Revenue for the period fell to $19.1 million, a 25% decline from $25.4 million in fiscal year 2025. The company attributed this drop to a significant reduction in sales volume—selling 42,101 units compared to 58,765 the year prior—compounded by aggressive pricing strategies intended to clear aged inventory. Retail revenue took the hardest hit, plummeting 68.1% to $6.9 million as the company shuttered underperforming stores and faced consumer hesitation regarding lithium-ion battery safety in the New York market.

Despite the retail contraction, Fly-E saw growth in other areas. Wholesale revenue climbed 227.5% to $11.6 million, and rental services revenue rose to $0.6 million. CEO Zhou (Andy) Ou described the year as a "pivotal transition," citing efforts to streamline corporate structure and improve administrative efficiency. While operating expenses decreased by 26.1% to $11.1 million, the company’s gross margin narrowed sharply to 24.4% from 41.1% in 2025. The firm finished the year with $0.3 million in cash, down from $0.8 million at the start of the period.