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StocksMediumUpdated•Originally published 5 November 2026•Updated 5 November 2026•
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MDA Space Reports 22% Q3 Revenue Growth and Raises Full-Year 2026 Guidance

Key Facts

1MDA Space reported Q3 revenues of $498 million, a 22% increase year-over-year.
2The company's backlog reached $3.9 billion at quarter-end, providing revenue visibility through 2027.
3The company increased its full-year 2026 guidance for revenue and Adjusted EBITDA.

MDA Space reported Q3 2026 revenues of $498 million, representing a 22% increase year-over-year according to a statement via PR Newswire. The company's backlog reached $3.9 billion at quarter-end, providing revenue visibility through 2027. Following these results, the company increased its full-year 2026 guidance for both revenue and Adjusted EBITDA.

MDA closed at $26.23 on November 4, 2026, prior to the release of these results which highlighted a strong net cash position of $1.3 billion. The growth was driven by expanding operations in the global space industry and higher adjusted net income as the company continues to convert its significant backlog into realized revenue.

Latest Updates · 1

  1. Notable·

    Update: MDA Space set its full-year 2026 revenue guidance between $1.90 billion and $1.95 billion on November 5, 2026. This outlook is supported by a pipeline of potential opportunities exceeding $40 billion, further strengthening the company's long-term growth prospects.

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