Redwire (NYSE:RDW) Issues Earnings Results, Beats Expectations By $0.04 EPS

Key Points

• Redwire reported a quarterly loss of $0.06 per share, narrower than analysts’ expected loss of $0.10, but revenue of $109.03 million fell short of the $126.75 million consensus.
• Backlog hit a record $619.7 million, up nearly 75% year over year, while book-to-bill reached 1.73 and gross margins set a record—indicators of strong demand despite the revenue shortfall.
• Shares traded down to $7.71 during Wednesday’s session; a director-affiliated entity also sold 929,435 shares, cutting its position by 86.26%.

Redwire (NYSE:RDW - Get Free Report) posted its quarterly earnings data on Wednesday. The company reported ($0.06) earnings per share for the quarter, topping analysts' consensus estimates of ($0.10) by $0.04, FiscalAI reports. The company had revenue of $109.03 million for the quarter, compared to analyst estimates of $126.75 million. Redwire had a negative net margin of 57.26% and a negative return on equity of 11.02%.

Redwire Price Performance

NYSE:RDW traded down $0.41 during midday trading on Wednesday, hitting $7.71. The stock had a trading volume of 17,637,574 shares, compared to its average volume of 11,260,134. The company has a quick ratio of 3.48, a current ratio of 3.92 and a debt-to-equity ratio of 0.03. Redwire has a one year low of $4.87 and a one year high of $26.64. The stock has a 50-day moving average of $9.98 and a 200 day moving average of $11.05.

Insider Buying and Selling

In other news, Director Ae Red Holdings, Llc sold 929,435 shares of the company's stock in a transaction that occurred on Wednesday, September 23rd. The shares were sold at an average price of $11.34, for a total value of $10,539,792.90. Following the completion of the sale, the director owned 147,984 shares of the company's stock, valued at approximately $1,678,138.56. This represents a 86.26% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.79% of the company's stock.

Key Redwire News

Here are the key news stories impacting Redwire this week:

• Positive Sentiment: Backlog reached a record $619.7 million, up nearly 75% year over year, and book-to-bill rose to 1.73. Redwire also reported record gross margins, supporting the company’s case for durable demand across its space and defense portfolio. Redwire Q3 2026 financial results
• Positive Sentiment: The reported adjusted loss of $0.06 per share was narrower than the $0.10 loss analysts expected. Zacks also noted the loss per share improved from $0.21 a year earlier, though its figure may reflect a different earnings measure. Earnings Flash
• Neutral Sentiment: Some retail investors are looking toward 2027 and Redwire’s defense-technology and drone business as longer-term growth drivers. That outlook is a potential catalyst, but does not resolve near-term execution concerns. Why retail bulls are betting on 2027
• Negative Sentiment: Quarterly revenue was about $109 million, below analyst expectations of roughly $127 million. The sizable miss likely outweighed the adjusted EPS beat and record backlog, helping explain why the stock has been under pressure. Redwire reports Q3 loss, misses revenue estimates

Analyst Ratings Changes

A number of research analysts have recently commented on RDW shares. Wall Street Zen raised Redwire from a "sell" rating to a "hold" rating in a research note on Saturday, August 8th. Bank of America upped their price objective on Redwire from $7.00 to $8.00 and gave the company an "underperform" rating in a research report on Monday, August 31st. Cantor Fitzgerald lifted their target price on Redwire from $9.00 to $13.50 and gave the stock an "overweight" rating in a research report on Wednesday, August 5th. Weiss Ratings reissued a "sell (d-)" rating on shares of Redwire in a research note on Thursday, October 15th. Finally, Jefferies Financial Group set a $15.00 price target on shares of Redwire in a report on Sunday, August 9th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Redwire has an average rating of "Hold" and a consensus target price of $14.28.

Redwire Company Profile

Redwire Corporation NYSE: RDW is a space infrastructure and defense technology company that develops products and services for government and commercial customers. Its capabilities support spacecraft, space stations, national security missions, and other applications across the space economy.

The company's offerings include deployable solar arrays, spacecraft platforms, avionics, sensors, communications systems, digital engineering and mission-support services. Redwire also develops robotic systems, in-space manufacturing technologies, payloads, and other solutions designed to enable spacecraft operations and the production of materials in orbit.

Redwire was formed in 2020 through the combination of several space technology businesses backed by AE Industrial Partners and became a publicly traded company in 2021.

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