Maximum discharge along the river is currently at the reporting a streamflow rate of cfs. This is also the highest stage along the Firehole River, with a gauge stage of ft at this location. This river is monitored from 1 different streamgauging stations along the Firehole River, the highest being situated at an altitude of ft, the .
The Firehole River is located in northwestern Wyoming, and is one of the two major tributaries of the Madison River. It flows north approximately 21 miles (34 km) from its source in Madison Lake on the Continental Divide to join the Gibbon River at Madison Junction in Yellowstone National Park. It is part of the Missouri River system.