Firefly Aerospace (FLY)

Industrials · Aerospace & Defense
$20.00 -3.24% on the day Market cap $3.3B 52-week range $16.00 to $62.17 Prices as of Oct 11, 2026

What the price implies

A reverse DCF: instead of guessing a fair value, it asks what growth today's price already assumes. How it works.

Firefly Aerospace's free cash flow was negative in fiscal 2025, so a cash-flow reverse DCF doesn't give a meaningful answer. The Modeling tab works from revenue and margins instead.

Fundamental grade

D

Five factors scored 1 to 9 from FLY's latest numbers, weighted into one grade. It describes the business, not whether the stock is a buy.

Valuation4
Profitability1
Growth9
Financial health7
Cash efficiency0

Results from SEC filings

Fiscal years, from Firefly Aerospace's 10-K filings. Ten years of the full income statement, balance sheet and cash flow.

Fiscal year202320242025
Revenue$55M$61M$160M
Net income-$135M-$231M-$298M
Free cash flow-$171M-$190M-$238M
EPS (diluted)-$13.05-$20.74-$4.83
Operating margin-238.8%-344.5%-163.1%

Where the revenue comes from

Revenue by products, fiscal 2025. Every breakdown, year by year.

Spacecraft Solutions Revenue$131M82%
Launch Revenue$29M18%

Superinvestors who own FLY

From each investor's latest 13F filing (what a 13F shows). 1 of the investors we track hold it.

InvestorLast quarterValue% of portfolioQuarter
Cliff Asness
AQR Capital Management
Added $2M0.00%Q2 2026

Insider buying

Open-market purchases by Firefly Aerospace's executives and directors in the last 12 months, from SEC Form 4 filings. What insider buying tells you.

No open-market insider purchases of FLY in the last 12 months. Most insider activity is selling and option exercises, which aren't shown here.

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In the full deep dive

DCF fair value per share
Yearly return (IRR) at today's price
Growth implied by revenue and margins
15+ years of statements and quarters

Questions

Are Firefly Aerospace insiders buying the stock?

No open-market insider purchases of FLY in the last 12 months, according to SEC Form 4 filings.

Which superinvestors own Firefly Aerospace?

1 of the superinvestors Investingly tracks hold FLY in their latest 13F, including Cliff Asness.

Prices and ratios as of Oct 11, 2026; statements from SEC filings. Information only, not investment advice. Superinvestor holdings come from 13F filings, which are filed up to 45 days after each quarter ends.