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) Operating margin

Alert me on Operating margin

Firefly Aerospace, Inc.'s operating margin over the twelve months to 30 June 2026 was −118.0%, up 45.1 percentage points from fiscal 2025 (−163.1%). That is below the Aerospace & Defense industry median of 1.21% and below the Industrials sector median of 5.12%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 −163.1% 181.46
FY2024 −344.5% (105.79)
FY2023 −238.8% —

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 −80.9% 37.40
Mar 2026 −118.3% 30.13
Dec 2025 −148.4% 53.65
Sep 2025 −202.1% 147.47
6 more quarters

Operating margin against peers

Company Operating margin
ATRO Astronics Corporation compare 13.4%
MOG.B Moog Inc. compare 11.9%
VVX V2X, Inc. compare 4.17%
ACHR Archer Aviation Inc. compare 0.00%
DCO Ducommun Incorporated compare −1.66%
AADX Applied Aerospace & Defense, Inc. compare −13.9%
LUNR Intuitive Machines, Inc. compare −27.5%
RDW Redwire Corporation compare −50.5%
FLY Firefly Aerospace, Inc. −118.0%
Aerospace & Defense industry median 1.21%
Industrials sector median 5.12%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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