Firefly Aerospace Inc. (FLY) Financial Statements

Income statement

Metric	TTM	2025	2024	2023
Revenue
Total Revenue	287.0M	159.9M	60.8M	55.2M
Cost of Revenue	231.7M	135.0M	72.2M	28.6M
Gross Profit	55.3M	24.9M	(11.4M)	26.6M
Operating Expenses
R&D Expense	245.4M	200.1M	149.5M	117.9M
SG&A Expense	144.0M	71.3M	46.8M	40.6M
General & Admin Expense	—	—	—	—
Selling & Marketing Expense	—	—	—	—
Other Expenses	—	—	1.7M	(1.0K)
Total Operating Expenses	389.4M	271.4M	198.1M	158.5M
Cost and Expenses	621.1M	406.4M	270.2M	187.1M
Operating Income (EBIT)	(334.1M)	(246.6M)	(209.5M)	(131.9M)
Non-Operating
Interest Income	21.8M	18.2M	—	—
Interest Expense	9.8M	21.6M	20.4M	4.0M
Net Interest Income	11.9M	(3.4M)	(20.4M)	(4.0M)
Other Non-Op Income/Expense	(66.5M)	(88.9M)	(21.7M)	(3.6M)
Non-Operating Income (excl Interest)	56.6M	67.3M	1.3M	(381.0K)
EBT (Pre-Tax Income)	(400.6M)	(335.5M)	(231.1M)	(135.5M)
Income Tax Expense	(37.1M)	(37.1M)	—	—
Bottom Line
Net Income	(363.5M)	(298.3M)	(231.1M)	(135.5M)
Earnings from Cont. Ops	(363.5M)	(298.3M)	(231.1M)	(135.5M)
Earnings from Discont. Ops	—	—	—	—
Bottom Line Net Income	(370.4M)	(334.0M)	(265.8M)	(156.3M)
Per Share
Basic EPS	($2.39)	($2.21)	($1.85)	($1.09)
Diluted EPS	($2.39)	($2.21)	($1.85)	($1.09)
Revenue Per Share	$1.77	$1.05	$0.42	$0.38
Shares
Basic Shares Outstanding	161.8M	151.9M	143.6M	143.6M
Diluted Shares Outstanding	161.8M	151.9M	143.6M	143.6M
Profitability Metrics
EBITDA	(359.0M)	(289.4M)	(198.2M)	(126.8M)
D&A	31.7M	24.6M	12.5M	4.7M
EBIT	(390.7M)	(313.9M)	(210.8M)	(131.5M)

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026