Flyte Aviation posts record preliminary third-quarter revenue

what happened

GlobeNewswire reported that Flyte Aviation, Inc. (NYSE American: VJET) generated preliminary record revenue of approximately $2.15 million in the third quarter of 2026. The result was 110% above the $1.02 million recorded in the second quarter. Aviation segment revenue rose 150% sequentially to approximately $1.87 million, while MedTech revenue increased 24% year over year and 4% sequentially to about $280,000.

The company said it is adding aircraft to its fleet, has begun operations in the Caribbean and is close to completing permits for flights to and within Canada. Its redesigned direct-to-consumer booking platform, launched in late May 2026, has added more than 13,000 accounts, lifting the registered user base 185% to over 20,000. Direct-to-consumer revenue exceeded $500,000 in the third quarter. Flyte is also expanding partnerships across hospitality, entertainment, sports and culture.

The figures for the quarter ended September 30, 2026 are preliminary and unaudited. The company’s independent registered public accounting firm has not completed its review of the interim financial statements, so final results in the Form 10-Q may differ.

why it matters

The update highlights expansion in Flyte’s aviation activity, customer base and direct sales, while the preliminary status means the figures may still change. For VJET, fleet additions, new routes and conversion of users into bookings remain important operating indicators.

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