Loading…
Builds space infrastructure hardware, including spacecraft components, solar arrays and in-space manufacturing systems.
Builds space infrastructure hardware, including spacecraft components, solar arrays and in-space manufacturing systems.
Revenue comes from contracts to build or supply hardware, mostly with government space and defence agencies and also commercial satellite builders, and is booked as work is performed. The company was assembled from acquisitions of small space specialists and listed through a merger with a blank-check company in 2021.
Moat: narrow (IP / patents, customer qualification). Flight-heritage components and NASA/government qualification are slow for new entrants to match.
Headquarters: Jacksonville, Florida, US · Founded: 2020 · Employees: 1,410
Size Redwire (RDW) is a United States Industrials company (Aerospace & Defense) with a market value of $1.80B, the 1867th largest of 3,117 United States companies the cockpit tracks. Shares closed at $7.21 on 6 Nov 2026.
Performance Over six months the shares fell 34.9%, against -2.3% for the median peer and -1.1% for the United States market (cap-weighted) — 5th lowest of 19 in its peer set.
Growth Revenue grew 63.1% over the last twelve months (peer median +8.6%); the operating margin is -40.6% (peer median 5.1%).
Valuation It trades at 3.3× enterprise value to sales against a peer median of 4.1× (10th cheapest of 21).
Capital Return on invested capital runs 30.3 points below its cost of capital (19.2% WACC).
Backlog Backlog (remaining performance obligations) was $502M at 30 Sep 2026, up 91% on a year earlier — 1.2 years of trailing revenue. Backlog detail →
Short interest Short interest is 19.6% of the free float (15 Oct 2026).
Next results Next results expected around 1 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $426M | $335M | $304M | $244M | $161M |
| Revenue growth | — | +10% | +25% | +52% | — |
| Gross profit | $85.7M | $17.3M | $44.5M | $58.0M | $28.7M |
| EBITDA | -$126M | -$133M | -$19.9M | -$3.95M | -$26.6M |
| Net income | -$244M | -$227M | -$114M | -$27.3M | -$131M |
| Free cash flow | -$99.2M | -$191M | -$23.7M | -$3.83M | -$35.3M |
| Capital expenditure | $29.8M | $23.3M | $10.9M | $8.33M | $4.15M |
| Total debt | $90.3M | $201M | $282M | $202M | $171M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Redwire RDW | $1.80B | -35% | +63% | -41% | 3.3× | n/a |
| Rocket Lab RKLB | $31.8B | -50% | +53% | -29% | 38.5× | n/a |
| MDA Space MDA.TO | $4.65B | -14% | +38% | 5% | 3.5× | n/a |
| Voyager Technologies VOYG | $1.49B | -19% | +42% | -82% | 8.3× | n/a |
| Firefly Aerospace FLY | $3.48B | -48% | +179% | -116% | 10.1× | n/a |
| Intuitive Machines LUNR | $2.40B | -64% | +117% | -20% | 7.5× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | RDW | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -26.1% | -5.5% | 2nd lowest of 20 |
| 6-month return | -34.9% | -2.3% | 5th lowest of 19 |
| Distance from 52-week high | -72.9% | -36.6% | lowest of 21 |
| Revenue growth (TTM) | +63.1% | +8.6% | 2nd highest of 20 |
| Operating margin | -40.6% | 5.1% | lowest of 21 |
| EV / Sales | 3.3× | 4.1× | 10th cheapest of 21 |
| ROIC minus cost of capital | -30.3 pp | -4.5 pp | lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Redwire RDW | United States | $1.80B | -35% | +63% | -41% | 3.3× | n/a | n/a |
| China Marine Information Electronics 600764.SS | China | $1.82B | -28% | +9% | -2% | 3.1× | n/a | n/a |
| MTAR Technologies MTARTECH.NS | India | $1.77B | -18% | +108% | 20% | 12.5× | 48.5% | +29.2% |
| Cirrus Aircraft 2507.HK | Hong Kong | $1.85B | +5% | +14% | 13% | 0.9× | -1.4% | +18.3% |
| Montana Aerospace AERO.SW | Switzerland | $1.69B | -2% | -36% | 7% | 1.5× | 6.1% | +6.3% |
| Chemring CHG.L | United Kingdom | $1.92B | +13% | -4% | 13% | 3.1× | n/a | n/a |
| Ligeance Aerospace Technology 000697.SZ | China | $1.94B | -9% | +24% | -10% | 5.7× | n/a | n/a |
| Applied Aerospace & Defense AADX | United States | $1.67B | n/a | +35% | -10% | 3.6× | n/a | n/a |
| Sensofusion SENSO.HE | Finland | $1.97B | n/a | n/a | 64% | 47.9× | n/a | n/a |
| Avio AVIO.MI | Italy | $1.60B | -2% | +14% | 1% | 1.5× | 26.1% | +10.6% |
| Ducommun DCO | United States | $2.04B | -1% | +9% | 10% | 2.7× | n/a | n/a |
| Aequs AEQUS.NS | India | $1.56B | +8% | +33% | -7% | 10.3× | n/a | n/a |
| Bodycote BOY.L | United Kingdom | $2.09B | +35% | +2% | 15% | 2.4× | 22.6% | +4.0% |
| AECC Aero Science And Technology 600391.SS | China | $2.13B | +16% | -15% | 4% | 4.7× | 29.7% | +9.7% |
| Xi'an Triangle Defense 300775.SZ | China | $1.50B | -39% | -29% | 2% | 8.3× | 31.7% | +21.0% |
| Hunan Aerospace Huanyu Communication Technology 688523.SS | China | $2.19B | -45% | -30% | -8% | 39.9× | n/a | n/a |
| Beijing Beimo High-tech Frictional Material 002985.SZ | China | $1.46B | -17% | +36% | 28% | 10.4× | n/a | n/a |
| Aerospace Industrial Development 2634.TW | Taiwan | $1.46B | +3% | +3% | 6% | 1.7× | 4.1% | +11.0% |
| Beijing Highlander Digital Technology 300065.SZ | China | $1.44B | -48% | -32% | -1% | 18.5× | n/a | n/a |
| Cadre CDRE | United States | $1.40B | +9% | +20% | 11% | 2.5× | 16.9% | +8.6% |
| Beijing LeiKe Defense Technology 002413.SZ | China | $1.39B | -46% | -5% | -6% | 6.5× | n/a | n/a |
Redwire reported $502M of remaining performance obligations at 30 Sep 2026, up 91% from a year earlier and up 15% from the previous quarter. That is 1.2 years of trailing revenue already under contract. Book-to-bill last quarter: 1.61.