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Where the tokens are
Standardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q2 FY262026-06-30 | Q1 FY262026-03-31 | Q4 FY252025-12-31 | Q3 FY252025-09-30 | Q2 FY252025-06-30 | Q1 FY252025-03-31 | Q4 FY242024-12-31 | Q3 FY242024-09-30 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $117.07M | $96.97M | $108.79M | $103.43M | $61.76M | $61.40M | $69.56M | $68.64M |
| Cost of revenue | $84.53M | $71.16M | $98.30M | $86.62M | $80.82M | $52.35M | $64.94M | $56.62M |
| Gross profit | $32.54M | $25.81M | $10.50M | $16.81M | −$19.06M | $9.04M | $4.62M | $12.02M |
| Gross margin | 27.8% | 26.6% | 9.6% | 16.3% | -30.9% | 14.7% | 6.6% | 17.5% |
| Research and development | $12.55M | $12.58M | $9.54M | $7.69M | $1.72M | $813.00K | $1.45M | $1.89M |
| Selling, general and administrative | $42.08M | $82.89M | $47.79M | $50.29M | $54.46M | $18.75M | $18.43M | $17.52M |
| Operating expenses | $54.63M | $95.51M | $92.12M | $58.66M | $72.83M | $23.36M | $23.60M | $24.54M |
| Operating income | −$22.09M | −$69.70M | −$81.62M | −$41.85M | −$91.89M | −$14.32M | −$18.98M | −$12.51M |
| Operating margin | -18.9% | -71.9% | -75.0% | -40.5% | -148.8% | -23.3% | -27.3% | -18.2% |
| EBITDA | −$10.62M | −$58.41M | −$13.28M | −$29.73M | −$70.19M | −$7.47M | −$6.70M | −$9.65M |
| Interest income | $0 | $0 | −$6.07M | −$6.28M | $0 | $0 | −$3.95M | −$3.61M |
| Interest expense | −$796.00K | −$2.47M | $0 | — | −$23.76M | −$3.59M | $0 | — |
| Income before taxes | −$39.11M | −$75.86M | −$84.56M | −$34.29M | −$129.58M | −$3.13M | −$68.84M | −$21.43M |
| Income taxes | $1.86M | $641.00K | $910.00K | $6.86M | −$32.60M | −$182.00K | −$1.67M | −$472.00K |
| Net income | −$40.97M | −$76.50M | −$85.47M | −$41.15M | −$96.98M | −$2.95M | −$67.17M | −$20.96M |
| Net margin | -35.0% | -78.9% | -78.6% | -39.8% | -157.0% | -4.8% | -96.6% | -30.5% |
| EPS, basic | −$0.19 | −$0.40 | −$0.56 | −$0.29 | −$1.41 | −$0.09 | −$1.38 | −$0.37 |
| EPS, diluted | −$0.19 | −$0.40 | −$0.56 | −$0.29 | −$1.41 | −$0.09 | −$1.38 | −$0.37 |
| Diluted shares | 220.47M | 193.67M | 171.69M | 145.74M | 89.55M | 71.19M | 66.78M | 66.53M |
Figures describe Redwire shares, not any token. As of Aug 6, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.