Is Firefly Aerospace Inc. (FLY) a Buy, Sell, or Hold?
Firefly Aerospace Inc.
NASDAQ:FLY
$20.94 USD
-$0.61 (-2.83%)
- Volume
- 4.48M
- Average Volume
- 7.28M
- Market Capitalization
- $3.44B
- P/E Ratio
- -8.80
- Dividend Yield
- 0.00%
- Price Target
- $37.00
- Year High
- $73.80
- Year Low
- $16.00
- Day High
- —
- Day Low
- —
- Payout Ratio
- $-0.01
- Current Ratio
- $2.53
FLY Financial
| date | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| revenue | 159.86M | 60.79M | 55.24M |
| costOfRevenue | 134.99M | 72.16M | 28.64M |
| grossProfit | 24.87M | -11.36M | 26.6M |
| researchAndDevelopmentExpenses | 200.12M | 149.5M | 117.87M |
| generalAndAdministrativeExpenses | - | - | - |
| sellingAndMarketingExpenses | - | - | - |
| sellingGeneralAndAdministrativeExpenses | 71.33M | 46.85M | 40.6M |
| otherExpenses | - | 1.74M | -1000 |
| operatingExpenses | 271.45M | 198.09M | 158.48M |
| costAndExpenses | 406.44M | 270.24M | 187.11M |
| netInterestIncome | -3.38M | -20.37M | -3.96M |
| interestIncome | 18.19M | - | - |
| interestExpense | 21.56M | 20.37M | 3.96M |
| depreciationAndAmortization | 24.55M | 12.54M | 4.71M |
| ebitda | -289.35M | -198.22M | -126.79M |
| ebit | -313.9M | -210.76M | -131.49M |
| nonOperatingIncomeExcludingInterest | 67.32M | 1.31M | -381K |
| operatingIncome | -246.58M | -209.45M | -131.88M |
| totalOtherIncomeExpensesNet | -88.89M | -21.68M | -3.58M |
| incomeBeforeTax | -335.47M | -231.13M | -135.46M |
| incomeTaxExpense | -37.13M | - | - |
| netIncomeFromContinuingOperations | -298.34M | -231.13M | -135.46M |
| netIncomeFromDiscontinuedOperations | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - |
| netIncome | -298.34M | -231.13M | -135.46M |
| netIncomeDeductions | - | 34.68M | 20.81M |
| bottomLineNetIncome | -333.96M | -265.81M | -156.27M |
| eps | -2.21 | -1.85 | -1.09 |
| date | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| cashAndCashEquivalents | 792.97M | 123.43M | 81.94M |
| shortTermInvestments | 100.01M | - | - |
| cashAndShortTermInvestments | 892.97M | 123.43M | 81.94M |
| netReceivables | 46.13M | 1M | 2.7M |
| accountsReceivables | 46.13M | 1M | 2.7M |
| otherReceivables | - | - | - |
| inventory | - | - | 247K |
| prepaids | - | 54.34M | 57.54M |
| otherCurrentAssets | 24.07M | 1.94M | 7.51M |
| totalCurrentAssets | 963.18M | 180.72M | 149.94M |
| propertyPlantEquipmentNet | 181.41M | 153.89M | 138.26M |
| goodwill | 450.12M | 17.1M | 17.1M |
| intangibleAssets | 165.71M | - | - |
| goodwillAndIntangibleAssets | 615.83M | 17.1M | 17.1M |
| longTermInvestments | - | - | - |
| taxAssets | - | - | - |
| otherNonCurrentAssets | 64.52M | 55.63M | 15.91M |
| totalNonCurrentAssets | 861.76M | 226.62M | 171.26M |
| otherAssets | - | - | - |
| totalAssets | 1.82B | 407.33M | 321.21M |
| totalPayables | 35.96M | 37.72M | 27.62M |
| accountPayables | 35.96M | 37.72M | 27.62M |
| otherPayables | - | - | - |
| accruedExpenses | - | 14.42M | 16.47M |
| shortTermDebt | 9.32M | 6.35M | 965K |
| capitalLeaseObligationsCurrent | - | 1.98M | 1.85M |
| taxPayables | - | - | - |
| deferredRevenue | 116.14M | 108.07M | 89.4M |
| otherCurrentLiabilities | 52.17M | 10.84M | 452K |
| totalCurrentLiabilities | 213.58M | 179.38M | 136.77M |
| longTermDebt | 281.44M | 141.6M | 95.61M |
| capitalLeaseObligationsNonCurrent | 17.84M | 18.46M | 22.52M |
| deferredRevenueNonCurrent | 92.56M | 45.9M | 33.75M |
| deferredTaxLiabilitiesNonCurrent | - | - | - |
| otherNonCurrentLiabilities | 29.57M | 789.61M | 537.04M |
| totalNonCurrentLiabilities | 421.41M | 995.58M | 688.92M |
| otherLiabilities | - | - | - |
| capitalLeaseObligations | 17.84M | 20.45M | 24.37M |
| totalLiabilities | 635M | 1.17B | 825.69M |
| treasuryStock | - | - | - |
| preferredStock | - | - | - |
| commonStock | 17000 | 1000 | 1000 |
| retainedEarnings | -1.02B | -767.62M | -504.49M |
| additionalPaidInCapital | 2.21B | - | - |
| date | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| netIncome | -298.34M | -231.13M | -135.46M |
| depreciationAndAmortization | 23.16M | 12.54M | 4.71M |
| deferredIncomeTax | -37.19M | - | - |
| stockBasedCompensation | 17.84M | 1.84M | 1.61M |
| changeInWorkingCapital | 3.66M | 45.63M | 33.4M |
| accountsReceivables | 644K | 1.7M | -1.04M |
| inventory | - | - | - |
| accountsPayables | -17.2M | 6.99M | 10.77M |
| otherWorkingCapital | 20.23M | 36.94M | 23.67M |
| otherNonCashItems | 85.95M | 13.47M | 2.3M |
| netCashProvidedByOperatingActivities | -204.92M | -157.65M | -93.43M |
| investmentsInPropertyPlantAndEquipment | -32.83M | -32.7M | -77.25M |
| acquisitionsNet | -277.42M | - | 7.25M |
| purchasesOfInvestments | -100M | - | - |
| salesMaturitiesOfInvestments | 8.4M | - | - |
| otherInvestingActivities | 280K | - | - |
| netCashProvidedByInvestingActivities | -401.56M | -32.7M | -69.99M |
| netDebtIssuance | 99.95M | 45.19M | 120.14M |
| longTermNetDebtIssuance | 99.95M | 45.19M | 120.14M |
| shortTermNetDebtIssuance | - | - | - |
| netStockIssuance | 1.17B | 189.04M | 149.83M |
| netCommonStockIssuance | 1.17B | - | - |
| commonStockIssuance | 1.17B | - | - |
| commonStockRepurchased | - | - | - |
| netPreferredStockIssuance | - | 189.04M | 149.83M |
| netDividendsPaid | -4.99M | - | - |
| commonDividendsPaid | - | - | - |
| preferredDividendsPaid | -4.99M | - | - |
| otherFinancingActivities | 601K | -1.47M | -29.24M |
| netCashProvidedByFinancingActivities | 1.26B | 232.76M | 240.73M |
| date | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|
| revenue | 80.88M | 57.67M | 30.78M | 15.55M | 55.86M | 21.07M | 8.32M |
| costOfRevenue | 70.62M | 45M | 22.29M | 11.55M | 53.64M | 18.12M | 10.24M |
| grossProfit | 10.26M | 12.67M | 8.49M | 4M | 2.22M | 2.95M | -1.92M |
| researchAndDevelopmentExpenses | 67.51M | 57.57M | 48.76M | 45.77M | 48.01M | 39.54M | 37.64M |
| generalAndAdministrativeExpenses | - | - | - | - | - | - | - |
| sellingAndMarketingExpenses | - | - | - | - | - | - | - |
| sellingGeneralAndAdministrativeExpenses | 38.42M | 36.14M | 21.92M | 12.57M | 12.75M | 12.29M | 9.58M |
| otherExpenses | - | - | - | - | - | 19000 | 3000 |
| operatingExpenses | 105.93M | 93.7M | 70.68M | 58.34M | 60.76M | 51.85M | 47.22M |
| costAndExpenses | 176.55M | 138.71M | 92.97M | 69.9M | 114.4M | 69.97M | 57.46M |
| netInterestIncome | 2.37M | 5.69M | 1.33M | -5.24M | -5.16M | -3.74M | -3.75M |
| interestIncome | 5.97M | 10.11M | 1.33M | - | - | - | - |
| interestExpense | 3.6M | 4.42M | - | 5.24M | 5.16M | 3.74M | 3.75M |
| depreciationAndAmortization | 15.93M | 10.19M | 5.62M | 3.92M | 4M | 1.5M | 1.5M |
| ebitda | -77.07M | -63.58M | -127.79M | -54.62M | -50.93M | -48.21M | -47.52M |
| ebit | -93M | -73.77M | -133.41M | -58.54M | -54.93M | -49.72M | -49.02M |
| nonOperatingIncomeExcludingInterest | -2.66M | -7.27M | 71.22M | 4.19M | -3.62M | 815K | -123K |
| operatingIncome | -95.67M | -81.04M | -62.19M | -54.35M | -58.54M | -48.9M | -49.14M |
| totalOtherIncomeExpensesNet | -941K | 2.85M | -71.22M | -9.43M | -1.55M | -4.55M | -3.63M |
| incomeBeforeTax | -96.61M | -78.18M | -133.41M | -63.78M | -60.09M | -53.45M | -52.77M |
| incomeTaxExpense | 67000 | -37.13M | - | - | - | - | - |
| netIncomeFromContinuingOperations | -96.68M | -41.06M | -133.41M | -63.78M | -60.09M | -53.45M | -52.77M |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - | - |
| netIncome | -96.68M | -41.06M | -133.41M | -63.78M | -60.09M | -53.45M | -52.77M |
| netIncomeDeductions | - | - | - | - | - | 5.3M | 5.22M |
| bottomLineNetIncome | -96.68M | -41.06M | -140.36M | -80.26M | -72.28M | -58.75M | -57.99M |
| eps | -0.61 | -0.26 | -0.95 | -0.56 | -0.5 | -0.41 | -0.4 |
| date | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 |
|---|---|---|---|---|---|
| cashAndCashEquivalents | 326.18M | 792.97M | 995.99M | 205.29M | 176.88M |
| shortTermInvestments | 225.45M | 100.01M | - | - | - |
| cashAndShortTermInvestments | 551.63M | 892.97M | 995.99M | 205.29M | 176.88M |
| netReceivables | 44.8M | 46.13M | 7.63M | 5.64M | 14.9M |
| accountsReceivables | 44.8M | 46.13M | 5.13M | 5.64M | 14.9M |
| otherReceivables | - | - | 2.5M | - | - |
| inventory | - | - | - | - | - |
| prepaids | - | - | 14.26M | 13.63M | 10.74M |
| otherCurrentAssets | 77.12M | 24.07M | 4.92M | 9.56M | 7.08M |
| totalCurrentAssets | 673.55M | 963.18M | 1.02B | 234.11M | 209.6M |
| propertyPlantEquipmentNet | 190.74M | 181.41M | 156.64M | 157.6M | 156M |
| goodwill | 453.44M | 450.12M | 17.1M | 17.1M | 17.1M |
| intangibleAssets | 160.21M | 165.71M | - | - | - |
| goodwillAndIntangibleAssets | 613.65M | 615.83M | 17.1M | 17.1M | 17.1M |
| longTermInvestments | - | - | - | - | - |
| taxAssets | - | - | - | - | - |
| otherNonCurrentAssets | 14.06M | 64.52M | 59.65M | 57.98M | 56.47M |
| totalNonCurrentAssets | 818.44M | 861.76M | 233.39M | 232.68M | 229.56M |
| otherAssets | - | - | - | - | - |
| totalAssets | 1.49B | 1.82B | 1.26B | 466.79M | 439.17M |
| totalPayables | 41.08M | 35.96M | 31.22M | 33.32M | 36.88M |
| accountPayables | 41.08M | 35.96M | 31.22M | 33.32M | 36.88M |
| otherPayables | - | - | - | - | - |
| accruedExpenses | - | - | 7.35M | 16.66M | 20.07M |
| shortTermDebt | 10.23M | 9.32M | 8.43M | 6.87M | 6.63M |
| capitalLeaseObligationsCurrent | - | - | - | 1.38M | 1.37M |
| taxPayables | - | - | - | - | - |
| deferredRevenue | 146.24M | 116.14M | 95.2M | 82.71M | 82.74M |
| otherCurrentLiabilities | 68.69M | 52.17M | 22.74M | 6.5M | 3.34M |
| totalCurrentLiabilities | 266.24M | 213.58M | 164.93M | 147.44M | 151.04M |
| longTermDebt | 19.68M | 281.44M | 23.23M | 141.56M | 141.07M |
| capitalLeaseObligationsNonCurrent | 23.07M | 17.84M | 12.82M | 17.74M | 18.08M |
| deferredRevenueNonCurrent | 52.52M | 92.56M | 74.52M | 75.82M | 50.05M |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - |
| otherNonCurrentLiabilities | 25.58M | 29.57M | 31.88M | 1B | 917.65M |
| totalNonCurrentLiabilities | 120.86M | 421.41M | 142.44M | 1.24B | 1.13B |
| otherLiabilities | - | - | - | - | - |
| capitalLeaseObligations | 23.07M | 17.84M | 12.82M | 19.13M | 19.45M |
| totalLiabilities | 387.11M | 635M | 307.37M | 1.38B | 1.28B |
| treasuryStock | - | - | - | - | - |
| preferredStock | - | - | - | - | - |
| commonStock | 17000 | 17000 | 16000 | 2000 | 2000 |
| retainedEarnings | -1.12B | -1.02B | -979.22M | -918M | -838.73M |
| additionalPaidInCapital | 2.22B | 2.21B | 1.93B | - | - |
| date | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|
| netIncome | -96.68M | -41.06M | -133.41M | -63.78M | -60.09M | -53.45M | -52.77M |
| depreciationAndAmortization | 15.93M | 9.62M | 5.64M | 3.9M | 4M | 1.5M | 1.5M |
| deferredIncomeTax | - | -37.19M | - | - | - | - | - |
| stockBasedCompensation | 12.51M | 12.65M | 4M | 760K | 431K | 425K | 409K |
| changeInWorkingCapital | 2.31M | -14.97M | -2.82M | 23.85M | -2.4M | 27.35M | -10.14M |
| accountsReceivables | 1.33M | 4.77M | 511K | 9.27M | -13.9M | -707K | -2.95M |
| inventory | - | - | - | - | - | - | - |
| accountsPayables | 6.85M | -12.61M | -1.61M | -575K | -2.41M | 10.16M | -6.14M |
| otherWorkingCapital | -5.87M | -7.13M | -1.72M | 15.16M | 13.91M | 17.9M | -1.05M |
| otherNonCashItems | 3.38M | 3.7M | 73.54M | 7.18M | 1.53M | 3.94M | 423K |
| netCashProvidedByOperatingActivities | -62.54M | -67.26M | -53.05M | -28.08M | -56.54M | -20.23M | -60.58M |
| investmentsInPropertyPlantAndEquipment | -16.34M | -12.07M | -8.92M | -9.18M | -2.65M | -17.33M | -4.5M |
| acquisitionsNet | - | -277.42M | - | - | - | - | - |
| purchasesOfInvestments | -125M | -100M | - | - | - | - | - |
| salesMaturitiesOfInvestments | 8000 | 8.4M | - | - | - | - | - |
| otherInvestingActivities | - | 280K | - | - | - | - | - |
| netCashProvidedByInvestingActivities | -141.34M | -380.8M | -8.92M | -9.18M | -2.65M | -17.33M | -4.5M |
| netDebtIssuance | -262.01M | 253.69M | -149.66M | -1.93M | -2.14M | 23.63M | -437K |
| longTermNetDebtIssuance | -262.01M | 253.69M | -149.66M | -1.93M | -2.14M | 23.63M | -437K |
| shortTermNetDebtIssuance | - | - | - | - | - | - | - |
| netStockIssuance | 452K | -10.94M | 992.56M | 68.81M | 115.3M | 96000 | 22.23M |
| netCommonStockIssuance | 452K | -10.94M | 992.56M | - | - | - | 22.23M |
| commonStockIssuance | 452K | -10.94M | 992.56M | - | - | - | 22.23M |
| commonStockRepurchased | - | - | - | - | - | - | - |
| netPreferredStockIssuance | - | - | - | 68.81M | 115.3M | 96000 | - |
| netDividendsPaid | - | - | -4.99M | - | - | - | - |
| commonDividendsPaid | - | - | -4.99M | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - | - | - |
| otherFinancingActivities | -1.34M | 2.29M | -1.5M | -345K | 748K | -1.79M | 83000 |
| netCashProvidedByFinancingActivities | -262.9M | 245.04M | 836.41M | 66.53M | 113.91M | 21.94M | 21.88M |