Firefly Aerospace Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Equivalents	792.97	123.43	81.95
Short-Term Investments	100.01	-	-
Cash & Short-Term Investments	892.97	123.43	81.95
Cash Growth	623.46%	50.63%	-
Receivables	46.13	1	2.7
Inventory	-	-	0.25
Prepaid Expenses	-	-	2.02
Restricted Cash	-	0.42	2.45
Other Current Assets	24.07	55.86	60.59
Total Current Assets	963.18	180.72	149.95
Property, Plant & Equipment	181.41	153.89	138.26
Goodwill	450.12	17.1	17.1
Other Intangible Assets	165.71	-	-
Other Long-Term Assets	64.52	55.63	15.91
Total Assets	1,825	407.33	321.21
Accounts Payable	35.96	37.72	27.62
Accrued Expenses	42.76	14.42	16.47
Current Portion of Long-Term Debt	7.1	6.35	0.97
Current Portion of Leases	2.22	1.98	1.85
Current Unearned Revenue	116.14	108.07	89.4
Other Current Liabilities	9.42	10.84	0.45
Total Current Liabilities	213.58	179.38	136.77
Long-Term Debt	281.44	141.6	95.61
Long-Term Leases	17.84	18.46	22.52
Long-Term Unearned Revenue	92.57	45.9	33.75
Other Long-Term Liabilities	29.57	30.03	1.18
Total Liabilities	635	415.37	289.83
Common Stock	0.02	0	0
Additional Paid-In Capital	2,210	-	-
Retained Earnings	-1,020	-767.62	-504.49
Total Common Equity	1,190	-767.62	-504.49
Shareholders' Equity	1,190	-8.04	31.38
Total Liabilities & Equity	1,825	407.33	321.21
Total Debt	308.59	168.4	120.95
Net Cash (Debt)	584.38	-44.97	-39
Net Cash Per Share	8.44	-3.51	-3.26
Filing Date Shares Outstanding	159.95	13.24	11.98
Total Common Shares Outstanding	159.28	13.24	11.98
Working Capital	749.59	1.34	13.17
Book Value Per Share	7.47	-57.97	-42.12
Tangible Book Value	574.11	-784.72	-521.58
Tangible Book Value Per Share	3.60	-59.27	-43.55
Land	5.12	3.51	2.5
Buildings	49	48.83	10.07
Machinery	56.68	45.82	19.15
Construction In Progress	38.65	17.55	84.97
Leasehold Improvements	12.98	7.28	7.28
Order Backlog	1,351	1,099	-

Source: S&P Capital IQ. Standard template. Financial Sources.