Filing Flows › Redwire (RDW) › Q3 2026
Redwire (RDW) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Redwire (RDW) reported revenue of $109M for the third quarter 2026 (Q3 2026), +5% from a year earlier and -7% from the quarter before. Operating margin was -24.1%, net loss $23.2M (21.3% of revenue).
Redwire, Q3 2026: revenue $109M (+5% year over year), operating margin -24.1%, net loss $23.2M, operating cash flow −$63.6M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $109M | -7% | +5% |
| Operating profit | −$26.3M | — | — |
| Net earnings | −$23.2M | — | — |
| Operating cash flow | −$63.6M | — | — |
What changed
Revenue was $109.0M in Q3 2026, up 5% year over year and down 7% from the previous quarter. Space was the largest line at 56% of revenue. Space added $14.7M year over year (up 32%), 263% of the total change. Defense Tech declined 16%.
Gross margin was 32.3%, up 16.1 points from Q3 2025. Operating costs exceeded revenue by $26.3M, an operating margin of -24.1%. Operating expenses grew 5% against revenue growth of 5%. The fastest-growing cost line was Research & development (+87%). The quarter ended with a net loss of $23.2M, narrower than the previous quarter's $41.0M loss.
Operating cash flow was −$63.6M. Non-cash charges added back $11.2M of depreciation and amortization and $6.3M of share-based compensation. Working capital and other items used $57.9M. Capital expenditures of $1.8M exceeded it, leaving free cash flow of −$65.3M.
Questions
What was Redwire's revenue in the third quarter 2026?
Redwire (RDW) reported revenue of $109M for the third quarter 2026 (Q3 2026), +5% from a year earlier and -7% from the quarter before.
Was Redwire profitable in the third quarter 2026?
Operating loss was $26.3M (-24.1% of revenue) and net loss $23.2M.
Source: Redwire 10-Q on SEC EDGAR.