FLY (Firefly Aerospace) Construction In Progress: $32.4 Mil (As of Mar. 2026)


FLY Firefly Aerospace Inc FLY
12 GF Score
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What is Firefly Aerospace Construction In Progress?

Firefly Aerospace FLY +1.36% 12 Construction In Progress is $32.4 Mil as of Mar. 2026. GuruFocus rates FLY with a GF Score™ of 12/100. The stock has 2 warning signs investors should review.

Firefly Aerospace's quarterly construction in progress increased from Sep. 2025 ($23.2 Mil) to Dec. 2025 ($38.7 Mil) but then declined from Dec. 2025 ($38.7 Mil) to Mar. 2026 ($32.4 Mil).

Firefly Aerospace's annual construction in progress declined from Dec. 2023 ($85.0 Mil) to Dec. 2024 ($17.6 Mil) but then increased from Dec. 2024 ($17.6 Mil) to Dec. 2025 ($38.7 Mil).

Firefly Aerospace Construction In Progress Historical Data

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The historical data trend for Firefly Aerospace's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Firefly Aerospace Construction In Progress Chart

Firefly Aerospace Annual Data
Trend Dec23 Dec24 Dec25
Construction In Progress
84.97 17.55 38.65

Firefly Aerospace Quarterly Data
Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.28 17.96 23.16 38.65 32.37
FLY
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Firefly Aerospace Inc FLY
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Firefly Aerospace Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of $32.4 Mil mean?
Firefly Aerospace (FLY) has a Construction In Progress of $32.4 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Firefly Aerospace and its competitors.
Is Firefly Aerospace's Construction In Progress too high?
Firefly Aerospace's current Construction In Progress is $32.4 Mil. Overall, Firefly Aerospace has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Firefly Aerospace's Construction In Progress compare to KRMN and LUNR?
Firefly Aerospace's Construction In Progress of $32.4 Mil can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for an Aerospace & Defense company?
A good Construction In Progress depends on the Aerospace & Defense industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Firefly Aerospace and its competitors. Firefly Aerospace's current Construction In Progress is $32.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Firefly Aerospace stock overvalued right now?
Firefly Aerospace (FLY) has a current Construction In Progress of $32.4 Mil. The current Construction In Progress is $32.4 Mil. Firefly Aerospace's overall GF Score™ is 12/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Firefly Aerospace (FLY), the current Construction In Progress is $32.4 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Firefly Aerospace Business Description

Other Exchanges 89C:Germany
Address 1320 Arrow Point Drive, Suite 109, Cedar Park, TX, USA, 78613
Firefly Aerospace Inc is a space and defense technology company with an established track record of success providing comprehensive mission solutions to national security, government, and commercial customers. The company develops and provides space and defense technologies, including launch vehicles and spacecraft systems, supporting launch, transit, and in-orbit operations for government, commercial, and national security customers. It has only one operating segment. The majority of the company's revenue is derived from Spacecraft Solutions.
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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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