Firefly Aerospace Inc. · NASDAQ:FLY
Firefly Aerospace — Q1 2026 Earnings Presentation
12 slides from Firefly Aerospace's earnings presentation, May 4, 2026
Slide 1: Financial Results Q1 2026
FINANCIAL RESULTS Q1 2026 05.04.2026
Slide 2: Disclaimer
DISCLAIMER Cautionary Note Regarding Forward-Looking Statements Free Cash Flow This presentation contains forward-looking statements (including within the meaning of Section 21E of the United States Securities Exchange Act of We define Free Cash Flow as net cash used in operating activities, less pu
Slide 3: First Quarter Highlights
FIRST QUARTER HIGHLIGHTS SPACECRAFT ≫ Landers ≫ Blue Ghost Mission 2 spacecraft assembly underway ≫ Orbiters ≫ NVIDIA collaboration for Ocula Moon imaging service ≫ Elytra DIU spacecraft in build phase ≫ Software NVIDIA Lunar Collaboration FORGE Operations ≫ SciTec supporting Golden Dome Space-Based
Slide 4: The Full-Service Space and Defense Company
THE FULL-SERVICE SPACE AND DEFENSE COMPANY SPACECRAFT LAUNCH Science missions on the Space domain awareness AI-powered defense Tactically responsive launch Commercial Moon and Mars software constellations Long-haul Dedicated satellite Rover & payload delivery Missile warning & trac
Slide 5: Spacecraft: NASA Moon Base Opportunity and Blue Ghost Progress
SPACECRAFT NASA MOON BASE OPPORTUNITY CLPS Growth Opportunity ≫ CLPS 1.0: $2.6 Billion IDIQ ≫ CLPS 2.0: $6 Billion IDIQ Artemis Moon Base Opportunity ≫ $20 billion expected for Phases 1 & 2 ≫ Monthly missions & larger landers BLUE GHOST PROGRESS Blue Ghost Production Scaling Up ≫ Building new cleanr
Slide 6: Spacecraft: NVIDIA Collaboration and Elytra
SPACECRAFT NVIDIA COLLABORATION Enabling on-orbit processing for Ocula lunar imaging service ≫ Accepted and fit checked high-resolution telescopes embedded with NVIDIA Jetson on Elytra ≫ Layered on with SciTec AI software to enable advanced lunar surface mapping, mineral detection, and space domain
Slide 7: Spacecraft: Golden Dome Agreement and FORGE Award
SPACECRAFT GOLDEN DOME AGREEMENT Secured U.S. Space Force agreement to support space- based interceptor program under Golden Dome ≫ Space Force awarded select group of companies with contracts totaling up to $3.2 billion ≫ Program enables next-generation space-based tracking and advanced interceptor
Slide 8: Launch: Alpha Flight and VICTUS DIEM
LAUNCH ALPHA FLIGHT 7 & VICTUS DIEM Successfully launched Alpha Flight 7 for Lockheed Martin & validated key Block II systems Supported two responsive space exercises for U.S. Space Force VICTUS DIEM mission ≫ Included 12-hour rapid payload processing demonstration and 36-hour rapid launch simulatio
Slide 9: All Major Flight Articles in Build & Test
LAUNCH ALL MAJOR FLIGHT ARTICLES IN BUILD & TEST Rocket Ranch is hardware rich with Miranda and Vira engines for testing & qualification Completed qualification of Eclipse interstage, liquid oxygen transfer line, and composite overwrapped pressure vessels Testing Eclipse first stage tanks beyond lim
Slide 10: Q1 2026 Financial Results
Q1 2026 FINANCIAL RESULTS Year-over-Year Q1 Revenue $90 Quarterly Revenue Growth (in millions) $75 $90 $60 $80.9 $80.9 $45 45% $75 $30 $55.9 $15 $57.7 $60 $0 Q1 2025 Q1 2026 (in millions) $45 Quarter-over-Quarter Revenue $30.8 $30 $90 $75 $15.5 $60 $15 $80.9 $45 40% $57.7 $30 $0 $15 Q2 2025 Q3 2025
Slide 11: 2026 Outlook
2026 OUTLOOK 2026 Annual Revenue $420 MILLION - $450 MILLION Q1 2026 Financial Results 11
Slide 12: Q&A
Q&A LAUNCH LAND OPERATE Q1 2026 Financial Results 12