MDA Space Ltd logo

MDA Space Ltd

MDA

NYSEIndustrialsAerospace & Defense

Previous close

$30.92

−$0.33 · -1.06%

Aug 21, 4:00 PM ET

MDA company overview

Regular session · ET · Market data may be delayed.

Company profile

Company website

MDA Space Ltd. operates as a crucial international collaborator in the space sector, furnishing sophisticated technology, innovative solutions, and vital services to the flourishing global space market. The company organizes its activities across three primary segments. Its Geointelligence division provides comprehensive, turnkey solutions and services pertaining to Earth observation and intelligence systems. The Robotics and Space Operations division contributes to humanity's endeavors in space exploration and infrastructure development by supplying autonomous robotics and advanced vision sensors specifically engineered for deployment in orbit, on the lunar surface, and on Mars. Finally, the Satellite Systems division focuses on creating essential sub-systems and complete spacecraft. This includes pioneering communication technologies like space-based broadband internet and direct satellite-to-device connectivity from non-geostationary orbits, specifically Low Earth Orbit (LEO) and Medium Earth Orbit (MEO) constellations, as well as offerings that span the full range of communication frequencies. Established on June 2, 2020, MDA Space Ltd. is headquartered in Brampton, Canada.

Industry
Aerospace & Defense
Sector
Industrials
Headquarters
CA
CEO
Michael Greenley Pmp
Listed since
Mar 13, 2026
Employees
4,000

Market position

Day range

Current $30.92

52-week range

Current $30.92

Open
$31.72
Previous close
$31.25
Volume
1.01M
0.76× average
Average volume
1.32M
Average daily volume
Market cap
5.01B USD
Beta
0.78
Market reference 1
50-day average
$34.7652
-11.06% below average
200-day average
$34.5235
-10.44% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
3.54B USD
EV / EBITDA
18.32×
Earnings yield
2.36%
Free cash flow yield
5.04%

Profitability & efficiency

Return on equity
8.01%
Return on assets
3.23%
Return on invested capital
5.51%

Financial health

Current ratio
0.47×
Altman Z-score
2.9
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends30%19%7%-4%Gross margin, FY2021: 23.38%Gross margin, FY2022: 27.43%Gross margin, FY2023: 24.46%Gross margin, FY2024: 21.73%Gross margin, FY2025: 19.91%Operating margin, FY2021: -1.47%Operating margin, FY2022: 3.13%Operating margin, FY2023: 5.60%Operating margin, FY2024: 5.97%Operating margin, FY2025: 6.94%Net margin, FY2021: 0.61%Net margin, FY2022: 4.10%Net margin, FY2023: 6.04%Net margin, FY2024: 7.35%Net margin, FY2025: 6.64%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 23.38%. Gross margin FY2022 27.43%. Gross margin FY2023 24.46%. Gross margin FY2024 21.73%. Gross margin FY2025 19.91%. Operating margin FY2021 -1.47%. Operating margin FY2022 3.13%. Operating margin FY2023 5.60%. Operating margin FY2024 5.97%. Operating margin FY2025 6.94%. Net margin FY2021 0.61%. Net margin FY2022 4.10%. Net margin FY2023 6.04%. Net margin FY2024 7.35%. Net margin FY2025 6.64%.

Income trends

Revenue

1.19B USD+58.45%

Operating income

82.58M USD+84.24%

Net income

79.01M USD+43.20%
Income trends across reported periods1.31B USD830.85M USD352.91M USD−125.02M USDRevenue, FY2021: 377.04M USDRevenue, FY2022: 473.01M USDRevenue, FY2023: 609.33M USDRevenue, FY2024: 750.56M USDRevenue, FY2025: 1.19B USDOperating income, FY2021: −5.53M USDOperating income, FY2022: 14.83M USDOperating income, FY2023: 34.1M USDOperating income, FY2024: 44.82M USDOperating income, FY2025: 82.58M USDNet income, FY2021: 2.29M USDNet income, FY2022: 19.4M USDNet income, FY2023: 36.82M USDNet income, FY2024: 55.18M USDNet income, FY2025: 79.01M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 377.04M USD. Revenue FY2022 473.01M USD. Revenue FY2023 609.33M USD. Revenue FY2024 750.56M USD. Revenue FY2025 1.19B USD. Operating income FY2021 −5.53M USD. Operating income FY2022 14.83M USD. Operating income FY2023 34.1M USD. Operating income FY2024 44.82M USD. Operating income FY2025 82.58M USD. Net income FY2021 2.29M USD. Net income FY2022 19.4M USD. Net income FY2023 36.82M USD. Net income FY2024 55.18M USD. Net income FY2025 79.01M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue1.19B USD750.56M USD609.33M USD473.01M USD377.04M USD
Cost of goods sold952.56M USD587.47M USD460.32M USD343.25M USD288.89M USD
Gross profit236.74M USD163.09M USD149.01M USD129.76M USD88.15M USD
Research and development60.08M USD55.04M USD54.02M USD64.4M USD36.92M USD
Selling, general, and administrative94.08M USD63.24M USD60.89M USD50.53M USD56.77M USD
Operating expenses154.16M USD118.27M USD114.91M USD114.93M USD93.69M USD
Interest income5.68M USD4.86M USD1.51M USD
Interest expense12.38M USD19.46M USD6.49M USD21.47M USD25.46M USD
Depreciation and amortization102.38M USD63.24M USD58.93M USD56.21M USD63.09M USD
Operating income82.58M USD44.82M USD34.1M USD14.83M USD−5.53M USD
Net income79.01M USD55.18M USD36.82M USD19.4M USD2.29M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
80%
8 beats, 2 misses, 0 met estimates
Average EPS surprise
+9.54%
10 comparable reports
Latest EPS result
0.26
Estimate 0.24 · Beat by 8.33%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.370.280.20.12Q1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 7, 2025: actual 0.14, estimate 0.186, surprise -24.57%, Miss. Q2 2025, reported May 8, 2025: actual 0.202, estimate 0.172, surprise +17.36%, Beat. Q3 2025, reported Aug 7, 2025: actual 0.279, estimate 0.217, surprise +28.80%, Beat. Q4 2025, reported Nov 14, 2025: actual 0.251, estimate 0.239, surprise +5.15%, Beat. Q1 2026, reported Mar 4, 2026: actual 0.328, estimate 0.289, surprise +13.35%, Beat. Q2 2026, reported May 7, 2026: actual 0.28, estimate 0.23, surprise +21.74%, Beat. Q3 2026, reported Aug 7, 2026: actual 0.26, estimate 0.24, surprise +8.33%, Beat. Q4 2026, reported Nov 6, 2026: actual —, estimate 0.2, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates377.98M321.64M265.3M208.97MQ1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 7, 2025: actual 240.85M USD, estimate 223.5M USD, surprise +7.76%, Beat. Q2 2025, reported May 8, 2025: actual 243.89M USD, estimate 225.94M USD, surprise +7.94%, Beat. Q3 2025, reported Aug 7, 2025: actual 274.19M USD, estimate 290.93M USD, surprise -5.76%, Miss. Q4 2025, reported Nov 14, 2025: actual 294.24M USD, estimate 290.93M USD, surprise +1.14%, Beat. Q1 2026, reported Mar 4, 2026: actual 363.44M USD, estimate 343.29M USD, surprise +5.87%, Beat. Q2 2026, reported May 7, 2026: actual 333.65M USD, estimate 297.48M USD, surprise +12.16%, Beat. Q3 2026, reported Aug 7, 2026: actual 351.01M USD, estimate 315.47M USD, surprise +11.27%, Beat. Q4 2026, reported Nov 6, 2026: actual —, estimate 322.03M USD, surprise —, Comparison unavailable.

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