8-KCurrent report

Results of operations

✓ VerifiedRedwire reported record Q2 2026 revenue of $117.1 million, up 89.6% year-over-year, with gross margin of 27.8% and record contracted backlog of $542.1 million.

Summary

  • Revenues increased 89.6% year-over-year to $117.1 million for the second quarter of 2026, with the Defense Tech segment growing to $61,882 thousand from $5,078 thousand a year earlier.
  • Gross margin improved to 27.8% for the second quarter of 2026 compared to (30.9)% for the second quarter of 2025.
  • Net loss improved by $56.0 million year-over-year to $(41.0) million, and Adjusted EBITDA improved by $24.2 million to $(3.2) million, inclusive of $12.5 million in Research and Development expense.
  • Contracted backlog reached a record $542.1 million as of June 30, 2026, up from $411,246 thousand at December 31, 2025.
  • Redwire reduced the aggregate amount of its term loans from $90.0 million to $50.0 million and ended the quarter with total liquidity of $607.8 million, a 366.9% increase over the end of 2025.
  • Redwire reaffirmed its full-year 2026 revenue forecast of $450 million to $500 million, with $214.0 million of revenue recorded during the first half of 2026.
Q2 2026 revenue
$117.1 million
From the filing for Q2 2026 revenue
Revenues increased 89.6% year-over-year to $117.1 million for the second quarter of 2026.
Gross margin
27.8%
From the filing for Gross margin
Year-over-year improvement in gross margins to 27.8% for the second quarter of 2026 compared to (30.9)% for the second quarter of 2025.
Net loss
$(41.0) million
From the filing for Net loss
Net Loss improved by $56.0 million year-over-year to $(41.0) million for the second quarter of 2026.
Adjusted EBITDA
$(3.2) million
From the filing for Adjusted EBITDA
Adjusted EBITDA 2 increased by $24.2 million year-over-year to $(3.2) million for the second quarter of 2026, inclusive of $12.5 million in Research and Development expense.
Backlog
$542.1 million
From the filing for Backlog
With a record Backlog 1 of $542.1 million and a strengthened balance sheet to enable strategic investments
Total liquidity
$607.8 million
From the filing for Total liquidity
Ended second quarter 2026 with total liquidity 4 of $607.8 million, a 366.9% increase over the end of 2025.
Term loan reduction
$90.0 million to $50.0 million
From the filing for Term loan reduction
During the quarter we reduced the aggregate amount of our term loans from $90.0 million to $50.0 million
2026 revenue forecast
$450 million to $500 million
From the filing for 2026 revenue forecast
For the full year ended December 31, 2026, Redwire reaffirms that it is forecasting revenues of $450 million to $500 million.

The results show Defense Tech revenue expanding after the Edge Autonomy acquisition and a book-to-bill ratio of 1.42, alongside a reduced debt load and higher cash position. Redwire held its full-year 2026 revenue guidance of $450 million to $500 million.

Filed
Aug 5, 2026
Accepted
2026-08-05 20:28Z
Period
Aug 5, 2026
Accession no.
0001819810-26-000121
Size
1.2 MB