Redwire Q2 Revenue Soars 90%, Crushes Estimates; Reaffirms 2026 Outlook
RDW has more than doubled off its 52-week low of $4.87.
Summary
Redwire delivered a standout Q2, with revenue surging 90% year-over-year to $117.07 million, handily beating the $107.30 million consensus. Gross margin swung from negative 30.9% a year ago to a positive 27.8%, signaling a dramatic operational turnaround. The company reaffirmed its full-year 2026 revenue guidance of $450–$500 million, backed by a record backlog and strong demand in space and defense. This follows a period of heavy insider selling and a new $500 million ATM program, making the strong results and reaffirmed guidance a critical counterpoint. The net loss of $40.97 million, driven partly by equity compensation, remains a watchpoint, but the top-line momentum and margin improvement are the story.
At the time of this announcement, RDW was trading at $11.29 on NYSE in the Technology sector, with a market capitalization of approximately $2.6B. The 52-week trading range was $4.87 to $26.64. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.