Firefly Aerospace (FLY) Operating Expenses (2024 - 2026)
Firefly Aerospace (FLY) posted Operating Expenses of $119.07 million for Q2 2026, up 104.1% from $58.35 million a year earlier and up 5.3% from the prior quarter.
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Analysis
Firefly Aerospace (FLY) Operating Expenses (2024 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at Firefly Aerospace was $404.45 million, up 85.4% year-over-year; for FY2025, it was $291.35 million, up 47.1% from FY2024.
- In prior years, Firefly Aerospace's Operating Expenses was $198.09 million in FY2024 (+25.0%) and $158.48 million in FY2023.
- The Q2 2026 figure stands as the highest quarterly Operating Expenses in data going back to Q2 2024.
- On a year-over-year basis, Operating Expenses has increased in each of the last five quarters, with growth averaging 69.8% over the last five quarters.
- According to Business Quant data, Operating Expenses for the three prior quarters was $113.13 million (Q1 2026), $101.56 million (Q4 2025) and $70.68 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 324.09 Bn | 278.09 Bn | 4.68 Bn | 10.86 Bn |
| 2 | Rtx | 250.22 Bn | 223.44 Bn | 5.13 Bn | 21.96 Bn |
| 3 | Boeing | 147.08 Bn | 53.78 Bn | 2.41 Bn | 2.35 Bn |
| 4 | Lockheed Martin | 117.51 Bn | 104.24 Bn | 2.45 Bn | - |
| 5 | Howmet Aerospace | 90.46 Bn | 86.07 Bn | 951.00 Mn | 156.00 Mn |
| 6 | General Dynamics | 89.77 Bn | 76.88 Bn | 2.18 Bn | 12.63 Bn |
| 7 | Motorola Solutions | 73.88 Bn | 70.24 Bn | 1.68 Bn | 756.00 Mn |
| 8 | Northrop Grumman | 68.68 Bn | 57.92 Bn | 2.12 Bn | 9.78 Bn |
| 9 | Honeywell International | 66.86 Bn | 19.30 Bn | 3.65 Bn | 1.87 Bn |
| 10 | Firefly Aerospace | 3.85 Bn | 772.67 Mn | 23.88 Mn | 119.07 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 119.07 Mn |
| Mar 31, 2026 | 113.13 Mn |
| Dec 31, 2025 | 101.56 Mn |
| Sep 30, 2025 | 70.68 Mn |
| Jun 30, 2025 | 58.35 Mn |
| Mar 31, 2025 | 60.76 Mn |
| Dec 31, 2024 | 57.05 Mn |
| Sep 30, 2024 | 41.97 Mn |
| Jun 30, 2024 | 51.85 Mn |
API Access
Firefly Aerospace Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=FLY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "FLY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=FLY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();