Firefly Aerospace (FLY) Research & Development (2024 - 2026)
Firefly Aerospace (FLY) posted Research & Development of $67.5 million for Q1 2026, up 17.27% on a QoQ basis from $57.6 million in Q4 2025, and up 40.61% year-over-year from $48.0 million in Q1 2025.
Firefly Aerospace (FLY) Research & Development (2024 - 2026) Analysis & Trends
Firefly Aerospace's Research & Development history runs 3 years deep, the most recent figure standing at $67.5 million for Q1 2026.
- Quarterly Research & Development rose 40.61% year-over-year to $67.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $219.6 million (up 37.37% YoY) and the FY2025 annual result came in at $200.1 million, up 33.86% from the prior year.
- Research & Development was $67.5 million for Q1 2026 at Firefly Aerospace, 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.
- A 3-year average of $47.4 million and a median of $46.9 million in 2025 frame the typical range for Research & Development.
- Peak annual rise in Research & Development reached 63.32% in 2025, while the deepest fall reached 15.75% in 2025.
- Firefly Aerospace's Research & Development stood at $42.5 million in 2024, then jumped by 35.58% to $57.6 million in 2025, then gained by 17.27% to $67.5 million in 2026.
- Business Quant data shows FLY's Research & Development at $67.5 million in Q1 2026, $57.6 million in Q4 2025, and $48.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 372.79 Bn | 363.45 Bn | -3.10 Bn | 460.00 Mn |
| 2 | Rtx | 287.75 Bn | 279.45 Bn | 9.91 Bn | 726.00 Mn |
| 3 | Boeing | 168.20 Bn | 148.18 Bn | 2.41 Bn | 921.00 Mn |
| 4 | Lockheed Martin | 132.24 Bn | 128.45 Bn | 2.45 Bn | - |
| 5 | Howmet Aerospace | 112.64 Bn | 110.21 Bn | 854.00 Mn | 9.00 Mn |
| 6 | General Dynamics | 102.41 Bn | 98.08 Bn | 6.76 Bn | - |
| 7 | Northrop Grumman | 75.82 Bn | 73.52 Bn | 3.72 Bn | - |
| 8 | TransDigm | 72.64 Bn | 68.76 Bn | 1.51 Bn | - |
| 9 | L3Harris Technologies | 50.81 Bn | 50.22 Bn | 1.40 Bn | - |
| 10 | Firefly Aerospace | 3.15 Bn | 2.60 Bn | 17.46 Mn | 67.51 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 67.51 Mn |
| Dec 31, 2025 | 57.57 Mn |
| Sep 30, 2025 | 48.76 Mn |
| Jun 30, 2025 | 45.77 Mn |
| Mar 31, 2025 | 48.01 Mn |
| Dec 31, 2024 | 42.46 Mn |
| Sep 30, 2024 | 29.86 Mn |
| Jun 30, 2024 | 39.54 Mn |