Redwire reports 58% revenue growth, record $498M backlog, but posts $76.5M loss on acquisition charges

Filed May 6, 2026 · Period ending May 6, 2026 · ~1 min read

Key Changes

• high

  Q1 2026 revenue jumped 57.9% year-over-year to $97.0M with gross margin improving to 26.6%, though net loss reached $76.5M driven by $42.5M in non-cash equity compensation from accelerated vesting of Edge Autonomy acquisition incentive units.

  Exhibit 99.1 verify on EDGAR →
• high

  Record contracted backlog of $498.1M and book-to-bill ratio of 1.92 signal strong demand, with major wins including $1.8B Andromeda spacecraft IDIQ, first $12.8M ELSA solar array sale to Moog, and $20M+ Marine Corps Stalker drone orders.

  Exhibit 99.1 verify on EDGAR →
• medium

  Company ended quarter with $175.2M total liquidity (up 21% from year-end 2025) and reaffirmed full-year 2026 revenue guidance of $450M-$500M.

  Exhibit 99.1 verify on EDGAR →