Firefly Aerospace Stock Falls On First Earnings Report Since IPO

Benzinga

Firefly Aerospace reported second-quarter revenue of $15.55 million, down from $21.07 million a year ago. The company posted a net loss of $5.78 per share compared to a $4.60 loss in the prior year, according to Benzinga Pro. Firefly CEO Jason Kim said the company’s recent IPO highlights its bold culture and noted steady progress across launch and spacecraft products in its first quarterly report. The space company went public in August and raised $933.1 million in IPO proceeds. It ended July with a $1.3 billion backlog. Firefly expects full-year 2025 revenue between $133 million and $145 million and said its first Eclipse launch could come as early as next year. Shares fell 7.39% in after-hours trading to $45.86.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:03Firefly Aerospace reported second quarter revenue of $15.55 million,

00:08down from $21.07 million a year ago. The company posted a net loss of $5.78 per share,

00:17compared to a $4.60 loss in the prior year, according to Benzinga Pro.

00:22Firefly CEO Jason Kim said the company's recent IPO highlights its bold culture

00:27and noted steady progress across launch and spacecraft products in its first quarterly report.

00:33The space company went public in August and raised $933.1 million in IPO proceeds.

00:39It ended July with a $1.3 billion backlog. Firefly expects full-year 2025 revenue between $133 million

00:47and $145 million and said its first Eclipse launch could come as early as next year.

00:53Shares fell 7.39% in after-hours trading to $45.86.

00:59For all things money, visit Benzinga.com.

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