Firefly Aerospace Q2 revenue rises to record $117.7 million; net loss widens to $92.3 million
Firefly Aerospace reported second-quarter 2026 revenue of $117.7 million, up from $15.5 million a year earlier, and expects full-year 2026 revenue of $420 million to $450 million. The net loss widened to $92.3 million from $63.8 million, while the per-share loss narrowed to $0.57 from $5.78 as the weighted-average share count rose to 161.8 million from 13.9 million. For shareholders, the revenue growth is offset by a larger loss and higher cash use.
Key points
- Second-quarter revenue was $117.7 million, versus $15.5 million in the same quarter of 2025.
- Net loss was $92.3 million, versus $63.8 million a year earlier; net loss per share was $0.57, versus $5.78.
- Firefly expects 2026 full-year revenue of $420 million to $450 million.
- Free cash flow was negative $106.3 million in the quarter, and cash and cash equivalents were $459.8 million at June 30, 2026.
The filing
Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 11, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.