Redwire Corporation Reports Third Quarter 2026 Financial Results, Expands Backlog, Achieves Record Gross Margins

Peter Cannito, Chairman, Chief Executive Officer, and President of Redwire

“Redwire continued to see durable demand across our space and defense tech portfolio during the third quarter as evidenced by our record Backlog(1) of $619.7 million, a nearly 75% increase year-over-year, and Book-to-Bill(1) increasing to 1.73”

Peter Cannito, Chairman, Chief Executive Officer, and President of Redwire

“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.”

Chris Edmunds, Chief Financial Officer of Redwire

“During the third quarter of 2026, Redwire achieved record gross margins of 32.3%, driven by year-over-year and sequential improvement from both our Space and Defense Tech segments.”

Chris Edmunds, Chief Financial Officer of Redwire

“With a focus on delivering proven capabilities to our customers at scale, we continued to invest in innovation and manufacturing capacity.”

Chris Edmunds, Chief Financial Officer of Redwire

“With $323.1 million of recorded revenue during the first nine months of 2026 supported by a record $619.7 million in Backlog(1) and $46.8 million of work in process and finished goods inventory, we again reaffirm our 2026 revenue forecast.”