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Filing Flows › Redwire (RDW) › Q2 2026 › vs Q1 2026

Redwire (RDW) Q2 2026 vs Q1 2026 (quarter over quarter)

Redwire's revenue rose $20.1M (+21%) from $97.0M in Q1 2026 to $117M in Q2 2026. The biggest changes: Defense Tech +$17.6M (+40%); Space +$2.5M (+5%).

Redwire, Q2 2026: revenue $117M (+90% year over year), operating margin -18.9%, net loss $41.0M, operating cash flow −$24.9M. The chart draws each line against Q1 2026, the increases inside each band.

Redwire: what changed, Q2 2026 vs Q1 2026Redwire: what changed, Q2 2026 vs Q1 2026Share-based compensation−$42.8MSG&A−$40.8MNet loss−$35.5MOperating cash sources−$35.5MNet loss absorbed−$35.5MOperating costs−$27.5MCash used in operations$18.3MDefense Tech$17.6MCosts & expenses−$15.4MCost of revenue$13.4M

Every line

LineQ2 2026Q1 2026Change%
Defense Tech$61.9M$44.3M$17.6M+40%
Space$55.2M$52.7M$2.5M+5%
Revenue$117M$97.0M$20.1M+21%
Net loss$41.0M$76.5M−$35.5M-46%
Costs & expenses$158M$173M−$15.4M-9%
Operating costs$139M$167M−$27.5M-17%
Interest & other, net$17.0M$6.2M$10.9M+176%
Income tax$1.9M$641K$1.2M+190%
Cost of revenue$84.5M$71.2M$13.4M+19%
Research & development$12.5M$12.6M−$35K-0.3%
SG&A$42.1M$82.9M−$40.8M-49%
Operating cash sources$41.0M$76.5M−$35.5M-46%
Depreciation & amortization$11.5M$11.2M$210K+2%
Share-based compensation$3.9M$46.7M−$42.8M-92%
Working capital & other$675K$11.9M−$11.2M-94%
Cash used in operations$24.9M$6.7M$18.3M+274%
Net loss absorbed$41.0M$76.5M−$35.5M-46%

Questions

How much did Redwire's revenue grow quarter over quarter in Q2 2026?

Redwire's revenue rose $20.1M (+21%) from $97.0M in Q1 2026 to $117M in Q2 2026.

What drove Redwire's revenue change in Q2 2026?

Defense Tech +$17.6M (+40%); Space +$2.5M (+5%).

Q2 2026 results → · Compare in the interactive Sankey →