Overview
- Shares rose about 10.8% intraday after Redwire reported Q4 2025 results.
- Quarterly revenue reached $108.8 million versus roughly $98.8 million expected, up 56% year over year, with full-year sales at $335.4 million.
- GAAP net loss measured $0.58 per share, including $85.5 million for the quarter and $226.6 million for the year, which management characterized as largely non-recurring.
- Backlog momentum featured a book-to-bill above 1.5x in Q4 and a $44 million DARPA Otter mission award using SabreSat to demonstrate very-low-orbit air-breathing satellites.
- Growth drivers included expanded Stalker and Penguin UAV shipments to customers in seven countries and 2026 sales guidance of $450 million to $500 million, while analysts still forecast cash burn through at least 2027.