Firefly Aerospace (FLY) Research & Development (2024 - 2026)

Firefly Aerospace (FLY) has 3 years of Research & Development data on file, last reported at $67.5 million in Q1 2026.

• For the quarter ending Q1 2026, Research & Development rose 40.61% year-over-year to $67.5 million; the trailing twelve-month figure through Mar 2026 stood at $219.6 million (up 37.37% YoY), and the FY2025 full-year result was $200.1 million, up 33.86% from the prior year.
• Research & Development for Q1 2026 stood at $67.5 million, up from $57.6 million in the prior quarter.
• Across five years, Research & Development topped out at $67.5 million in Q1 2026 and bottomed at $29.9 million in Q3 2024.
• The 3-year median for Research & Development is $46.9 million (2025), against an average of $47.4 million.
• Peak annual rise in Research & Development reached 63.32% in 2025, while the deepest fall reached 15.75% in 2025.
• A 3-year view of Research & Development shows it stood at $42.5 million in 2024, then soared by 35.58% to $57.6 million in 2025, then rose by 17.27% to $67.5 million in 2026.
• The last three Research & Development figures came in at $67.5 million (Q1 2026), $57.6 million (Q4 2025), and $48.8 million (Q3 2025), per Business Quant data.

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