Filing Flows › Redwire (RDW) › Q2 2026
Redwire (RDW) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
Redwire (RDW) reported revenue of $117M for the second quarter 2026 (Q2 2026), +90% from a year earlier and +21% from the quarter before. Operating margin was -18.9%, net loss $41.0M (35.0% of revenue).
Redwire, Q2 2026: revenue $117M (+90% year over year), operating margin -18.9%, net loss $41.0M, operating cash flow −$24.9M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $117M | +21% | +90% |
| Operating profit | −$22.1M | — | — |
| Net earnings | −$41.0M | — | — |
| Operating cash flow | −$24.9M | — | — |
What changed
Revenue was $117.1M in Q2 2026, up 90% year over year and up 21% from the previous quarter. Defense Tech was the largest line at 53% of revenue. Defense Tech added $56.8M year over year (up 1119%), 103% of the total change. Space declined 3%.
Gross margin was 27.8%. Operating costs exceeded revenue by $22.1M, an operating margin of -18.9%. The fastest-growing cost line was Research & development (+629%). The quarter ended with a net loss of $41.0M, narrower than the previous quarter's $76.5M loss.
Operating cash flow was −$24.9M. Non-cash charges added back $11.5M of depreciation and amortization and $3.9M of share-based compensation. Capital expenditures of $8.5M exceeded it, leaving free cash flow of −$33.5M.
Questions
What was Redwire's revenue in the second quarter 2026?
Redwire (RDW) reported revenue of $117M for the second quarter 2026 (Q2 2026), +90% from a year earlier and +21% from the quarter before.
Was Redwire profitable in the second quarter 2026?
Operating loss was $22.1M (-18.9% of revenue) and net loss $41.0M.
Source: Redwire 10-Q on SEC EDGAR.