ONT
Onterris, Inc.
ONT has lower modeled downside risk, despite its lower overall score.
RDW
Redwire Corporation
RDW has the edge over ONT overall, supported by stronger fundamentals and stronger modeled upside.
ONT Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Stable | |
| Stable | |
| Weak |
ONT's profitability and cash flow are currently stable, but its revenue and balance sheet are under pressure.
RDW Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Under pressure | |
| Unavailable |
RDW's revenue is currently healthy, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
ONT PE Valuation
ONT has no meaningful PE right now: it lost money over the past year.
RDW PE Valuation
RDW has no meaningful PE right now: it lost money over the past year.
ONT Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Stable | |
| Improving | |
| Limited | |
| Low |
Analysts expect ONT's losses to shrink, with revenue holding steady. However, they disagree widely on these estimates.
RDW Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
RDW has the edge over ONT on the outlook, with more favorable revenue expectations.
ONT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.20 | +$0.72 |
| Q2 2026 | -$0.23 | +$1.29 |
| Q1 2026 | $0.15 | +$2.48 |
| Q4 2025 | -$0.14 | +$2.08 |
| Q3 2023 | -$1.90 | -$0.62 |
| Q2 2023 | -$1.84 | -$0.82 |
| Q1 2023 | -$1.86 | -$0.53 |
| Q4 2022 | -$1.62 | -$0.06 |
ONT has the edge over RDW on earnings, with more consistent year-over-year improvement.
RDW Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$1.17 | +$2.01 |
| Q2 2026 | -$1.37 | +$1.89 |
| Q1 2026 | -$2.59 | -$0.32 |
| Q4 2025 | -$2.28 | +$0.07 |
| Q3 2025 | -$3.18 | -$1.97 |
| Q2 2025 | -$3.26 | -$2.28 |
| Q1 2025 | -$2.27 | -$1.55 |
| Q4 2024 | -$2.35 | -$1.62 |
RDW is still losing money, but far less than before: $1.17 per share over the past year, against $3.26 at its worst in mid-2025.
ONT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $203M | -9.7% |
| Q2 2026 | $186.7M | -20% |
| Q1 2026 | $168.5M | -5.2% |
| Q4 2025 | $193.3M | +2.2% |
| Q3 2025 | $224.9M | +26% |
| Q2 2025 | $234.5M | +35% |
| Q1 2025 | $177.8M | +14% |
| Q4 2024 | $189.1M | +14% |
ONT's revenue is shrinking: $203M last quarter, down 9.7% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 6% | +1.6 points |
| Q2 2026 | 3.5% | -2.9 points |
| Q1 2026 | -3.6% | +2.4 points |
| Q4 2025 | -1.3% | +11 points |
| Q3 2025 | 4.4% | +5.1 points |
| Q2 2025 | 6.4% | +7.9 points |
| Q1 2025 | -6% | +0.5 points |
| Q4 2024 | -12% | -6.7 points |
ONT has the edge over RDW on profitability, with a higher operating margin.
RDW Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $109M | +5.4% |
| Q2 2026 | $117.1M | +90% |
| Q1 2026 | $97M | +58% |
| Q4 2025 | $108.8M | +56% |
| Q3 2025 | $103.4M | +51% |
| Q2 2025 | $61.8M | -21% |
| Q1 2025 | $61.4M | -30% |
| Q4 2024 | $69.6M | +9.6% |
RDW has the edge over ONT on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -24% | +16 points |
| Q2 2026 | -19% | +130 points |
| Q1 2026 | -72% | -49 points |
| Q4 2025 | -75% | -48 points |
| Q3 2025 | -40% | -22 points |
| Q2 2025 | -149% | -140 points |
| Q1 2025 | -23% | -19 points |
| Q4 2024 | -27% | -17 points |
RDW's operating margin was −24% last quarter, up 16 points from the same quarter a year ago.
ONT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $40M | +79% |
| Q2 2026 | $499K | -97% |
| Q1 2026 | -$17.3M | -836% |
| Q4 2025 | $46.5M | +57% |
| Q3 2025 | $22.3M | +118% |
| Q2 2025 | $19.9M | +$31M |
| Q1 2025 | $2.4M | +$30.4M |
| Q4 2024 | $29.7M | +199% |
ONT has the edge over RDW on cash generation, producing positive trailing cash flow while its opponent burns cash.
RDW Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$65.3M | -$38.5M |
| Q2 2026 | -$33.5M | +$57.2M |
| Q1 2026 | -$11.4M | +$35.5M |
| Q4 2025 | -$26.5M | -659% |
| Q3 2025 | -$26.9M | -$7.6M |
| Q2 2025 | -$90.6M | -$80.2M |
| Q1 2025 | -$46.9M | -3996% |
| Q4 2024 | $4.7M | -65% |
RDW has burned cash in most quarters: −$137M over the past year, against −$160M the year before.
ONT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.8% | -681K shares |
| 1 year | -4.8% | -1.9M shares |
| 3 years | +26% | +7.9M shares |
| 5 years | +45% | +11.8M shares |
| Available history | +82% | +17.1M shares |
ONT has the edge over RDW on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $20M |
| Q1 2026 | $10M |
| Q1 2020 | — |
| Q4 2019 | — |
RDW Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +13% | +29.6M shares |
| 1 year | +179% | +160M shares |
| 3 years | +289% | +186M shares |
| 5 years | +319% | +190M shares |
RDW has 250M diluted shares, up 179% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
ONT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 5.0x | High |
| Q2 2026 | 5.8x | High |
| Q1 2026 | 4.7x | High |
| Q4 2025 | 4.4x | High |
| Q3 2025 | 6.7x | High |
| Q2 2025 | 7.5x | High |
| Q1 2025 | 12.3x | High |
| Q4 2024 | 13.1x | High |
ONT's net debt is about 5.0 years of its operating earnings (EBITDA), down from 6.7 years a year ago.
RDW Net Leverage
RDW's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
ONT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 61.6 | Neutral |
| Stochastic | 67.5 | Neutral |
ONT's weekly RSI is 62 (neutral) and its Stochastic is 67 (neutral).
RDW Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 42.3 | Neutral |
| Stochastic | 16.1 | Oversold |
RDW's weekly RSI is 42 (neutral) and its Stochastic is 16 (oversold).
ONT PE vs Industrials Sector
| Metric | ONT | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 24x | — |
ONT has no meaningful PE right now: it lost money over the past year.
RDW PE vs Industrials Sector
RDW has no meaningful PE right now: it lost money over the past year.
ONT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $16.2 | 43% above |
| 20 week MA | $17.7 | 30% above |
| 50 week MA | $20.3 | 14% above |
| 100 week MA | $21.1 | 9.2% above |
| 200 week MA | $28.0 | 18% below |
ONT has the edge over RDW on trend strength, trading above more of its moving averages.
RDW Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.06 | 11% below |
| 20 week MA | $10.1 | 20% below |
| 50 week MA | $10.6 | 24% below |
| 100 week MA | $11.6 | 31% below |
| 200 week MA | $8.07 | 0.5% below |
RDW is in a downtrend: it's below all five of its weekly moving averages, and 0.5% below its 200-week average.
ONT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $22.4 | $32.1 | +43% |
| 2021 | $32.1 | $71.6 | +123% |
| 2022 | $71.6 | $43.5 | -39% |
| 2023 | $43.5 | $32.1 | -26% |
| 2024 | $32.1 | $17.5 | -46% |
| 2025 | $17.5 | $26.0 | +49% |
| 2026 YTD | $26.0 | $23.1 | -11% |
ONT's yearly returns have swung widely, from +123% in 2021 to −46% in 2024. It's down 11% so far in 2026.
RDW Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $10.2 | $7.34 | -28% |
| 2022 | $7.34 | $1.92 | -74% |
| 2023 | $1.92 | $2.85 | +48% |
| 2024 | $2.85 | $17.1 | +501% |
| 2025 | $17.1 | $7.15 | -58% |
| 2026 YTD | $7.15 | $8.03 | +12% |
RDW has the edge over ONT on returns for 2026, with the stronger performance.