Firefly Aerospace (FLY) Free Cash Flow (2024 - 2026)
Firefly Aerospace (FLY) posted Free Cash Flow of -$64.4 million for Q1 2026, up 34.35% on a QoQ basis from -$98.2 million in Q4 2025, and down 10.96% year-over-year from -$72.4 million in Q1 2025.
Firefly Aerospace (FLY) Free Cash Flow (2024 - 2026) Analysis & Trends
Firefly Aerospace's Free Cash Flow history runs 3 years deep, the most recent figure standing at -$64.4 million for Q1 2026.
- Quarterly Free Cash Flow fell 10.96% year-over-year to -$64.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$244.1 million (down 67.43% YoY) and the FY2025 annual result came in at -$237.7 million, down 24.89% from the prior year.
- Free Cash Flow was -$64.4 million for Q1 2026 at Firefly Aerospace, up from -$98.2 million in the prior quarter.
- Across five years, Free Cash Flow topped out at -$27.9 million in Q2 2025 and bottomed at -$98.2 million in Q4 2025.
- A 3-year average of -$55.7 million and a median of -$53.6 million in 2025 frame the typical range for Free Cash Flow.
- Annual changes were most pronounced in 2025 — Free Cash Flow plunged 128.77% — and 2026, when it fell 10.96%.
- Firefly Aerospace's Free Cash Flow stood at -$42.9 million in 2024, then slumped by 128.77% to -$98.2 million in 2025, then surged by 34.35% to -$64.4 million in 2026.
- Business Quant data shows FLY's Free Cash Flow at -$64.4 million in Q1 2026, -$98.2 million in Q4 2025, and -$53.6 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 373.11 Bn | 363.77 Bn | -3.10 Bn | 2.82 Bn |
| 2 | Rtx | 288.23 Bn | 279.93 Bn | 9.91 Bn | 2.88 Bn |
| 3 | Boeing | 167.89 Bn | 147.87 Bn | 2.41 Bn | 631.00 Mn |
| 4 | Lockheed Martin | 132.16 Bn | 128.37 Bn | 2.45 Bn | 2.92 Bn |
| 5 | Howmet Aerospace | 112.88 Bn | 110.45 Bn | 854.00 Mn | 448.00 Mn |
| 6 | General Dynamics | 102.49 Bn | 98.16 Bn | 6.76 Bn | 1.65 Bn |
| 7 | Northrop Grumman | 75.87 Bn | 73.56 Bn | 3.72 Bn | 978.00 Mn |
| 8 | TransDigm | 72.49 Bn | 68.61 Bn | 1.51 Bn | 64.00 Mn |
| 9 | L3Harris Technologies | 50.89 Bn | 50.30 Bn | 1.40 Bn | -194.00 Mn |
| 10 | Firefly Aerospace | 3.15 Bn | 2.60 Bn | 17.46 Mn | -64.44 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -64.44 Mn |
| Mar 31, 2026 | -64.44 Mn |
| Dec 31, 2025 | -98.16 Mn |
| Dec 31, 2025 | -98.16 Mn |
| Sep 30, 2025 | -53.56 Mn |
| Sep 30, 2025 | -53.56 Mn |
| Jun 30, 2025 | -27.94 Mn |
| Jun 30, 2025 | -27.94 Mn |
| Mar 31, 2025 | -58.08 Mn |
| Mar 31, 2025 | -58.08 Mn |
| Dec 31, 2024 | -42.91 Mn |
| Dec 31, 2024 | -42.91 Mn |
| Sep 30, 2024 | -44.81 Mn |
| Sep 30, 2024 | -44.81 Mn |