Redwire Q1 revenue +58% on Edge Autonomy; net loss widens 2495% on $42M equity charge

Filed May 7, 2026 · Period ending March 31, 2026 · Compared to 10-Q May 12, 2025 · ~2 min read

Key Changes

• high

  Net loss widened $73.6M to $76.5M (2495% YoY) despite operating loss widening only $55.4M (387% YoY); the $18.2M net below-the-line improvement (non-operating/other -$17.3M, income tax -$823K) was a smaller drag, not a gain, and did not offset the $42.1M accelerated equity vesting charge from the Edge Autonomy acquisition.

  MD&A: Net Loss & Below-the-Line verify on EDGAR →
• high

  Revenue rose 58% to $97.0M driven by $36.4M from the Edge Autonomy acquisition (Defense Tech segment) and $4.0M from favorable contract mix; gross margin expanded 1200 bp to 27% (from 15%) on $17.1M Edge contribution, reversing prior-year declines.

  MD&A: Revenue & Gross Margin verify on EDGAR →
• high

  Material weaknesses persist: U.S. operations implemented ERP with effective ITGCs but cannot yet demonstrate operating effectiveness (testing planned for 2026, missing the Dec 2025 target); European operations and acquired Redwire Defense Tech still lack effective ITGCs and process-level controls, with no completion timeline disclosed.

  Controls & Procedures verify on EDGAR →