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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |