Redwire's Q2 revenue jumps 90% YoY with record backlog, boosting its space infrastructure growth outlook.

Redwire Corporation reported a 90% year-over-year increase in Q2 revenue to $117.1 million, alongside gross margins of 27.8% and a record backlog of $542 million. The company's strong backlog and a book-to-bill ratio of 1.42 reflect growing demand driven by U.S. policy aiming for over 1,000 annual space launches by 2030. This positions Redwire as a scaled, backlog-driven space infrastructure platform with improving margins and operating leverage. Despite a premium valuation, continued backlog conversion and margin expansion could support further stock upside if execution remains strong.