Firefly Aerospace Inc. — Form 8-K
Filed August 11, 2026 · analyzed by the 8-K Agent
8-K
▲ Likely positive
significance 72/100
What the filing says
Firefly Aerospace reported Q2 2026 revenue of $117.7 million, up 659% year-over-year from $15.5 million in Q2 2025, and 45.5% sequentially. Major contract wins include: $144M NASA CLPS contract for Blue Ghost lunar lander (sixth lunar mission), $75M NASA JPL subcontract for MoonFall mission Elytra spacecraft, $94M Space Force Ground-Based Radar Digitization contract, $5.5M Air Force CBC2 data fusion option, and $13M NASA Mars SkyFall aeroshell subcontract. Firefly acquired Space-ng for autonomous spacecraft guidance systems and completed underwritten public offering generating $181.6M net proceeds. FY 2026 guidance: $420–450M revenue. Despite strong top-line growth, company posted net loss of $92.3M (Q2) and $189.0M (H1); free cash flow was negative $106.3M (Q2) and negative $185.2M (H1).
Why this rating
Explosive revenue growth (659% YoY) and major government contract wins are materially positive; however, significant operating losses and negative free cash flow offset gains. At $1.5B asset base, $117.7M quarterly revenue and $181.6M capital raise are meaningful but execution risk remains high.
See more from August 11, 2026.
EDGAR·FLOW summarizes public SEC EDGAR filings with automated analysis. Materiality scores and stock-impact predictions are algorithmically generated and are not investment advice. Always verify against the source filing on SEC.gov.