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

Firefly Aerospace (FLY) has reported Research & Development for 3 consecutive years, with $71.5 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Research & Development rose 56.27% year-over-year to $71.5 million; the trailing twelve-month figure through Jun 2026 stood at $245.4 million (up 47.72% YoY), and the FY2025 full-year result was $200.1 million, up 33.86% from the prior year.
• Research & Development improved to $71.5 million in Q2 2026 per FLY's latest filing, from $67.5 million in the prior quarter.
• Across five years, Research & Development topped out at $71.5 million in Q2 2026 and bottomed at $29.9 million in Q3 2024.
• Historically, Research & Development has averaged $50.1 million across 3 years, with a median of $48.0 million in 2025.
• The widest YoY moves for Research & Development: up 63.32% in 2025, down 15.75% in 2025.
• Over 3 years, Research & Development stood at $42.5 million in 2024, then jumped by 35.58% to $57.6 million in 2025, then climbed by 24.25% to $71.5 million in 2026.
• According to Business Quant data, Research & Development over the past three periods registered $71.5 million, $67.5 million, and $57.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.