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Side-by-side financial comparison of Firefly Aerospace Inc. (FLY) and Rumble Inc. (RUM). Click either name above to swap in a different company.
Firefly Aerospace Inc. is the larger business by last-quarter revenue ($30.8M vs $27.1M, roughly 1.1× Rumble Inc.). Rumble Inc. runs the higher net margin — -120.8% vs -433.5%, a 312.7% gap on every dollar of revenue. On growth, Firefly Aerospace Inc. posted the faster year-over-year revenue change (37.6% vs -10.5%). Rumble Inc. produced more free cash flow last quarter ($-31.7M vs $-62.0M).
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.
Rumble is a Canadian-American online video platform, web hosting, and cloud services business headquartered in Toronto, Canada, with its U.S. headquarters in Longboat Key, Florida. It was founded in 2013 by Chris Pavlovski, a Canadian technology entrepreneur. Rumble's cloud services business hosts Truth Social, and the video platform is popular among American conservative and far-right users. Rumble has been described as "alt-tech".
FLY vs RUM — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $30.8M | $27.1M |
| Net Profit | $-133.4M | $-32.7M |
| Gross Margin | 27.6% | 5.5% |
| Operating Margin | -202.1% | -131.1% |
| Net Margin | -433.5% | -120.8% |
| Revenue YoY | 37.6% | -10.5% |
| Net Profit YoY | -227.1% | 86.2% |
| EPS (diluted) | $-1.50 | $-0.13 |
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.
| Q4 25 | — | $27.1M | ||
| Q3 25 | $30.8M | $24.8M | ||
| Q2 25 | $15.5M | — | ||
| Q1 25 | — | $23.7M | ||
| Q4 24 | — | $30.2M | ||
| Q3 24 | $22.4M | $25.1M | ||
| Q2 24 | $21.1M | $22.5M | ||
| Q1 24 | — | $17.7M |
| Q4 25 | — | $-32.7M | ||
| Q3 25 | $-133.4M | $-16.3M | ||
| Q2 25 | $-63.8M | — | ||
| Q1 25 | — | $-2.7M | ||
| Q4 24 | — | $-236.8M | ||
| Q3 24 | $-40.8M | $-31.5M | ||
| Q2 24 | $-53.5M | $-26.8M | ||
| Q1 24 | — | $-43.3M |
| Q4 25 | — | 5.5% | ||
| Q3 25 | 27.6% | -1.8% | ||
| Q2 25 | 25.7% | — | ||
| Q1 25 | — | -26.7% | ||
| Q4 24 | — | -14.2% | ||
| Q3 24 | 34.7% | -45.4% | ||
| Q2 24 | 14.0% | -58.8% | ||
| Q1 24 | — | -79.5% |
| Q4 25 | — | -131.1% | ||
| Q3 25 | -202.1% | -113.6% | ||
| Q2 25 | -349.5% | — | ||
| Q1 25 | — | -153.5% | ||
| Q4 24 | — | -80.1% | ||
| Q3 24 | -152.9% | -131.0% | ||
| Q2 24 | -232.1% | -172.7% | ||
| Q1 24 | — | -197.4% |
| Q4 25 | — | -120.8% | ||
| Q3 25 | -433.5% | -65.7% | ||
| Q2 25 | -410.2% | — | ||
| Q1 25 | — | -11.2% | ||
| Q4 24 | — | -783.2% | ||
| Q3 24 | -182.3% | -125.9% | ||
| Q2 24 | -253.7% | -119.2% | ||
| Q1 24 | — | -244.1% |
| Q4 25 | — | $-0.13 | ||
| Q3 25 | $-1.50 | $-0.06 | ||
| Q2 25 | $-5.78 | — | ||
| Q1 25 | — | $-0.01 | ||
| Q4 24 | — | $-1.17 | ||
| Q3 24 | $-3.57 | $-0.15 | ||
| Q2 24 | $-4.60 | $-0.13 | ||
| Q1 24 | — | $-0.21 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $995.2M | $237.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $948.8M | $274.8M |
| Total Assets | $1.3B | $336.8M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $237.9M | ||
| Q3 25 | $995.2M | $269.8M | ||
| Q2 25 | $205.3M | — | ||
| Q1 25 | — | $301.3M | ||
| Q4 24 | — | $114.0M | ||
| Q3 24 | $26.4M | $132.0M | ||
| Q2 24 | $21.9M | $154.2M | ||
| Q1 24 | — | $183.8M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $136.1M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | $274.8M | ||
| Q3 25 | $948.8M | $302.2M | ||
| Q2 25 | $-918.0M | — | ||
| Q1 25 | — | $339.6M | ||
| Q4 24 | — | $-63.1M | ||
| Q3 24 | $-665.5M | $166.1M | ||
| Q2 24 | $-620.0M | $192.7M | ||
| Q1 24 | — | $210.7M |
| Q4 25 | — | $336.8M | ||
| Q3 25 | $1.3B | $367.2M | ||
| Q2 25 | $466.8M | — | ||
| Q1 25 | — | $391.1M | ||
| Q4 24 | — | $195.3M | ||
| Q3 24 | — | $217.2M | ||
| Q2 24 | — | $243.2M | ||
| Q1 24 | — | $263.0M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-53.0M | $-29.4M |
| Free Cash FlowOCF − Capex | $-62.0M | $-31.7M |
| FCF MarginFCF / Revenue | -201.3% | -117.2% |
| Capex IntensityCapex / Revenue | 29.0% | 8.5% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-70.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $-29.4M | ||
| Q3 25 | $-53.0M | $-10.6M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $-14.5M | ||
| Q4 24 | — | $-12.4M | ||
| Q3 24 | — | $-19.1M | ||
| Q2 24 | — | $-21.7M | ||
| Q1 24 | — | $-33.9M |
| Q4 25 | — | $-31.7M | ||
| Q3 25 | $-62.0M | $-12.0M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $-14.6M | ||
| Q4 24 | — | $-12.4M | ||
| Q3 24 | — | $-19.9M | ||
| Q2 24 | — | $-23.1M | ||
| Q1 24 | — | $-34.3M |
| Q4 25 | — | -117.2% | ||
| Q3 25 | -201.3% | -48.6% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -61.7% | ||
| Q4 24 | — | -40.9% | ||
| Q3 24 | — | -79.5% | ||
| Q2 24 | — | -102.8% | ||
| Q1 24 | — | -193.3% |
| Q4 25 | — | 8.5% | ||
| Q3 25 | 29.0% | 5.7% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.6% | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | — | 3.4% | ||
| Q2 24 | — | 6.1% | ||
| Q1 24 | — | 2.4% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FLY
| Spacecraft Solutions Revenue | $21.4M | 69% |
| Launch Revenue | $9.4M | 31% |
RUM
| Audience Monetization | $23.8M | 88% |
| Other Initiatives | $3.3M | 12% |
