RDW - Redwire Corporation
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$13.60
DETAILS
HIGH:
$22.00
LOW:
$9.00
MEDIAN:
$13.00
CONSENSUS:
$13.60
UPSIDE:
16.14%
| Metric | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||
| Revenue | 103.4 | 61.8 | 61.4 | 69.6 | 68.6 | 78.1 | 87.8 | 63.5 | 62.6 | 60.1 |
| Cost of Revenue | 86.6 | 80.8 | 52.4 | 64.9 | 56.6 | 65.1 | 73.0 | 52.8 | 45.5 | 44.2 |
| Gross Profit | 16.8 | (19.1) | 9.0 | 4.6 | 12.0 | 13.0 | 14.8 | 10.7 | 17.1 | 15.9 |
| Operating Expenses | ||||||||||
| R&D Expenses | 7.7 | 1.7 | 0.8 | 1.4 | 1.9 | 1.7 | 1.0 | 1.0 | 1.5 | 2.1 |
| SG&A Expenses | 50.3 | 0.0 | 0.0 | 18.5 | 0.0 | 18.1 | 0.0 | 16.6 | 0.0 | 0.0 |
| Other Expenses | 0.7 | 71.1 | 22.5 | 3.7 | 22.6 | 0.3 | 17.4 | 0.0 | 18.3 | 17.7 |
| Operating Expenses | 58.7 | 72.8 | 23.4 | 23.6 | 24.5 | 20.1 | 18.4 | 17.6 | 19.8 | 19.8 |
| Operating Income | ||||||||||
| Operating Income | (41.9) | (91.9) | (14.3) | (19.0) | (12.5) | (7.1) | (3.6) | (6.8) | (2.7) | (3.9) |
| Interest Expense | 6.3 | 23.8 | 3.6 | 3.9 | 3.6 | 3.0 | 2.9 | 2.8 | 2.6 | 2.7 |
| Interest Income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Profitability | ||||||||||
| EBITDA | (15.9) | (70.2) | (7.5) | (12.1) | (4.5) | (12.1) | (0.8) | (2.8) | 0.2 | (1.2) |
| EBIT | (28.0) | (75.2) | (10.5) | (15.3) | (7.4) | (15.1) | (3.6) | (5.6) | (2.7) | (3.9) |
| Income Before Tax | (34.3) | (129.6) | (3.1) | (68.8) | (21.4) | (18.1) | (8.0) | (8.3) | (6.6) | (5.5) |
| Income Tax Expense | 6.9 | (32.6) | (0.2) | (1.7) | (0.5) | 0.0 | 0.1 | (0.1) | (0.3) | (0.1) |
| Net Income | (41.2) | (97.0) | (2.9) | (67.2) | (21.0) | (18.1) | (8.1) | (8.3) | (6.3) | (5.5) |
| Per Share Data | ||||||||||
| EPS (Basic) | -0.29 | -1.41 | -0.09 | -1.38 | -0.37 | -0.28 | -0.12 | -0.13 | -0.10 | -0.08 |
| EPS (Diluted) | -0.29 | -1.41 | -0.09 | -1.38 | -0.37 | -0.28 | -0.12 | -0.13 | -0.10 | -0.08 |
| Shares Outstanding | 102.5 | 89.6 | 71.2 | 66.8 | 66.5 | 65.7 | 65.6 | 65.2 | 64.8 | 64.3 |
| Metric | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 54.3 | 78.6 | 54.2 | 49.1 | 43.1 | 30.8 | 32.6 | 30.3 | 10.9 | 11.2 |
| Short-Term Investments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Receivables | 82.9 | 87.9 | 76.0 | 65.6 | 69.4 | 65.6 | 59.2 | 70.0 | 65.1 | 69.5 |
| Inventory | 53.5 | 58.8 | 2.2 | 2.2 | 2.1 | 1.8 | 1.6 | 1.5 | 1.7 | 1.3 |
| Other Current Assets | 19.9 | 19.3 | 9.7 | 8.0 | 10.7 | 6.5 | 5.9 | 6.4 | 5.5 | 6.5 |
| Total Current Assets | 210.6 | 244.5 | 142.1 | 125.9 | 126.5 | 105.3 | 99.9 | 109.3 | 84.4 | 89.2 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 82.0 | 77.8 | 34.8 | 33.1 | 27.6 | 27.4 | 28.2 | 29.1 | 28.7 | 28.8 |
| Goodwill | 800.0 | 789.3 | 72.0 | 71.2 | 72.6 | 65.2 | 65.3 | 65.8 | 64.4 | 65.0 |
| Intangible Assets | 353.2 | 396.1 | 62.1 | 61.8 | 62.5 | 61.8 | 62.0 | 63.0 | 63.0 | 64.4 |
| Long-Term Investments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 3.6 | 3.6 | 3.2 | 3.5 |
| Other Non-Current Assets | 0.4 | 0.5 | 3.1 | 0.6 | 0.7 | 0.6 | 0.5 | 0.5 | 0.5 | 0.6 |
| Total Non-Current Assets | 1,235.6 | 1,263.7 | 172.0 | 166.7 | 163.4 | 155.0 | 159.6 | 162.0 | 159.8 | 162.2 |
| Total Assets | 1,446.2 | 1,508.2 | 314.1 | 292.6 | 289.9 | 260.3 | 259.5 | 271.3 | 244.2 | 251.4 |
| Current Liabilities | ||||||||||
| Account Payables | 34.3 | 38.9 | 28.2 | 32.1 | 19.9 | 27.8 | 28.1 | 18.6 | 14.2 | 16.9 |
| Short-Term Debt | 13.3 | 12.5 | 0.8 | 1.3 | 1.8 | 0.8 | 0.8 | 1.4 | 2.0 | 0.8 |
| Deferred Revenue | 60.0 | 65.3 | 59.7 | 67.2 | 56.7 | 44.1 | 37.2 | 52.6 | 27.1 | 33.9 |
| Other Current Liabilities | 42.0 | 12.3 | 5.0 | 19.7 | 20.8 | 2.1 | 2.6 | 2.4 | 2.3 | 3.3 |
| Total Current Liabilities | 149.6 | 167.4 | 118.5 | 149.3 | 131.0 | 107.3 | 103.4 | 112.0 | 87.2 | 93.2 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 289.6 | 185.5 | 104.4 | 124.5 | 121.6 | 94.6 | 89.7 | 86.8 | 79.9 | 75.0 |
| Deferred Tax Liabilities | 37.3 | 40.8 | 0.6 | 0.6 | 2.4 | 2.4 | 2.4 | 2.4 | 2.2 | 3.0 |
| Other Non-Current Liabilities | 10.9 | 25.6 | 8.6 | 55.7 | 11.8 | 13.8 | 4.8 | 3.7 | 4.1 | 3.7 |
| Total Non-Current Liabilities | 368.6 | 281.3 | 128.9 | 195.2 | 146.6 | 122.5 | 109.6 | 106.4 | 100.3 | 96.6 |
| Total Liabilities | 518.2 | 448.7 | 247.4 | 344.5 | 277.7 | 229.8 | 213.0 | 218.4 | 187.5 | 189.8 |
| Stockholders' Equity | ||||||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | (536.3) | (493.4) | (351.1) | (348.1) | (280.9) | (260.0) | (241.9) | (233.8) | (225.5) | (219.2) |
| Accumulated Other Comprehensive Income | 10.9 | 12.3 | 2.2 | 1.3 | 2.9 | 2.0 | 2.2 | 2.9 | 1.8 | 2.6 |
| Total Stockholders' Equity | 928.0 | 1,059.5 | 66.7 | (51.9) | 12.3 | 30.4 | 46.3 | 52.6 | 56.5 | 61.4 |
| Total Liabilities & Equity | 1,446.2 | 1,508.2 | 314.1 | 292.6 | 289.9 | 260.3 | 259.5 | 271.3 | 244.2 | 251.4 |
| Debt Metrics | ||||||||||
| Total Debt | 333.7 | 232.4 | 125.4 | 145.0 | 138.2 | 111.1 | 107.2 | 105.8 | 100.0 | 94.7 |
| Net Debt | 279.4 | 153.9 | 71.2 | 95.9 | 95.1 | 80.3 | 74.6 | 75.6 | 89.1 | 83.4 |
| Metric | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | (41.2) | (97.0) | (2.9) | (67.2) | (21.0) | (18.1) | (8.1) | (8.2) | (6.3) | (5.5) |
| Depreciation & Amortization | 12.1 | 5.1 | 3.0 | 3.2 | 2.9 | 2.9 | 2.8 | 2.8 | 2.9 | 2.6 |
| Stock-Based Compensation | 12.0 | 35.6 | 2.9 | 3.3 | 3.6 | 1.9 | 2.5 | 2.3 | 2.5 | 1.9 |
| Change in Working Capital | (11.2) | (10.2) | (33.9) | 23.1 | (0.5) | (4.4) | 3.8 | 19.5 | (3.0) | 4.7 |
| Other Non-Cash Items | 1.8 | 11.0 | (14.3) | 46.5 | (2.5) | 8.2 | 1.7 | (0.8) | 1.4 | (0.7) |
| Operating Cash Flow | (20.3) | (87.7) | (45.1) | 7.1 | (17.7) | (9.5) | 2.8 | 15.7 | (3.3) | 2.8 |
| Investing Activities | ||||||||||
| Capital Expenditure | (7.5) | (3.0) | (1.8) | (4.1) | (2.8) | (1.7) | (2.4) | (3.1) | (2.7) | (1.7) |
| Acquisitions | 0.0 | (151.8) | 0.0 | (0.1) | (0.8) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Purchases of Investments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Sales/Maturities of Investments | 0.0 | 0.0 | 0.0 | 0.0 | (4.6) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Other Investing Activities | (1.0) | 0.0 | (2.3) | (1.7) | 1.8 | 3.8 | (0.8) | (1.0) | (1.4) | (0.3) |
| Investing Cash Flow | (7.5) | (157.7) | (4.1) | (4.1) | (3.6) | 2.9 | (2.4) | (3.1) | (2.7) | (1.7) |
| Financing Activities | ||||||||||
| Net Debt Issuance | (0.6) | 84.9 | (28.6) | (6.0) | 34.8 | 4.7 | 2.1 | 6.1 | 5.9 | (1.2) |
| Stock Repurchased | 0.0 | (61.5) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Dividends Paid | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Other Financing Activities | (2.8) | (0.0) | (0.0) | 7.3 | (1.5) | (0.3) | (0.1) | (0.5) | (0.2) | 0.0 |
| Financing Cash Flow | 3.4 | 269.3 | 54.2 | 3.4 | 33.4 | 4.9 | 2.0 | 6.8 | 5.7 | (1.2) |
| Cash Position | ||||||||||
| Net Change in Cash | (24.2) | 24.3 | 5.2 | 6.0 | 12.3 | (1.7) | 2.3 | 19.4 | (0.4) | (0.0) |
| Cash at Beginning | 78.6 | 54.2 | 49.1 | 43.1 | 30.8 | 32.6 | 30.3 | 10.9 | 11.2 | 11.3 |
| Cash at End | 54.3 | 78.6 | 54.2 | 49.1 | 43.1 | 30.8 | 32.6 | 30.3 | 10.9 | 11.2 |
| Free Cash Flow | (27.8) | (90.6) | (46.9) | 3.0 | (20.5) | (11.2) | 0.4 | 12.6 | (5.9) | 1.1 |
| Key Metrics | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||
| Revenue | 103.4 | 61.8 | 61.4 | 69.6 | 68.6 | 78.1 | 87.8 | 63.5 | 62.6 | 60.1 |
| Gross Profit | 16.8 | (19.1) | 9.0 | 4.6 | 12.0 | 13.0 | 14.8 | 10.7 | 17.1 | 15.9 |
| Operating Income | (41.9) | (91.9) | (14.3) | (19.0) | (12.5) | (7.1) | (3.6) | (6.8) | (2.7) | (3.9) |
| Net Income | (41.2) | (97.0) | (2.9) | (67.2) | (21.0) | (18.1) | (8.1) | (8.3) | (6.3) | (5.5) |
| EPS (Diluted) | -0.29 | -1.41 | -0.09 | -1.38 | -0.37 | -0.28 | -0.12 | -0.13 | -0.10 | -0.08 |
| Balance Sheet | ||||||||||
| Cash & Equivalents | 54.3 | 78.6 | 54.2 | 49.1 | 43.1 | 30.8 | 32.6 | 30.3 | 10.9 | 11.2 |
| Total Assets | 1,446.2 | 1,508.2 | 314.1 | 292.6 | 289.9 | 260.3 | 259.5 | 271.3 | 244.2 | 251.4 |
| Total Debt | 333.7 | 232.4 | 125.4 | 145.0 | 138.2 | 111.1 | 107.2 | 105.8 | 100.0 | 94.7 |
| Stockholders' Equity | 928.0 | 1,059.5 | 66.7 | (51.9) | 12.3 | 30.4 | 46.3 | 52.6 | 56.5 | 61.4 |
| Cash Flow | ||||||||||
| Operating Cash Flow | (20.3) | (87.7) | (45.1) | 7.1 | (17.7) | (9.5) | 2.8 | 15.7 | (3.3) | 2.8 |
| Capital Expenditure | (7.5) | (3.0) | (1.8) | (4.1) | (2.8) | (1.7) | (2.4) | (3.1) | (2.7) | (1.7) |
| Free Cash Flow | (27.8) | (90.6) | (46.9) | 3.0 | (20.5) | (11.2) | 0.4 | 12.6 | (5.9) | 1.1 |