Redwire Corporation (NYSE: RDW) saw its stock price nosedive 26.06% in a 24-hour plunge on Wednesday following the release of its disappointing second quarter 2025 financial results. The space infrastructure company's earnings report fell significantly short of analyst expectations, triggering a massive selloff among investors.

Redwire reported a quarterly adjusted loss of $1.38 per share, dramatically missing the analyst consensus estimate of a $0.15 loss. This represents a substantial deterioration from the $0.42 loss per share reported in the same period last year. Revenue also disappointed, coming in at $61.76 million, which missed the analyst consensus estimate of $88.83 million by 30.5% and marked a 20.9% decrease from the previous year.

Adding to investor concerns, Redwire disclosed a net loss of $96.98 million for the quarter, with EBIT (earnings before interest and taxes) standing at negative $91.89 million. The company also withdrew its 2025 Adjusted EBITDA forecast due to uncertain government contract timing, further dampening investor sentiment. Despite these challenges, Redwire remains optimistic about long-term growth in space technology, citing the completion of its Edge Autonomy acquisition and the addition of its Stalker uncrewed aerial system to the Department of Defense's Blue List of Approved Drones as positive developments.