---
title: "Firefly Aerospace Reports Better-Than-Expected Q1 Results, Shares Surge"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285121446.md"
description: "Firefly Aerospace Inc (NASDAQ:FLY) reported better-than-expected Q1 results, with revenue of $80.88 million surpassing estimates of $77.07 million. The company posted an adjusted loss of 46 cents per share, beating the forecast of 48 cents. CEO Jason Kim highlighted progress in their launch and spacecraft business, with a focus on scaling production for lunar missions and national security. Firefly ended the quarter with $326.18 million in cash and expects full-year 2026 revenue between $420 million and $450 million. Following the report, shares surged 10.58% in after-hours trading to $36.98."
datetime: "2026-05-04T20:44:36.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285121446.md)
  - [en](https://longbridge.com/en/news/285121446.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285121446.md)
---

# Firefly Aerospace Reports Better-Than-Expected Q1 Results, Shares Surge

**Firefly Aerospace Inc** (NASDAQ:FLY) reported first-quarter financial results after the closing bell on Monday. Here’s a rundown of the report.

-   **Firefly Aerospace shares are trending. What’s driving FLY stock?**

## **Firefly Q1 Highlights**

Firefly reported revenue of $80.88 million for the first quarter, beating analyst estimates of $77.07 million, according to Benzinga Pro. The space and defense technology company reported a first-quarter adjusted loss of 46 cents per share, beating estimates for a loss of 48 cents per share.

Firefly highlighted multiple achievements in the quarter, including its selection for the space-based interceptor program under Golden Dome, critical milestones for Blue Ghost lunar missions and Alpha Flight 7.

“We’ve maintained steady progress across our launch and spacecraft business, and remained focused on scaling up our production lines to meet the demand for frequent landings on the Moon, a regular launch cadence, and critical national security missions,” said **Jason Kim**, CEO of Firefly Aerospace.

Firefly ended the quarter with $326.18 million in total cash and cash equivalents, and approximately $225.45 million in short-term investments.

Firefly continues to expect full-year 2026 revenue to be in the range of $420 million to $450 million, versus estimates of $432.45 million.

**Firefly executives will further discuss the quarter on an earnings call scheduled for 5 p.m. ET.**

## **FLY Shares Rise After Hours**

**FLY Price Action:** Firefly Aerospace shares were up 10.58% in Monday’s after-hours session, trading at $36.98 at the time of publication, according to Benzinga Pro.

**Read Also: Launches And Lawsuits: Texans Sue SpaceX Over Alleged Rocket-Induced Damage**

_Image: courtesy of Firefly Aerospace._

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