FIRY INC.

EDGAR

Annual consolidated revenue for 2025: about USD 104.5M, using the latest reported figures. The previous period, 2024, was about USD 92.87M.

Watchlist

Latest quarter

Revenue

31 million USD

2026 Q2 · USD

Exact inputs and evidence

Operating margin

-69.59%

2026 Q2 · %

Exact inputs and evidence
  • Operating Income: -21567000 USD Source
  • Revenue: 30992000 USD Source

Operating cash flow

-17.9 million USD

2026 Q2 · USD

Exact inputs and evidence
  • Operating Cash Flow: -24652000 USD Source
  • Operating Cash Flow: -6736000 USD Source
Cash and cash equivalents
164 million USD Source
Exact value

163991000 USD

Long-term debt including current maturities
129 million USD Source
Exact value

128646000 USD

Shares outstanding
328 million Unit_Standard_shares_tbvf3C3G4UWv23JsKvq14Q Source
Exact value

328000000 Unit_Standard_shares_tbvf3C3G4UWv23JsKvq14Q

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-10-16.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 8 of 11 periods available· newest 2025-12-31
  • Operating income: 8 of 11 periods available· newest 2025-12-31
  • Net income: 8 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 8 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 3 of 11 periods available· newest 2025-12-31
  • Total assets: 7 of 11 periods available· newest 2025-12-31
  • Total liabilities: 7 of 11 periods available· newest 2025-12-31
  • Current assets: 7 of 11 periods available· newest 2025-12-31
  • Current liabilities: 7 of 11 periods available· newest 2025-12-31
  • Cash and cash equivalents: 7 of 11 periods available· newest 2025-12-31
  • Long-term debt including current maturities: 7 of 11 periods available· newest 2025-12-31
  • shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +12.5%

    Prior period

    USD 92.87 million

    –

    Current period

    USD 104.5 million

    –

    Exact inputs and evidence

    104496000 − 92865000 = 11631000 USD

    92865000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    104496000 USD · 2025-01-01 – 2025-12-31

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  • Net income

    −USD 23.62 million

    Prior period

    −USD 46.79 million

    –

    Current period

    −USD 70.41 million

    –

    Exact inputs and evidence

    -70408000 − -46790000 = -23618000 USD

    -46790000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    -70408000 USD · 2025-01-01 – 2025-12-31

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  • Operating cash flow

    −USD 61.85 million

    Prior period

    −USD 7.07 million

    –

    Current period

    −USD 68.93 million

    –

    Exact inputs and evidence

    -68927000 − -7074000 = -61853000 USD

    -7074000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    -68927000 USD · 2025-01-01 – 2025-12-31

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  • Capital expenditure

    +110%

    Prior period

    USD 668,000

    –

    Current period

    USD 1.4 million

    –

    Exact inputs and evidence

    1403000 − 668000 = 735000 USD

    668000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    1403000 USD · 2025-01-01 – 2025-12-31

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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue USD 104.5 million 100% of revenue
  • Operating costs Derived USD 168.41 million 161% of revenue
  • Operating income −USD 63.92 million −61% of revenue
  • Tax, interest and other Derived USD 6.49 million 6.2% of revenue
  • Net income −USD 70.41 million −67% of revenue

Cash

  • Operating cash flow −USD 68.93 million −66% of revenue
  • Capital expenditure USD 1.4 million 1.3% of revenue
  • Free cash flow Derived −USD 70.33 million −67% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2018 Operating loss: operating costs were 150% of revenue.
  • 2019 Operating loss: operating costs were 121% of revenue.
  • 2020 Operating loss: operating costs were 145% of revenue.
  • 2021 Operating loss: operating costs were 177% of revenue.
  • 2022 Operating loss: operating costs were 256% of revenue.
  • 2023 Operating loss: operating costs were 175% of revenue.
  • 2024 Operating loss: operating costs were 150% of revenue.
  • 2025 Operating loss: operating costs were 161% of revenue.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2018 2018-01-01 – 2018-12-3150778000 76323000 Derived -25545000 2235000 Derived -27780000 Unavailable
Source
2019 2019-01-01 – 2019-12-31119872000 144700000 Derived -24828000 -1223000 Derived -23605000 Unavailable
Source
2020 2020-01-01 – 2020-12-31229047000 332237000 Derived -103190000 45889000 Derived -149079000 Unavailable
Source
2021 2021-01-01 – 2021-12-31380154000 673968000 Derived -293814000 -105889000 Derived -187925000 Unavailable
Source
2022 2022-01-01 – 2022-12-31269709000 691066000 Derived -421357000 17518000 Derived -438875000 Unavailable
Source
2023 2023-01-01 – 2023-12-31152079000 266371000 Derived -114292000 -12932000 Derived -101360000 -84994000 Derived
Source
2024 2024-01-01 – 2024-12-3192865000 139368000 Derived -46503000 287000 Derived -46790000 -7742000 Derived
Source
2025 2025-01-01 – 2025-12-31104496000 168414000 Derived -63918000 6490000 Derived -70408000 -70330000 Derived
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 104.5M 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.410.6M307.9M205.3M102.6M0.0201820222025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2018Revenue50778000
2019Revenue119872000
2020Revenue229047000
2021Revenue380154000
2022Revenue269709000
2023Revenue152079000
2024Revenue92865000
2025Revenue104496000

Revenue growth

Change in revenue from the same financial period one year earlier.

12.5% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.150%98%46%-6%-58%201820222025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2018Year over yearNo prior comparable period
2019Year over year136.1%
2020Year over year91.1%
2021Year over year66%
2022Year over year-29.1%
2023Year over year-43.6%
2024Year over year-38.9%
2025Year over year12.5%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -61.2% 2025
Net margin -67.4% 2025
Free cash flow margin -67.3% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.13%-34%-81%-129%-176%201820222025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2018Operating margin-50.3%
2019Operating margin-20.7%
2020Operating margin-45.1%
2021Operating margin-77.3%
2022Operating margin-156.2%
2023Operating margin-75.2%
2024Operating margin-50.1%
2025Operating margin-61.2%
2018Net margin-54.7%
2019Net margin-19.7%
2020Net margin-65.1%
2021Net margin-49.4%
2022Net margin-162.7%
2023Net margin-66.6%
2024Net margin-50.4%
2025Net margin-67.4%
2018Free cash flow marginNot reported
2019Free cash flow marginNot reported
2020Free cash flow marginNot reported
2021Free cash flow marginNot reported
2022Free cash flow marginNot reported
2023Free cash flow margin-55.9%
2024Free cash flow margin-8.3%
2025Free cash flow margin-67.3%

Operating cash flow

Cash generated by the company’s normal business operations.

USD -68.9M 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.14.4M-37.8M-90.1M-142.3M-194.6M201820222025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2018Operating cash flow-16948000
2019Operating cash flow-21937000
2020Operating cash flow-56232000
2021Operating cash flow-180154000
2022Operating cash flow-179597000
2023Operating cash flow-71758000
2024Operating cash flow-7074000
2025Operating cash flow-68927000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD -70.3M 2025
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.6.8M-17.8M-42.5M-67.1M-91.8M201820222025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2018Free cash flowUnavailable
2019Free cash flowUnavailable
2020Free cash flowUnavailable
2021Free cash flowUnavailable
2022Free cash flowUnavailable
2023Free cash flow-84994000
2024Free cash flow-7742000
2025Free cash flow-70330000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

61.9% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.89%67%45%22%0%2018-12-3120222025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2018-12-31Liabilities / assetsNot reportedNo source recorded
2019Liabilities / assets52%
2020Liabilities / assets82.7%
2021Liabilities / assets40.3%
2022Liabilities / assets55.2%
2023Liabilities / assets46.8%
2024Liabilities / assets53.8%
2025Liabilities / assets61.9%

Current assets to current liabilities

Current assets divided by current liabilities.

1.2× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.10.95×8.21×5.47×2.74×0.00×2018-12-3120222025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2018-12-31Current assets / current liabilitiesNot reportedNo source recorded
2019Current assets / current liabilities3.35×
2020Current assets / current liabilities4.94×
2021Current assets / current liabilities5.91×
2022Current assets / current liabilities10.14×
2023Current assets / current liabilities6.31×
2024Current assets / current liabilities4.6×
2025Current assets / current liabilities1.2×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2018 2018-01-01 – 2018-12-31
−USD 27.78 million
Exact value

Exact value: -27780000 USD

2018-01-01 – 2018-12-31: -27780000 USD Inspect Net Income Open source
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−USD 16.95 million
Exact value

Exact value: -16948000 USD

2018-01-01 – 2018-12-31: -16948000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2019 2019-01-01 – 2019-12-31
−USD 23.61 million
Exact value

Exact value: -23605000 USD

2019-01-01 – 2019-12-31: -23605000 USD Inspect Net Income Open source
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−USD 21.94 million
Exact value

Exact value: -21937000 USD

2019-01-01 – 2019-12-31: -21937000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2020 2020-01-01 – 2020-12-31
−USD 149.08 million
Exact value

Exact value: -149079000 USD

2020-01-01 – 2020-12-31: -149079000 USD Inspect Net Income Open source
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−USD 56.23 million
Exact value

Exact value: -56232000 USD

2020-01-01 – 2020-12-31: -56232000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2021 2021-01-01 – 2021-12-31
−USD 187.93 million
Exact value

Exact value: -187925000 USD

2021-01-01 – 2021-12-31: -187925000 USD Inspect Net Income Open source
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−USD 180.15 million
Exact value

Exact value: -180154000 USD

2021-01-01 – 2021-12-31: -180154000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2022 2022-01-01 – 2022-12-31
−USD 438.88 million
Exact value

Exact value: -438875000 USD

2022-01-01 – 2022-12-31: -438875000 USD Inspect Net Income Open source
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−USD 179.6 million
Exact value

Exact value: -179597000 USD

2022-01-01 – 2022-12-31: -179597000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2023 2023-01-01 – 2023-12-31
−USD 101.36 million
Exact value

Exact value: -101360000 USD

2023-01-01 – 2023-12-31: -101360000 USD Inspect Net Income Open source
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−USD 71.76 million
Exact value

Exact value: -71758000 USD

2023-01-01 – 2023-12-31: -71758000 USD Inspect Operating Cash Flow Open source
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USD 13.24 million
Exact value

Exact value: 13236000 USD

2023-01-01 – 2023-12-31: 13236000 USD Inspect Capital Expenditure Open source
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−USD 84.99 million
Calculation and evidence

-71758000 − 13236000 USD

Exact free cash flow: -84994000 USD

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2024 2024-01-01 – 2024-12-31
−USD 46.79 million
Exact value

Exact value: -46790000 USD

2024-01-01 – 2024-12-31: -46790000 USD Inspect Net Income Open source
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−USD 7.07 million
Exact value

Exact value: -7074000 USD

2024-01-01 – 2024-12-31: -7074000 USD Inspect Operating Cash Flow Open source
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USD 668,000
Exact value

Exact value: 668000 USD

2024-01-01 – 2024-12-31: 668000 USD Inspect Capital Expenditure Open source
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−USD 7.74 million
Calculation and evidence

-7074000 − 668000 USD

Exact free cash flow: -7742000 USD

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2025 2025-01-01 – 2025-12-31
−USD 70.41 million
Exact value

Exact value: -70408000 USD

2025-01-01 – 2025-12-31: -70408000 USD Inspect Net Income Open source
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−USD 68.93 million
Exact value

Exact value: -68927000 USD

2025-01-01 – 2025-12-31: -68927000 USD Inspect Operating Cash Flow Open source
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USD 1.4 million
Exact value

Exact value: 1403000 USD

2025-01-01 – 2025-12-31: 1403000 USD Inspect Capital Expenditure Open source
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−USD 70.33 million
Calculation and evidence

-68927000 − 1403000 USD

Exact free cash flow: -70330000 USD

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

36 filings · 4,295 latest values · 4,295 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001801661, 1801661, FEAC, FIRY, SKLZ, edgar:1801661

Also known as FIRY INC., Firy Inc., Flying Eagle Acquisition Corp., SKILLZ INC., Skillz Inc., Skillz Inc