Firefly Aerospace Inc.
FLYIndustrialsNASDAQAerospace & Defense · Last scanned Jun 3, 2026
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. Valued at $7.12B, FLY is a mid-cap name in its sector. The company offers integrated launch and space services technology that is committed to enabling launch, transit, and operations in space.
Market Cap
$7.12B
Beta
—
P/E (TTM)
—
P/E (Fwd)
-36.99
EPS (TTM)
$-4.93
EPS (Fwd)
$-1.17
ROE
-62.2%
ROA
-16.8%
Cash
$551.6M
Total Debt
$53.0M
Free CF
-$146.6M
52W Change
-28.1%
Annual Financials
Cash vs Debt
Firefly Aerospace Inc. holds $551.6M in cash against $53.0M in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. 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. Return on equity stands at -62.2%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Revenue has grown from $55.2M (2023) to $159.9M (2025), reflecting a 189% increase over the period.
The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. No single metric tells the full story. Reviewing FLY's risk profile alongside its fundamentals and technical indicators provides a more complete picture.