Firefly Aerospace Inc.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Net Income | $-92.3M | $-96.7M | $-41.1M | $-133.4M | $-63.8M | $-60.1M |
| Depreciation & Amortization | $14.0M | $15.9M | $9.6M | $5.6M | $3.9M | $4.0M |
| Depreciation | $6.0M | $8.7M | $4.6M | $4.6M | $3.9M | $4.0M |
| Amortization | $7.9M | $7.2M | — | — | $0 | $0 |
| Stock-Based Compensation | $17.0M | $12.5M | $12.6M | $4.0M | $760.0K | $431.0K |
| Net Cash from Operating Activities | $-81.6M | $-62.5M | $-67.3M | $-53.0M | $-28.1M | $-56.5M |
| Investing Activities | ||||||
| Capital Expenditures | $24.7M | $16.3M | $12.1M | $8.9M | $9.2M | $2.7M |
| Business Acquisitions | — | — | — | — | — | — |
| Net Cash from Investing Activities | $21.6M | $-141.3M | $-380.8M | $-8.9M | $-9.2M | $-2.7M |
| Financing Activities | ||||||
| Dividends Paid | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — |
| Net Cash from Financing Activities | $193.6M | $-262.9M | $245.0M | $836.4M | $66.5M | $113.9M |
| Net Change in Cash | $133.6M | $-466.8M | $-203.0M | $774.4M | $29.3M | $54.7M |
| Free Cash Flow | $-106.3M | $-78.9M | $-79.3M | $-62.0M | $-37.3M | $-59.2M |