NASDAQ: FLY
Key Data Points
For decades, access to space was restricted to those working with a government agency like NASA, but private companies are gaining a prominent foothold among the stars. Novaspace, a space consulting and market intelligence company, projects that the global space economy will grow from $596 billion in 2024 to $944 billion by 2033.
Firefly Aerospace is developing launch vehicles and spacecraft to provide leading services to customers. In March 2025, the company became one of the first commercial companies to complete a successful landing on the moon, where it delivered a suite of instruments for NASA.
In August 2025, Firefly joined the small -- but growing -- list of space stocks when it held its initial public offering (IPO).
How to buy Firefly Aerospace stock?
For investors who are interested in reaching for the stars with one of the newest space stocks available on the market, there are a few basic steps they must take.
- Open your brokerage app: Log in to your brokerage account where you handle your investments.
- Search for the stock: Enter the ticker or company name into the search bar to bring up the stock's trading page.
- Decide how many shares to buy: Consider your investment goals and how much of your portfolio you want to allocate to this stock.
- Select order type: Choose between a market order to buy at the current price or a limit order to specify the maximum price you're willing to pay.
- Submit your order: Confirm the details and submit your buy order.
- Review your purchase: Check your portfolio to ensure your order was filled as expected and adjust your investment strategy accordingly.
Is Firefly Aerospace profitable?
Before Firefly held its IPO, there wasn't much sense of Firefly's profitability. After it filed a Form S-1, however, investors gained considerably more insight into the company's financial situation.
With respect to the top of the income statement, Firefly glows brightly in its success at achieving strong growth. For the three-month period ending March 31, 2025, Firefly generated sales of $55.9 million compared to sales of $8.3 million in 2024. The company also succeeded a little further down the income statement. For the three-month period ending March 31, 2025, Firefly posted a gross profit of $2.2 million, a notable turnaround from the gross loss of $1.9 million that it reported during the same period in the previous year.
Ultimately, however, Firefly is still unprofitable on a net income basis. For the quarter ending March 31, 2025, Firefly reported a net loss of $60.1 million.
Does Firefly Aerospace pay a dividend?
As of September 2025, Firefly didn't pay a dividend. Since the company is in the early innings of its development, it's unlikely it will start to do so at any point in the near future. The company, for example, states in its S-1 that it "currently intend[s] to retain any future earnings to fund the development and growth of our business. Therefore, we do not anticipate paying any cash dividends in the foreseeable future."
Should I invest in Firefly Aerospace?
For investors who are bullish on Firefly's prospects but who have low tolerances for risk or for those interested in gaining exposure to a variety of space stocks, buying an exchange-traded fund (ETF) that may be a more desirable option than buying Firefly stock on its own.
While some are confident that investing in Firefly Aerospace is a smart investment for them, others may not have the same priorities. If you can answer yes to most of the following questions, however, investing in Firefly Aerospace may be the right move for you:
- Are you looking for exposure to an innovative space stock that has strong growth potential?
- Do you need more portfolio diversification?
- Are you comfortable investing in an unprofitable company whose stock represents a higher degree of risk?
- Are you OK with not generating dividends from your investment?
- Since the space industry may not develop as quickly as expected, can you exercise patience while the industry matures, even though it may take longer than you previously anticipated?
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The bottom line on Firefly Aerospace
Firefly Aerospace may seem like an out-of-this-world investment opportunity, but it's important to recognize that, because the company is unprofitable and growth in the space industry may develop more slowly than investors anticipate, the stock is best left to those who are undaunted by a more speculative investment.
Whether you're interested in piloting Firefly Aerospace into your portfolio or you're more comfortable sitting on the sidelines for the time being, Firefly Aerospace is certainly a space stock to follow closely.
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