FLY · Firefly Aerospace Inc.

Firefly Aerospace reported record Q1 2026 revenue of $80.9 million, a 40% increase from the prior quarter, driven by strong momentum across launch, spacecraft, and defense technology segments. CEO Jason Kim highlighted selection for the U.S. Space Force's Golden Dome space-based interceptor program via SciTec, a $109 million engineering change proposal under the FORGE Enterprise OPIR Services contract, and operational support processing thousands of threats during the Iran conflict. Key operational achievements included successful Alpha Flight 7 launch validating Block II subsystems, Blue Ghost Mission 2 separation testing, and interoperability testing for Elytra orbiter communications on the Moon’s far side. The company also supported Lockheed Martin on the VICTUS DIEM responsive space exercises and unveiled Alpha Block II upgrades for enhanced reliability and production efficiency. Recent highlights encompass an AFRL contract for advanced algorithm development, NVIDIA collaboration for on-orbit lunar imaging, and a Seagate Space agreement for offshore launch platforms. Firefly issued 2026 full-year revenue guidance of $420-450 million, reflecting confidence in scaling production for lunar landings, regular launch cadence, and national security missions. The press release references non-GAAP measures like Adjusted EBITDA and Free Cash Flow for ongoing performance evaluation, with reconciliations provided in supplemental data.