Redwire Stock Slips as Uneven Revenue Timing Softens Q3 Results

Redwire Corp (NYSE:RDW) posted financial results for the third quarter after the market close on Wednesday. Here’s a look at the key details from the print.

• Redwire stock is among today’s top trending. Where are RDW shares going?

Redwire Q3 Key Metrics

Redwire reported third-quarter revenue of $109.04 million, missing analyst estimates of $125.48 million, according to Benzinga Pro. The company reported a third-quarter loss of six cents per share, beating estimates for a loss of 12 cents per share.

Total revenue was up 5.4% on a year-over-year basis. The company reported a record gross margin of 32.3% and a record backlog of $619.7 million. Redwire ended the quarter with total liquidity of $538.9 million.

“Although revenue timing continues to be uneven, with another quarter of record gross margins expanding from 16.3% to 32.3% year-over-year, the quality of our revenue is improving as we deliver mission-critical products and solutions across multiple domains,” said Peter Cannito, chairman, president and CEO of Redwire.

Redwire affirmed its full-year 2026 revenue outlook of $450 million to $500 million.

Redwire management will further discuss the company’s quarterly results on an earnings call at 9 a.m. ET Thursday morning.

RDW Stock Slides After the Close

Redwire shares were down 8.23% in after-hours on Wednesday, trading at $7.08 at the time of publication, according to Benzinga Pro.

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