Firefly Aerospace posts Q3 2026 results with record backlog and strong revenue growth
Firefly Aerospace reported third‑quarter 2026 revenue of $110.7 million, a 259 % increase from the same quarter a year earlier. The company said its order backlog reached a record $1.7 billion at quarter end. It also provided full‑year 2026 revenue guidance of $440 million to $450 million and noted a net loss of $94.2 million for the quarter.
Why it matters
The guidance suggests a substantial rise in top‑line sales for the remainder of 2026, which could improve cash flow as the backlog converts to revenue. The narrowed loss indicates the business is moving toward profitability, but investors should watch execution of the large contracts to see if the guidance is met.
Key facts
- 1Quarterly revenue was $110.7 million. sec.gov
- 2Revenue grew 259 % compared with the same quarter in 2025. sec.gov
- 3Backlog at the end of the quarter stood at $1.7 billion. sec.gov
- 4Full‑year 2026 revenue is projected to be between $440 million and $450 million. sec.gov
- 5Net loss for the quarter was $94.2 million. quantisnow.com
- 6The company secured a $94 million Space Force contract for ground‑based radar digitization. sec.gov
Summary written by AlphAI AI Desk from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.