Filing Flows › Redwire (RDW) › Q2 2025
Redwire (RDW) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
Redwire (RDW) reported revenue of $61.8M for the second quarter 2025 (Q2 2025), -21% from a year earlier and +0.6% from the quarter before. Operating margin was -148.8%, net loss $97.0M (157.0% of revenue).
Redwire, Q2 2025: revenue $61.8M (-21% year over year), operating margin -148.8%, net loss $97.0M, operating cash flow −$87.7M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $61.8M | +0.6% | -21% |
| Operating profit | −$91.9M | — | — |
| Net earnings | −$97.0M | — | — |
| Operating cash flow | −$87.7M | — | — |
What changed
Revenue was $61.8M in Q2 2025, down 21% year over year and up 1% from the previous quarter.
Operating costs exceeded revenue by $91.9M, an operating margin of -148.8%. The fastest-growing cost line was Other operating costs (+5887%). The quarter ended with a net loss of $97.0M, wider than the previous quarter's $2.9M loss.
Operating cash flow was −$87.7M. Non-cash charges added back $5.1M of depreciation and amortization and $32.7M of share-based compensation. Working capital and other items used $28.4M. Capital expenditures of $3.0M exceeded it, leaving free cash flow of −$90.6M.
Questions
What was Redwire's revenue in the second quarter 2025?
Redwire (RDW) reported revenue of $61.8M for the second quarter 2025 (Q2 2025), -21% from a year earlier and +0.6% from the quarter before.
Was Redwire profitable in the second quarter 2025?
Operating loss was $91.9M (-148.8% of revenue) and net loss $97.0M.
Source: Redwire 10-Q on SEC EDGAR.