Quarterly ResultMay 4, 2026, 04:33 PM
Voyager Technologies Q1 Backlog $275.3M, Raises 2026 Revenue Guidance
AI Summary
Voyager Technologies reported its first-quarter 2026 financial results, announcing a record backlog of $275.3 million, a 54% increase year-over-year. The company also raised its full-year 2026 revenue guidance to a range of $230 million to $255 million, reflecting strong growth momentum. Despite a net loss of $(44.0) million, the company highlighted strong bookings, a robust balance sheet with $429.4 million in cash, and significant progress in its Defense and Space Technologies and Starlab Space Stations segments.
Key Highlights
- Record backlog reached $275.3 million, up 54% year-over-year.
- Increased 2026 revenue guidance to $230 million - $255 million.
- Q1 net sales were $35.2 million, a 2.1% increase year-over-year.
- Reported a Q1 net loss of $(44.0) million, or $(0.75) per share.
- Ended the quarter with $429.4 million in cash and cash equivalents.
- Defense and Space Technologies segment net sales were $36.2 million.
- Starlab Space Stations received $24.0 million in cash from NASA.
- Net cash used in operating activities was $(39.7) million.