Firefly Aerospace (FLY) Free Cash Flow (2024 - 2026)
Firefly Aerospace (FLY) posted Free Cash Flow of -$78.8 million for Q1 2026, up 19.69% quarter-over-quarter from -$98.2 million in Q4 2025, and down 35.76% year-on-year from -$122.7 million in Q1 2025.
Firefly Aerospace (FLY) Free Cash Flow (2024 - 2026) Analysis & Trends
Firefly Aerospace (FLY) has reported Free Cash Flow for 3 consecutive years, with -$78.8 million the latest figure, recorded in Q1 2026.
- Free Cash Flow for Q1 2026 came in at -$78.8 million, down 35.76% year-over-year; the trailing twelve-month figure through Mar 2026 was -$258.5 million (down 77.32% YoY), and the FY2025 annual result was -$237.8 million, down 24.9% from the prior year.
- Free Cash Flow was -$78.8 million for Q1 2026 at Firefly Aerospace, up from -$98.2 million in the prior quarter.
- Over five years, Free Cash Flow peaked at -$38.4 million in Q2 2025 and troughed at -$98.2 million in Q4 2025.
- Average Free Cash Flow over 3 years is -$57.8 million, with a median of -$44.8 million recorded in 2024.
- The widest YoY moves for Free Cash Flow: up 3.78% in 2025, down 128.83% in 2025.
- Over 3 years, Free Cash Flow stood at -$42.9 million in 2024, then tumbled by 128.83% to -$98.2 million in 2025, then gained by 19.69% to -$78.8 million in 2026.
- Per Business Quant data, the three most recent Free Cash Flow figures were -$78.8 million in Q1 2026, -$98.2 million in Q4 2025, and -$43.1 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Boeing | 1,106.33 Bn | 1,085.43 Bn | 2.55 Bn | -1.45 Bn |
| 2 | Rtx | 258.51 Bn | 253.40 Bn | 9.08 Bn | 1.31 Bn |
| 3 | General Dynamics | 174.86 Bn | 171.21 Bn | 9.09 Bn | 1.95 Bn |
| 4 | Lockheed Martin | 119.99 Bn | 118.10 Bn | 2.08 Bn | -291.00 Mn |
| 5 | Howmet Aerospace | 107.26 Bn | 104.82 Bn | 854.00 Mn | 359.00 Mn |
| 6 | TransDigm | 76.18 Bn | 72.30 Bn | 1.51 Bn | 64.00 Mn |
| 7 | Northrop Grumman | 73.88 Bn | 71.79 Bn | 3.45 Bn | -1.82 Bn |
| 8 | Rocket Lab | 60.59 Bn | 59.31 Bn | 76.49 Mn | -71.46 Mn |
| 9 | L3Harris Technologies | 54.60 Bn | 54.60 Bn | 1.40 Bn | -194.00 Mn |
| 10 | Firefly Aerospace | 4.53 Bn | 3.98 Bn | 17.46 Mn | -78.85 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -78.85 Mn |
| Mar 31, 2026 | -78.85 Mn |
| Dec 31, 2025 | -98.18 Mn |
| Dec 31, 2025 | -98.18 Mn |
| Sep 30, 2025 | -43.11 Mn |
| Sep 30, 2025 | -43.11 Mn |
| Jun 30, 2025 | -38.38 Mn |
| Jun 30, 2025 | -38.38 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 |