Firefly Aerospace Q2 revenue down 27% YoY, stock price declines 15.31%.

• Firefly Aerospace reports Q2 revenue of $15.5M, a 27% YoY decline. • Operating expenses increase by 12% YoY to $58.3M. • Stock price drops 15.31% on September 23, 2025.

Firefly Aerospace Inc. (NASDAQ: FLY) reported its Q2 2025 financial results, revealing a significant drop in revenue and an increase in operating expenses. The company reported a Q2 revenue of $15.5 million, marking a 27% year-over-year (YoY) decline. Operating expenses increased by 12% YoY to $58.3 million.

The stock price of Firefly Aerospace experienced a substantial drop following the release of the Q2 results. On September 23, 2025, the stock price declined by 15.31%, closing at $26.67 per share. This drop in stock price occurred despite the company’s plans to acquire SciTec for $855 million, including $300 million in cash and the remainder in equity priced at $50 per share Post SciTech acquisition, is Firefly Aerospace still a buy?^[1].

The acquisition of SciTec, a Princeton, New Jersey-based company, is aimed at strengthening Firefly's software and services capabilities, positioning it for future U.S. national security opportunities. However, the stock market reaction suggests that investors are cautious about the potential impact of the acquisition on the company's financial performance.

Firefly's Q2 results highlight the challenges faced by the spacetech industry, where revenue growth and profitability remain uncertain. The company's strategic move to expand its offerings aligns with broader industry trends, but the market's immediate response underscores the need for clear communication and execution.

As Firefly continues to navigate its acquisition and strategic expansion, investors and financial professionals will closely monitor the company's performance and the potential impact of the SciTec acquisition on its financial health.