Firefly Aerospace Q1 2026 Results Guidance

Firefly Aerospace reported Q1 2026 revenue $80.9M, up 44.8% YoY, but posted adjusted loss $0.46 per share versus consensus -$0.30.
Company gave full-year 2026 revenue guidance of $420-$450 million, midpoint $435 million, driving a 10.6% after-hours share jump.
Firefly secured a $109 million change proposal from the U.S. Space Force’s FORGE contract and was selected for the Golden Dome interceptor program.
Adjusted EBITDA was -$64.7 million, free cash flow -$78.9 million, worsening from prior year.