Firefly Aerospace Inc. (FLY)

Firefly Aerospace Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023
Revenue	159.86	60.79	55.24
Revenue Growth (YoY)	162.95%	10.06%	-
Cost of Revenue	129.19	72.16	28.64
Gross Profit	30.67	-11.37	26.6
Selling, General & Admin	91.25	46.85	40.61
Research & Development	200.12	149.5	117.87
Other Operating Expenses	-0.01	1.74	-0
Total Operating Expenses	291.35	198.09	158.48
Operating Income	-260.69	-209.45	-131.88
Interest Income	18.19	2.6	2.92
Interest Expense	-21.56	-22.97	-6.88
Other Non-Operating Income (Expense)	-71.4	-1.31	0.38
Total Non-Operating Income (Expense)	-74.78	-21.68	-3.58
Pretax Income	-335.47	-231.13	-135.46
Provision for Income Taxes	-37.13	-	-
Net Income	-333.96	-265.81	-156.27
Net Income Attributable to Preferred Dividends	35.62	34.68	20.81
Net Income to Common	-333.96	-265.81	-156.27
Shares Outstanding (Basic)	69	13	12
Shares Outstanding (Diluted)	69	13	12
Shares Change (YoY)	439.86%	7.03%	-
EPS (Basic)	-4.83	-20.74	-13.05
EPS (Diluted)	-4.83	-20.74	-13.05
Shares Outstanding	159.28	13.24	12.41
Free Cash Flow	-237.75	-190.35	-170.68
Free Cash Flow Per Share	-3.44	-14.85	-14.25
Gross Margin	19.18%	-18.69%	48.16%
Operating Margin	-163.08%	-344.54%	-238.75%
Profit Margin	-186.63%	-380.20%	-245.24%
FCF Margin	-148.73%	-313.11%	-309.01%
EBITDA	-237.53	-196.91	-127.17
EBITDA Margin	-148.59%	-323.90%	-230.23%
EBIT	-260.69	-209.45	-131.88
EBIT Margin	-163.08%	-344.54%	-238.75%
Effective Tax Rate	11.07%	0.00%	0.00%

Updated Mar 19, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q