Redwire Corp

For the period ended Dec 31, 2025. Filed Feb 27, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 27, 2026

RDW$8.13-0.2%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Consolidated Statements of Operations and Comprehensive Income (Loss)

(In thousands of U.S. dollars, except share and per share data)

	Year Ended
	December 31, 2025	December 31, 2024	December 31, 2023
Revenues	$335,381	$304,101	243,800
Cost of sales	318,096	259,646	185,831
Gross profit	17,285	44,455	57,969
Operating expenses:
Selling, general and administrative expenses	171,280	71,398	68,525
Transaction expenses	21,236	9,129	13
Impairment expense	34,685	—	—
Research and development	19,761	6,128	4,979
Operating income (loss)	(229,677)	(42,200)	(15,548)
Interest expense, net	39,704	13,483	10,699
Loss on extinguishment of debt	996	—	—
Other (income) expense, net	(18,811)	60,648	1,503
Income (loss) before income taxes	(251,566)	(116,331)	(27,750)
Income tax expense (benefit)	(25,014)	(2,020)	(486)
Net income (loss)	(226,552)	(114,311)	(27,264)
Net income (loss) attributable to noncontrolling interests	—	4	(1)
Net income (loss) attributable to Redwire Corporation	(226,552)	(114,315)	(27,263)
Less: dividends on Convertible Preferred Stock	45,777	41,052	20,021
Net income (loss) available to common shareholders	$(272,329)	$(155,367)	$(47,284)
Net income (loss) per common share:
Basic and diluted	$(2.28)	$(2.35)	$(0.73)
Weighted-average shares outstanding:
Basic and diluted	119,544,268	66,146,155	64,654,153
Comprehensive income (loss):
Net income (loss) attributable to Redwire Corporation	$(226,552)	$(114,315)	(27,263)
Foreign currency translation gain (loss), net of tax	8,963	(1,407)	830
Total other comprehensive income (loss), net of tax	8,963	(1,407)	830
Total comprehensive income (loss)	$(217,589)	$(115,722)	$(26,433)

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (DEFICIT)

(In thousands of U.S. dollars, except share data)

Common Stock · Treasury Stock · AdditionalPaid-inCapital · AccumulatedDeficit · Accumulated OtherComprehensiveIncome (Loss) · Total Shareholders’ Equity (Deficit) · Noncontrolling Interests · Total Equity (Deficit)
Shares · Amount · Shares · Amount
Balance as of December 31, 2022	64,280,631	$6	141,811	$(381)		$198,126			$(206,528)			$2,076			$(6,701)			$226			$(6,475)
Equity-based compensation expense	—	—	—	—		8,658			—			—			8,658			—			8,658
Common stock issued under the committed equity facility	497,392	—	—	—		1,280			—			—			1,280			—			1,280
Common stock issued for share-based awards	768,151	1	—	—		—			—			—			1			—			1
Shares repurchased for settlement of employee tax withholdings on share-based awards	—	—	211,659	(570)				—			—			(570)			—			(570)
Convertible preferred stock paid-in-kind dividend	—	—	—	—		(19,741)			—			—			(19,741)			—			(19,741)
Foreign currency translation, net of tax	—	—	—	—		—			—			827			827			3			830
Net income (loss)	—	—	—	—		—			(27,263)			—			(27,263)			(1)			(27,264)
Balance as of December 31, 2023	65,546,174	$7	353,470	$(951)		$188,323			$(233,791)			$2,903			$(43,509)			$228			$(43,281)
Equity-based compensation expense	—	—	—	—		11,326			—			—			11,326			—			11,326
Common stock issued for share-based awards	1,456,196	—	—	—		2,669			—			—			2,669			—			2,669
Shares repurchased for settlement of employee tax withholdings on share-based awards	—	—	375,269	(2,622)		—			—			—			(2,622)			—			(2,622)
Convertible preferred stock paid-in-kind dividend	—	—	—	—		(40,699)			—			—			(40,699)			—			(40,699)
Sale of joint ventures	—	—			—		—			(164)			(164)			(225)			(389)
Foreign currency translation, net of tax	—	—	—	—		—			—			(1,400)			(1,400)			(7)			(1,407)
Net income (loss)	—	—	—	—		—			(114,315)			—			(114,315)			4			(114,311)
Balance as of December 31, 2024	67,002,370	$7	728,739	$(3,573)		$161,619			$(348,106)			$1,339			$(188,714)			$—			$(188,714)
Equity-based compensation expense	—	—	—	—		58,990			—			—			58,990			—			58,990
Common stock issued in offering	16,125,100	1	—	—		254,157			—			—			254,158			—			254,158
Common stock issued in connection with Edge Acquisition	49,764,847	5	—	—		862,556			—			—			862,561			—			862,561
Common stock issued for share-based awards	2,474,793	—	—	—		1,400			—			—			1,400			—			1,400
Common stock issued for warrants exercised	9,499,138	1	—	—		117,779			—			—			117,780			—			117,780
Common stock issued under the ATM facility	25,520,441	3	—	—		179,287			—			—			179,290			—			179,290
Shares repurchased for settlement of employee tax withholdings on share-based awards	—	—	307,555	(3,769)		—			—			—			(3,769)			—			(3,769)
Convertible preferred stock paid-in-kind dividend	—	—	—	—		(47,146)			—			—			(47,146)			—			(47,146)
Convertible preferred stock converted to common stock	21,529,115	2	—	—		90,157			—			—			90,159			—			90,159
Convertible preferred stock repurchased	—	—	—	—		—			(47,104)			—			(47,104)			—			(47,104)
Foreign currency translation, net of tax	—	—	—	—		—			—			8,963			8,963			—			8,963
Net loss	—	—	—	—		—			(226,552)			—			(226,552)			—			(226,552)
Balance as of December 31, 2025	191,915,804	$19	1,036,294	$(7,342)		$1,678,799			$(621,762)			$10,302			$1,060,016			$—			$1,060,016

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.