PerpEquities

Equity

FLY perpetual futures

Firefly Aerospace Inc. tracked across crypto venues with normalized contract specs.

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Price chart

28.00 2.63%
28.0028.5029.0029.5030.0030.50
Jun 30Jul 1Jul 3Jul 4Jul 6
24/7 perp mark · BingX (FLYUS-USDT)
Auto: market closed → highest-volume perp venue

Trading data

Perpetual market activity

2/2 live markets
Venues
2
Live markets
2/2
24h volume
$2.0M
Open interest
$267k
Best liquidity
$467k
Bitget
Tightest spread
+14.3 bps
Bitget
Highest volume
$1.6M
BingX
Settlement mix
USDT · 2/2

Best Liquidity

FLY

Tightest Spread

FLY

Highest Volume

FLY

Venue Matrix

2 markets
Trade
BingXTradeFLYUS-USDTtrading27.880+10.95%+35.9 bps$385k$1.6M$3kUSDT-
BitgetTradeFLY/USDTtrading27.880+0.00%+14.3 bps$467k$328k$265kUSDT20x

Company data

Company fundamentals

Updated 2h ago
Market cap
$4.7B
Updated 2h ago
Revenue
$184.9M
Trailing 12 months
Net income
$-334.9M
Trailing 12 months
Free cash flow
$-257.4M
Trailing 12 months
Profit margin
-181.2%
P/E
-13.5
P/S
25.2
Revenue estimate
$439.9M
Next fiscal year
Revenue growth
+175%
Next fiscal year

Fundamental detail

Annual + quarterly
Latest revenue$159.9M
Net margin-186.6%
Free cash flow$-237.8M
Net debt$-484.4M
2023$55.2M
2024$60.8M
2025$159.9M
PeriodRevenueGrowthNet incomeFCF
2023$55.2M-$-135.5M$-170.7M
2024$60.8M+10%$-231.1M$-190.3M
2025$159.9M+163%$-298.3M$-237.8M
PeriodGross marginOperating marginNet marginROEROA
2023+48.2%-238.8%-245.2%+26.9%-42.2%
2024-18.7%-344.5%-380.2%+30.1%-56.7%
2025+15.6%-154.3%-186.6%-25.1%-16.3%
PeriodCashDebtNet debtCurrent ratio
2023$81.9M$120.9M$39.0M1.10
2024$123.4M$168.4M$45.0M1.01
2025$793.0M$308.6M$-484.4M4.51
PeriodMarket capEnterprise valueP/SP/E
2023$8.7B$8.7B157.0-64.0
2024$8.7B$8.7B142.6-37.5
2025$3.4B$2.9B21.3-11.4
Q1 2024$8.3M
Q2 2024$21.1M
Q1 2025$55.9M
Q2 2025$15.5M
Q3 2025$30.8M
Q4 2025$57.7M
Q1 2026$80.9M
PeriodRevenueGrowthNet incomeFCF
Q1 2024$8.3M-$-52.8M$-65.1M
Q2 2024$21.1M-$-53.5M$-37.6M
Q1 2025$55.9M+572%$-60.1M$-59.2M
Q2 2025$15.5M-26%$-63.8M$-37.3M
Q3 2025$30.8M-$-133.4M$-62.0M
Q4 2025$57.7M-$-41.1M$-79.3M
Q1 2026$80.9M+45%$-96.7M$-78.9M
PeriodGross marginOperating marginNet marginROEROA
Q1 2024-23.1%-590.9%-634.5%+0.0%+0.0%
Q2 2024+14.0%-232.1%-253.7%+0.0%+0.0%
Q1 2025+4.0%-104.8%-107.6%+7.2%-13.7%
Q2 2025+25.7%-349.5%-410.2%+6.9%-13.7%
Q3 2025+27.6%-202.1%-433.5%-14.1%-10.6%
Q4 2025+22.0%-140.5%-71.2%-3.5%-2.2%
Q1 2026+12.7%-118.3%-119.5%-8.7%-6.5%
PeriodCashDebtNet debtCurrent ratio
Q1 2024---0.00
Q2 2024---0.00
Q1 2025$176.9M$167.2M$-9.7M1.39
Q2 2025$205.3M$167.6M$-37.7M1.59
Q3 2025$996.0M$44.5M$-951.5M6.20
Q4 2025$793.0M$308.6M$-484.4M4.51
Q1 2026$326.2M$53.0M$-273.2M2.53
PeriodMarket capEnterprise valueP/SP/E
Q1 2024$8.7B$0.01042.3-41.1
Q2 2024$8.7B$0.0411.4-40.5
Q1 2025$8.7B$8.7B155.2-36.1
Q2 2025$8.7B$8.6B557.5-34.0
Q3 2025$4.3B$3.4B141.1-8.1
Q4 2025$3.5B$3.0B60.4-21.2
Q1 2026$4.5B$4.3B56.2-11.8

Refreshed 2h ago

Research data

Estimates, events and peers

Estimates

6 periods
FY 2026$439.9M+175%7 analysts
FY 2027$710.7M+345%7 analysts
FY 2028$1.1B+615%6 analysts
FY 2029$1.7B+945%5 analysts
FY 2030$2.1B+1217%3 analysts
Q2 2026$89.9M+478%6 analysts

Events

Earnings · dividends · splits
2026-09-28EarningsRevenue est. $113.6M
2026-07-10EarningsRevenue est. $87.3M
2026-05-04EarningsRevenue est. $77.1M
2026-03-19EarningsRevenue est. $52.4M
2025-11-12EarningsRevenue est. $27.7M
2025-09-22EarningsRevenue est. $29.4M

Peer comparison

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