โ
๐ ๐๐๐ฌ๐ฎ๐ฅ๐ญ๐ฌ
โข Revenue: $49.8M, +87% YoY.
โข International Revenue: record $21.0M, +134% YoY.
โข Net Loss: $(15.3)M vs. $1.6M net income YoY.
โข Adj. EBITDA: $7.0M vs. $7.8M YoY.
โข Operating Cash Flow: $11.6M vs. $4.6M YoY.
โข Free Cash Flow: $5.4M vs. $(1.3)M YoY.
โ
๐ฏ ๐๐ฎ๐ข๐๐๐ง๐๐
โข FY26 Revenue: $215Mโ$220M.
โข FY26 Adj. EBITDA: $30Mโ$36M.
โ
๐ ๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ
โข Backlog reached $292.2M at quarter-end, up from $285.0M at the end of Q1.
โข Closed its IPO in May, raising $437.5M in net proceeds, and added a new $125M revolving credit facility.
โข Secured a multi-year RF intelligence contract supporting the Indian Navy and regional partners, while international revenue reached a new record.
โข Cluster 14 reached full operational capacity following HawkEye 360โs shortest satellite commissioning period to date.
โข ISA secured a U.S. Space Force-related radar-warning sensor award, while HawkEye 360 also received a NASA contract for its RFIQ data product.
โ
๐ฌ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ ๐๐จ๐ฆ๐ฆ๐๐ง๐ญ๐๐ซ๐ฒ
โWe are seeing great momentum across the business heading into the back half of the year, with strong tailwinds from growing global demand for space-based RF intelligence.โ
