{
  "url": "https://struct.news/briefs/firefly-grew-six-month-revenue-76x-its-cash-burn-got-595m-worse",
  "title": "Firefly grew six-month revenue 7.6x. Its cash burn got $59.5M worse.",
  "summary": "Accounts receivable climbed from $5.6M to $58.1M as operating cash flow fell to negative $144.1M.",
  "published_at": "2026-08-11T21:20:27.492180+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": "Firefly Aerospace Inc.",
    "ticker": "FLY",
    "cik": "1860160",
    "sector": "Industrials",
    "industry": "Aerospace & Defense"
  },
  "source_filing": {
    "form": "10-Q",
    "filed": "2026-08-11",
    "accession": "0001860160-26-000023",
    "url": "https://www.sec.gov/Archives/edgar/data/1860160/000186016026000023/fly-20260630.htm"
  },
  "comparison_filing": {
    "form": "10-Q",
    "filed": "2025-09-22",
    "url": "https://www.sec.gov/Archives/edgar/data/1860160/000119312525211265/fly-20250630.htm"
  },
  "reported_figures": [
    {
      "group": "The filing in three numbers",
      "label": "Revenue",
      "value": 159855000,
      "display": "$159.9M",
      "unit": "usd",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "sec_filing",
        "label": "Filed company results",
        "form": "10-Q",
        "accession": "0001860160-26-000023",
        "filing_date": "2026-08-11"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Revenue YoY",
      "value": 162.95400710619816,
      "display": "+163.0%",
      "unit": "percent",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001860160-26-000023",
        "filing_date": "2026-08-11"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Operating margin",
      "value": -163.07778924650464,
      "display": "-163.1%",
      "unit": "percent",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001860160-26-000023",
        "filing_date": "2026-08-11"
      }
    }
  ],
  "watch_next": [
    {
      "type": "working_capital",
      "statement": "Firefly expects net working capital to fluctuate between surplus and deficit because contract payments and supplier terms differ in timing.",
      "importance": "medium",
      "evidence": "Due to the nature of our supplier and customer contracts as well as the timing of payments, we expect to continue to fluctuate between a surplus and a deficit of net working capital.",
      "source_date": "2026-08-11"
    }
  ],
  "related_tickers": [
    "FLY"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}