Redwire Shares Drop Following Q3 2026 Earnings Miss
Redwire (RDW) shares fell over 20% following the release of its third-quarter 2026 financial results. Despite a year-over-year revenue increase to $109 million, the company missed analyst expectations of $135.8 million. Additionally, adjusted EBITDA losses widened to $5.3 million compared to a loss of $2.6 million in the prior year period. However, the report contained several positive indicators for long-term growth. The company achieved a record gross margin of 32.3%, significantly up from 16.3% in Q3 2025, and expanded its contract backlog to a record $619.7 million. These metrics suggest underlying operational improvements despite the immediate revenue shortfall.
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Topics: earnings miss EBITDA loss revenue growth space industry
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Part of the story Redwire Shares Drop Following Q3 2026 Earnings Miss (29 articles)