Industrials · Aerospace & Defense
Price
$39.37
Market Cap
$6.3B
Employees
780
Beta
-1.14
Avg Volume
5,642,446
CEO
Jason Kim
Business Description
Firefly Aerospace Inc. operates as a space and defense technology company and provides mission solutions for national security, government, and commercial customers. It offers integrated launch and space services technology that is committed to enabling launch, transit, and operations in space. The company also provides Alpha, a responsive small launch service; Eclipse, a medium-lift launch vehicle; Blue Ghost, a lunar delivery and operation service; Elytra, which offers space maneuverability and servicing; and Ocula, a lunar imaging service. The company was incorporated in 2017 and is headquartered in Cedar Park, Texas.
Business History
Price Overview
Last updated: May 14, 2026 3:06am (just now)$39.37
+0.05 (+0.13%)
Day Range
$38.01 – $41.00
52-Week Range
$16.00 – $73.80
50-Day MA
$31.42
200-Day MA
$29.95
Volume
6,032,444.00
Analyst Price Targets
Low
$32.00
Consensus
$39.40
High
$60.00
(11 analysts)
Share Structure
Outstanding
160,235,210.00
Float
138,869,447.00
Free Float
86.7%
High free float
— 86.7% of shares trade freely, ~13.3% held by insiders/institutions
Very liquid — most shares trade freely. Low insider ownership can mean less management alignment, but makes large position sizing straightforward.
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
CALCStock Price / EPS (Diluted)
-8.15
Stock Price: $39.37
EPS (Diluted): -4.83
EPS (Diluted): -4.83
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
2.86
Stock Price: $39.37
Total Equity: $1.19B
Shares: 69,204,000
Total Equity: $1.19B
Shares: 69,204,000
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
-24.06
Market Cap: $6.31B
Total Debt: $290.76M
Cash: $792.97M
EBITDA: -$222.03M
Total Debt: $290.76M
Cash: $792.97M
EBITDA: -$222.03M
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
$2.9B
Market Cap: $6.31B
Total Debt: $290.76M
Cash: $792.97M
Total Debt: $290.76M
Cash: $792.97M
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
15.6%
Gross Profit: $24.87M
Revenue: $159.86M
Revenue: $159.86M
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
-154.3%
Operating Income: -$246.58M
Revenue: $159.86M
Revenue: $159.86M
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
-186.6%
Net Income: -$298.34M
Revenue: $159.86M
Revenue: $159.86M
ROE (Profit from shareholder equity)
APINet Income / Total Equity
-57.6%
Net Income: -$298.34M
Total Equity: $1.19B
Total Equity: $1.19B
ROIC (Profit from all invested capital)
APINOPAT / Invested Capital
-20.7%
Operating Income: -$246.58M
Tax Rate: 11.1%
Equity: $1.19B
Total Debt: $290.76M
Cash: $792.97M
Tax Rate: 11.1%
Equity: $1.19B
Total Debt: $290.76M
Cash: $792.97M
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
4.51
Current Assets: $963.18M
Current Liabilities: $213.58M
Current Liabilities: $213.58M
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
0.24
Short-Term Debt: $9.32M
Long-Term Debt: $281.44M
Total Debt: $290.76M
Total Equity: $1.19B
Long-Term Debt: $281.44M
Total Debt: $290.76M
Total Equity: $1.19B
Rev/Share (Top-line per share)
CALCRevenue / Shares Outstanding
$2.31
Revenue: $159.86M
Shares: 69,204,000
Shares: 69,204,000
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$17.19
Total Equity: $1.19B
Shares: 69,204,000
Shares: 69,204,000
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$-3.44
Operating CF: -$204.92M
CapEx: -$32.83M
Shares: 69,204,000
CapEx: -$32.83M
Shares: 69,204,000
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
0.1%
Last Dividend: N/A
Stock Price: $39.37
Stock Price: $39.37
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: -$298.34M
Net Income: -$298.34M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares FLY against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: May 9, 2026 4:17pm (4d ago)| Metric | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | $55.2M | $60.8M | $159.9M |
| Cost of Revenue | $28.6M | $72.2M | $135.0M |
| Gross Profit | $26.6M | -$11.4M | $24.9M |
| Operating Expenses | $158.5M | $198.1M | $271.4M |
| Operating Income | -$131.9M | -$209.5M | -$246.6M |
| Net Income | -$135.5M | -$231.1M | -$298.3M |
| EBITDA | -$126.8M | -$198.2M | -$222.0M |
| EPS | $-1.09 | $-1.85 | $-4.83 |
| EPS (Diluted) | — | — | — |
Balance Sheet (Annual)
Last updated: May 9, 2026 4:17pm (4d ago)| Metric | 2023 | 2024 | 2025 |
|---|---|---|---|
| Cash & Equivalents | $81.9M | $123.4M | $793.0M |
| Total Current Assets | $149.9M | $180.7M | $963.2M |
| Total Assets | $321.2M | $407.3M | $1.8B |
| Current Liabilities | $136.8M | $179.4M | $213.6M |
| Long-Term Debt | $95.6M | $141.6M | $281.4M |
| Total Liabilities | $825.7M | $1.2B | $635.0M |
| Total Equity | -$504.5M | -$767.6M | $1.2B |
| Retained Earnings | -$504.5M | -$767.6M | -$1.0B |
Cash Flow (Annual)
Last updated: May 9, 2026 4:17pm (4d ago)| Metric | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | -$93.4M | -$157.7M | -$204.9M |
| Capital Expenditure | -$77.2M | -$32.7M | -$32.8M |
| Free Cash Flow | -$170.7M | -$190.3M | -$237.8M |
| Acquisitions (net) | $7.3M | $0 | -$277.4M |
| Debt Repayment | — | — | — |
| Dividends Paid | — | — | — |
| Stock Buybacks | $0 | $0 | $0 |
| Net Change in Cash | $77.3M | $42.4M | $655.4M |
Analyst Estimates (Annual)
Last updated: May 14, 2026 3:06am (just now)| Metric | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|
| Revenue |
$698.7M $632.2M – $744.6M
|
$1.1B $1.1B – $1.2B
|
$1.8B $1.6B – $1.9B
|
$2.2B $2.0B – $2.3B
|
| EBITDA |
-$698.7M -$744.6M – -$632.2M
|
-$1.1B -$1.2B – -$1.1B
|
-$1.8B -$1.9B – -$1.6B
|
-$2.2B -$2.3B – -$2.0B
|
| Net Income |
-$191.0M -$278.6M – -$41.6M
|
-$77.5M -$309.0M – $521.9M
|
$75.9M $69.4M – $81.1M
|
$385.8M $352.3M – $411.9M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: May 9, 2026 4:17pm (4d ago)| Metric | 2024 | 2025 |
|---|---|---|
| Revenue Growth | +10.1% | +163.0% |
| Gross Profit Growth | -142.7% | +318.8% |
| Operating Income Growth | -58.8% | -17.7% |
| Net Income Growth | -70.6% | -29.1% |
| EBITDA Growth | -56.3% | -12.0% |
Insider Trading (Recent)
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-04-17 | Wheeler David Leigh | M-Exempt | 3,766.00 | $2.31 | $8,702 |
| 2026-04-17 | Wheeler David Leigh | M-Exempt | 3,766.00 | $2.31 | $8,702 |
| 2026-04-17 | Wheeler David Leigh | S-Sale | 3,766.00 | $45.04 | $169,608 |
| 2026-04-08 | Wu Remington | A-Award | 10,423.00 | $0.00 | $0 |
| 2026-03-23 | Boland Ryan Michael | J-Other | 122,860.00 | $0.00 | $0 |
| 2026-03-23 | Boland Ryan Michael | J-Other | 688,751.00 | $0.00 | $0 |
| 2026-03-23 | Boland Ryan Michael | J-Other | 1,601,440.00 | $0.00 | $0 |
| 2026-03-19 | Kim Jesung | A-Award | 52,836.00 | $0.00 | $0 |
| 2026-03-10 | Wheeler David Leigh | A-Award | 25,044.00 | $0.00 | $0 |
| 2026-03-10 | Ma Darren | A-Award | 26,629.00 | $0.00 | $0 |
| 2025-08-24 | Ma Darren | A-Award | 768.00 | $0.00 | $0 |
| 2026-03-10 | Ferring Russell Shea | A-Award | 15,756.00 | $0.00 | $0 |
| 2026-03-10 | Sanchez Ramon Gilbert | A-Award | 18,493.00 | $0.00 | $0 |
| 2026-02-25 | Emerson Christopher Plummer IV | A-Award | 3,334.00 | $0.00 | $0 |
| 2026-02-25 | Konert Kirk Michael | A-Award | 3,334.00 | $0.00 | $0 |
| 2026-02-25 | Lusczakoski Jonathan Donald | A-Award | 3,334.00 | $0.00 | $0 |
| 2026-02-25 | McAllister Kevin G | A-Award | 3,334.00 | $0.00 | $0 |
| 2026-02-25 | Zurbuchen Thomas Hansueli | A-Award | 3,334.00 | $0.00 | $0 |
| 2026-02-25 | Weiser Marc Allen | A-Award | 3,334.00 | $0.00 | $0 |
| 2026-02-25 | Braden Pamela Joyce | A-Award | 3,334.00 | $0.00 | $0 |
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.207 · 22a3a690 · 2026-05-13 17:39:54