Firefly Aerospace Inc.
FLYIndustrialsNASDAQAerospace & Defense
Scan Results
Daily timeframeFirefly Aerospace Inc. operates as a space and defense technology company and provides mission solutions for national security, government, and commercial customers in United States. At a $3.16B market cap, Firefly Aerospace Inc. ranks as a mid-cap company within industrials. The company offers integrated launch and space services technology that is committed to enabling launch, transit, and operations in space.
Market Cap
$3.16B
Beta
—
P/E (TTM)
—
P/E (Fwd)
-14.97
EPS (TTM)
$-5.00
EPS (Fwd)
$-1.29
ROE
-62.2%
ROA
-16.8%
Cash
$551.6M
Total Debt
$53.0M
Free CF
-$146.6M
52W Change
-68.1%
Annual Financials
Cash vs Debt
The balance sheet looks solid with $551.6M in cash comfortably exceeding the $53.0M debt load. A net cash position generally provides financial flexibility during uncertain economic periods. Free cash flow is running at -$146.6M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. ROE of -62.2% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Revenue has grown from $55.2M (2023) to $159.9M (2025), reflecting a 189% increase over the period.
With cash comfortably exceeding debt, FLY has financial flexibility that may help navigate uncertain periods. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Firefly Aerospace Inc. and its sector.