05:47 AM EDT, 09/23/2025 (MT Newswires) -- (Updates with the latest stock price movement in the headline and the first paragraph.)

Firefly Aerospace ( FLY ) shares were down nearly 13% in recent premarket activity Tuesday after the company's Q2 loss widened year over year and its revenue fell.

The company reported a Q2 net loss late Monday of $5.78 per diluted share, wider than a loss of $4.60 a year earlier.

Revenue for the quarter ended June 30 was $15.5 million, down from $21.1 million a year earlier.

Analysts surveyed by FactSet expected $16.8 million.

For 2025, the company expects revenue of $133 million to $145 million. Analysts expected $138.5 million.