Firefly Aerospace Operating Margin Growth & History (FLY)
Firefly Aerospace's operating margin was −163.08% for fiscal 2025.
View full Firefly Aerospace company overviewFirefly Aerospace annual operating margin history
2023
2024
2025
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −163.08% | +181.46 pp |
| 2024 | 2024-12-31 | −344.54% | −105.79 pp |
| 2023 | 2023-12-31 | −238.75% | — |
Firefly Aerospace quarterly operating margin
Q2.24
Q3.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | −80.89% | +268.65 pp |
| Q1 2026 | 2026-03-31 | −118.29% | −13.47 pp |
| Q4 2025 | 2025-12-31 | −148.42% | — |
| Q3 2025 | 2025-09-30 | −202.07% | −49.21 pp |
| Q2 2025 | 2025-06-30 | −349.54% | −117.47 pp |
| Q1 2025 | 2025-03-31 | −104.81% | — |
| Q3 2024 | 2024-09-30 | −152.86% | — |
| Q2 2024 | 2024-06-30 | −232.07% | — |
Firefly Aerospace operating margin trends
Between the periods ended 2023-12-31 and 2025-12-31, Firefly Aerospace's operating margin increased from −238.75% to −163.08%, a change of +75.67 percentage points. The latest reported quarter, Q2 2026, shows −80.89%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income 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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