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Stocks•24 April 2026•

1 min read

Firefly Aerospace Revenue Surges 541% with $1.4 Billion Backlog

Key Facts

1Firefly Aerospace achieved 541% YoY revenue growth, reaching $57.7 million in Q4, driven by the SciTech acquisition.

2The company's backlog reached $1.4 billion, with 80% of the 2026 revenue guidance already booked.

Firefly Aerospace has reported a transformative financial performance, with Q4 revenue surging by 541% year-over-year to reach $57.7 million. This massive growth was primarily driven by the strategic acquisition of SciTech, which facilitated a successful pivot toward recurring software-based revenue streams. The company's backlog has now reached a substantial $1.4 billion, significantly enhancing long-term revenue visibility. Notably, Firefly has already secured 80% of its targeted revenue for 2026, underscoring strong market demand and operational execution. Following these milestones, analysts have issued a 'Buy' rating, citing the company's strengthened market position. This record growth highlights Firefly's emergence as a key player in the evolving space industry landscape.