MDA Space
Builds satellite, observation and space-robotics systems for mission partners.
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Profile
Builds communications satellites, observation systems and space-robotics technology. Its three business areas combine Geointelligence, Robotics & Space Operations, and Satellite Systems around a Canadian space-technology heritage.
Builds communications satellites, Earth and space-observation systems, and technology for space exploration and infrastructure. Its work spans commercial and government space missions, drawing on the company’s Canadarm and RADARSAT heritage.
The business is organized into Geointelligence, Robotics & Space Operations, and Satellite Systems. Geointelligence covers observation-related capabilities, while the other two areas cover space robotics, operations and satellite work.
Based in Canada, it serves space missions across international markets. The current brand connects established robotics and observation capabilities with digital satellites and the CHORUS program; the SatixFy portfolio is being integrated into Satellite Systems.
Company facts
Categories
Key statistics
Year to date +6.9% · Average volume (30d) 1.0M
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Rating | Prior target | Target |
|---|---|---|---|---|---|
| Aug 11, 2026 | Jefferies | Reiterate | Buy | $51 | $49 |
| Aug 10, 2026 | Deutsche Bank | Reiterate | Buy | $41 | |
| Jun 2, 2026 | Jefferies | Target | $51 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 7, 2026Q2 FY26 | $0.24 | $0.26 | +8.3% | $315.5M | $351.0M | +11.3% | +0.96% |
| May 7, 2026Q1 FY26 | $0.23 | $0.28 | +21.7% | $297.5M | $333.7M | +12.2% | +1.05% |
| Mar 4, 2026Q4 FY25 | $0.29 | $0.33 | +13.4% | $343.3M | $363.4M | +5.9% | −3.36% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $243.9M | $274.2M | $294.2M | $363.4M | $333.7M | $351.0M | |
| Gross profit | $47.3M | $61.0M | $55.9M | $69.8M | $60.4M | $66.5M | |
| Operating income | $24.5M | $28.2M | $11.6M | $23.2M | $23.2M | $15.9M | |
| Net income | $22.9M | $20.0M | $17.5M | $17.5M | $21.3M | $19.6M | |
| Diluted EPS | $0.18 | $0.16 | $0.13 | $0.14 | $0.16 | $0.14 | |
| Gross margin | 19.4% | 22.3% | 19.0% | 19.2% | 18.1% | 18.9% | |
| Operating margin | 10.1% | 10.3% | 3.9% | 6.4% | 7.0% | 4.5% |
Fiscal years (4-quarter sums)FY21 $379.5M · FY22 $484.3M · FY23 $602.5M · FY24 $780.7M · FY25 $1.18B
Balance sheet, Jun 30, 2026Cash & short-term investments $280.1M · Total debt $266.3M · Total assets $2.65B · Shareholders' equity $1.33B
Dividends
No dividends on record.
Ownership
Shares outstanding 161.92M · Float 147.60M · 91.2% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Connor, Clark & Lunn Investment Management Ltd. | 9.71M | 6.00% | 13F | May 11, 2026 |
| Senvest Management, LLC | 4.76M | 2.94% | 13F | May 14, 2026 |
| FMR LLC | 3.88M | 2.40% | 13F | May 15, 2026 |
| Guardian Capital LP | 3.56M | 2.20% | 13F | May 15, 2026 |
| Vanguard Capital Management LLC | 3.51M | 2.17% | 13F | May 15, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
View detailsPeers
- Lockheed Martin
Large-prime rival in government and commercial satellite systems
- Northrop Grumman
End-to-end rival in space systems, payloads and satellite servicing
- Rocket Lab
End-to-end space-systems rival in spacecraft and constellation missions
- Planet Labs
Earth-observation rival in global satellite imagery and geospatial data
- Redwire
Space-infrastructure rival in autonomous systems and mission hardware
- BlackSky Technology
Real-time geospatial-intelligence rival in imagery and analytics
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| MDA Space | $29.10 | +0.80% | $4.68B | 50.7 | 27.8 | 3.0 | — |
| Lockheed Martin | $564.08 | +0.07% | $130.13B | 20.8 | 17.9 | 1.7 | +10.5% |
| Northrop Grumman | $546.65 | +0.20% | $77.51B | 17.3 | 18.6 | 1.8 | +5.1% |
| Rocket Lab | $64.56 | +0.25% | $37.27B | — | — | 48.5 | +62.0% |
| Planet Labs | $20.04 | +0.30% | $6.65B | — | — | 19.8 | +42.1% |
| Redwire | $10.87 | 0.00% | $2.60B | — | — | 6.1 | +89.6% |
| BlackSky Technology | $23.40 | −1.29% | $969.8M | — | — | 8.9 | +50.1% |
| Median | 19.1 | 18.2 | 7.5 | +46.1% |