What were the key financial metrics (revenue, net income, cash flow) reported for Q1 FY2026 and how do they compare to expectations?

Key Q1 FY2026 metrics

Fly‑E Group posted revenues of $45.2 million, well above the Street consensus of roughly $38 million. The company posted a net loss of $3.8 million, versus analysts’ expectation of a $2.1 million loss, reflecting higher‑than‑anticipated R&D spend on its next‑gen scooter platform. On a cash‑basis, Fly‑E generated $1.2 million of operating cash flow, modestly beating the $0.5 million forecast, while its cash‑balance rose to $24 million after a $3 million capital‑expenditure outlay.

Market reaction & trading implications

The top‑line beat and positive cash‑flow surprise outweighed the slightly deeper loss, prompting the stock to rally ~12 % after hours and hold above the 50‑day moving average (≈$9.40). Technically, the breakout through the $9.70 resistance level on volume suggests momentum could carry the price toward the prior high at $10.45. However, the widening loss margin introduces risk if the company cannot translate the sales surge into sustainable profitability. Traders may consider a short‑to‑medium‑term bullish stance (e.g., buying on pull‑backs near $9.70 with a stop at $9.30) while keeping an eye on upcoming guidance and the Q2 earnings beat‑rate. A failure to improve gross margins or a downgrade in FY2026 outlook would likely trigger a rapid retracement toward the $8.80 support zone and the 200‑day SMA.