Fly-E Group, Inc. Announces Fiscal Year 2026 Financial Results
NEW YORK, July 23, 2026 /PRNewswire/ -- Fly-E Group, Inc. (NASDAQ:FLYE) ("Fly-E" or the "Company"), an electric vehicle company engaged in designing, installing, selling, and renting smart electric motorcycles, electric bikes, and electric scooters, today announced its financial results for the fiscal year ended March 31, 2026.
Fiscal Year 2026 Financial SummaryNet revenues were $19.1 million in fiscal year 2026, compared to $25.4 million in fiscal year 2025.Gross profit was $4.7 million in fiscal year 2026, compared to $10.5 million in fiscal year 2025.Gross margin was 24.4% in fiscal year 2026, compared to 41.1% in fiscal year 2025.Net Loss was $9.3 million in fiscal year 2026, compared to
