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	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	-248.78	-231.13	-135.46
Depreciation & Amortization	17.42	12.55	4.71
Stock-Based Compensation	2.2	1.84	1.61
Other Adjustments	16.25	19.35	3.99
Change in Receivables	0.73	1.7	-1.04
Changes in Accounts Payable	-0.02	6.99	10.77
Changes in Accrued Expenses	0.07	-2.05	3.93
Changes in Unearned Revenue	26.44	30.82	53.24
Changes in Other Operating Activities	31.06	8.17	-33.5
Operating Cash Flow	-161.45	-157.65	-93.43
Capital Expenditures	-22.7	-32.7	-77.25
Payments for Business Acquisitions	-	-	7.25
Investing Cash Flow	-22.7	-32.7	-69.99
Long-Term Debt Issued	11.59	48.99	122.86
Long-Term Debt Repaid	-6.48	-3.8	-2.72
Net Long-Term Debt Issued (Repaid)	5.11	45.19	120.14
Issuance of Common Stock	0.87	0.59	0.56
Net Common Stock Issued (Repurchased)	0.87	0.59	0.56
Issuance of Preferred Stock	434.4	189.04	149.83
Net Preferred Stock Issued (Repurchased)	434.4	189.04	149.83
Other Financing Activities	0.06	-2.05	-29.8
Financing Cash Flow	369.38	232.76	240.73
Net Cash Flow	185.23	42.41	77.3
Free Cash Flow	-184.15	-190.35	-170.68
FCF Margin	-179.12%	-313.11%	-309.01%
Free Cash Flow Per Share	-13.76	-14.85	-14.25
Levered Free Cash Flow	-244.23	-196.85	-74.23
Unlevered Free Cash Flow	-172.03	-185.68	-169.97

Updated Sep 22, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q