Fly-E Group, Inc. $FLYE reported first-quarter 2027 revenue of $2.7 million, down 48.4% from a year earlier, as the company also posted a sharp drop in gross profit to $299,864. The results point to a much weaker quarter for the business, with revenue and profitability both under pressure.
Losses widened on an operating basis, with operating loss reaching $3.5 million and net loss attributable to common shareholders totaling $3.9 million. Diluted earnings per share came in at -$2.41, reflecting the continued strain on bottom-line performance.
Cash generation also remained negative, with operating cash flow of -$190,160. Fly-E Group ended the quarter with $60,281 in cash and cash equivalents, while total liabilities stood at $12.7 million. Shares rose 11.5% after the market close following the release.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Fly-E Group, Inc. Hedge Fund Activity
We have seen 3 institutional investors add shares of Fly-E Group, Inc. stock to their portfolio, and 8 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- HRT FINANCIAL LP added 19,442 shares (+inf%) to their portfolio in Q2 2026, for an estimated $41,022
- CITADEL ADVISORS LLC added 14,702 shares (+inf%) to their portfolio in Q2 2026, for an estimated $31,021
- GEODE CAPITAL MANAGEMENT, LLC removed 13,208 shares (-50.4%) from their portfolio in Q2 2026, for an estimated $27,868
- RENAISSANCE TECHNOLOGIES LLC removed 12,600 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $26,586
- TOWER RESEARCH CAPITAL LLC (TRC) removed 1,147 shares (-39.4%) from their portfolio in Q2 2026, for an estimated $2,420
- UBS GROUP AG added 218 shares (+inf%) to their portfolio in Q2 2026, for an estimated $459
- DANSKE BANK A/S removed 15 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $31
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
