Equity intelligence report • May 12, 2026
Firefly Aerospace has achieved a remarkable first-quarter revenue of $81 million, exceeding expectations and significantly higher than last year's $55.85 million. The company is rapidly expanding its operations, supported by a sizable backlog of about $1.3 billion and three lunar lander contracts from NASA. While facing a GAAP net loss of $96.7 million, Firefly's robust liquidity of $811.6 million positions it well for future opportunities, including an anticipated $20 billion market over the next seven years.
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