Firefly Aerospace, Inc.

FLY Industrials Aerospace & Defense

Firefly Aerospace, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $159.9 million, up 163.0% from fiscal 2024.

Revenue
+656.9%
EPS
+90.1%
Free cash flow
−185.3%
Total debt
−85.4%

Quarter to June 2026, against a year earlier

17.28 0.26 +1.53%
Market cap
$2.9B
P/E
0.0×
Fwd P/E
−8.2×
Dividend yield
—
F-score
5/9
Altman Z
0.79
Beneish M
13.36
Dividend safety
n/a

Firefly Aerospace, Inc. (FLY) Gross margin

Alert me on Gross margin

Firefly Aerospace, Inc.'s gross margin over the twelve months to 30 June 2026 was 22.9%, up 3.7 percentage points from fiscal 2025 (19.2%). That is below the Aerospace & Defense industry median of 26.0% and below the Industrials sector median of 30.7%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 19.2% 37.87
FY2024 −18.7% (66.85)
FY2023 48.2% —

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 20.3% (1.30)
Mar 2026 21.6% (6.08)
Dec 2025 27.7% 0.09
Sep 2025 27.6% 1.89
6 more quarters

Gross margin against peers

Company Gross margin
ATRO Astronics Corporation compare 32.5%
MOG.B Moog Inc. compare 28.2%
DCO Ducommun Incorporated compare 27.4%
AADX Applied Aerospace & Defense, Inc. compare 25.4%
FLY Firefly Aerospace, Inc. 22.9%
RDW Redwire Corporation compare 20.1%
LUNR Intuitive Machines, Inc. compare 16.4%
VVX V2X, Inc. compare 8.47%
ACHR Archer Aviation Inc. compare 0.00%
Aerospace & Defense industry median 26.0%
Industrials sector median 30.7%
Market median 46.4%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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