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Firefly Aerospace Narrows 2026 Revenue Forecast

November 11, 2026

1 min read

Key Takeaways

Firefly Aerospace narrows 2026 revenue forecast to $440-450 million.
Backlog reaches a record $1.7 billion.
Q3 revenue rose 259% to $110.7 million.
Net loss was $94.2 million, or $0.56 a share.

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Strategic Implications

This revised forecast may indicate Firefly Aerospace's growing confidence in its ability to execute on its backlog, which could suggest a strengthening position in the commercial space market. The company's ability to secure new contracts and partnerships may also indicate a positive outlook for its future growth prospects.

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What Happened

Company Raises Lower End Of Revenue Guidance Amid Record Backlog

Firefly Aerospace has narrowed its 2026 revenue forecast to $440-450 million, citing a record backlog of $1.7 billion. The company reported Q3 revenue of $110.7 million, a 259% increase from the same period last year, and a net loss of $94.2 million, or $0.56 a share. Firefly Aerospace’s CEO, Jason Kim, noted that the company is making progress on its pipeline and backlog, with several new contracts and partnerships announced in recent months. This news was first reported by MLQ.ai.

Source | Originally Published: November 10, 2026

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