MDA Space revenue rises 22 percent in third quarter of 2026
MDA Space reported a 22 percent year-over-year revenue increase to $498 million, supported by a $3.9 billion contract backlog.
Space technology provider MDA Space reported a strong third quarter for 2026, with revenue climbing to $498 million. The company's performance was bolstered by a contract backlog of $3.9 billion, providing clear financial visibility into the coming fiscal years.
Profitability metrics also trended upward during the period. Adjusted EBITDA reached $96 million, representing a 16 percent increase compared to the same quarter last year, with an adjusted margin of 19.3 percent. Adjusted net income grew by 26 percent to $60 million.
The firm generated $106 million in operating cash flow during the quarter. This financial positioning allows the company to maintain ongoing development projects in the competitive aerospace sector, where high capital expenditure is typically required to sustain long-term infrastructure contracts.