GlobeNewswire·Nov 10, 2026, 4:10 PM ET

Firefly Aerospace Announces Third Quarter 2026 Financial Results With Record Backlog of $1.7 Billion

FLY

Firefly Aerospace reported Q3 2026 revenue of $110.7 million, representing a 259% increase year-over-year.
The company achieved a record backlog of $1.7 billion at the end of the quarter, up from $1.5 billion previously.
A cleanroom expansion funded by a Texas Space Commission grant is now operational, enabling the simultaneous assembly of up to 12 lunar landers and orbital vehicles.
Firefly received its first Mars award, a $13 million subcontract to build an aeroshell for NASA JPL's SkyFall mission targeting a late 2028 launch.
An extension was signed with Lockheed Martin for up to 25 Alpha Block II launches through 2031.
First European launch contracts were secured with SSC Space for two commercial Alpha launches from Sweden's Esrange Space Center.
A $94 million Space Force contract was awarded under the Ground-Based Radar Digitization program to overhaul legacy defense systems.
Firefly was onboarded to the $981 million Space Force IDIQ contract for the NITE-STAR test and training complex through 2032.
A contract was awarded by the Defense Innovation Unit to design an Elytra deorbit system for active debris removal.
The company joined NASA's Spacecraft Processing Operations Contract (SPOC) to provide spacecraft processing support services.
A commercial partnership with Starcloud was established to demonstrate AI compute capabilities in lunar orbit.
Zeno Power Systems was added as a payload customer for the Blue Ghost mission to deliver a Survive-the-Night Package.
Contracts valued at over $1.3 billion were signed with AST SpaceMobile, including IP licensing, engine delivery, and engineering support.
Firefly was onboarded as a vendor to NASA's $10 billion CLPS 2 initiative to compete for large cargo lander task orders.
A multi-launch agreement was signed with Japanese satellite company Synspective for up to 10 Alpha launches through 2030.
The Miranda engine qualification campaign has completed more than 170 hot fire tests in preparation for the Eclipse launch.
The U.S. Air Force contract for SciTec's Cloud-Based Command and Control system was extended to integrate new counter-UAV sensor feeds.
The MoonFall Preliminary Design Review was completed for the Elytra spacecraft supporting NASA's Moon south pole mission.
A FORGE operational milestone was achieved for the U.S. Space Force system, expanding its observational reach from geostationary orbit.
The critical design review for the Blue Ghost mission to the lunar south pole was completed.
A third hypersonic task order for the Alpha rocket was awarded from a confidential customer.
2026 full-year revenue guidance is set between $440 million and $450 million.

Company: Firefly Aerospace
Keywords: Nasdaq:FLY, Firefly Aerospace, Firefly Aerospace, Earnings, Aerospace, Defense, Space