Redwire Reports Record Q2 2026 Revenue and Backlog

Jacksonville, FL, USA - Redwire Corporation (NYSE: RDW), a prominent global leader in space and defense technology solutions, has announced its financial performance for the second quarter ended June 30, 2026. The company achieved significant milestones, reporting record-breaking revenue and gross margins while bolstering its contracted backlog.

Financial Highlights

• Revenue reached a record high of $117.1 million, an 89.6% increase compared to the same period in the previous year.
• Gross margins improved to 27.8%, marking a notable year-over-year increase from the prior year's negative margin.
• Net loss showed significant improvement, narrowing by $56.0 million to $(41.0) million.
• Total liquidity reached $607.8 million at the end of the quarter, representing a 366.9% increase over the end of 2025.
• Contracted backlog stands at a record $542.1 million.

Operational Achievements

• Redwire secured key follow-on awards for its Stalker Block 30 system from U.S. Marine Corps and Army units.
• The company expanded its global footprint with new contracts for Penguin uncrewed aerial systems, including a major deal with a NATO partner.
• Nearly 200 Octopus ISR payloads have been delivered year-to-date, reflecting a 15% year-over-year growth.
• The company continues to advance its on-orbit pharmaceutical research, partnering with institutions like Bristol Myers Squibb and Purdue University.

Redwire remains focused on scaling its mission-critical space and defense technology. Management reaffirmed its full-year 2026 revenue forecast of $450 million to $500 million, supported by a strong backlog and recent facility expansions in Indiana and Alabama.