Firefly Aerospace Inc. (FLY) income statement
NASDAQ · Industrials · Aerospace & Defense · 1,409 employees · CEO Jason Kim
- Price
- $17.94 -9.74%
- Market cap
- $3B
- Enterprise value
- $2.6B
- Last report
- Q2 '26 filed 2026-08-11
- Next report
- 2026-11-10 EPS est. -$0.53
Firefly Aerospace Inc. (FLY) reported revenue of $118M for Q2 '26 (+656.9% year on year), operating income of -$95.2M (-80.9% of revenue) and net income of -$92.3M. Over the last four quarters revenue was $287M.
Income statement
| Income statement | Trend | Q1 '24 | Q2 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.32M | $21.1M | $55.9M | $15.5M | $30.8M | $57.7M | $80.9M | $118M | |
| Cost of revenue | $10.2M | $18.1M | $53.6M | $11.6M | $22.3M | $45M | $70.6M | $93.8M | |
| Gross profit | -$1.92M | $2.95M | $2.22M | $4M | $8.49M | $12.7M | $10.3M | $23.9M | |
| Research & development | $37.6M | $39.5M | $48M | $45.8M | $48.8M | $57.6M | $67.5M | $71.5M | |
| Other operating expenses | $3K | $19K | $0 | $0 | $0 | $0 | $0 | $0 | |
| Operating expenses | $47.2M | $51.9M | $60.8M | $58.3M | $70.7M | $93.7M | $106M | $119M | |
| Operating income | -$49.1M | -$48.9M | -$58.5M | -$54.4M | -$62.2M | -$81M | -$95.7M | -$95.2M | |
| Interest income | $0 | $0 | $0 | $0 | $1.33M | $10.1M | $5.97M | $4.34M | |
| Interest expense | $3.75M | $3.74M | $5.16M | $5.24M | $0 | $4.42M | $3.61M | $1.79M | |
| Other non-operating income (gains on investments, FX ...) | -$123K | $815K | -$3.62M | $4.19M | $71.2M | -$7.27M | -$2.66M | -$4.64M | |
| Total non-operating income | -$3.63M | -$4.55M | -$1.55M | -$9.43M | -$71.2M | $2.85M | -$941K | $2.84M | |
| Income before tax | -$52.8M | -$53.5M | -$60.1M | -$63.8M | -$133M | -$78.2M | -$96.6M | -$92.4M | |
| Income tax | $0 | $0 | $0 | $0 | $0 | -$37.1M | $67K | -$35K | |
| Net income | -$52.8M | -$53.5M | -$60.1M | -$63.8M | -$133M | -$41.1M | -$96.7M | -$92.3M | |
| EPS (basic) | -$0.40 | -$0.41 | -$0.50 | -$0.56 | -$0.95 | -$0.26 | -$0.61 | -$0.57 | |
| EPS (diluted) | -$0.40 | -$0.41 | -$0.50 | -$0.56 | -$0.95 | -$0.26 | -$0.61 | -$0.57 | |
| Shares (basic, weighted) | 144M | 144M | 144M | 144M | 148M | 156M | 160M | 162M | |
| Shares (diluted, weighted) | 144M | 144M | 144M | 144M | 148M | 156M | 160M | 162M | |
| Depreciation & amortization | $1.5M | $1.5M | $4M | $3.92M | $5.62M | $9.62M | $15.9M | $14M | |
| EBITDA | -$47.5M | -$48.2M | -$50.9M | -$54.6M | -$128M | -$64.1M | -$77.1M | -$76.6M |
| Income statement | Trend | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Revenue | $55.2M | $60.8M | $160M | |
| Cost of revenue | $28.6M | $72.2M | $135M | |
| Gross profit | $26.6M | -$11.4M | $24.9M | |
| Research & development | $118M | $149M | $200M | |
| Other operating expenses | -$1K | $1.74M | $0 | |
| Operating expenses | $158M | $198M | $271M | |
| Operating income | -$132M | -$209M | -$247M | |
| Interest income | $0 | $0 | $18.2M | |
| Interest expense | $3.96M | $20.4M | $21.6M | |
| Other non-operating income (gains on investments, FX ...) | -$381K | $1.31M | $67.3M | |
| Total non-operating income | -$3.58M | -$21.7M | -$88.9M | |
| Income before tax | -$135M | -$231M | -$335M | |
| Income tax | $0 | $0 | -$37.1M | |
| Net income | -$135M | -$231M | -$298M | |
| EPS (basic) | -$1.09 | -$1.85 | -$2.21 | |
| EPS (diluted) | -$1.09 | -$1.85 | -$2.21 | |
| Shares (basic, weighted) | 144M | 144M | 152M | |
| Shares (diluted, weighted) | 144M | 144M | 152M | |
| Depreciation & amortization | $4.71M | $12.5M | $23.2M | |
| EBITDA | -$127M | -$198M | -$291M |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30
Data as of 2026-11-02