flyExclusive (FLYX) Balance Sheet: Assets & Liabilities

flyExclusive (FLYX) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), flyExclusive reported total assets of $440.00M and total liabilities of $524.27M. Shareholders' equity was negative at −$298.79M, meaning liabilities exceed assets. Total debt stood at $243.17M against $29.34M in cash and short-term investments, a net debt position of $213.83M.

flyExclusive Balance Sheet Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for flyExclusive, Inc. (FLYX) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2023	FY 2022	FY 2021	FY 2020
Period ending	Dec 2025	Dec 2024	Mar 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Current Assets
Cash and Cash Equivalents	29.34	31.69	11.63	11.63	23.18	21.13	-
Short-Term Investments	0.00	65.54	71.23	71.23	69.45	10.36	-
Cash & Short-Term Investments	29.34	97.24	82.86	82.86	92.63	31.49	-
Accounts Receivable	10.59	12.14	3.34	0.85	14.09	8.97	-
Inventory	5.07	5.66	5.14	5.14	5.87	1.98	-
Other Current Assets	29.37	28.94	25.45	21.27	10.99	5.92	-
Total Current Assets	74.37	143.97	116.79	116.79	131.76	48.36	-
Non-Current Assets
Property, Plant & Equipment (Net)	310.82	330.36	338.63	338.63	303.74	211.86	-
Long-Term Investments	7.73	19.38	21.18	-	7.49	0.00	-
Intangible Assets	0.00	1.60	2.23	2.23	2.43	2.69	-
Other Non-Current Assets	47.08	42.98	42.20	63.38	56.28	43.75	-
Total Non-Current Assets	365.62	394.32	404.24	404.24	362.46	258.31	-
Total Assets	440.00	538.29	521.03	521.03	494.22	306.66	-
Current Liabilities
Accounts Payable	30.67	20.30	30.17	30.17	21.76	18.05	-
Short-Term Debt	66.87	114.42	77.71	33.34	3.70	35.16	-
Current Portion of Long-Term Debt	38.95	91.56	-	26.47	23.58	20.42	-
Accrued Liabilities	21.69	20.92	-	18.26	21.78	5.54	-
Deferred Revenue	135.89	128.91	83.91	83.91	58.02	32.36	-
Other Current Liabilities	36.52	29.94	27.96	29.74	0.07	8.69	-
Total Current Liabilities	269.95	294.75	221.54	221.54	138.70	94.52	-
Non-Current Liabilities
Long-Term Debt	176.30	201.24	234.92	166.82	222.32	137.02	-
Other Non-Current Liabilities	51.58	33.36	19.22	29.25	45.05	25.00	-
Total Non-Current Liabilities	254.32	255.21	264.16	264.16	308.10	162.46	-
Total Liabilities	524.27	549.96	485.70	485.70	446.80	256.97	-
Stockholders' Equity
Common Stock	0.01	0.01	0.01	0.01	-4.64	-11.74	-
Retained Earnings	-440.39	-244.18	-80.46	-80.46	0.00	0.00	-
Accumulated Other Comprehensive Income	0.00	-0.06	-0.07	-0.07	-0.48	0.00	-
Additional Paid-in Capital	113.63	9.62	126.98	126.98	0.00	0.00	-
Minority Interest	214.52	184.06	-11.13	-11.13	52.53	61.40	-
Shares Outstanding	31.18	18.20	-	16.65	16.92	16.92	-
Total Stockholders' Equity	-298.79	-195.74	46.46	35.33	47.42	-11.72	-
Total Liabilities & Equity	440.00	538.29	521.03	521.03	494.22	225.97	-

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About flyExclusive Balance Sheet

How much debt does flyExclusive have?

flyExclusive had total debt of $243.17M as of Dec 31, 2025, against $29.34M in cash and short-term investments. Total debt was $315.66M a year earlier.

What are flyExclusive's total assets?

flyExclusive reported total assets of $440.00M as of Dec 31, 2025, down 18.3% from $538.29M a year earlier. Total liabilities were $524.27M.

What is flyExclusive's shareholders' equity?

flyExclusive's shareholders' equity was negative at −$298.79M as of Dec 31, 2025, so its liabilities exceeded its assets.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition