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Firefly Aerospace (FLY)

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Recent press releases and 8-K filings for FLY.

Firefly Aerospace Faces Securities Class Action Investigation
FLY
Legal Proceedings
Demand Weakening
Profit Warning
  • Faruqi & Faruqi, LLP is investigating Firefly Aerospace (NASDAQ: FLY) for potential federal securities law violations, with a deadline of January 12, 2026, for investors to seek lead plaintiff status in a class action.
  • The complaint alleges the company overstated demand for its Spacecraft Solutions and the operational readiness of its Alpha rocket program.
  • This investigation follows Firefly's Q2 2025 earnings report on September 22, 2025, which showed a $80.3 million loss and $15.55 million in revenue, falling below analyst estimates and representing a 26.2% year-over-year decline.
  • Further negative news included a September 29, 2025, disclosure of a failure in its Alpha Flight 7 rocket, which contributed to significant stock price declines.
5 days ago
Firefly Aerospace Faces Securities Class Action Lawsuit
FLY
Legal Proceedings
Demand Weakening
Profit Warning
  • Faruqi & Faruqi, LLP has announced a federal securities class action lawsuit against Firefly Aerospace Inc. (NASDAQ: FLY), with a deadline for investors to seek the role of lead plaintiff by January 12, 2026.
  • The lawsuit alleges Firefly overstated demand and growth for its Spacecraft Solutions and the operational readiness of its Alpha rocket program, leading to materially false statements in its IPO Offering Documents and public statements during the class period of August 7, 2025, to September 29, 2025.
  • The company's stock price fell significantly after its Q2 2025 earnings report on September 22, 2025, which revealed a $80.3 million loss and revenue of $15.55 million (down 26.2% year-over-year), and again following the disclosure of an Alpha Flight 7 rocket incident on September 29, 2025.
Jan 1, 2026, 1:47 PM
Firefly Aerospace Faces Federal Securities Class Action Lawsuit
FLY
Legal Proceedings
Demand Weakening
Profit Warning
  • Faruqi & Faruqi, LLP is investigating potential claims against Firefly Aerospace Inc. (NASDAQ: FLY) and reminds investors of the January 12, 2026 deadline to seek the role of lead plaintiff in a federal securities class action.
  • The lawsuit alleges that Firefly made false and/or misleading statements regarding the demand and growth prospects for its Spacecraft Solutions offerings and the operational readiness and commercial viability of its Alpha rocket program.
  • The class period for the lawsuit is between August 7, 2025, the date of the company's IPO, and September 29, 2025.
  • Firefly reported a Q2 2025 loss of $80.3 million and revenue of $15.55 million, which was below analyst estimates and down 26.2% year-over-year, leading to a 15.31% stock price drop.
  • Further, the first stage of Firefly's Alpha Flight 7 rocket failed on September 29, 2025, causing the stock price to fall an additional 20.73%.
Dec 23, 2025, 4:12 PM
Firefly Aerospace Faces Securities Class Action Investigation
FLY
Legal Proceedings
Demand Weakening
Profit Warning
  • Faruqi & Faruqi, LLP is investigating Firefly Aerospace (NASDAQ: FLY) for potential federal securities law violations, encouraging investors who suffered losses between August 7, 2025, and September 29, 2025, to contact them.
  • The investigation alleges that Firefly overstated demand and growth prospects for its Spacecraft Solutions offerings and the operational readiness of its Alpha rocket program.
  • On September 22, 2025, Firefly reported a Q2 2025 loss of $80.3 million and revenue of $15.55 million, which was below analyst estimates and down 26.2% year-over-year, with Spacecraft Solutions revenue down 49%. This news led to a 15.31% stock price drop.
  • Following the disclosure on September 29, 2025, of a failed Alpha Flight 7 rocket test, Firefly's stock price fell an additional 20.73%.
  • The deadline for investors to seek the role of lead plaintiff in the federal securities class action is January 12, 2026.
Dec 17, 2025, 3:27 PM
Firefly Aerospace Appoints Ramon Sanchez as Chief Operating Officer
FLY
Management Change
Executive Compensation
Hiring
  • Firefly Aerospace Inc. announced the appointment of Ramon Sanchez as its new Chief Operating Officer (COO), effective December 22, 2025.
  • Sanchez will oversee the company's day-to-day operations, production scaling, and operational execution. He succeeds Dan Fermon, who stepped down on December 6, 2025.
  • His compensation package includes an annual base salary of $425,000, an annual cash bonus target of 50% of his base salary, a $42,000 cash sign-on bonus, and a $50,000 relocation allowance.
  • Additionally, Sanchez will receive 100,000 Restricted Stock Units (RSUs) and 228,833 Performance Stock Units (PSUs).
Dec 11, 2025, 9:16 PM
Firefly Aerospace Faces Securities Class Action Investigation
FLY
Legal Proceedings
Demand Weakening
  • Faruqi & Faruqi, LLP is investigating Firefly Aerospace Inc. (NASDAQ: FLY) for alleged federal securities law violations, with a January 12, 2026, deadline for investors to seek lead plaintiff status in a federal securities class action.
  • The complaint alleges Firefly made false and/or misleading statements regarding the demand and growth prospects for its Spacecraft Solutions offerings and the operational readiness and commercial viability of its Alpha rocket program.
  • The company's stock price fell significantly after its Q2 2025 earnings report on September 22, 2025, which reported a loss of $80.3 million and revenue of $15.55 million (below analyst estimates), and further declined following an Alpha Flight 7 rocket test failure on September 29, 2025.
Dec 4, 2025, 3:38 PM
Firefly Aerospace Faces Federal Securities Class Action Lawsuit
FLY
Legal Proceedings
Demand Weakening
Profit Warning
  • Faruqi & Faruqi, LLP is investigating Firefly Aerospace Inc. (NASDAQ: FLY) and has filed a federal securities class action lawsuit, with a lead plaintiff deadline of January 12, 2026.
  • The lawsuit covers Firefly securities purchased between August 7, 2025, and September 29, 2025, alleging the company made false and/or misleading statements, including overstating demand for its Spacecraft Solutions and the viability of its Alpha rocket program.
  • Firefly's Q2 2025 earnings, reported on September 22, 2025, showed a loss of $80.3 million and revenue of $15.55 million, which was below analyst estimates.
  • The company's stock price fell 15.31% on September 23, 2025, after the Q2 earnings report, and an additional 20.73% on September 30, 2025, following the disclosure of an Alpha Flight 7 rocket test failure.
Nov 30, 2025, 2:38 PM
Faruqi & Faruqi Investigates Firefly Aerospace for Securities Law Violations
FLY
Legal Proceedings
Demand Weakening
  • Faruqi & Faruqi, LLP is investigating Firefly Aerospace Inc. (NASDAQ: FLY) for potential federal securities law violations, with a January 12, 2026 deadline for investors to seek lead plaintiff status.
  • The investigation covers investors who purchased Firefly common stock pursuant to its August 7, 2025 initial public offering (IPO) or securities between August 7, 2025, and September 29, 2025.
  • Allegations include Firefly overstating demand and growth prospects for its Spacecraft Solutions and the operational readiness and commercial viability of its Alpha rocket program.
  • Firefly reported a Q2 2025 loss of $80.3 million and revenue of $15.55 million on September 22, 2025, with Spacecraft Solutions revenue down 49% year-over-year.
  • Following these financial results and the Alpha Flight 7 rocket failure disclosed on September 29, 2025, Firefly's stock price experienced significant declines, including a 15.31% drop on September 23, 2025, and a 20.73% drop on September 30, 2025.
Nov 21, 2025, 3:27 PM
Firefly Aerospace Faces Class Action Lawsuit Following IPO and Operational Issues
FLY
Legal Proceedings
Demand Weakening
Profit Warning
  • Faruqi & Faruqi, LLP is investigating potential claims against Firefly Aerospace Inc. (NASDAQ: FLY), with a January 12, 2026, deadline for investors to seek lead plaintiff status in a federal securities class action.
  • The lawsuit covers investors who purchased Firefly common stock pursuant to its August 7, 2025 IPO and/or securities during the Class Period of August 7, 2025, to September 29, 2025.
  • The complaint alleges that Firefly made false and/or misleading statements regarding the demand and growth prospects for its Spacecraft Solutions offerings and the operational readiness of its Alpha rocket program.
  • On September 22, 2025, Firefly reported a Q2 2025 loss of $80.3 million and revenue of $15.55 million, which was below analyst estimates and down 26.2% year-over-year, causing its stock price to fall 15.31%.
  • Less than a week later, on September 29, 2025, Firefly disclosed a failure of its Alpha Flight 7 rocket, leading to an additional 20.73% drop in its stock price to $29.30 per share.
Nov 14, 2025, 3:07 PM
Firefly Reports Q3 2025 Results, Announces SciTec Acquisition and NASA Contracts
FLY
Earnings
M&A
New Projects/Investments
  • Financial Performance: Firefly reported revenue of $30.78 million for Q3 2025, an increase from $22.37 million in Q3 2024.
  • Profitability Metrics: The company's net loss widened to $(133.41) million in Q3 2025 from $(40.79) million in Q3 2024, and Adjusted EBITDA was $(46.33) million compared to $(28.05) million in Q3 2024. Basic and diluted net loss per common share was $(1.50), an improvement from $(3.57) in Q3 2024.
  • Strategic Acquisition: The SciTec Acquisition closed, and SciTec secured a $259 million contract in May 2025 for the Future Operational Resilient Ground Evolution framework, enhancing Firefly's defense capabilities.
  • Significant NASA Contracts: Firefly was awarded a $177 million NASA contract for Blue Ghost Mission 4 to deliver payloads to the Moon in 2029, and a $10 million addendum for Blue Ghost Mission 1 for lunar data acquisition.
  • Launch Schedule Update: Alpha Flight 7 is targeting launch between late Q4 2025 and early Q1 2026. The Vira development engine for Eclipse is expected to begin hot fire testing in 1H2026.
Nov 12, 2025, 10:00 PM

Quarterly earnings call transcripts for Firefly Aerospace.