Materiality
90
earnings
Source
External coverage
Decided
2026-06-29
Fly-E's fiscal Q2 2025 results were negative for sentiment: revenue fell 22.1% year over year to $6.8 million, the company swung from net income to a $1.1 million net loss, EBITDA turned negative, and management tied weaker retail demand to New York e-bike battery safety incidents and customer shifts toward oil-powered vehicles. Gross margin held above 40%, but that support was outweighed by sales contraction, higher operating expenses, and weak operating cash flow in the first half.