Firefly Aerospace FLY
NASDAQ FLY
$21.84 +0.03 (+0.15%)
As of: Sep 10, 2026 · 1:54 PM EDT

Firefly Aerospace (FLY) Debt Ratio (2024 - 2026)

Firefly Aerospace's (FLY) quarterly Debt Ratio came in at 0.02 in Q2 2026, down 94.1% on a YoY basis from 0.28 in Q2 2025, and down 8.31% quarter-over-quarter from 0.02 in Q1 2026.

Analysis

Firefly Aerospace (FLY) Debt Ratio (2024 - 2026) Analysis & Trends

Firefly Aerospace (FLY) has reported Debt Ratio for 3 consecutive years, with 0.02 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Debt Ratio fell 94.1% year-over-year to 0.02; the trailing twelve-month figure through Jun 2026 stood at 0.02 (down 94.1% YoY), and the FY2025 full-year result was 0.16, down 50.62% from the prior year.
  • Debt Ratio eased to 0.02 in Q2 2026 per FLY's latest filing, from 0.02 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.32 in Q4 2024 and bottomed at 0.02 in Q2 2026.
  • Historically, Debt Ratio has averaged 0.14 across 3 years, with a median of 0.09 in 2025.
  • The sharpest annual moves came in 2025 and 2026: Debt Ratio slumped 50.62% in 2025, then tumbled 94.1% in 2026.
  • Over 3 years, Debt Ratio stood at 0.32 in 2024, then tumbled by 50.62% to 0.16 in 2025, then tumbled by 89.58% to 0.02 in 2026.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.02, 0.02, and 0.16 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Rocket Lab 39.70 Bn 37.40 Bn 84.58 Mn 0.00
2 Firefly Aerospace 3.53 Bn 2.71 Bn 23.88 Mn 0.02
3 Redwire 2.45 Bn 1.89 Bn 32.54 Mn 0.03
4 Intuitive Machines 2.41 Bn 2.04 Bn 35.87 Mn 0.18
5 Virgin Galactic Holdings 326.18 Mn 326.18 Mn -28.05 Mn 0.31
6 Sidus Space 176.50 Mn 9.97 Mn -629,723.00 -
7 Starfighters Space 95.20 Mn 95.20 Mn - -
8 Momentus 48.02 Mn -59.68 Mn 25,000.00 -
9 Helio 40.39 Mn 39.93 Mn 122,607.00 1.39
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.02
Mar 31, 2026 0.02
Dec 31, 2025 0.16
Sep 30, 2025 0.02
Jun 30, 2025 0.28
Dec 31, 2024 0.32