Filing Flows

Filing Flows › Firefly Aerospace (FLY) › How it makes money

How Firefly Aerospace (FLY) makes money

Firefly Aerospace (FLY) made $118M of revenue in the second quarter 2026 (Q2 2026), +657% from a year earlier. Spacecraft Solutions Revenue brought in $108M (92%); Launch Revenue brought in $9.4M (8%).

Drawing the Sankey…

Firefly Aerospace revenue by segment, Q2 2026Firefly Aerospace revenue by segment, Q2 2026Spacecraft Solutions Revenue$108MLaunch Revenue$9.4M
Firefly Aerospace: revenue by line, Q2 2025 to Q2 2026Firefly Aerospace: revenue by line, Q2 2025 to Q2 2026Spacecraft Solutions …Launch RevenueSpacecraft Solutions Revenue: $108M latest$108MLaunch Revenue: $9.4M latest$9.4MQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Spacecraft Solutions Revenue went from 59% of revenue in Q2 2025 to 92% in Q2 2026, the largest shift in the mix.
Firefly Aerospace revenue by quarterFirefly Aerospace revenue by quarter$15.5MQ2 2025$30.8MQ3 2025$57.7MQ4 2025$80.9MQ1 2026$118MQ2 2026

Revenue by segment, Q2 2026

SegmentRevenueShareQ/QY/Y
Spacecraft Solutions Revenue$108M92.0%+60%12×
Launch Revenue$9.4M8.0%-29%+48%

Where each dollar of revenue goes

LineQ2 2026% of revenue
Revenue$118M100.0%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q2 2026$118M+657%
Q1 2026$80.9M+45%
Q4 2025$57.7M+538%
Q3 2025$30.8M+38%
Q2 2025$15.5M-26%

From Firefly Aerospace's 10-Q filed Aug 11, 2026 (on EDGAR).

Questions

How does Firefly Aerospace make money?

Firefly Aerospace (FLY) made $118M of revenue in the second quarter 2026 (Q2 2026), +657% from a year earlier. Spacecraft Solutions Revenue brought in $108M (92%); Launch Revenue brought in $9.4M (8%).

What is Firefly Aerospace's biggest business?

Spacecraft Solutions Revenue: $108M in the second quarter 2026, 92% of revenue, up 12-fold from a year earlier.

Open the interactive view →

Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.