Voyager Technologies, Inc./TX
VOYG NYSE· Guided Missiles & Space Vehicles & Parts
Last close · Oct 23, 2026
$25.09
KIRA · Stoqly’s AI analyst, in plain words
- Voyager Technologies, Inc./TX had $166M of revenue in fiscal 2025, up 15.4% on the year before.
- Its operating margin was −65.2%, down 31.6 pts: of every 100 in sales, about −65 is left after running the business.
- Voyager Technologies, Inc./TX lost $105M in fiscal 2025.
- Free cash flow was −$206M in fiscal 2025, −123.6% of revenue.
Market cap
$1.5B
P/E
—
Revenue
$166M
Net income
−$105M
Free cash flow
−$206M
Operating margin
−65.2%
Voyager Technologies, Inc./TX in 30 seconds · fiscal 2025
Are sales growing?
+15.4%
Yes. Sales grew 15.4% last year.
Does it make a profit?
−63.0%
No. It lost money last year.
Does profit turn into cash?
−123.6%
No. It spent more cash than it brought in.
How healthy are the accounts?
3 / 8
Weak. It passes 3 of 8 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What Voyager Technologies, Inc./TX does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 10, 2026
- Legal name
- Voyager Technologies, Inc./TX
- CIK
- 0001788060
Voyager Technologies, Inc./TX · VOYG
Results and finances
The last 3 fiscal years. Amounts in USD.
| Fiscal year | FY23 | FY24 | FY25 |
|---|---|---|---|
| Sales and profit | |||
| Revenue | $136M | $144M | $166M |
| Revenue growth | — | 6.0% | 15.4% |
| Gross margin | 20.4% | 24.2% | 18.0% |
| Operating margin | −10.4% | −33.6% | −65.2% |
| Net income | −$25.4M | −$62.1M | −$105M |
| Net margin | −18.7% | −43.1% | −63.0% |
| Diluted EPS | −$3.65 | −$7.01 | −$2.89 |
| Cash | |||
| Cash from operations | −$15.4M | −$25.5M | −$60.9M |
| Capital expenditure | $17.2M | $82.7M | $145M |
| Free cash flow | −$32.6M | −$108M | −$206M |
| FCF margin | −24.0% | −75.0% | −123.6% |
| Share count change | — | −0.1% | 215.5% |
| Debt and strength | |||
| Cash and short-term investments | $30.3M | $55.9M | $491M |
| Shareholders' equity | −$92.6M | −$69.7M | $384M |
| Current ratio | — | 1.2x | 4.4x |
| Interest coverage | −1.3x | −4.0x | −15.9x |
| Returns and quality | |||
| Return on equity | — | — | −66.8% |
| Return on tangible equity | — | — | −91.3% |
| Piotroski F-score | — | — | 3 |
| Altman Z'' | — | −5.0 | 1.6 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$8.6M
1 insider
Of sales under plans
100%
$8.6M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Voyager Technologies, Inc./TX · VOYG
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $25.09 a share, the company is worth $1.5B.
Source: SEC EDGAR XBRL filings (CIK 0001788060). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.