Redwire Corporation (NYSE: RDW) saw its stock price plummet 26.06% in pre-market trading on Thursday, 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 substantial selloff among investors.

Redwire reported a quarterly loss of $1.41 per share, missing the analyst consensus estimate of a $0.17 loss by a staggering 705.71%. 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 $82.796 million by 25.41% and marked a 20.93% decrease from the $78.111 million reported in the previous year.

Adding to investor concerns, Redwire withdrew its 2025 Adjusted EBITDA forecast due to uncertain government contract timing. The company's net loss widened to $97 million, primarily due to acquisition costs. Furthermore, unfavorable EAC (Estimate at Completion) changes of $25.2 million in Q2 2025 negatively impacted revenue, gross profit, and net loss. These factors, combined with the disappointing financial results, likely contributed to the sharp decline in Redwire's stock price as investors reassessed the company's near-term prospects and financial health.