Inferra AI / Company / MDA
MDA Space
MDA · Industrials
Last earnings Aug 7, 2026
Key results
Revenuequarter
$499 million
Revenues of $499 million, up 34% YoY &bull
SEC original ↗MDA Space — Earnings release (6-K exhibit)EX-99Aug 7, 2026
Growthquarter
up 34%
Revenues of $499 million, up 34% YoY &bull
SEC original ↗MDA Space — Earnings release (6-K exhibit)EX-99Aug 7, 2026
" Mike Greenley, CEO of MDA Space Q2 2026 HIGHLIGHTS • Backlog of $4.0 billion at quarter-end provides revenue visibility for 2026 and beyond and compares to $4.6 billion as of Q2 2025.
SEC original ↗MDA Space — Earnings release (6-K exhibit)EX-99Aug 7, 2026
This is an increase of $310 million compared to Q1 2026 driven by strong bookings in the quarter that exceeded conversion of backlog into revenue.
SEC original ↗MDA Space — Earnings release (6-K exhibit)EX-99Aug 7, 2026
• Revenues of $498.6 million in Q2 2026 were up 33.6% year-over-year driven by higher volumes across all business areas in the quarter.
SEC original ↗MDA Space — Earnings release (6-K exhibit)EX-99Aug 7, 2026
Net incomequarter
$27.9 million
• Net income of $27.9 million in Q2 2026 was up 2.6% year-over-year.
SEC original ↗MDA Space — Earnings release (6-K exhibit)EX-99Aug 7, 2026
EPSquarter
$0.20
Diluted earnings per share was $0.20 in Q2 2026, a decrease of 9.5% year-over-year driven primarily by the increase in the average number of common shares outstanding following the Company’s initial public offering on the New York Stock Exchange in March 2026.
SEC original ↗MDA Space — Earnings release (6-K exhibit)EX-99Aug 7, 2026
Adjusted net incomequarter
$51.8 million
1 As defined in the “Non-IFRS Financial Measures” section • Adjusted net income in Q2 2026 was $51.8 million increasing 12.9% year-over-year driven by the higher gross profit, partially offset by investments in SG&A and R&D.
SEC original ↗MDA Space — Earnings release (6-K exhibit)EX-99Aug 7, 2026
Adjusted EPSquarter
$0.36
Adjusted diluted earnings per share of $0.36 in Q2 2026 decreased 1.5% year-over-year as the higher adjusted net income was offset by higher average shares outstanding largely due to the abovementioned IPO in the US.
SEC original ↗MDA Space — Earnings release (6-K exhibit)EX-99Aug 7, 2026
AI analysis
Q2 2026 · reported Aug 7, 2026
Based on: Earnings release (6-K exhibit) + parent 6-K — transcript not held
Headline figures
| Metric | Q2 2026 | Prior qtr | Year ago |
|---|---|---|---|
| Revenue | $499 million | — | — |
| Growth | up 34% | — | — |
| Net income | $27.9 million | — | — |
| EPS | $0.20 | — | — |
| Adjusted net income | $51.8 million | — | — |
| Adjusted EPS | $0.36 | — | — |
Guidance · company-stated
“to $1.8”
“to $330”
“are reaffirmed at $225”
“$ 498.6 $ 373.3 $ 962.7 $ 724.3”
“25.3 % 25.4 % 25.0 %”
“$ 0.36 $ 0.36”
Guidance stated in the release's OUTLOOK table; no direction stated — figures as stated in the table.
Capital allocation
The year-over- year decrease was driven by reduced operating cash flow as a result of the aforementioned lower working capital contributions as well as higher capital expenditures.
• Net cash position of $152.8 million at the end of Q2 2026 compares to a net debt position of $120.0 million as of December 31, 2025.
Event summary
MDA Space — Earnings release (2026-08-07)
Based on: Earnings release (6-K exhibit) + parent 6-K — transcript not held
Guidance & outlook
Revenue: “Revenue to $1.8”
Adjusted EBITDA: “Adjusted EBITDA to $330”
Capital expenditures: “Capital expenditures are reaffirmed at $225”
Revenues: “Revenues $ 498.6 $ 373.3 $ 962.7 $ 724.3”
Gross margin: “Gross margin 25.3 % 25.4 % 25.0 %”
Adjusted Diluted EPS: “Adjusted Diluted EPS $ 0.36 $ 0.36”
Revenue (“OUTLOOK”)
“Revenue to $1.8”
Adjusted EBITDA (“OUTLOOK”)
“Adjusted EBITDA to $330”
Capital expenditures (“OUTLOOK”)
“Capital expenditures are reaffirmed at $225”
Revenues (“OUTLOOK”)
“Revenues $ 498.6 $ 373.3 $ 962.7 $ 724.3”
Gross margin (“OUTLOOK”)
“Gross margin 25.3 % 25.4 % 25.0 %”
Adjusted Diluted EPS (“OUTLOOK”)
“Adjusted Diluted EPS $ 0.36 $ 0.36”
Guidance stated in the release's OUTLOOK table; no direction stated — figures as stated in the table.
Capital allocation
The year-over- year decrease was driven by reduced operating cash flow as a result of the aforementioned lower working capital contributions as well as higher capital expenditures.
SEC original ↗MDA Space — Earnings release (6-K exhibit)EX-99Aug 7, 2026
• Net cash position of $152.8 million at the end of Q2 2026 compares to a net debt position of $120.0 million as of December 31, 2025.
SEC original ↗MDA Space — Earnings release (6-K exhibit)EX-99Aug 7, 2026
We use non- IFRS measures, including EBITDA, Adjusted EBITDA, Adjusted EBITDA Margin, Adjusted Net Income, Adjusted Earnings per Share, Order Bookings, Net Debt (Cash) and Free Cash Flow to provide investors with supplemental measures of our operating performance and thus highlight trends in our core business that may not otherwise be apparent when relying solely on IFRS measures.
SEC original ↗MDA Space — Earnings release (6-K exhibit)EX-99Aug 7, 2026
Net Debt (Cash) is the total carrying amount of long-term debt including current portions, as presented in the Q1 2026 Financial Statements, less cash and excluding any lease liabilities.
SEC original ↗MDA Space — Earnings release (6-K exhibit)EX-99Aug 7, 2026
Net Debt (Cash) is a liquidity metric used to determine how well the Company can pay its debt obligations if they were due immediately.
SEC original ↗MDA Space — Earnings release (6-K exhibit)EX-99Aug 7, 2026
Free Cash Flow is a supplemental measure used by Management and other users of the financial statements to monitor the availability of discretionary cash generated, and available to the Company to repay debt, make strategic investments, and meet other payment obligations.
SEC original ↗MDA Space — Earnings release (6-K exhibit)EX-99Aug 7, 2026
Strategy & priorities
“With our continued focus on disciplined execution, the MDA Space team delivered another quarter of strong, profitable year-over-year growth in Q2 as we continue to advance our long-term growth strategy.
SEC original ↗MDA Space — Earnings release (6-K exhibit)EX-99Aug 7, 2026
These two established businesses meet our strategic and financial criteria as profitable, cash-generating businesses that are highly complementary to MDA Space, and further position us to expand our existing $40 billion pipeline.
SEC original ↗MDA Space — Earnings release (6-K exhibit)EX-99Aug 7, 2026
2026 FINANCIAL OUTLOOK As a trusted mission partner and leading global space technology provider, we are leveraging our capabilities and expertise to execute on targeted growth strategies across our end markets and business areas.
SEC original ↗MDA Space — Earnings release (6-K exhibit)EX-99Aug 7, 2026
Our strategic initiatives, which span across our three businesses, include investing in next generation space technology and services, expanding our presence in attractive markets and geographies, scaling and expanding operations, skills, and talent to meet current and future market demand, leveraging strategic mergers, acquisitions and partnerships to complement organic growth, and continuing to position ourselves as Canada’s national defence and space champion and a trusted supplier to partners and allies globally.
SEC original ↗MDA Space — Earnings release (6-K exhibit)EX-99Aug 7, 2026
We continue to make good progress against our long-term strategic plan.
SEC original ↗MDA Space — Earnings release (6-K exhibit)EX-99Aug 7, 2026
Risks & headwinds
There are a number of additional risks and uncertainties affecting or that could affect MDA Space, which could cause actual results and developments to differ materially from those described in, expressed or implied by these forward-looking statements.
SEC original ↗MDA Space — Earnings release (6-K exhibit)EX-99Aug 7, 2026
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
28 documents- Q2 2026
- 6-KMDA
Sep 21, 2026
- EX-99MDA
Sep 21, 2026
- 6-KMDA
Aug 7, 2026
- EX-99MDA
Aug 7, 2026
- EX-99MDA
Aug 7, 2026
- 6-KMDA
Aug 7, 2026
- 6-KMDA
Aug 5, 2026
- EX-99MDA
Aug 5, 2026
- 6-KMDA
Aug 4, 2026
- EX-99MDA
Aug 4, 2026
- 6-KMDA
Jul 24, 2026
- EX-99MDA
Jul 24, 2026
- 6-KMDA
Jul 20, 2026
- 6-KMDA
Jul 14, 2026
- 6-KMDA
Jul 10, 2026
- 6-KMDA
Jul 8, 2026
- Q1 2026
- 6-KMDA
Jun 29, 2026
- 6-KMDA
Jun 24, 2026
- 6-KMDA
Jun 22, 2026
- 6-KMDA
May 8, 2026
- 6-KMDA
May 7, 2026
- 6-KMDA
May 7, 2026
- 6-KMDA
Apr 10, 2026
- 6-KMDA
Apr 9, 2026
- Q4 2025
- 6-KMDA
Mar 31, 2026
- 6-KMDA
Mar 17, 2026
- 6-KMDA
Mar 16, 2026
- 6-KMDA
Mar 12, 2026
Earnings releases
3 documentsPresentations
0 documentsNo presentations for MDA Space are held in this edition of the library.
Transcripts
0 documentsNo transcripts for MDA Space are held in this edition of the library.
Mentioned by
2 companiesOther tracked companies whose held documents mention MDA Space by name or ticker. A mention is counted once per document, from the document text the library holds.
“of tariff, raw material inflation and fuel costs, partially offset by favorable price/mix MDA LATIN AMERICA •…”
“ent. Amid structural transformation in key industries, the labor … …distributable amount (MDA) threshold 5 Ordinary distributions in form of common share dividends and share buybacks in relation to Profit attributable to Deutsche Bank shareholders; p”
See also the earnings calendar for every tracked company’s next earnings date.