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MDA Space reports Q3 revenue up 22%, strong backlog supports growth through 2027 and raises 2026 guidance

Company Fundamentals
05 Nov 2026, 12:45 WIB
PRNewsWire
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Bullish
MDA Space reports Q3 revenue up 22%, strong backlog supports growth through 2027 and raises 2026 guidance

MDA Space Ltd. announced Q3 2026 revenues of $498 million, a 22% increase year-over-year, driven by growth in Satellite Systems and Geointelligence. Adjusted EBITDA rose 16% to $96 million with a margin of 19.3%, and adjusted net income increased 26% to $60 million. The company ended the quarter with a $3.9 billion backlog, providing revenue visibility through 2027 and beyond, and raised its 2026 revenue guidance to $1.90-$1.95 billion. MDA is expanding its market reach through acquisitions and new product launches, positioning itself as a global leader in space technology.

MDA Space's third quarter 2026 results provide context for readers interested in technology stocks. For readers following the Technology sector, here is Pluang's market snapshot as of Nov 05, 2026 16:51 WIB: out of 150 priced US tech stocks, 37 rose and 108 fell. Notable movers include ASX at USD 35.42 with a 1-day change of -5.57%, PAYC at USD 253.80 down 5.36%, and SONY at USD 27.31 up 5.24%.

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