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Companies / Industrials / Firefly Aerospace Inc.
FLY

Firefly Aerospace Inc.

IndustrialsTransportation Equipment
Ticker FLYLEANDER, TXFiscal year ends DecemberBook value per share $7.61Diluted shares 160.7M

Firefly Aerospace Inc. (Nasdaq: FLY) develops launch vehicles, spacecraft, and defense technology for national security, government, and commercial customers. Its Launch solutions include the operational Alpha rocket for dedicated and responsive satellite launches and hypersonic flight tests, and Eclipse, a larger… From the company’s description.

In fiscal 2025, Firefly Aerospace Inc. reported revenue of $159.85M and a net loss of $298.34M. Its operating margin was −163.1%, and operations used $204.92M in cash. Over the twelve months to Jun 30, 2026, revenue was $287.01M.

Fiscal year 2025 · ends 12-31The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$159.85MFY2025
Last 12 mo $287.01M
-163.08%FY2025
Last 12 mo -117.99%
$-298.34MFY2025
Last 12 mo $-363.46M
-25.07%FY2025
Last 12 mo -29.72%
Cash & financing
$-204.92MFY2025
Last 12 mo $-264.41M
$-237.75MFY2025
Last 12 mo $-326.49M
0.25FY2025
Last 12 mo 0.02
69.2MFY2025
Last 12 mo 160.7M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Firefly Aerospace Inc. does

In the company’s own words

Firefly Aerospace Inc. (Nasdaq: FLY) develops launch vehicles, spacecraft, and defense technology for national security, government, and commercial customers. Its Launch solutions include the operational Alpha rocket for dedicated and responsive satellite launches and hypersonic flight tests, and Eclipse, a larger reusable vehicle under development with Northrop Grumman. Spacecraft solutions include Blue Ghost lunar landers and Elytra orbital vehicles, which support payload delivery, in-space transport, communications, and space domain awareness. The 2025 acquisition of SciTec added AI-enabled defense software, sensing, and high-volume data processing for applications including missile warning, intelligence, surveillance, and autonomous command and control. Firefly’s customers and partners include NASA, the U.S. Space Force, the National Reconnaissance Office, the Space Development Agency, and aerospace companies. The company began operations in 2017 and completed its first successful commercial lunar landing in 2025. It had approximately 1,409 employees and $1.4 billion in backlog as of December 31, 2025. Its website is https://fireflyspace.com.

Company details
Sector
Industrials
Industry (SIC)
Transportation Equipment
Headquarters
LEANDER, TX
Fiscal year end
December
CIK
1860160
SIC
3760

Financial performance, year by year

Fiscal 2025–2025 · USD
$-428.51M$-233.37M$-38.23M$156.92M$352.06M2025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Firefly Aerospace Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

184
funds hold it
0 of 35
superinvestors hold it
$752.88M
held by funds, at market
13.7%
of shares held by funds

Largest fund holders · Firefly Aerospace Inc.’s weight in each

Tema Space Innovators ETF
NASA · Tema ETF Trust
4.94%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
0.95%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.07%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.03%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

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