Skip to content
stoqly

Redwire Corp

RDW NYSE Guided Missiles & Space Vehicles & Parts Financials FY2021–FY2025

Revenue Total sales reported in the income statement.
$335M
10.3% vs prior year
Operating margin Operating income as a share of revenue.
−68.5%
54.6 pts
Net income Profit after all expenses, interest and tax.
−$227M
Free cash flow Cash from operations minus capital spending.
−$191M
Return on capital After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
−17.3%
Market cap Last close times the latest diluted share count, so it is approximate.
—
P/E Last close divided by diluted earnings per share over the last four quarters.
—
On −$1.37 EPS (TTM)

What Redwire Corp does

No business description yet.

Legal name
Redwire Corp
Fiscal year ends
December 31, 2025
Latest annual report
10-K · Feb 27, 2026
Accession · CIK
0001819810-26-000029
0001819810

Revenue and margins

Redwire Corp had $335M of revenue in fiscal 2025, up 10.3% on the year before.

Revenue
Revenue
Margins, % of revenue
Gross Operating Net FCF
Margins, % of revenue
Gross Operating Net FCF

Net income and earnings per share

Loss periods are shown in red.

Net income
Net income
Diluted EPS
Diluted EPS

Returns on capital

After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.

Return on capital, equity and assets (annual)
Return on capital Return on equity Return on assets

Cash flow

Free cash flow was −$191M in fiscal 2025, −56.9% of revenue. Cash from operations minus capital spending.

Free cash flow
Free cash flow
Cash from operations vs capital spending
Cash from operations Capital spending
Cash from operations vs capital spending
Cash from operations Capital spending

Dividends, buybacks and share count

Redwire Corp returned — to shareholders in fiscal 2025. The diluted share count rose 80.7%.

Dividends and buybacks
Dividends Buybacks
Diluted shares outstanding (annual)

Balance sheet

Cash, debt and the ratios that show how comfortably Redwire Corp can carry it.

Cash vs debt (incl. leases)
Cash Debt
Fiscal year endFY21FY22FY23FY24FY25
Cash and short-term investments $20.5M$28.3M$30.3M$33.7M$94.5M
Debt incl. finance leases $77.6M$78.2M$89.8M$127M$87.1M
Debt / equity 0.7x———0.1x
Interest coverage −10.9x−17.8x−1.5x−3.1x−5.8x
Current ratio 1.1x1.0x1.0x0.8x1.6x
Quick ratio 1.1x1.0x1.0x0.8x1.3x
Total assets $262M$258M$271M$293M$1.4B
Total liabilities $155M$188M$218M$345M$312M
Shareholders' equity $107M−$6.7M−$43.5M−$189M$1.1B
Net debt (− = net cash) $57.0M$49.9M$59.5M$93.5M−$7.4M

Insider trades

Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. 'Plan' marks trades under a pre-arranged Rule 10b5-1 plan.

Bought, 12 months

$0.0M

0 insiders

Sold, 12 months

$0.0M

0 insiders

Of sales under plans

—

$0.0M

No open-market insider trades in the last 12 months.

Piotroski F-score

Nine pass/fail tests of profitability, funding and efficiency. 8–9 is strong, 0–2 weak.

TestFY21FY22FY23FY24FY25
Net income is positive ✕ ✕ ✕ ✕ ✕
Cash from operations is positive ✕ ✕ ✓ ✕ ✕
Return on assets rose — ✕ ✓ ✕ ✓
Cash from operations exceeds net income ✓ ✓ ✓ ✓ ✓
Debt fell relative to assets — ✕ ✕ ✕ ✓
Current ratio rose — ✕ ✕ ✕ ✓
Share count didn't rise — ✕ ✕ ✕ ✕
Gross margin rose — ✕ ✓ ✕ ✕
Revenue rose relative to assets — ✓ ✓ ✓ ✕
F-score — / 32 / 95 / 92 / 94 / 9
Accruals ratio −9.2%−38.1%−10.8%−34.4%−5.7%
Altman Z'' −1.92−6.43−3.47−5.951.54

5 years of figures

US$ millions unless stated. Hover a ratio's name for its definition.

Download CSV
Fiscal yearFY21FY22FY23FY24FY25
Income statement
Revenue $138M $161M $244M $304M $335M
Gross profit $29.4M $28.7M $58.0M $44.5M $17.3M
Research and development $4.5M $4.9M $5.0M $6.1M $19.8M
Operating income −$70.2M −$146M −$15.5M −$42.2M −$230M
Interest expense $6.5M $8.2M $10.7M $13.5M $39.8M
Pretax income −$72.8M −$139M −$27.8M −$116M −$252M
Income tax −$11.3M −$8.0M −$0.5M −$2.0M −$25.0M
Net income −$61.5M −$131M −$27.3M −$114M −$227M
Net income to common −$61.5M −$132M −$47.3M −$155M −$272M
Diluted EPS −$1.36 −$2.09 −$0.73 −$2.35 −$2.28
Diluted shares 0.05B 0.06B 0.06B 0.07B 0.12B
Cash flow
Cash from operations −$37.4M −$31.7M $1.2M −$17.3M −$177M
Capital expenditure $2.1M $3.6M $5.6M $6.4M $13.5M
Free cash flow −$39.5M −$35.3M −$4.4M −$23.7M −$191M
Depreciation and amortization $10.6M $11.3M $10.7M $11.7M $32.6M
Stock-based compensation $27.1M $10.8M $8.7M $11.3M $59.0M
Acquisitions $40.6M $33.2M $0.0M $0.9M $152M
Balance sheet
Cash and short-term investments $20.5M $28.3M $30.3M $33.7M $94.5M
Total debt $77.6M $77.3M $88.2M $126M $85.2M
Finance lease liabilities — $0.9M $1.6M $1.5M $1.9M
Current assets $55.2M $96.2M $109M $126M $253M
Current liabilities $51.2M $94.7M $112M $149M $156M
Inventory $0.7M $1.5M $1.5M $2.2M $55.8M
Property and equipment, net $19.4M $12.8M — — —
Goodwill $96.3M $64.6M $65.8M $71.2M $779M
Intangible assets $90.8M $66.9M $63.0M $61.8M $336M
Total assets $262M $258M $271M $293M $1.4B
Total liabilities $155M $188M $218M $345M $312M
Preferred stock $0.0M $0.0M $0.0M $0.0M $0.0M
Shareholders' equity $107M −$6.7M −$43.5M −$189M $1.1B
Margins
Gross margin 21.3% 17.9% 23.8% 14.6% 5.2%
Operating margin −51.0% −91.2% −6.4% −13.9% −68.5%
EBITDA margin −43.3% −84.2% −2.0% −10.0% −58.8%
Net margin −44.7% −81.4% −11.2% −37.6% −67.6%
FCF margin −28.7% −22.0% −1.8% −7.8% −56.9%
Returns
Return on capital −33.8% −273.5% −85.1% — −17.3%
Return on capital employed −33.3% −89.9% −9.8% −29.5% −17.8%
Return on equity −57.4% −259.9% — — −52.0%
Return on assets −23.5% −50.3% −10.3% −40.5% −26.0%
Growth
Revenue growth — 16.7% 51.9% 24.7% 10.3%
Share count change — 40.5% 2.1% 2.3% 80.7%
Financial health
Debt / equity 0.7x — — — 0.1x
Interest coverage −10.9x −17.8x −1.5x −3.1x −5.8x
Current ratio 1.1x 1.0x 1.0x 0.8x 1.6x
Quick ratio 1.1x 1.0x 1.0x 0.8x 1.3x
Capital allocation
Capex / revenue 1.5% 2.3% 2.3% 2.1% 4.0%
Stock comp / revenue 19.7% 6.7% 3.6% 3.7% 17.6%
Quality scores
Piotroski F-score — 2.0 5.0 2.0 4.0
Altman Z'' −1.9 −6.4 −3.5 −5.9 1.5
Accruals ratio −9.2% −38.1% −10.8% −34.4% −5.7%

Source: SEC EDGAR XBRL filings (CIK 0001819810). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only — not investment advice. Check the original filings before relying on any figure.

↑ ↓ to move · ↵ to open