Redwire (RDW) and Firefly Aerospace (FLY), both space companies, experienced significant stock drops after missing their Q3 2025 earnings estimates. While Redwire focuses on space infrastructure and Firefly on launch services, both are currently unprofitable and burning through cash, with Firefly spending over four dollars for every dollar in revenue. In contrast, Planet Labs (PL) offers a more mature and profitable alternative in the space sector with four consecutive quarters of adjusted EBITDA profitability.
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The Space Infrastructure Builder Stumbles While the Launch Provider Burns Through Cash Faster
Redwire (RDW) and Firefly Aerospace (FLY), both space companies, experienced significant stock drops after missing their Q3 2025 earnings estimates. While Redwire focuses on space infrastructure and Firefly on launch services, both are currently unprofitable and burning through cash, with Firefly spending over four dollars for every dollar in revenue. In contrast, Planet Labs (PL) offers a more mature and profitable alternative in the space sector with four consecutive quarters of adjusted EBITDA profitability.