Firefly Aerospace Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	-395.83	-265.81	-156.27
Depreciation & Amortization	19.57	12.55	4.71
Loss (Gain) From Sale of Assets	-0.08	1.74	-0
Stock-Based Compensation	5.74	1.84	1.61
Other Operating Activities	141.9	46.41	23.12
Change in Accounts Receivable	0.63	1.7	-1.04
Change in Accounts Payable	-7.25	6.99	10.77
Change in Unearned Revenue	40.27	30.82	53.24
Change in Other Net Operating Assets	17.13	6.12	-29.57
Operating Cash Flow	-177.92	-157.65	-93.43
Capital Expenditures	-23.41	-32.7	-77.25
Cash Acquisitions	-	-	7.25
Investing Cash Flow	-23.41	-32.7	-69.99
Long-Term Debt Issued	-	48.99	122.86
Long-Term Debt Repaid	-	-3.8	-2.72
Net Debt Issued (Repaid)	-179.77	45.19	120.14
Issuance of Common Stock	946.59	0.83	0.87
Other Financing Activities	-6.29	-2.3	-30.1
Financing Cash Flow	1,158	232.76	240.73
Net Cash Flow	956.57	42.41	77.3
Free Cash Flow	-201.34	-190.35	-170.68
Free Cash Flow Margin	-181.03%	-313.11%	-309.01%
Free Cash Flow Per Share	-6.00	-14.85	-14.25
Cash Interest Paid	18.74	21.13	12.58
Levered Free Cash Flow	-	-134.73	-
Unlevered Free Cash Flow	-	-100.33	-
Change in Working Capital	50.79	45.63	33.4

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q