Redwire Corporation (NYSE: RDW) saw its stock price plunge 14.09% in after-hours trading on Wednesday following the release of its second quarter 2025 financial results. The space infrastructure company's earnings report fell significantly short of analyst expectations, triggering a 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.
Further adding to investor concerns, Redwire disclosed a net loss of $96.979 million for the quarter, with EBIT (earnings before interest and taxes) standing at negative $91.891 million. The company's pretax loss was reported at $129.583 million, painting a challenging financial picture. These figures likely contributed to the sharp decline in Redwire's stock price, as investors reassessed the company's near-term prospects and financial health in light of these disappointing results.