Firefly Aerospace (FLY) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- -$0.45
- Estimate
- -$0.50
- Surprise
- +9.4%
- Revenue (period 2026-09-30)
- $110.7M
- Score today
- 5.4/10
Revenue source: xbrl.
How the report landed
Firefly Aerospace (FLY) reported a narrower loss than forecast — adjusted EPS of -$0.45 against the -$0.50 estimate (a 9.4% beat on a still-unprofitable quarter).
Coverage in the report window
- Firefly Aerospace CEO Says Rocket Demand Is Outstripping Supply: 'More Customers Than We Have Rockets' — benzinga, 2026-11-11
- Firefly Aerospace Q3 2026 Earnings Call Transcript — benzinga, 2026-11-10
- Firefly Aerospace Reports Third Quarter 2026 Financial Results — fiscal.ai, 2026-11-10
Where TrendMatrix's rating stands now
TrendMatrix currently rates FLY Sell at 5.4/10; no pre/post engine snapshot brackets this report.
3 of the last 4 quarters beat the estimate; this quarter's +9.4% surprise compares with a +14.4% four-quarter average.
What argues against it
- Concentration risk — Customer: top five customers
- Quality below floor (2.5 < 4.0)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $23.70
- Price target
- $31.08
- Stop
- $22.04
- Upside to target
- +31.1%
- Reward-to-risk
- 2.1:1
Model outputs from TrendMatrix’s engine as of 2026-11-11 — shown for context, not personalized investment advice.
FLY at TrendMatrix's latest read
Industrial quarters are order-book stories — backlog and book-to-bill color how the market reads the reported number.
- Industry
- Aerospace & Defense
- Market cap
- $3.97B
- P/E (fwd)
- -13.2
- 52-week range
- $14.45–$62.17
- Off 52-week high
- 61.9%
- RSI (14)
- 66
- Volume vs avg
- 1.47×
- Score today
- 5.4/10