Firefly Aerospace (FLY) Operating Margin (2024 - 2026)
Firefly Aerospace's (FLY) quarterly Operating Margin came in at 118.29% in Q1 2026, down 1347.0% YoY from 9.49% in Q1 2025, and up 20.31% on a QoQ basis from 148.42% in Q4 2025.
Firefly Aerospace (FLY) Operating Margin (2024 - 2026) Analysis & Trends
Firefly Aerospace (FLY) has 3 years of Operating Margin data on file, last reported at 118.29% in Q1 2026.
- Quarterly Operating Margin fell 1347.0% year-over-year to 118.29% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 161.08% (up 4094.0% YoY) and the FY2025 annual result came in at 163.08%, up 18146.0% from the prior year.
- Operating Margin improved to 118.29% in Q1 2026, from 148.42% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 104.81% in Q1 2025 to a low of 854.75% in Q4 2024.
- A 3-year average of 270.35% and a median of 177.46% in 2025 frame the typical range for Operating Margin.
- The widest YoY moves for Operating Margin: up 70632 bps in 2025, down 11747 bps in 2025.
- Tracing FLY's Operating Margin over 3 years: stood at 854.75% in 2024, then surged by 83 bps to 148.42% in 2025, then grew by 20 bps to 118.29% in 2026.
- The last three Operating Margin figures came in at 118.29% (Q1 2026), 148.42% (Q4 2025), and 202.07% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 362.92 Bn | 353.58 Bn | 6.95 Bn | -29.28% |
| 2 | Rtx | 284.24 Bn | 275.94 Bn | 9.91 Bn | 11.38% |
| 3 | Boeing | 169.32 Bn | 149.30 Bn | 2.41 Bn | 0.64% |
| 4 | Lockheed Martin | 129.93 Bn | 126.14 Bn | 2.45 Bn | 12.36% |
| 5 | Howmet Aerospace | 108.64 Bn | 108.07 Bn | 951.00 Mn | 27.92% |
| 6 | General Dynamics | 103.62 Bn | 99.29 Bn | 6.76 Bn | 10.36% |
| 7 | Northrop Grumman | 78.44 Bn | 76.14 Bn | 3.72 Bn | 10.08% |
| 8 | TransDigm | 69.14 Bn | 66.37 Bn | 1.63 Bn | 44.76% |
| 9 | Axon Enterprise | 50.64 Bn | 49.97 Bn | 546.45 Mn | 5.17% |
| 10 | Firefly Aerospace | 3.96 Bn | 3.14 Bn | 23.88 Mn | -80.89% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -80.89% |
| Mar 31, 2026 | -118.29% |
| Dec 31, 2025 | -148.42% |
| Sep 30, 2025 | -202.07% |
| Jun 30, 2025 | -349.54% |
| Mar 31, 2025 | -104.81% |
| Dec 31, 2024 | -854.75% |
| Sep 30, 2024 | -152.86% |
| Jun 30, 2024 | -232.07% |