Redwire RDW Stock Surges 14% on Strong Q1 Results and Space Defense Contracts
JACKSONVILLE, Fla. — Redwire Corporation shares rose 13.94% to close at $17.49 on May 22, 2026, on the New York Stock Exchange as investors responded to the company's first-quarter financial performance and continued contract momentum in space infrastructure and national security programs.
The stock traded in a daily range between $15.12 and $17.60 with above-average volume. In after-hours trading, shares moved slightly higher to around $17.53.
Q1 2026 Financial Results
Redwire reported first-quarter 2026 revenue of $82.4 million, up 28% year-over-year. The growth was driven by increased activity in its space infrastructure and national security segments. Gross profit reached $22.1 million with a gross margin of 26.8%.
The company posted a net loss of $1.8 million, or $0.03 per share, narrowing from a larger loss in the prior-year period. Adjusted EBITDA improved to $8.7 million. Redwire ended the quarter with $412 million in total backlog, representing a book-to-bill ratio above 1.2.
Redwire secured multiple new contracts in recent months. The company was awarded a follow-on contract from the U.S. Space Force for the Cyber........
