FLY · XBRL financial data

Firefly Aerospace financial statements, every quarter

The same tables from 5 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (FLY's year ends in late December)

In millions of dollars	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Revenue from contracts with customers	16	31	58*	81	118
Cost of goods and services sold	12	22	42*	63	94
Gross profit	4	8	16*	17	24
Research and development	46	49	58*	68	72
Selling, general and administrative	13	22	44*	46	48
Total operating expenses	58	71	102*	113	119
Operating income (loss)	(54)	(62)	(86)*	(96)	(95)
Interest expense	7	3	0*	4	2
Other income (expense)	(4)	(0)	(4)*	(0)	0
Income tax expense (benefit)	0	0	(37)*	0	(0)
Net income (loss)	(64)	(133)	(41)*	(97)	(92)
Earnings per share, basic USD per share	(5.78)	(1.50)	—	(0.61)	(0.57)
Earnings per share, diluted USD per share	(5.78)	(1.50)	—	(0.61)	(0.57)
Weighted average shares, basic millions of shares	14	94	—	160	162
Weighted average shares, diluted millions of shares	14	94	—	160	162

Balance sheet

CSV

Fiscal quarters (FLY's year ends in late December)

In millions of dollars	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Cash and cash equivalents	205	995	793	326	460
Short-term investments	—	—	100	225	175
Accounts receivable	6	5	46	45	58
Total current assets	234	1,023	963	674	799
Property and equipment, net	139	143	164	169	186
Right-of-use asset	14	10	14	18	19
Goodwill	17	17	450	453	467
Total assets	467	1,256	1,825	1,492	1,639
Accounts payable	33	30	36	41	58
Accrued liabilities	17	20	43	50	52
Total current liabilities	147	165	214	266	293
Lease liability, non-current	15	11	16	21	21
Total liabilities	411	307	635	387	416
Accumulated deficit	(918)	(979)	(1,020)	(1,117)	(1,209)
Total liabilities and equity	467	1,256	1,825	1,492	1,639
Common shares outstanding (cover page) millions of shares	147	159	160	160	167

Cash flows

CSV

Fiscal quarters (FLY's year ends in late December)

In millions of dollars	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Net income (loss)	(64)	(133)	(41)*	(97)	(92)
Stock-based compensation	1*	4*	13*	13	17*
Depreciation and amortization	4*	6*	10*	16	14*
Net cash from operating activities	(28)*	(53)*	(67)*	(63)	(82)*
Purchases of property and equipment	9*	9*	12*	16	25*
Net cash from investing activities	(9)*	(9)*	(381)*	(141)	22*
Proceeds from issuing common stock	—	944*	(0)*	—	—
Net cash from financing activities	67*	836*	245*	(263)	194*
Net change in cash	29*	774*	(203)*	(467)	134*

Compare with peers

Defense primes first (General Dynamics, Northrop Grumman, L3Harris, Huntington Ingalls, RTX), then SIC 3760 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 3760 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Defense primes first (General Dynamics, Northrop Grumman, L3Harris, Huntington Ingalls, RTX), whatever their size; consumer navigation makers are left out.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Companies after the primes are not on that list: each is there for its industry code and size, and is marked “added” with its code.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Firefly Aerospace	460	118	(82)*	167.4M	7.8 quarters	Q2 FY26 10-QJun 30, 2026
General Dynamics	4,388	14,566	1,710*	270.2M	—	Q3 FY26 10-QOct 4, 2026
Northrop Grumman	3,744	11,122	1,745*	142.1M	—	Q3 FY26 10-QSep 30, 2026
L3harris Technologies	2,471	6,060	1,439*	186.2M	—	Q3 FY26 10-QOct 2, 2026
Huntington Ingalls Industries	387	3,537	520*	39.4M	—	Q3 FY26 10-QSep 30, 2026
RTX	9,173	24,965	2,868*	1.3B	—	Q3 FY26 10-QSep 30, 2026
Redwireadded: SIC 3760, similar size	557	117	(25)*	250.0M	22.3 quarters	Q2 FY26 10-QJun 30, 2026
York Space Systemsadded: SIC 3760, similar size	534	93	(102)*	137.4M	5.2 quarters	Q2 FY26 10-QJun 30, 2026
Voyager Technologiesadded: SIC 3760, similar size	554	89	(30)*	not reported	7.3 quarters	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.