Redwire Q2 bookings total $165.8 million, book-to-bill ratio hits 1.42x
RDW•Q2 bookings, backlog and revenue mix
- Redwire outlined Q2 2026 momentum with revenue of $117.1 million, supported by $165.8 million in bookings and a 1.42x book-to-bill ratio.
- Contracted backlog rose to $542.1 million, up 8.8% sequentially, with $647 million of last-12-month bookings and a 1.52x book-to-bill ratio.
- Q2 revenue skewed to Space Defense Tech at $61.9 million, or 52.9%, versus $55.2 million for the rest of the business.
- Customer mix showed national security at $53.1 million, or 45.4%, civil at $45.9 million, or 39.2%, and commercial at $18.1 million, or 15.4%.
- Revenue recognition split 48% over time and 52% point in time; gross margin improved to from in Q1 2026.
