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Other financials

Income statement

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Revenue$35.2M+2.1%
Gross profit-$1.5M-128%
Operating income-$44.6M-69.8%
Net income-$44.0M-63.3%
EPS (diluted)-$0.75+67.4%

Balance sheet

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Cash & equivalents$429.4M+145%
Total debt$24.1M
Total equity$357.2M+617%
Total assets$1.0B

Cash flow

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Operating cash flow-$39.7M-177%
CapEx$51.1M+89.5%
Free cash flow-$90.8M-120%

Valuation

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Market cap$2.32B+12.6%
Enterprise value$1.92B+19.5%
P/S13.9×+0.8×

Profitability

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Gross margin13.6%-9.5pp
Operating margin-75.9%+292pp
Net margin-72.9%+61.8pp
FCF margin-152.6%

Returns & leverage

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Return on equity-59.9%
Debt / equity0.1×
Current ratio4.6×

Where this comes from

Reported directly by Voyager Technologies in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The source filing: Voyager Technologies’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 1:13 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-030331
Line itemThree Months Ended / March 31, 2026Three Months Ended / March 31, 2025
Gross (loss) profit(1,546)5,585
Operating expenses:
Selling, general, and administrative31,35726,286
Research and development7,5114,040
Amortization of acquired intangibles4,2331,548
Loss from operations(44,647)(26,289)
Other income (expense):
Finance and interest expense, net(2,114)(2,729)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Voyager Technologies's R&D?
Voyager Technologies (VOYG) reported R&D of $7.51M in Q1 2026.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

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