Firefly Aerospace annual gross margin
2023
2024
2025
Firefly Aerospace Gross Margin Growth & History (FLY)
Firefly Aerospace's gross margin was 19.18% for fiscal 2025.
View full Firefly Aerospace company overviewFirefly Aerospace annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 19.18% | +37.88 pp |
| 2024 | 2024-12-31 | −18.69% | −66.85 pp |
| 2023 | 2023-12-31 | 48.16% | — |
Firefly Aerospace quarterly gross margin
Q2.24
Q3.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 20.29% | −5.41 pp |
| Q1 2026 | 2026-03-31 | 21.59% | +17.61 pp |
| Q4 2025 | 2025-12-31 | 27.67% | — |
| Q3 2025 | 2025-09-30 | 27.58% | −7.15 pp |
| Q2 2025 | 2025-06-30 | 25.69% | +11.69 pp |
| Q1 2025 | 2025-03-31 | 3.97% | — |
| Q3 2024 | 2024-09-30 | 34.74% | — |
| Q2 2024 | 2024-06-30 | 14.01% | — |
Firefly Aerospace gross margin trends
Between the periods ended 2023-12-31 and 2025-12-31, Firefly Aerospace's gross margin decreased from 48.16% to 19.18%, a change of −28.97 percentage points. The latest reported quarter, Q2 2026, shows 20.29%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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