Redwire Corp RDW
Redwire is an integrated space and defense technology company focused on advanced technologies. The Company's vision is to pioneer next-generation space and defense technologies that empower scientific discovery, advance global industries, and strengthen security - transforming how humanity explores, connects, and protects - from the skies above to the stars beyond. Powered by this vision, Redwire is building the future of aerospace infrastructure, autonomous systems, and multi-domain operations, leveraging digital engineering and artificial intelligence ("AI") automation.
Redwire's broad portfolio of airborne and space-based systems combine decades of flight heritage with an agile and innovative culture. Through its global operations, Redwire's technologies are deployed across national security, civil, and commercial space and defense technology market segments globally. Operating out of 28 locations in North America and Europe, Redwire serves a diverse set of domestic and international customers. For a discussion of risks associated with our operations, refer to Item 1A. "Risk Factors."
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $335.4M | $304.1M | $243.8M | $160.5M | $137.6M | — | — |
| Cost of revenue | $318.1M | $259.6M | $185.8M | $131.9M | $108.2M | — | — |
| Gross profit | $17.3M | $44.5M | $58.0M | $28.7M | $29.4M | — | — |
| R&D | $19.8M | $6.1M | $5.0M | $4.9M | $4.5M | — | — |
| SG&A | $171.3M | $71.4M | $68.5M | $70.3M | $78.7M | — | — |
| Operating income | -$229.7M | -$42.2M | -$15.5M | -$146.4M | -$70.2M | — | — |
| Pre-tax income | -$251.6M | -$116.3M | -$27.8M | -$138.6M | -$72.8M | — | — |
| Income tax | $25.0M | $2.0M | $486.0K | $8.0M | $11.3M | — | — |
| Net income | -$226.6M | -$114.3M | -$27.3M | -$130.6M | -$61.5M | — | — |
| EPS, basic | -2.28 | -2.35 | -0.73 | -2.09 | -1.36 | — | — |
| EPS, diluted | -2.28 | -2.35 | -0.73 | -2.09 | -1.36 | — | — |
| Shares, diluted (wtd. avg.) | $119.5M | $66.1M | $64.7M | $63.3M | $45.1M | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | $94.5M | $33.7M | $30.3M | $28.3M | $20.5M | $22.1M | $9.3M |
| Receivables | $37.3M | $21.9M | $32.4M | $26.7M | $16.3M | $6.1M | — |
| Inventory | $55.8M | $2.2M | $1.5M | $1.5M | $688.0K | $330.0K | — |
| Total current assets | $252.8M | $125.9M | $109.3M | $96.2M | $55.2M | $39.3M | — |
| Property, plant and equipment | — | — | — | $12.8M | $19.4M | $3.3M | — |
| Goodwill | $779.1M | $71.2M | $65.8M | $64.6M | $96.3M | $52.7M | $0 |
| Other intangibles | $336.2M | $61.8M | $63.0M | $66.9M | $90.8M | $61.0M | — |
| Total assets | $1.45B | $292.6M | $271.3M | $257.7M | $261.8M | $156.8M | — |
| Accounts payable | $32.3M | $32.1M | $18.6M | $17.6M | $13.1M | $7.2M | — |
| Short-term debt | $5.2M | $1.3M | $1.4M | $2.6M | $2.7M | $1.1M | — |
| Total current liabilities | $155.6M | $149.3M | $112.0M | $94.7M | $51.2M | $33.6M | — |
| Long-term debt | $80.0M | $124.5M | $86.8M | $74.7M | $74.9M | $76.6M | — |
| Total liabilities | $312.1M | $344.5M | $218.4M | $187.8M | $154.5M | $117.6M | — |
| Retained earnings | -$621.8M | -$348.1M | -$233.8M | -$206.5M | -$75.9M | -$14.4M | — |
| Total equity | $1.06B | -$188.7M | -$43.3M | -$6.5M | $107.2M | $39.2M | -$13.2M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | -$177.3M | -$17.3M | $1.2M | -$31.7M | -$37.4M | — | — |
| Depreciation and amortisation | $32.6M | $11.7M | $10.7M | $11.3M | $10.6M | — | — |
| Stock-based compensation | $59.0M | $11.3M | $8.7M | $10.8M | $27.1M | — | — |
| Capital expenditure | $13.5M | $6.4M | $5.6M | $3.6M | $2.1M | — | — |
| Investing cash flow | -$175.1M | -$7.2M | -$8.3M | -$37.4M | -$38.5M | — | — |
| Financing cash flow | $397.5M | $43.7M | $9.1M | $76.6M | $74.2M | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001819810-26-000050.
Others in SIC 3760
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| FLY | Firefly Aerospace Inc. | $3.63B | — | 163.0% |
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