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Where the tokens are
Standardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q2 FY262026-06-30 | Q1 FY262026-03-31 | Q4 FY252025-12-31 | Q3 FY252025-09-30 |
|---|---|---|---|---|
| Revenue | $117.68M | $80.88M | $57.67M | $30.78M |
| Cost of revenue | $93.81M | $63.42M | $41.71M | $22.29M |
| Gross profit | $23.88M | $17.46M | $15.96M | $8.49M |
| Gross margin | 20.3% | 21.6% | 27.7% | 27.6% |
| Research and development | $71.53M | $67.51M | $57.57M | $48.76M |
| Selling, general and administrative | $47.54M | $45.62M | $44.00M | $21.92M |
| Operating expenses | $118.15M | $112.75M | $93.17M | $70.68M |
| Operating income | −$94.27M | −$95.29M | −$77.21M | −$62.19M |
| Operating margin | -80.1% | -117.8% | -133.9% | -202.1% |
| EBITDA | −$81.24M | −$79.73M | −$75.99M | −$56.57M |
| Interest income | $4.34M | $5.97M | $5.69M | $1.33M |
| Interest expense | −$1.79M | −$3.61M | $0 | — |
| Income before taxes | −$92.35M | −$96.61M | −$78.19M | −$133.41M |
| Income taxes | −$35.00K | $67.00K | −$37.13M | — |
| Net income | −$92.32M | −$96.68M | −$41.06M | −$133.41M |
| Net margin | -78.4% | -119.5% | -71.2% | -433.5% |
| EPS, basic | −$0.57 | −$0.61 | −$0.26 | −$1.50 |
| EPS, diluted | −$0.57 | −$0.61 | −$0.26 | −$1.50 |
| Diluted shares | 161.78M | 159.64M | 155.65M | 93.85M |
Figures describe Firefly Aerospace shares, not any token. As of Aug 11, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.