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Income Statement (USD)
| Q1 '25 | QoQ | |
|---|---|---|
| Revenue | 56M | 571.6% |
| Gross Profit | 2.2M | 215.4% |
| Cost of Revenue | 54M | 423.8% |
| Operating expense | 114M | 99.1% |
| Net Income | -60M | 13.9% |
Balance Sheet (USD)
| Q1 '25 | QoQ | |
|---|---|---|
| Total Assets | 439M | 0% |
| Total Liabilities | 1.28B | 0% |
Cash Flow (USD)
| Q1 '25 | QoQ | |
|---|---|---|
| Cash from operations | -57M | 6.7% |
| Cash from financing | 114M | 420.7% |
Financial Highlights for Firefly Aerospace in Q1 '25
Firefly Aerospace reported a revenue of 56M, which is a 571.6% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 2.2M, marking a 215.4% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 54M, a 423.8% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 114M, showing a 99.1% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was -60M, showing a -13.9% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
Firefly Aerospace faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
