Business
The Eclipse rocket is a next-generation vehicle designed to fill a gap in the current launch market.
Firefly Aerospace Inc.: Revenue grew 163% to $160M from $60.79M. Net loss widened to $298M from $231M. Free cash flow outflow widened to $238M from $190M. Operating margin expanded 18146 bps to -163.08%. Firefly Aerospace Inc.'s annual comparison also shows free cash flow declined despite revenue growth; margins improved while free cash flow declined; stock compensation grew faster than revenue; the manipulation screen is flagged and should be investigated as a warning rather than treated as proof.
The read at a glance✓ Audited against SEC data
- Growth — Revenue grew 163% to $160M from $60.79MOK
- Profitability — Net loss widened to $298M from $231MWatch
- Cash flow — Free cash flow outflow widened to $238M from $190MWatch
- Margins — Operating margin expanded 18146 bps to -163.08%OK
- Accounting — Flagged statistical warning; not proofWatch
- Insiders — 5 purchases and 1 saleOK
Where the revenue comes from
Fiscal 2025, as Firefly Aerospace Inc. reports it. History and quarterly detail are in the app.
- Spacecraft Solutions Revenue$131.2M
- Launch Revenue$28.6M
Leadership changes
From Firefly Aerospace Inc.'s own filings, the day they're filed.
- Marc Weiser · Directors · departureeff. 2026-04-02
- Dan Fermon · Chief Operating Officer · departureeff. 2025-12-22
- Kevin McAllister · directors · appointmenteff. 2025-08-08
Latest filings
- 10-Q · Quarterly report2026-08-11
- 8-K · Company announcement2026-08-11
- 8-K · Company announcement2026-06-05
- 8-K · Company announcement2026-06-02
- 8-K · Company announcement2026-05-04
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about Firefly Aerospace Inc., every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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