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EarningsQ2 2026 Earnings Report
FLX Q2 2026 EPS Results
Actual EPS-$0.03
Consensus EPS―
Beat/Miss―
One Year Ago EPS$0.04
FLX Q2 2026 Revenue Results
Actual Revenue$138.13M
Expected Revenue―
Beat/Miss―
YoY Revenue Growth-2.48%
Earnings Announcement Details
QuarterQ2 2026
Date08/20/2026
TimeBefore Open
Conference CallThursday, August 20, 2026
FLX Upcoming Earnings
BingEx Ltd. ADR's next earnings date is estimated for December 2, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
FLX Q2 2026 Earnings Call
0:00 / 0:00
Q2 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presents a balanced picture: strong operational momentum (order growth QoQ, faster delivery times, rider and user expansion, category diversification, AI-driven efficiency gains and rapid drone volume growth) and healthy liquidity with active buybacks, contrasted with near-term financial headwinds (8.2% YoY revenue decline, gross margin compression, GAAP net loss driven by investment fair value changes and sizable YoY drops in operating and non-GAAP profits). Management emphasizes strategic moves—AI, low-altitude logistics, enterprise client growth and cost discipline—for medium-to-long-term margin recovery, but near-term revenue and profitability trends remain challenged.Company Guidance
Order Volume Growth and Faster Delivery
Total order volume grew 8.9% quarter-over-quarter while average delivery time shortened from 25.7 minutes to 25.3 minutes QoQ, indicating improved scale and delivery efficiency even as volume rose.
User and Rider Expansion
Registered Flash-Riders reached 3.23 million and service coverage expanded to 299 cities. Registered users increased to 124 million (an increase of ~4 million from the end of Q1).
Strong Category and Scenario Growth
Flash Mall order volume grew 29.2% QoQ. Luggage delivery order volume grew 37.5% QoQ; food pickup +25% QoQ; parcel pickup +7.2% QoQ; assisted purchasing +6.7% QoQ — demonstrating expansion into higher-value, higher-stickiness scenarios.
Merchant Base Expansion and Enterprise Wins
Newly signed merchants grew 18% QoQ and enterprise client signings accelerated 53.1% QoQ, improving merchant quality and shifting revenue mix toward longer-duration, repeat demand from enterprise relationships.
AI Adoption Driving Operational Efficiency
AI handled 85% of covered customer service scenarios and AI applications in customer service, marketing, and regional ops improved operating efficiency by roughly 30%, reducing process times and headcount requirements in those areas.
Low-Altitude (Drone) Logistics Traction
Drone delivery order volume grew 169.3% QoQ; the company operates 22 routes and launched Hangzhou's first cross-river commercial route that cut a >40 minute trip to about 20 minutes for time-sensitive, higher-value items.
Disciplined Cost Management and Share Repurchase
Total operating expenses declined 14.6% YoY to RMB 88.3 million (driven by lower advertising, staff costs and share-based payment expense). The company repurchased ~3.9 million ADS for ~USD 11.8 million under its buyback program.
Positive Non-GAAP Results and Strong Cash Position
Second quarter non-GAAP income from operations was RMB 10.8 million and non-GAAP net income was RMB 11.4 million. Cash and short-term investments totaled RMB 853.4 million at quarter end, supporting liquidity and buybacks.
Product and Access Innovations
Launched AI-powered voice ordering and quick app entry points (e.g., Huawei HarmonyOS) which saw order volume through the entry grow 27.6% QoQ and users ordering through it grow ~20.9% QoQ, improving accessibility and frequency.
Operational Safety and Rider Training
Expanded rider training and safety procedures—including handling high-value items and new services like round-trip orders—strengthening service reliability and professionalization of the rider base.
FLX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed