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

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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: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MDA Space Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608070545PR_NEWS_USPR_____TO21393) on August 07, 2026, and is solely responsible for the information contained therein.

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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MDA Space Q2 FY26 net income rises 2.6% to C$ 27.9 million; revenue climbs 33.6% to C$ 498.6 million

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