Firefly Aerospace Inc.

NasdaqGM:FLY Stock Report

Market Cap: US$5.0b

Firefly Aerospace Future Growth

Future criteria checks 2/6

Firefly Aerospace is forecast to grow earnings and revenue by 55.5% and 35.1% per annum respectively. EPS is expected to grow by 65.8% per annum. Return on equity is forecast to be -19.6% in 3 years.

Key information

55.5%

Earnings growth rate

65.82%

EPS growth rate

Aerospace & Defense earnings growth18.2%
Revenue growth rate35.1%
Future return on equity-19.57%
Analyst coverage

Good

Last updated14 Jun 2026

Recent future growth updates

Recent updates

Seeking Alpha Jun 06

Firefly Aerospace: A Discounted Space And Defense Platform

Summary Firefly is rated BUY with a 12-month price target of $53, reflecting a significant discount to fair value after recent share price weakness. FLY's diversified platform now spans launch vehicles, lunar landers, and AI-enabled defense software, with the SciTec acquisition adding recurring, stable government contract revenue. Record Q1 revenue of $80.9 million and reaffirmed 2026 guidance of $420–$450 million, with 80% of sales already booked and a $1.3 billion backlog, support the growth thesis. FLY trades at ~14x 2026 sales guidance versus RocketLab's 70x, with defense contracts and successful lunar missions offering upside despite execution and launch cadence risks. Read the full article on Seeking Alpha

Earnings and Revenue Growth Forecasts

NasdaqGM:FLY - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20281,097-78-1021796
12/31/2027705-192-199-1288
12/31/2026441-337-313-2548
3/31/2026185-358-257-211N/A
12/31/2025160-334-238-205N/A
9/30/2025111-396-201-178N/A
6/30/2025103-302-184-161N/A
3/31/2025108-280-184-154N/A
12/31/202461-266-190-158N/A
12/31/202355-156-171-93N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: FLY is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: FLY is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: FLY is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: FLY's revenue (35.1% per year) is forecast to grow faster than the US market (12.8% per year).

High Growth Revenue: FLY's revenue (35.1% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: FLY is forecast to be unprofitable in 3 years.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/22 21:28
End of Day Share Price 2026/06/18 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Firefly Aerospace Inc. is covered by 10 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael CrawfordB. Riley Securities, Inc.
Colin CanfieldCantor Fitzgerald & Co.
Xin YuDeutsche Bank