MDA Space Q2 FY26 net income rises 2.6% to C$ 27.9 million; revenue climbs 33.6% to C$ 498.6 million
Reuters2026/08/07 09:45- MDA Space Q2 2026 revenue rose 33.6% year over year to CAD 498.6 million; net income increased 2.6% to CAD 27.9 million.
- IFRS operating cash flow swung to an outflow of CAD 93.4 million from an inflow a year earlier; free cash flow widened to negative CAD 150.2 million.
- Non-IFRS adjusted EBITDA climbed 26.2% to CAD 96.3 million; adjusted EBITDA margin narrowed 1.1 percentage points to 19.3%.
- Backlog ended the quarter at CAD 4.0 billion, up CAD 310 million versus Q1 2026; order bookings totaled CAD 808.9 million.
- Management cited strong order momentum, announced nine early MDA CHORUS customer contracts, and raised the midpoint of 2026 revenue and adjusted EBITDA guidance.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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