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Fly-e Group's Business Segments
Fly-e Group's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of FY
Reportable Segments
3
Largest Segment
Revenueswholesale
Total Revenue
$ 3
Regions Reported
-
Revenue Share by Reportable Segment - FY
- Revenueswholesale76.3%
- Retail21.4%
- Revenues Rental Services2.3%
Revenue by Reportable Segment - FY
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Revenueswholesale | $ 2 | 76.3% |
| Retail | $ 1 | 21.4% |
| Revenues Rental Services | $ 0 | 2.3% |
Annual Results
Revenue Share by Reportable Segment - FY
- Revenueswholesale76.3%
- Retail21.4%
- Revenues Rental Services2.3%
Revenue by Reportable Segment - FY
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Revenueswholesale | $ 2 | 76.3% |
| Retail | $ 1 | 21.4% |
| Revenues Rental Services | $ 0 | 2.3% |
Revenue by Product & Service Category - FY
- Revenueswholesale60.6%
- Retail36.3%
- Revenues Rental Services3%
Revenue by Product & Service Category - FY
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Revenueswholesale | $ 12 | 60.6% |
| Retail | $ 7 | 36.3% |
| Revenues Rental Services | $ 1 | 3% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
Description of Fly-e Group
Fly-E Group, Inc., established in 2018 in New York, is an electric vehicle company specializing in the design, installation, and sale of smart electric motorcycles, electric bikes, electric scooters, and related accessories under the brand "Fly E-Bike." As of July 23, 2026, the company operates four stores in the United States and offers rental services in New York, Boston, and Los Angeles, alongside an online store serving U.S. customers. Fly-E Group's product portfolio includes 27 electric motorcycle models, 37 electric bike models, and 38 electric scooter models, with ongoing updates to align with market trends. The company targets urban transportation needs, including products designed for food delivery workers featuring extended battery life, stable backseats, and an easy battery swap system. Its smart electric bikes incorporate advanced technologies in smart features, powertrain, and battery systems. For the fiscal year ended March 31, 2026, Fly-E Group reported net revenues of approximately $19.1 million from retail sales, wholesale, and rental services. The company completed an initial public offering on June 7, 2024, raising $9.0 million before expenses, and conducted a stock split in April 2024 to increase authorized shares.
The Company and its subsidiaries sell e-bikes, e-motorcycles, e-scooters, and related products and services through their stores. The Company's revenue streams have similar economic characteristics and are managed as a single business unit. Using the management approach, the Company identifies its reportable operating segments based on internal organization and reporting reviewed by the chief operating decision makers (CODM). Since the CODM evaluates resource allocation and performance based on consolidated results, the Company has determined it has only one reportable operating segment.