Filing Flows › Voyager Technologies (VOYG) › Q3 2026
Voyager Technologies (VOYG) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 3, 2026
Voyager Technologies (VOYG) reported revenue of $88.7M for the third quarter 2026 (Q3 2026), +124% from a year earlier and +68% from the quarter before. Operating margin was -69.8%, net loss $58.4M (65.8% of revenue).
Voyager Technologies, Q3 2026: revenue $88.7M (+124% year over year), operating margin -69.8%, net loss $58.4M, operating cash flow −$29.7M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $88.7M | +68% | +124% |
| Operating profit | −$61.9M | — | — |
| Net earnings | −$58.4M | — | — |
| Operating cash flow | −$29.7M | — | — |
What changed
Revenue was $88.7M in Q3 2026, up 124% year over year and up 68% from the previous quarter.
Gross margin was 11.5%, down 3.9 points from Q3 2025. Operating costs exceeded revenue by $61.9M, an operating margin of -69.8%. Operating expenses grew 139% against revenue growth of 124%. The fastest-growing cost line was Research & development (+438%). The quarter ended with a net loss of $58.4M, wider than the previous quarter's $48.7M loss. Minority interests bore $2.7M of it: to shareholders the quarter was a loss of $55.7M.
Operating cash flow was −$29.7M. Non-cash charges added back $10.0M of depreciation and amortization and $5.0M of share-based compensation. Working capital and other items added $13.6M. Capital expenditures of $28.2M exceeded it, leaving free cash flow of −$57.9M.
Questions
What was Voyager Technologies' revenue in the third quarter 2026?
Voyager Technologies (VOYG) reported revenue of $88.7M for the third quarter 2026 (Q3 2026), +124% from a year earlier and +68% from the quarter before.
Was Voyager Technologies profitable in the third quarter 2026?
Operating loss was $61.9M (-69.8% of revenue) and net loss $58.4M.