Firefly Aerospace Inc.FLYEarnings & Financial Report
Firefly Aerospace, Inc. (Firefly) is an American aerospace firm based in Cedar Park, Texas. Firefly develops small- and medium-lift launch vehicles for commercial launches to orbit. Firefly's stated purpose is to increase access to space, similar to other private spaceflight companies.
FLY Q3 FY2025 Key Financial Metrics
Revenue
$30.8M
Gross Profit
$8.5M
Operating Profit
$-62.2M
Net Profit
$-133.4M
Gross Margin
27.6%
Operating Margin
-202.1%
Net Margin
-433.5%
YoY Growth
37.6%
EPS
$-1.50
Firefly Aerospace Inc. Q3 FY2025 Financial Summary
Firefly Aerospace Inc. reported revenue of $30.8M (up 37.6% YoY) for Q3 FY2025, with a net profit of $-133.4M (down 227.1% YoY) (-433.5% margin). Cost of goods sold was $22.3M, operating expenses totaled $70.7M.
Key Financial Metrics
| Total Revenue | $30.8M |
|---|---|
| Net Profit | $-133.4M |
| Gross Margin | 27.6% |
| Operating Margin | -202.1% |
| Report Period | Q3 FY2025 |
Revenue Breakdown
Firefly Aerospace Inc. Q3 FY2025 revenue of $30.8M breaks down across 2 segments, led by Spacecraft Solutions Revenue at $21.4M (69.4% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Spacecraft Solutions Revenue | $21.4M | 69.4% |
| Launch Revenue | $9.4M | 30.6% |
Firefly Aerospace Inc. Revenue by Segment — Quarterly Trend
Firefly Aerospace Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Spacecraft Solutions Revenue and Launch Revenue) has evolved quarter over quarter.
| Segment | Q3 FY2025 | Q2 FY2025 | Q3 FY2024 | Q2 FY2024 |
|---|---|---|---|---|
| Spacecraft Solutions Revenue | $21.4M | $9.2M | — | — |
| Launch Revenue | $9.4M | $6.3M | — | — |
Firefly Aerospace Inc. Quarterly Revenue & Net Profit History
Firefly Aerospace Inc. results over the last 4 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 FY2025 | $30.8M | +37.6% | $-133.4M | -433.5% |
| Q2 FY2025 | $15.5M | -26.2% | $-63.8M | -410.2% |
| Q3 FY2024 | $22.4M | — | $-40.8M | -182.3% |
| Q2 FY2024 | $21.1M | — | $-53.5M | -253.7% |
Income Statement
| Q2 2024 | Q3 2024 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|
| Revenue | $21.1M | $22.4M | $15.5M | $30.8M |
| YoY Growth | N/A | N/A | -26.2% | 37.6% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|
| Assets | N/A | N/A | $466.8M | $1.26B |
| Liabilities | N/A | N/A | $411.4M | $307.4M |
| Equity | $-620.0M | $-665.5M | $-918.0M | $948.8M |
Cash Flow
| Q3 2025 | |
|---|---|
| Operating CF | $-53.0M |