MDA Space Ltd. (TSX: MDA) announced record-breaking financial results for the fourth quarter and full fiscal year 2025, driven by surging global demand in the space sector. The company reported annual revenues of $1,633 million, representing a significant 51% increase compared to the previous year. A robust backlog of approximately $4.0 billion at year-end provides the company with strong revenue visibility heading into 2026 and beyond. Looking ahead, MDA Space introduced its 2026 financial guidance, forecasting revenues between $1.7 billion and $1.9 billion. Adjusted EBITDA for 2026 is expected to range from $320 million to $370 million, reflecting continued operational efficiency. The company attributes this performance to successful project execution within the rapidly expanding global space industry.
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