Filing Flows › Voyager Technologies (VOYG) › Q2 2026
Voyager Technologies (VOYG) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 4, 2026
Voyager Technologies (VOYG) reported revenue of $52.7M for the second quarter 2026 (Q2 2026), +15% from a year earlier and +50% from the quarter before. Operating margin was -97.5%, net loss $48.7M (92.4% of revenue).
Voyager Technologies, Q2 2026: revenue $52.7M (+16% year over year), operating margin -97.5%, net loss $48.7M, operating cash flow −$44.3M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $52.7M | +50% | +15% |
| Operating profit | −$51.4M | — | — |
| Net earnings | −$48.7M | — | — |
| Operating cash flow | −$44.3M | — | — |
What changed
Revenue was $52.7M in Q2 2026, up 15% year over year and up 50% from the previous quarter.
Gross margin was 8.4%, down 9.5 points from Q2 2025. Operating costs exceeded revenue by $51.4M, an operating margin of -97.5%. Operating expenses grew 73% against revenue growth of 15%. The fastest-growing cost line was Research & development (+1361%). The quarter ended with a net loss of $48.7M, wider than the previous quarter's $45.9M loss. Minority interests bore $2.3M of it: to shareholders the quarter was a loss of $46.5M.
Operating cash flow was −$44.3M. Non-cash charges added back $7.2M of depreciation and amortization and $3.8M of share-based compensation. Working capital and other items used $6.5M. Capital expenditures of $35.5M exceeded it, leaving free cash flow of −$79.9M.
Questions
What was Voyager Technologies' revenue in the second quarter 2026?
Voyager Technologies (VOYG) reported revenue of $52.7M for the second quarter 2026 (Q2 2026), +15% from a year earlier and +50% from the quarter before.
Was Voyager Technologies profitable in the second quarter 2026?
Operating loss was $51.4M (-97.5% of revenue) and net loss $48.7M.