Quick Answer
Firefly Aerospace Inc. reported R&D Expense of $200.12 million for fiscal year 2025.
Firefly Aerospace Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $200.12M | +33.9% |
| 2024 | $149.50M | +26.8% |
| 2023 | $117.87M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $48.76M | +63.3% | +6.5% |
| June 30, 2025 | $45.77M | +15.8% | +53.3% |
| September 30, 2024 | $29.86M | — | -24.5% |
| June 30, 2024 | $39.54M | — | — |
- Firefly Aerospace Inc. showed an increase of +33.9% in R&D Expense compared to the prior fiscal year.
- Over the 2023–2025 period, Firefly Aerospace Inc.’s r&d expense has grown by 69.8% (from $117.87 million to $200.12 million).
- The most recent figure is from Firefly Aerospace Inc.’s fiscal year 2025 report (Form 10-K), filed with the SEC on March 20, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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