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Redwire Corporation (RDW) Financials

RDW
Trailing 12 months to June 30, 2026
Revenue $426.3M +63.1% YoY
Net Income -$244.1M -29.8% YoY
EPS (Diluted) -$2.28 FY2025 annual
Free Cash Flow -$98.2M +35.4% YoY
Market Cap $2.4B as of Oct 9, 2026
Price / Sales 5.6x on $426.3M revenue, trailing 12 months to June 30, 2026
Price / Earnings n/m net loss, so no earnings multiple, trailing 12 months to June 30, 2026
Price / Book 1.5x on $1.6B equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 9, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 6, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the RDW SEC filings page.

Redwire Corporation (RDW) reported $426.3M in revenue over the twelve months to Jun 30, 2026, up 63.1% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI RDW FY2025

Redwire’s 2025 balance sheet expanded through a major capital reset, while core economics deteriorated as margins and cash conversion weakened.

Revenue reached $335M in FY2025, but gross margin fell from 14.6% to 5.2%, showing that added sales came with substantially poorer economics. Operating cash flow moved from positive in FY2023 to -$177M in FY2025, so reported expansion did not translate into internally funded operations.

Total assets jumped to $1.4B in FY2025 from $293M a year earlier, a scale change dominated by goodwill rather than operating cash generation. Equity simultaneously moved from negative to $1.1B while liabilities fell to $312M, indicating a capital or transaction reset rather than earned profitability.

Financing supplied $397M in FY2025 while operating cash flow was -$177M, meaning external capital funded much of the cash requirement. The reported liquidity comparison equaled 6.4 months of the latest annual operating outflow, while free cash flow reached -$191M.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity CashFlow Returns 43 / 100
Financial Health Score 43/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Redwire Corporation's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability
19

Redwire Corporation has an operating margin of -68.5%, meaning the company loses $68 on every $100 of revenue. This results in a profitability score of 19/100. This is down from -13.9% the prior year.

Growth
79

Redwire Corporation's revenue grew 10.3% year-over-year to $335.4M, a solid pace of expansion. This earns a growth score of 79/100.

Leverage
82

Redwire Corporation carries a low D/E ratio of 0.08, meaning only $0.08 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 82/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
47

Redwire Corporation's current ratio of 1.62 indicates adequate short-term liquidity, earning a score of 47/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow
7

Redwire Corporation's operations used $177.3M of cash, and capex of $13.5M added to the outflow, for a free cash flow shortfall of $190.8M. This results in a cash flow score of 7/100.

Returns
21

Redwire Corporation posts a -21.4% return on equity (ROE), meaning it loses $21 for every $100 of shareholders' equity. This results in a returns score of 21/100.

Altman Z-Score Safe
3.79

Redwire Corporation scores 3.79, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($2.4B) relative to total liabilities ($312.1M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Neutral
4/9

Redwire Corporation passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality No Cash Backing
N/A

Redwire Corporation reported a net loss of $226.6M while operations used $177.3M of cash. With neither figure positive, the ratio between the two carries no quality signal.

Interest Coverage At Risk
N/A

Redwire Corporation reported an operating loss of $229.7M against $39.8M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue
$117.1M
YoY+89.6%
QoQ+20.7%
5Y CAGR+29.5%

Redwire Corporation generated $117.1M in revenue in Q2 2026. This represents an increase of 89.6% from the same quarter a year earlier. Against the prior quarter it is up 20.7%.

EBITDA
-$10.6M
YoY+87.8%
QoQ+81.8%

Redwire Corporation's EBITDA was -$10.6M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 87.8% from the same quarter a year earlier. Against the prior quarter it is up 81.8%.

Net Income
-$41.0M
YoY+57.8%
QoQ+46.4%

Redwire Corporation reported -$41.0M in net income in Q2 2026. This represents an increase of 57.8% from the same quarter a year earlier. Against the prior quarter it is up 46.4%.

EPS (Diluted)
-$0.19
QoQ+52.5%

Redwire Corporation earned -$0.19 per diluted share (EPS) in Q2 2026. Against the prior quarter it is up 52.5%.

Cash & Balance Sheet

Free Cash Flow
-$33.5M
YoY+63.1%
QoQ-193.0%

Redwire Corporation recorded an outflow of $33.5M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents an increase of 63.1% from the same quarter a year earlier. Against the prior quarter it is down 193.0%.

Cash & Debt
$557.0M
YoY+628.0%
QoQ+285.4%
5Y CAGR+298.1%

Redwire Corporation held $557.0M in cash against $43.6M in long-term debt as of Q2 2026.

Shares Outstanding
250M
QoQ+25.7%

Redwire Corporation had 250M shares outstanding in Q2 2026. Against the prior quarter it is up 25.7%.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Gross Margin
27.8%
YoY+58.7pp
QoQ+1.2pp
5Y change+1.0pp

Redwire Corporation's gross margin was 27.8% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 58.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.2 percentage points.

Operating Margin
-18.9%
QoQ+53.0pp
5Y change+29.7pp

Redwire Corporation's operating margin was -18.9% in Q2 2026, reflecting core business profitability. Against the prior quarter it is up 53.0 percentage points. No change is given against Q2 2025: its reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.

Net Margin
-35.0%
QoQ+43.9pp
5Y change+14.5pp

Redwire Corporation's net profit margin was -35.0% in Q2 2026, showing the share of revenue converted to profit. Against the prior quarter it is up 43.9 percentage points. No change is given against Q2 2025: its reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.

Return on Equity
-2.5%
YoY+8.2pp
QoQ+4.5pp

Redwire Corporation's ROE was -2.5% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 8.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 4.5 percentage points.

Capital Allocation

R&D Spending
$12.5M
YoY+629.5%
QoQ-0.3%
5Y CAGR+67.3%

Redwire Corporation invested $12.5M in research and development in Q2 2026. This represents an increase of 629.5% from the same quarter a year earlier. Against the prior quarter it is down 0.3%.

Capital Expenditures
$8.5M
YoY+188.0%
QoQ+79.4%
5Y CAGR+62.7%

Redwire Corporation invested $8.5M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 188.0% from the same quarter a year earlier. Against the prior quarter it is up 79.4%.

Share Buybacks

Not reported for Q2 2026.

RDW Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

RDW quarterly income statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Revenue$117.1M+89.6%$97.0M+57.9%$108.8M+56.4%$103.4M+50.7%$61.8M-20.9%$61.4M-30.1%$69.6M+9.6%$68.6M+9.6%
Cost of Revenue$84.5M+4.6%$71.2M+35.9%$98.3M+51.4%$86.6M+53.0%$80.8M+24.1%$52.4M-28.2%$64.9M+23.1%$56.6M+24.4%
Gross Profit$32.5M+270.7%$25.8M+185.5%$10.5M+127.1%$16.8M+39.8%-$19.1M-246.8%$9.0M-39.0%$4.6M-56.9%$12.0M-29.8%
R&D Expenses$12.5M+629.5%$12.6M+1447.6%$9.5M+558.9%$7.7M+306.4%$1.7M-1.6%$813K-21.8%$1.4M+46.3%$1.9M+23.6%
SG&A Expenses$42.1M-22.7%$82.9M+342.2%$47.8M+159.3%$50.3M+187.0%$54.5M+201.1%$18.7M+8.0%$18.4M+11.7%$17.5M-4.3%
Operating Income-$22.1M+76.0%-$69.7M-386.8%-$81.6M-330.0%-$41.9M-234.5%-$91.9M-1188.8%-$14.3M-300.3%-$19.0M-180.9%-$12.5M-360.5%
EBITDA-$10.6M+87.8%-$58.5M-418.6%-$69.2M-337.3%-$29.7M-208.0%-$86.8M-1964.9%-$11.3M-1267.8%-$15.8M-295.3%-$9.7M-5777.6%
Interest Expense$796K-96.6%$2.5M-31.4%$6.1M+55.4%$6.3M+74.0%$23.8M+689.5%$3.6M+23.2%$3.9M+42.7%$3.6M+37.3%
Income Tax$1.9M+105.7%$641K+452.2%$910K+154.4%$6.9M+1553.8%-$32.6M-217460.0%-$182K-267.0%-$1.7M-1329.1%-$472K-86.6%
Net Income-$41.0M+57.8%-$76.5M-2495.0%-$85.5M-27.3%-$41.2M-96.3%-$97.0M-436.0%-$2.9M+63.6%-$67.2M-710.4%-$21.0M-235.2%
EPS (Basic)-$0.19+86.5%-$0.40-344.4%-$0.56+59.7%-$0.29+21.6%-$1.41-235.7%-$0.09+47.1%-$1.39-456.0%-$0.37-164.3%
EPS (Diluted)-$0.19-$0.40-$0.56-$0.29-$1.41-$0.09+47.1%-$1.39-456.0%-$0.37-164.3%
Diluted Shares (Avg)220M194MN/A146M90M71M+8.6%N/A67M+2.7%

RDW Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

RDW quarterly balance sheet
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Total Assets$1.9B+28.9%$1.5B+381.1%$1.4B+395.2%$1.4B+398.8%$1.5B+479.5%$314.1M+21.0%$292.6M+7.9%$289.9M+18.7%
Current Assets$761.2M+211.3%$320.7M+125.6%$252.8M+100.8%$210.6M+66.5%$244.5M+132.2%$142.1M+42.3%$125.9M+15.2%$126.5M+49.9%
Cash & Equivalents$557.0M+628.0%$144.5M+166.5%$94.5M+180.2%$52.3M+88.1%$76.5M+148.1%$54.2M+66.5%$33.7M+11.3%$27.8M+156.0%
Short-Term Investments$0$0$0$0$0$0$0$0
Inventory$85.4M+45.1%$69.3M+3063.8%$55.8M+2394.3%$53.5M+2503.0%$58.8M+3123.8%$2.2M+36.0%$2.2M+47.7%$2.1M+21.8%
Accounts Receivable$27.5M-25.3%$24.3M+59.7%$37.3M+70.1%$32.0M+41.2%$36.8M+66.7%$15.2M-19.7%$21.9M-32.4%$22.7M-8.1%
Long-Term Investments$0$0$0$0$0$0$0$0
Goodwill$772.2M-2.2%$776.0M+977.8%$779.1M+994.9%$800.0M+1002.4%$789.3M+1110.2%$72.0M+10.2%$71.2M+8.2%$72.6M+12.7%
Total Liabilities$313.5M-30.1%$346.6M-9.3%$312.1M-35.2%$413.3M+7.0%$448.7M+32.5%$382.2M+23.5%$481.3M+52.9%$386.4M+41.5%
Current Liabilities$194.2M+16.0%$183.1M+54.5%$155.6M+4.2%$149.6M+14.2%$167.4M+56.0%$118.5M+14.6%$149.3M+33.3%$131.0M+50.2%
Non-Current Liabilities$119.2M-57.6%$163.5M-38.0%$156.5M-52.9%$263.8M+3.3%$281.3M+21.6%$263.6M+28.0%$332.0M+63.7%$255.3M+37.4%
Long-Term Debt$43.6M-76.5%$83.4M-20.1%$80.0M-35.7%$184.7M+51.9%$185.5M+96.0%$104.4M+16.3%$124.5M+43.3%$121.6M+52.0%
Total Equity$1.6B+79.6%$1.1B+1697.8%$1.1B+661.7%$928.0M+1062.5%$907.6M+1259.6%-$68.1M-36.7%-$188.7M-333.7%-$96.4M-234.2%
Retained Earnings-$739.2M-49.8%-$698.3M-98.9%-$621.8M-78.6%-$536.3M-90.9%-$493.4M-89.8%-$351.1M-45.1%-$348.1M-48.9%-$280.9M-24.6%

RDW Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

RDW quarterly cash flow statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Operating Cash Flow-$24.9M+71.6%-$6.7M+85.2%-$24.3M-443.5%-$20.3M-15.0%-$87.7M-822.2%-$45.1M-1731.0%$7.1M-55.0%-$17.7M-442.7%
Depreciation & Amortization$11.5M+126.5%$11.3M+269.3%$12.4M+293.5%$12.1M+323.8%$5.1M+73.0%$3.0M+10.6%$3.2M+14.6%$2.9M-0.9%
Stock-Based Compensation$3.9M-88.1%$46.7M+1504.9%N/A$12.0M+233.8%$32.7M+1604.2%$2.9M+14.9%N/A$3.6M+46.6%
Capital Expenditures$8.5M+188.0%$4.8M+165.6%$2.2M-6.2%$6.5M+311.3%$3.0M+224.1%$1.8M+14.7%$2.3M+11.4%$1.6M+22.1%
Free Cash Flow-$33.5M+63.1%-$11.4M+75.6%-$26.5M-659.4%-$26.9M-39.5%-$90.6M-769.7%-$46.9M-3996.2%$4.7M-65.2%-$19.3M-322.6%
Investing Cash Flow-$10.4M+93.4%-$6.0M-48.9%-$5.9M-41.1%-$7.5M-108.4%-$157.7M-5516.5%-$4.1M-71.3%-$4.1M-33.3%-$3.6M-34.8%
Financing Cash Flow$448.4M+66.5%$63.1M+16.4%$70.6M+1954.0%$3.4M-89.7%$269.3M+5399.3%$54.2M+2566.8%$3.4M-49.2%$33.4M+482.0%

Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.

RDW Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

RDW quarterly financial ratios
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Gross Margin27.8%+58.7pp26.6%+11.9pp9.7%+3.0pp16.3%-1.3pp-30.9%-47.5pp14.7%-2.2pp6.7%-10.3pp17.5%-9.8pp
Operating Margin-18.9%-71.9%-48.6pp-75.0%-47.7pp-40.5%-22.2pp-148.8%-23.3%-19.3pp-27.3%-16.6pp-18.2%-13.9pp
Net Margin-35.0%-78.9%-74.1pp-78.6%+18.0pp-39.8%-9.2pp-157.0%-4.8%+4.4pp-96.6%-83.5pp-30.5%-20.6pp
Return on Equity-2.5%+8.2pp-7.0%-8.1%-4.4%-10.7%N/AN/AN/A
Return on Assets-2.1%+4.3pp-5.1%-4.1pp-5.9%+17.1pp-2.9%+4.4pp-6.4%+0.5pp-0.9%+2.2pp-22.9%-19.9pp-7.2%-4.7pp
Current Ratio3.92+2.5x1.75+0.6x1.62+0.8x1.41+0.4x1.46+0.5x1.20+0.2x0.84-0.1x0.970.0x
Debt-to-Equity0.03-0.2x0.080.080.200.20N/AN/AN/A
Asset Turnover0.060.0x0.06-0.1x0.08-0.2x0.07-0.2x0.04-0.3x0.20-0.1x0.240.0x0.240.0x
FCF Margin-28.6%-11.8%+64.6pp-24.3%-31.1pp-26.0%+2.1pp-146.7%-76.3%-77.7pp6.8%-14.6pp-28.1%-20.8pp

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company Fiscal year Revenue Net income Net margin Market cap Health score
Redwire Corporation RDW FY2025 $335.4M -$226.6M -67.5% $2.4B 43/100
Ducommun Incorporated DCO FY2025 $824.8M -$37.4M -4.5% $2.5B 47/100
EHang Holdings Limited EH FY2025 $59.8M -$39.5M -66.0% $309.4M 50/100
Cadre Holdings, Inc. CDRE FY2025 $610.3M $44.1M 7.2% $1.1B 65/100
Astronics Corp ATRO FY2025 $862.1M $29.4M 3.4% $2.8B 48/100
Eve Holding, Inc. EVEX FY2025 N/A -$224.3M N/A $582.0M —

Frequently Asked Questions

What is Redwire Corporation's annual revenue?

Redwire Corporation (RDW) reported $335.4M in total revenue for fiscal year 2025. This represents a 10.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Redwire Corporation's revenue growing?

Redwire Corporation (RDW) revenue grew by 10.3% year-over-year, from $304.1M to $335.4M in fiscal year 2025.

Is Redwire Corporation profitable?

No, Redwire Corporation (RDW) reported a net income of -$226.6M in fiscal year 2025, with a net profit margin of -67.5%.

Redwire Corporation (RDW) reported diluted earnings per share of -$2.28 for fiscal year 2025. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Redwire Corporation (RDW) had EBITDA of -$197.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2025, Redwire Corporation (RDW) had $94.5M in cash and equivalents against $80.0M in long-term debt.

Redwire Corporation (RDW) had a gross margin of 5.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Redwire Corporation (RDW) had an operating margin of -68.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Redwire Corporation (RDW) had a net profit margin of -67.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Redwire Corporation (RDW) has a return on equity of -21.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Redwire Corporation (RDW) recorded an outflow of $190.8M in free cash flow during fiscal year 2025. This represents a -703.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Redwire Corporation (RDW) recorded an outflow of $177.3M in operating cash flow during fiscal year 2025, representing cash used by core business activities.

Redwire Corporation (RDW) had $1.4B in total assets as of fiscal year 2025, including both current and long-term assets.

Redwire Corporation (RDW) invested $13.5M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Redwire Corporation (RDW) invested $19.8M in research and development during fiscal year 2025.

Redwire Corporation (RDW) had 192M shares outstanding as of fiscal year 2025.

Redwire Corporation (RDW) had a current ratio of 1.62 as of fiscal year 2025, which is generally considered healthy.

Redwire Corporation (RDW) had a debt-to-equity ratio of 0.08 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Redwire Corporation (RDW) had a return on assets of -15.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Redwire Corporation (RDW) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $2.4B as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Redwire Corporation (RDW) trades at 5.6x sales, its market capitalization divided by revenue of $426.3M revenue, trailing 12 months to June 30, 2026. The market capitalization is $2.4B as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

At the end of fiscal year 2025, Redwire Corporation (RDW) held $94.5M in cash, cash equivalents and investments, and reported an operating cash outflow of $177.3M over that year. Dividing the one by the other, the reported balance equals about 6 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.

Redwire Corporation (RDW) has an Altman Z-Score of 3.79, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Redwire Corporation (RDW) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Redwire Corporation (RDW) reported a net loss of $226.6M while operations used $177.3M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Redwire Corporation (RDW) reported an operating loss of $229.7M against $39.8M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

Redwire Corporation (RDW) scores 43 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.

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