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Side-by-side financial comparison of Avidia Bancorp, Inc. (AVBC) and Firefly Aerospace Inc. (FLY). Click either name above to swap in a different company.

Firefly Aerospace Inc. is the larger business by last-quarter revenue ($30.8M vs $26.8M, roughly 1.1× Avidia Bancorp, Inc.). Avidia Bancorp, Inc. runs the higher net margin — 22.9% vs -433.5%, a 456.4% gap on every dollar of revenue. Avidia Bancorp, Inc. produced more free cash flow last quarter ($24.1M vs $-62.0M).

Avidia Bank is an American mutual community bank headquartered in Hudson, Massachusetts. It was founded in 2007 when it was formed by a merger between Hudson Savings Bank and Westborough Bank.

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.

AVBC vs FLY — Head-to-Head

Bigger by revenue
FLY
FLY
1.1× larger
FLY
$30.8M
$26.8M
AVBC
Higher net margin
AVBC
AVBC
456.4% more per $
AVBC
22.9%
-433.5%
FLY
More free cash flow
AVBC
AVBC
$86.1M more FCF
AVBC
$24.1M
$-62.0M
FLY

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
AVBC
AVBC
FLY
FLY
Revenue
$26.8M
$30.8M
Net Profit
$5.3M
$-133.4M
Gross Margin
27.6%
Operating Margin
33.3%
-202.1%
Net Margin
22.9%
-433.5%
Revenue YoY
37.6%
Net Profit YoY
-227.1%
EPS (diluted)
$-1.50

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AVBC
AVBC
FLY
FLY
Q4 25
$26.8M
Q3 25
$28.0M
$30.8M
Q2 25
$25.9M
$15.5M
Q1 25
$22.9M
Q3 24
$22.4M
Q2 24
$21.1M
Net Profit
AVBC
AVBC
FLY
FLY
Q4 25
$5.3M
Q3 25
$-907.0K
$-133.4M
Q2 25
$3.9M
$-63.8M
Q1 25
$-11.6M
Q3 24
$-40.8M
Q2 24
$-53.5M
Gross Margin
AVBC
AVBC
FLY
FLY
Q4 25
Q3 25
27.6%
Q2 25
25.7%
Q1 25
Q3 24
34.7%
Q2 24
14.0%
Operating Margin
AVBC
AVBC
FLY
FLY
Q4 25
33.3%
Q3 25
-7.0%
-202.1%
Q2 25
19.4%
-349.5%
Q1 25
-72.0%
Q3 24
-152.9%
Q2 24
-232.1%
Net Margin
AVBC
AVBC
FLY
FLY
Q4 25
22.9%
Q3 25
-3.2%
-433.5%
Q2 25
15.0%
-410.2%
Q1 25
-50.5%
Q3 24
-182.3%
Q2 24
-253.7%
EPS (diluted)
AVBC
AVBC
FLY
FLY
Q4 25
Q3 25
$-0.05
$-1.50
Q2 25
$-5.78
Q1 25
Q3 24
$-3.57
Q2 24
$-4.60

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AVBC
AVBC
FLY
FLY
Cash + ST InvestmentsLiquidity on hand
$275.0M
$995.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$379.0M
$948.8M
Total Assets
$2.8B
$1.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVBC
AVBC
FLY
FLY
Q4 25
$275.0M
Q3 25
$208.3M
$995.2M
Q2 25
$592.5M
$205.3M
Q1 25
Q3 24
$26.4M
Q2 24
$21.9M
Total Debt
AVBC
AVBC
FLY
FLY
Q4 25
Q3 25
Q2 25
$136.1M
Q1 25
Q3 24
Q2 24
Stockholders' Equity
AVBC
AVBC
FLY
FLY
Q4 25
$379.0M
Q3 25
$372.0M
$948.8M
Q2 25
$191.4M
$-918.0M
Q1 25
$186.1M
Q3 24
$-665.5M
Q2 24
$-620.0M
Total Assets
AVBC
AVBC
FLY
FLY
Q4 25
$2.8B
Q3 25
$2.8B
$1.3B
Q2 25
$3.0B
$466.8M
Q1 25
$2.7B
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AVBC
AVBC
FLY
FLY
Operating Cash FlowLast quarter
$28.4M
$-53.0M
Free Cash FlowOCF − Capex
$24.1M
$-62.0M
FCF MarginFCF / Revenue
89.9%
-201.3%
Capex IntensityCapex / Revenue
16.0%
29.0%
Cash ConversionOCF / Net Profit
5.32×
TTM Free Cash FlowTrailing 4 quarters
$40.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVBC
AVBC
FLY
FLY
Q4 25
$28.4M
Q3 25
$24.1M
$-53.0M
Q2 25
$-2.3M
Q1 25
$-2.2M
Q3 24
Q2 24
Free Cash Flow
AVBC
AVBC
FLY
FLY
Q4 25
$24.1M
Q3 25
$23.3M
$-62.0M
Q2 25
$-3.3M
Q1 25
$-3.9M
Q3 24
Q2 24
FCF Margin
AVBC
AVBC
FLY
FLY
Q4 25
89.9%
Q3 25
83.2%
-201.3%
Q2 25
-12.8%
Q1 25
-16.9%
Q3 24
Q2 24
Capex Intensity
AVBC
AVBC
FLY
FLY
Q4 25
16.0%
Q3 25
3.1%
29.0%
Q2 25
3.7%
Q1 25
7.2%
Q3 24
Q2 24
Cash Conversion
AVBC
AVBC
FLY
FLY
Q4 25
5.32×
Q3 25
Q2 25
-0.60×
Q1 25
Q3 24
Q2 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AVBC
AVBC

Segment breakdown not available.

FLY
FLY

Spacecraft Solutions Revenue$21.4M69%
Launch Revenue$9.4M31%

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