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Firefly Aerospace vs Momentus: revenue, profit, margins and growth compared

Firefly Aerospace brought in $159.9M of revenue in fiscal 2025, Momentus $1.1M in fiscal 2025. Revenue changed by +163.0% at Firefly Aerospace and -47.5% at Momentus on the year before, so Firefly Aerospace grew faster. Firefly Aerospace kept -186.6% of its revenue as net profit, Momentus -2,744.9%. Free cash flow was -$237.8M at Firefly Aerospace and -$23.3M at Momentus.

Side by side, latest fiscal year

FLYMNTS
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$159.9M$1.1M
Revenue growth+163.0%-47.5%
Net income-$298.3M-$30.5M
Net margin-186.6%-2,744.9%
Free cash flow-$237.8M-$23.3M
Free cash flow margin-148.7%-2,097.9%
Earnings per share (diluted)-$4.83-$49.10
Cash$793M$12.8M
Debtn/an/a
Price to earningsn/an/a
Market value$4.1B$92.9M
Dividend yieldn/an/a
Rank by revenue in sector#367 of 451 · Industrials#445 of 451 · Industrials

Over the years

Revenue
FLY FY2023: $55.2MFLY FY2025: $60.8MFLY FY2025: $159.9MMNTS FY2020: $365KMNTS FY2021: $330KMNTS FY2022: $299KMNTS FY2023: $3.1MMNTS FY2024: $2.1MMNTS FY2025: $1.1MFY20FY21FY22FY23FY24FY25
FLY $159.9MMNTS $1.1M
Net income
FLY FY2023: -$135.5MFLY FY2025: -$231.1MFLY FY2025: -$298.3MMNTS FY2020: -$307MMNTS FY2021: $120.7MMNTS FY2022: -$95.4MMNTS FY2023: -$68.9MMNTS FY2024: -$34.9MMNTS FY2025: -$30.5MFY20FY21FY22FY23FY24FY25
FLY -$298.3MMNTS -$30.5M
Net margin
FLY FY2023: -245.2%FLY FY2025: -380.2%FLY FY2025: -186.6%MNTS FY2020: -84,117.0%MNTS FY2021: 36,561.8%MNTS FY2022: -31,921.1%MNTS FY2023: -2,231.1%MNTS FY2024: -1,653.1%MNTS FY2025: -2,744.9%FY20FY21FY22FY23FY24FY25
FLY -186.6%MNTS -2,744.9%
Revenue growth
FLY FY2025: +10.1%FLY FY2025: +163.0%MNTS FY2021: -9.6%MNTS FY2022: -9.4%MNTS FY2023: +933.1%MNTS FY2024: -31.6%MNTS FY2025: -47.5%FY21FY22FY23FY24FY25
FLY +163.0%MNTS -47.5%
Free cash flow
FLY FY2023: -$170.7MFLY FY2025: -$190.3MFLY FY2025: -$237.8MMNTS FY2020: -$34MMNTS FY2021: -$89.7MMNTS FY2022: -$88.5MMNTS FY2023: -$61.9MMNTS FY2024: -$16.6MMNTS FY2025: -$23.3MFY20FY21FY22FY23FY24FY25
FLY -$237.8MMNTS -$23.3M

Fiscal years as each company reports them; the two may end in different months.

Questions about Firefly Aerospace and Momentus

Which is bigger by revenue, Firefly Aerospace or Momentus?

Firefly Aerospace is bigger by revenue: $159.9M in fiscal 2025, against $1.1M for Momentus in fiscal 2025.

Which keeps more of its revenue as profit, Firefly Aerospace or Momentus?

Firefly Aerospace had a net margin of -186.6% in fiscal 2025; Momentus had -2,744.9% in fiscal 2025.

Which grew revenue faster, Firefly Aerospace or Momentus?

In their latest fiscal years revenue changed by +163.0% at Firefly Aerospace and -47.5% at Momentus.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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