Firefly Aerospace Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	184.88	159.86	60.79	55.24
Revenue Growth (YoY)	70.66%	162.95%	10.06%	-
Cost of Revenue	138.97	129.19	72.16	28.64
Gross Profit	45.91	30.67	-11.37	26.6
Selling, General & Admin	124.11	91.25	46.85	40.61
Research & Development	219.62	200.12	149.5	117.87
Other Operating Expenses	-0.01	-0.01	1.74	-0
Total Operating Expenses	343.72	291.35	198.09	158.48
Operating Income	-297.81	-260.69	-209.45	-131.88
Interest Income	16.08	18.19	2.6	2.92
Interest Expense	-11.93	-21.56	-22.97	-6.88
Other Non-Operating Income (Expense)	-78.33	-71.4	-1.31	0.38
Total Non-Operating Income (Expense)	-74.17	-74.78	-21.68	-3.58
Pretax Income	-371.98	-335.47	-231.13	-135.46
Provision for Income Taxes	-37.06	-37.13	-	-
Net Income	-137.73	-298.34	-231.13	-135.46
Net Income Attributable to Preferred Dividends	23.44	35.62	34.68	20.81
Net Income to Common	-358.36	-333.96	-265.81	-156.27
Shares Outstanding (Basic)	106	69	13	12
Shares Outstanding (Diluted)	106	69	13	12
Shares Change (YoY)	709.98%	439.86%	7.03%	-
EPS (Basic)	-8.15	-4.83	-20.74	-13.05
EPS (Diluted)	-8.15	-4.83	-20.74	-13.05
Shares Outstanding	160.07	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	24.83%	19.18%	-18.69%	48.16%
Operating Margin	-161.08%	-163.08%	-344.54%	-238.75%
Profit Margin	-74.50%	-186.63%	-380.20%	-245.24%
FCF Margin	-	-148.73%	-313.11%	-309.01%
EBITDA	-297.81	-237.53	-196.91	-127.17
EBITDA Margin	-161.08%	-148.59%	-323.90%	-230.23%
EBIT	-297.81	-260.69	-209.45	-131.88
EBIT Margin	-161.08%	-163.08%	-344.54%	-238.75%
Effective Tax Rate	9.96%	11.07%	0.00%	0.00%

SEC Filings: 10-K · 10-Q