Redwire's aggressive acquisition strategy has driven a 89.6% revenue surge to $117.1M in 2026Q2, but the company remains deeply unprofitable with a -18.9% operating margin and -$44.9M in negative free cash flow.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue accelerated 89.6% year-over-year to $117.1M in 2026Q2, but operating losses widened to -$22.1M with a -18.9% margin, indicating that cost growth (R&D and SG&A of $54.6M) continues to outpace revenue gains.
Redwire has a substantial pipeline of $6 billion and over $500 million in bids for Q1 2025. Analysts project a compound annual growth rate (CAGR) of approximately 23% through 2026, with proprietary programs like the Valkyrie Hall Effect Thrusters potentially adding up to $150 million in annual revenue.
The acquisition of Edge Autonomy has transformed Redwire into a growth-focused platform, integrating it into the high-margin tactical drone market. This diversification includes capabilities in avionics, sensors, propulsion, and in-space manufacturing, enhancing its defense and international reach.
Redwire stands to benefit from government initiatives such as the 'Golden Dome' missile defense program, which has a projected lifetime value of $542 billion and an initial funding opportunity of $25 billion. The company's facility in Colorado is crucial for RF systems and antenna production, supporting contracts for missile defense and lunar exploration.
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Nov 4, 2026 | -$0.06+45.0% vs -$0.11 | $109M-14.0% vs $127M |
Q3 2026 Aug 5, 2026 | -$0.19-21.6% vs -$0.16 | $117M+9.3% vs $107M |
Q2 2026 May 6, 2026 | -$0.40-150.0% vs -$0.16 | $97M-8.5% vs $106M |
Q1 2026 Feb 25, 2026 | -$0.58-262.5% vs -$0.16 | $109M+10.1% vs $99M |
Redwire's Q3 loss narrowed versus estimates, but revenues missed forecasts. Record backlog, improved margins and shipment delays shape its 2026 outlook.
Redwire Corporation ( RDW ) Q3 2026 Earnings Call November 5, 2026 9:00 AM EST Company Participants Alex Curatolo - Senior Director of Investor Relations Peter Cannito - President, CEO & Chairman Chris Edmunds - Chief Financial Officer Conference Call Participants Sujeeva De Silva - ROTH Capital Partners, LLC, Research Division Brian Kinstlinger - Alliance Global Partners, Research Division Liam Baker - KeyBanc Capital Markets Inc., Research Division Adam Samuelson - Jefferies LLC, Research Division Griffin Boss - B. Riley Securities, Inc., Research Division Colin Canfield - Cantor Fitzgerald & Co., Research Division Austin Moeller - Canaccord Genuity Corp., Research Division Andrew Steinhardt - BofA Securities, Research Division Presentation Operator Greetings and welcome to Redwire Corporation's Q3 2026 Earnings Call.
A revenue shortfall is outweighing a quarter of record margins and record backlog at Redwire (NYSE:RDW). Redwire stock is at $6.13, down 21%, as the space and defense company's third-quarter sales fell well short of Wall Street's forecast.
Redwire reported Q3 2026 financial results yesterday after the market closed. In addition to growing sales on a year-over-year basis, the company also grew its backlog.
Benchmark RDW against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Redwire Corp (RDW)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $7.21 | $1.72B | -7.97 | 10.29% | -52.36% | -16.79% | — | |
| $2.05 | $24.37M | -0.68 | -47.49% | -927.68% | -90.19% | — | |
| $32.33 | $9.66B | -15.63 | 1505.21% | -536.66% | -27.27% | — | |
| $10.47 | $1.67B | -12.97 | -7.87% | -26.7% | -58.45% | — | |
| $15.06 | $42.53B | 32.86 | 22.99% | 13.38% | 5.55% | — | |
| $35.10 | $6.58B | 301.29 | 18.52% | 1.34% | 0.72% | — |
Redwire Corp (RDW) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Redwire Corp (RDW) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 5, 2026·SEC
Jul 14, 2026·SEC
Jul 1, 2026·SEC
Get notified when RDW posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
Redwire Corp (RDW) stock FAQ — growth, dividends, profitability & financials explained
Redwire Corp (RDW) reported $431.9M in revenue over the trailing twelve months. Revenue was $335.4M in fiscal year 2025. That is 1664% more than the $19.0M of fiscal year 2019.
Redwire Corp (RDW) grew revenue by 45.8% over the trailing twelve months, compared with the twelve months before.
No. Redwire Corp (RDW) reported a net loss of $226.1M over the trailing twelve months.
Redwire Corp (RDW) had a return on equity (ROE) of -16.8% over the trailing twelve months. A negative ROE means the company lost money over the period.
Redwire Corp (RDW) had negative free cash flow of $140.3M over the trailing twelve months.
