmeister’s prior roles at the company, including Chief Financial Officer and Chief Operating Officer, and his earlier experience at Fox Factory Holding Corp. It also outlines Mr. Guina’s long tenure at flyExclusive and prior senior roles at Delta Private Jets and Air Partner PLC. The company notes there are no family relationships or related party transactions involving either executive and other directors or executive officers.
flyExclusive, Inc. reported Q2 2026 consolidated revenue of $111 million, representing 22% year-over-year growth and a 65% increase in gross profit. Gross margin reached 20%, a 539 basis point improvement, and the company generated positive Adjusted EBITDA with a $9 improvement versus Q2 2025 and a 954 basis point increase in Adjusted EBITDA margin.
Operational metrics improved as flight hours grew 8% with 6% fewer aircraft, dispatch availability increased by 1,013 basis points versus Q2 2025, and core fleet utilization rose 14%. Flight revenue grew 20%, fractional revenue 51%, and MRO revenue 52%.
For the first half of 2026, revenue increased 15% and gross profit 67%, aided by fleet refresh and structural cost savings. Dispatch availability improved by 884 basis points, while Adjusted EBITDA margin improved by 1,076 basis points. The company highlighted a $94 million reduction in long-term notes payable since 2024 and availability under a $93 million At-The-Market facility, indicating ongoing balance sheet de-leveraging.
flyExclusive, Inc. reported strong top-line growth but continued losses for the quarter and six months ended June 30, 2026. Revenue for the quarter was $111,124 thousand compared with $91,332 thousand a year earlier, and six‑month revenue reached $207,474 thousand versus $179,457 thousand in 2025. Loss from operations narrowed to $5,751 thousand in the quarter and $15,377 thousand year‑to‑date.
Net loss attributable to common stockholders was $8,667 thousand for the quarter and $16,599 thousand for the first half of 2026, with basic and diluted loss per share of $0.16 and $0.33, respectively. Operating cash flow turned positive at $2,129 thousand for the six‑month period.
The balance sheet remains highly leveraged: total liabilities were $522,720 thousand against total assets of $439,383 thousand, resulting in a total stockholders’ deficit of $216,080 thousand and a working capital deficit of $214,565 thousand. Cash and cash equivalents were $14,236 thousand. Management states it expects existing liquidity, operating cash flows, and fractional program proceeds to fund operations for at least 12 months, while acknowledging potential need for additional capital and risks related to debt levels, warrant liabilities, redeemable noncontrolling interests, and a complex capital structure.
flyExclusive, Inc. completed the acquisition of Jet.AI’s aviation assets through a merger in which FlyX Merger Sub, Inc. merged with Jet.AI SpinCo, Inc., making SpinCo a wholly owned subsidiary. Each share of SpinCo Common Stock was converted into the right to receive 3.6253 shares of flyExclusive Class A common stock.
SpinCo shareholders are entitled, subject to post-closing purchase price adjustments, to an aggregate of 7,096,117 flyExclusive shares, of which 5,676,893 were issued at closing and 1,419,224 Reserve Shares (20% of the Merger Consideration Shares) were held back pending final net cash determination. Amendment No. 5 revised the net cash adjustment mechanism, defining how SpinCo’s indirect equity investment in Space Exploration Technologies Corporation is valued based on either net liquidation proceeds or the value used in the estimated net cash statement. The acquired portfolio includes Jet Card members, two HondaJet aircraft, one Citation CJ4, approximately $4.1 million securing three future Citation CJ3 delivery positions scheduled for 2027, approximately $6.1 million of securities in SPCX shares via a special purpose vehicle, and approximately $5.3 million of cash to support fleet growth and capital flexibility.
Segrave Thomas J. Sr reported acquisition or exercise transactions in this Form 4 filing.
FLYEXCLUSIVE INC. director Thomas J. Segrave Sr. received a grant of 46,296 restricted stock units of Class A common stock on May 13, 2026. Each unit represents a contingent right to one share of Class A common stock, and the units vested immediately upon grant, bringing his directly held position to 46,296 shares.
Fox Michael S. reported acquisition or exercise transactions in this Form 4 filing.
FLYEXCLUSIVE INC. director Michael S. Fox received an equity award of 46,296 shares of Class A common stock on May 13, 2026. The award was in the form of restricted stock units, with each unit representing one share, and the units vested immediately upon grant. Following this grant, Fox directly holds 46,296 shares.
Fegel Gary Mischa reported acquisition or exercise transactions in this Form 4 filing.
FLYEXCLUSIVE INC. director Gary Mischa Fegel received a grant of restricted stock units on May 13, 2026. The award covers 162,037 shares of Class A common stock at a price of $0.00 per share, reflecting a stock-based compensation grant rather than a market purchase.
Each restricted stock unit represents the right to receive one share of Class A common stock, and the units vested immediately upon grant. Following this award, Fegel directly holds 162,037 shares of flyExclusive Class A common stock reported in this filing.
FLYEXCLUSIVE INC. Chief Financial Officer Bradley G. Garner reported a compensation-related stock award and existing option holdings. He received a grant of 38,580 shares of Class A Common Stock at $2.16 per share, bringing his direct common share holdings reported here to 38,580 shares. He also holds stock options over 1,600,000 underlying Class A shares at an exercise price of $2.78 expiring on September 25, 2034, and options over 800,000 underlying shares at an exercise price of $5.00 expiring on September 25, 2035. Footnotes state these options were granted in 2024 and 2025 and vest in three equal annual installments over three years from each grant date.
FLYEXCLUSIVE INC. Chief Commercial Officer Michael Guina reported an equity compensation grant and existing option holdings. On May 13, 2026, he received 38,580 shares of Class A Common Stock as a grant or award at a price of $2.16 per share, leaving him with 38,580 common shares held directly.
Guina also holds stock options over 1,600,000 shares of Class A Common Stock at an exercise price of $2.78 per share expiring on September 25, 2034, and options over 800,000 shares at $5.00 per share expiring on September 25, 2035. Footnotes state these options were granted on September 26, 2025 and September 26, 2024, each vesting in three equal annual installments over three years.