Redwire Corporation (RDW) Stock

Redwire Corporation (RDW) is a Industrials stock trading at $8.43 (as of 2026-07-17), with a market capitalization of $1.68B. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Redwire Corporation develops, manufactures, and sells space infrastructure solutions and components, including antennas, advanced sensors and spacecraft components such as solar arrays and star trackers/sun sensors, serving national security, civil, and commercial customers. It also offers a proprietary enterprise software suite for digital engineering via cloud-based modeling and simulation, and provides space services such as on-orbit assembly, manufacturing, and servicing.

Understand Redwire Corporation: how it makes money

Redwire Corporation develops, manufactures, and sells mission critical space solutions and components, and it also sells a proprietary enterprise software suite for digital engineering to national security, civil, and commercial space markets.

The company shows positive gross margin (26.6%) but a deeply negative operating margin (-71.9%), so profitability depends primarily on converting sales activity into enough revenue while keeping operating costs under control, rather than on gross margin alone.

Revenue by segment (latest quarter)
Space$0.1B
Defense Tech$0.0B

Business quality (Weak): Good visibility into near term contracting signals (book-to-bill and pipeline metrics), but current profitability is severely negative, making execution and cost control central to the business outcome.

Bull case

  • Contracting momentum signal: The Book-to-Bill Ratio is 1.92 (and the Last Twelve Months Book-to-Bill Ratio is 1.25), which can indicate new orders are running ahead of revenue.
  • Large opportunity pipeline: Identified Opportunities (Pipeline) are $11.0B, with $3.7B estimated in the current year pipeline.

Bear case

  • Profitability is currently weak: Operating margin is -71.9%, even with gross margin of 26.6%, indicating operating expenses are far exceeding gross profit.
  • Pipeline may not convert into revenue quickly enough: There is substantial bid and proposal activity (Submitted Bids, Bids Submitted Awaiting Customer Decisions, and Proposals Submitted and Currently Under Review), but revenue outcomes still depend on selections and awards.
Valuation — source: SEC EDGAR (first-party)
Price$8.43
Market Cap$1.68B
Price / Book1.54
Price / Sales4.52
FCF Yield-9.3%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$335.38M
Net Margin-67.6%
Revenue Growth (YoY)57.9%
EPS Growth (YoY)344.4%
FCF Growth (YoY)-75.6%
Financial Health — source: SEC EDGAR
Altman Z-Score1.68 (distress)
Piotroski F-Score4/9 (moderate)
Valuation vs Sector & Industry
Sector P/E (Industrials)28.7
Industry P/E (Defense)89.5
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderAE INDUSTRIAL PARTNERS, LP ($285.72M)
Institutional Holders Tracked10
Company
SectorIndustrials
IndustryDefense
CEOPeter Anthony Cannito Jr.
Employees750
CountryUS
IPO Date2021-01-14

Related Companies (Business model: Defense & Aerospace Prime (Defense Primes + Commercial Aerospace OEMs); 8 closest by market cap)

  • Rocket Lab USA, Inc. (RKLB)
  • Kratos Defense & Security Solutions, Inc. (KTOS)
  • Joby Aviation, Inc. (JOBY)
  • MDA Space Ltd. (MDA)
  • Archer Aviation Inc. (ACHR)
  • Firefly Aerospace Inc. (FLY)
  • York Space Systems, Inc. (YSS)
  • Voyager Technologies, Inc. (VOYG)
RDW earnings history · RDW institutional & insider holders · RDW KPIs & operating metrics · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-07-17.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.