Redwire’s shares jumped 26.8% following Q2 results that demonstrated substantial revenue growth, record backlog, and robust gross margins, all underscoring strong operational execution and favorable demand trends.
- Reported record quarterly revenue of $117.1 million, up 20.7% sequentially and 89.6% year-over-year.
- Achieved a book-to-bill ratio of 1.42, driving a record contracted backlog of $542.1 million, supporting forward visibility.
- Gross margin reached a new high, contributing to improved profitability metrics.
- Strengthened liquidity position with a record $557.8 million in cash, enabling continued investment in growth initiatives.
- Expanded capacity with new facilities in Indiana (microgravity research) and Huntsville, Alabama (advanced manufacturing), backed by state incentives.
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