Redwire Corporation reported a 5.4% increase in Q3 revenue to $109 million, driven by strong performance in its Space segment, despite declines in its Defence Tech division. The company achieved a record gross margin of 32.3% and maintains strong liquidity with $538.9 million in cash. However, ongoing cash burn and heavy R&D spending continue to pressure profitability, raising questions about sustainable earnings. The outlook depends on Redwire's ability to convert its growing backlog into revenue and reach positive adjusted EBITDA in Q4.
Redwire Corporation shares rose 12.07% to USD 8.08 on Pluang as of Nov 10, 2026 03:51 WIB. The stock trades with a market cap of $1.80B and a 52-week range between $5.06 and $25.90. Despite strong recent gains, 70% of Pluang orders are selling, reflecting mixed investor sentiment.
