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Redwire RDW Defense Tech — Impairment expense

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Space
$34.42M

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Other financials

Income statement

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Revenue$117.1M+89.6%
Gross profit$32.5M+271%
Operating income-$22.1M+76.0%
Net income-$41.0M+57.8%
EPS (diluted)-$0.19+86.5%

Balance sheet

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Cash & equivalents$557.7M+610%
Total debt$87.1M-61.3%
Total equity$1.6B+79.6%
Total assets$1.9B+28.9%

Cash flow

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Operating cash flow-$24.9M+71.6%
CapEx$8.5M+188%
Free cash flow-$33.5M+63.1%

Valuation

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Market cap$2.83B+44.6%
Enterprise value$2.35B+12.1%
P/S6.6×-0.8×

Profitability

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Gross margin20.1%+17.6pp
Operating margin-50.5%-2.0pp
Net margin-57.3%-9.7pp
FCF margin-23%

Returns & leverage

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Return on equity-19.2%
Debt / equity0.1×-0.2×
Current ratio3.9×+2.5×

Where this comes from

Reported directly by Redwire in its filing.

Tagged under the XBRL concept us-gaap:AssetImpairmentCharges.

The source filing: Redwire’s 10-K, filed February 27, 2026.

Filed
Feb 27, 2026, 5:15 PM EST
Fiscal year
FY2025
Accession
0001819810-26-000029
Year Ended December 31, 2025SpaceDefense TechTotal
Cost of sales202,482115,614318,096
Selling, general and administrative19,09387,205106,298
Transaction expenses115115
Impairment expense34,42026534,685
Research and development2,97715,91818,895
Reportable segment income (loss) from operations$(49,155)$(93,553)$(142,708)
Less:
Other (income) expense, net(4,041)1,009(3,032)

Item 8. Financial Statements and Supplementary Data

FAQ

What is Redwire's defense tech — impairment expense?
Redwire (RDW) reported defense tech — impairment expense of $66.25K in Q4 2025.
What does defense tech — impairment expense mean?
Records the reduction in the carrying value of assets, such as goodwill or long-lived assets, when their fair value falls below their book value within the Defense Tech segment. This serves as an indicator of potential overvaluation of past investments or a decline in the segment's long-term business prospects.

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