Flyte Aviation Reports Record Preliminary Third Quarter Revenue of $2.15 Million, Up 110% Quarter Over Quarter
Key Highlights
- ➤Q3 preliminary revenue $2.15 million, up 110% quarter over quarter
- ➤Aviation revenue $1.87 million, up 150% sequentially from Q2 2026
- ➤MedTech revenue $280,000, up 24% year over year and 4% sequentially
- ➤Platform users exceed 20,000 after 185% growth and 13,000 new accounts
- ➤Direct-to-consumer revenue surpassed $500,000 during the third quarter
Expert Statements
David Jenkins, CEO of Flyte Aviation
“We are extremely pleased with our increasing revenue trajectory. Flyte Aviation more than doubled its revenue sequentially as we are just beginning to see the pieces of our aviation growth strategy coming together to produce substantial increases in users and demand – with more flights flown and a larger overall aviation network.”
David Jenkins, CEO of Flyte Aviation
“Flyte is actively in the process of adding additional aircraft to our fleet, which we expect will support further revenue growth during the current quarter and into 2027,”
David Jenkins, CEO of Flyte Aviation
“We have commenced operations to the Caribbean and are nearly finished with the permitting process to begin flying to and within Canada.”
David Jenkins, CEO of Flyte Aviation
“Our goal is not simply to generate a booking,”
David Jenkins, CEO of Flyte Aviation
“We intend to build a large and engaged network of customers who think of Flyte first when they need private regional travel. Surpassing 20,000 users this early in our platform’s development is an important milestone, but we believe we are still in the earliest stages of our network’s potential.”
David Jenkins, CEO of Flyte Aviation
“Our focus has been on improving not only the private aviation experience itself, but also the way customers access it,”
David Jenkins, CEO of Flyte Aviation
“Private aviation should be as seamless to book as the other premium services consumers use every day. The strong response to our platform demonstrates meaningful demand for a more modern approach.”
* Aviation revenue grew 150% sequentially, from Q2 2026, to approximately $1.87 million * Proprietary digital aviation platform user base surges 185% since its redesign in late May 2026, adding more than 13,000 new accounts and exceeding 20,000 total users NEW YORK, Oct. 12, 2026 (GLOBE NEWSWIRE) -- Flyte Aviation, Inc. (NYSE American: VJET), a technology-enabled private aviation company, today announced record preliminary third quarter 2026 revenue of approximately $2.15 million. This represents an increase of approximately 110%, quarter-over-quarter, compared with $1.02 million in the second quarter of 2026.
The Company’s Q3 Aviation segment revenue increased 150%, sequentially, to approximately $1.87 million. Its MedTech segment’s revenue increased 24% year-over-year and 4% sequentially, to approximately $280,000. The third quarter 2026 financial results included in this press release are preliminary and are subject to change. (See “Preliminary Unaudited Financial Results” below.)
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