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VOYG VOYG Starlab Space Stations — Adjusted EBITDA

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RDWSpace — Operating Income (Loss), Adjusted
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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$1.99B
Enterprise value$1.59B
P/S11.9×

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 VOYG in its filing.

Tagged under the XBRL concept voyg:EarningsBeforeInterestTaxDepreciationAndAmortization.

The official record: VOYG’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is VOYG's starlab space stations — adjusted EBITDA?
VOYG (VOYG) reported starlab space stations — adjusted EBITDA of -$5.42M in Q1 2026.
How has VOYG's starlab space stations — adjusted EBITDA changed year-over-year?
VOYG's starlab space stations — adjusted EBITDA decreased by 92.5% year-over-year, from -$2.81M to -$5.42M.
What is the long-term trend for VOYG's starlab space stations — adjusted EBITDA?
Over 2 years (2023 to 2025), VOYG's starlab space stations — adjusted EBITDA has grown at a 22.1% compound annual growth rate (CAGR), from $12.57M to -$18.73M.
What does starlab space stations — adjusted EBITDA mean?
Measures the operational profitability of the Starlab Space Stations segment by excluding interest, taxes, depreciation, amortization, and non-recurring items. It serves as a key indicator of the segment's core cash-generating capability before accounting for capital-intensive infrastructure investments.