Overview

* Redwire Q2 2025 revenue falls 20.9% yr/yr, missing analyst expectations, per LSEG data

* Net loss for Q2 2025 widens to $97 mln due to acquisition costs

* Adjusted EBITDA for Q2 2025 drops to negative $27.4 mln

Outlook

* Company withdraws 2025 Adjusted EBITDA forecast due to uncertaingovernment contract timing

* Redwire ( RDW ) sees long-term growth in space tech despite current challenges

Result Drivers

* ACQUISITION IMPACT - Completion of Edge Autonomy acquisition transformed Redwire ( RDW ) into an integrated space and defense tech company

* EAC ADJUSTMENTS - Net unfavorable EAC changes of $25.2 mln in Q2 2025 impacted revenue, gross profit, and net loss, primarily due to increased estimates for programmatic and technical assumptions and production delays

* DEFENSE CONTRACTS - Stalker uncrewed aerial system added to Department of Defense's Blue List of Approved Drones

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Miss $61.76 $88.80

Revenue mln mln (7

Analysts

)

Q2 Net -$96.98

Income mln

Q2 EBIT -$91.89

mln

Q2 -$129.58

Pretax mln

Profit

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the aerospace & defense peer group is "buy"

* Wall Street's median 12-month price target for Redwire Corp ( RDW ) is $23.00, about 36% above its August 5 closing price of $14.71

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)