Redwire Reports Q3 2026 Results with Record Gross Margins
Satellite / Space
Earnings
Merger:
Sep 03, 2021
Industry:
GUIDED MISSILES & SPACE VEHICLES & PARTS
Market Cap.:
2.10 bn.
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Redwire Corporation Reports Third Quarter 2026 Financial Results, Expands Backlog, Achieves Record Gross Margins
JACKSONVILLE, Fla., USA - Redwire Corporation (NYSE:RDW), a global leader in space and defense technology solutions, announced its financial results for the third quarter ended September 30, 2026, highlighting record gross margins and a growing backlog.
During the third quarter, Redwire achieved durable demand across its portfolio, pushing its backlog to a record $619.7 million, representing a nearly 75 percent increase year-over-year. The book-to-bill ratio also saw a strong increase to 1.73 for the quarter and 1.63 for the last twelve months.
Financial Highlights
- Revenues increased 5.4 percent year-over-year to $109.0 million for the third quarter of 2026.
- Gross margins expanded significantly to a record 32.3 percent compared to 16.3 percent in the third quarter of 2025.
- Net loss improved by $18.0 million year-over-year to $(23.2) million.
- Total liquidity reached $538.9 million as of September 30, 2026.
Business Highlights
- Awarded a $20 million contract from DARPA for SabreSat precursor flight testing in very low-Earth orbit.
- Received a follow-on contract from Axiom Space for two Roll-Out Solar Array wings.
- Reaffirmed full-year 2026 revenue forecast of $450 million to $500 million.
About Redwire Corp
Redwire Corporation (NYSE:RDW) is a global space infrastructure and innovation company enabling civil, commercial, and national security programs. Redwire’s proven and reliable capabilities include avionics, sensors, power solutions, critical structures, mechanisms, radio frequency systems, platforms, missions, and microgravity payloads. Redwire combines decades of flight heritage and proven experience with an agile and innovative culture. Redwire’s approximately 700 employees working from 17 facilities located throughout the United States and Europe are committed to building a bold future in space for humanity, pushing the envelope of discovery and science while creating a better world on Earth. For more information, please visit redwirespace.com.
