Firefly Aerospace - FY2026 Q3 Earnings $FLY $23.40 [-1.30% AH] ✅ Revenue: $110.7M (Est: $106.3M) [+259% YoY] ✅ EPS: -$0.45 (Est: -$0.49), non-GAAP, GAAP -$0.56 Additional Metrics: Gross Profit: $25.3M [+198% YoY] Gross Margin: 23% Operating Loss: -$101.6M (year ago -$62.2M) Net Loss: -$94.2M (year ago -$133.4M) Adjusted EBITDA: -$69.5M (year ago -$46.3M) Operating Cash Flow: -$69.7M Free Cash Flow: -$85.3M Cash and Short-Term Investments: $534.7M Backlog: $1.7B (prior quarter $1.5B) FY2026 Guidance: ✅ Revenue: $440-450M (Est: $440M) (Prior: $420-450M)

Firefighters had to extricate a driver as live power lines lay across a rolled-over pickup truck following a three-vehicle crash that police say was caused by a driver suffering a medical emergency in Lincolnshire.

Firefly Aerospace $FLY was selected as an eligible vendor for NASA's CLPS 2 lunar delivery program, which has a $10B ceiling over 10 years. That ceiling is not a guaranteed award, so Firefly still has to win individual orders, but it arrives with the March 2025 Blue Ghost Mission 1 success behind it. It is scaling Blue Ghost lander and Elytra orbiter production in an expanded facility that can fit up to 12 spacecraft.

Firelight kicked off its second epoch this week. Adding Lido to the coverage model doubles organic yield. The headline staking rate is still ~3%, but the organic-to-incentive ratio is 2/3 to 1/3. Pretty big move in one month.