Investors are grounding this space stock after the company reported uninspiring second-quarter results. Firefly Aerospace (FLY -15.31%) reported its first quarterly earnings report after the market closed yesterday, and investors weren't impressed. The company reported a Q2 2025 net loss of $63.8 million -- 19% lower than the $53.5 million net loss it reported in Q2 2024. Looking ahead, Firefly projects 2025 revenue of between $133 million and $145 million. If you were bullish on Firefly yesterday, nothing's changed, and now may be a good time to pick up even more shares of this space stock.