Voyager Technologies slightly misses Q1 revenue estimates, lifts FY revenue forecast

Voyager Technologies

04/05/2026 21:24

Overview

US defense and space tech firm's Q1 revenue rose 2% yr/yr, slightly missing analyst expectations

Company posted Q1 adjusted loss per share of $0.61, with net loss of $44 mln

Voyager raised 2026 revenue guidance to $230 mln-$255 mln on record $275 mln backlog

Outlook

Voyager raises 2026 revenue guidance to $230 mln-$255 mln

Company says record backlog and strong demand support accelerated revenue growth

Voyager expects increased innovation spend, supported by strong liquidity

Result Drivers

RECORD BACKLOG - Co said Q1 results were supported by a record $275 mln backlog, up 54% yr/yr, providing visibility into future revenue

DEFENSE DEMAND - Management cited strong demand from U.S. defense programs, including Golden Dome and Next Generation Interceptor, as key growth drivers

INNOVATION SPEND - Profitability was impacted by increased investment in innovation and ramp-up of Starlab program activities

Company press release: ID:nBw3S7Wfva

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Slight Miss*
$35.25 mln
$35.39 mln (9 Analysts)
Q1 EPS
-$0.75
Q1 Net Income
-$45.94 mln
Q1 Income from Operations
-$44.65 mln
Q1 Pretax Profit
-$42.72 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 1 "hold" and 1 "sell" or "strong sell"

Wall Street's median 12-month price target for Voyager Technologies Inc is $39.00, about 46.6% above its May 1 closing price of $26.60

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)