Firefly Aerospace (FLY) Free Cash Flow (2024 - 2026)

Firefly Aerospace (FLY) reported Free Cash Flow of -$78.8 million for Q1 2026, down 35.76% on a YoY basis from -$122.7 million in Q1 2025, and up 19.69% quarter-over-quarter from -$98.2 million in Q4 2025.

Firefly Aerospace (FLY) Free Cash Flow (2024 - 2026) Analysis & Trends

Firefly Aerospace has reported Free Cash Flow for 3 years, with the latest figure at -$78.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Free Cash Flow fell 35.76% year-over-year to -$78.8 million; the trailing twelve-month figure through Mar 2026 stood at -$258.5 million (down 77.32% YoY), and the FY2025 full-year result was -$237.8 million, down 24.9% from the prior year.
  • Free Cash Flow for Q1 2026 stood at -$78.8 million, up from -$98.2 million in the prior quarter.
  • The five-year high for Free Cash Flow was -$38.4 million in Q2 2025, with the low at -$98.2 million in Q4 2025.
  • Historically, Free Cash Flow has averaged -$57.8 million across 3 years, with a median of -$44.8 million in 2024.
  • The largest YoY upside for Free Cash Flow was 3.78% in 2025 against a maximum downside of 128.83% in 2025.
  • Firefly Aerospace's Free Cash Flow stood at -$42.9 million in 2024, then plunged by 128.83% to -$98.2 million in 2025, then grew by 19.69% to -$78.8 million in 2026.
  • The last three Free Cash Flow figures came in at -$78.8 million (Q1 2026), -$98.2 million (Q4 2025), and -$43.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 DEFSEC Technologies 5,720.56 Bn 5,720.56 Bn 456,459.43 -1.24 Mn
2 General Electric 359.38 Bn 348.64 Bn 9.11 Bn 1.49 Bn
3 Rtx 248.80 Bn 243.70 Bn 9.08 Bn 1.31 Bn
4 Boeing 180.64 Bn 159.74 Bn 2.55 Bn -1.45 Bn
5 Lockheed Martin 121.64 Bn 119.74 Bn 2.08 Bn -291.00 Mn
6 Howmet Aerospace 108.46 Bn 106.03 Bn 854.00 Mn 359.00 Mn
7 General Dynamics 96.96 Bn 93.31 Bn 9.09 Bn 1.95 Bn
8 Embraer 95.73 Bn 93.11 Bn - -
9 Northrop Grumman 77.30 Bn 75.21 Bn 3.45 Bn -1.82 Bn
10 Firefly Aerospace 5.33 Bn 4.78 Bn 17.46 Mn -78.85 Mn

Historic Data

Download Data
DateValue
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