Fly-E Group Inc (FLYE) FinancialsFLYEFly-E Group Inc

Evaluating the bottom line, Fly-E Group Inc maintains a gross margin of 10.91%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at -119.43%, while the net margin is -143.34%. These profitability ratios, combined with a Return on Equity (ROE) of -82.25%, provide a clear picture of how effectively FLYE converts its operational activities into shareholder value.

In the context of the broader market, FLYE competes directly with industry leaders such as SSM and GP. With a market capitalization of $4.34M, it holds a leading position in the sector. When comparing efficiency, FLYE's gross margin of 10.91% stands against SSM's N/A and GP's 32.93%. Such benchmarking helps identify whether Fly-E Group Inc is trading at a premium or discount relative to its financial performance.

Fly-E Group has shown a troubling financial trajectory, with total revenue for Q3 2026 at $2.6 million, a 53.3% decrease year-over-year. The net loss has widened to $1.9 million, indicating severe operational challenges. Gross margin has also declined to 39.6%, down from 45.1% in the previous year, reflecting pressure on profitability.