Firefly Aerospace Inc. (FLY)

Firefly Aerospace Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023
Revenue	111.22	60.79	55.24
Revenue Growth (YoY)	101.35%	10.06%	-
Cost of Revenue	116.68	72.16	28.64
Gross Profit	-5.46	-11.37	26.6
Selling, General & Admin	61.92	46.85	40.61
Research & Development	185.01	149.5	117.87
Other Operating Expenses	-0.08	1.74	-0
Total Operating Expenses	246.85	198.09	158.48
Operating Income	-252.31	-209.45	-131.88
Interest Expense	-15.29	-20.37	-3.96
Other Non-Operating Income (Expense)	-74.18	-1.31	0.38
Total Non-Operating Income (Expense)	-89.47	-21.68	-3.58
Pretax Income	-341.4	-231.13	-135.46
Net Income	-395.83	-265.81	-156.27
Net Income Attributable to Preferred Dividends	-39.3	-34.68	-20.81
Net Income to Common	-395.83	-265.81	-156.27
Shares Outstanding (Basic)	34	13	12
Shares Outstanding (Diluted)	34	13	12
Shares Change (YoY)	180.70%	7.03%	-
EPS (Basic)	-15.19	-20.74	-13.05
EPS (Diluted)	-15.19	-20.74	-13.05
Free Cash Flow	-	-190.35	-170.68
Free Cash Flow Per Share	-	-14.85	-14.25
Gross Margin	-4.91%	-18.69%	48.16%
Operating Margin	-226.86%	-344.54%	-238.75%
Profit Margin	-54.03%	-380.20%	-245.24%
FCF Margin	-	-313.11%	-309.01%
EBITDA	-252.31	-196.91	-127.17
EBITDA Margin	-226.86%	-323.90%	-230.23%
EBIT	-252.31	-209.45	-131.88
EBIT Margin	-226.86%	-344.54%	-238.75%

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q