RDW
Redwire Corporation
RDW's outlook is improving, though it still trails on the overall score.
SPXC
SPX Technologies, Inc.
SPXC has the edge over RDW overall, supported by lower modeled downside and stronger valuation.
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.
SPXC Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Stable | |
| Stable |
SPXC's revenue and profitability are currently healthy, and its cash flow and balance sheet are stable.
RDW PE Valuation
RDW has no meaningful PE right now: it lost money over the past year.
SPXC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 16x | $151 | — |
| Cheap | 18x | $109 | -28% |
| Current | 25x | $151 | — |
| Fair | 35x | $208 | +38% |
| Expensive | 70x | $412 | +174% |
Historical ranges are pointers, not guarantees.
SPXC's PE is in its fair range at 25x. If earnings grow as analysts expect, today's price would be 16x next year's earnings, in its cheap range.
RDW Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
RDW has the edge over SPXC on the outlook, with more favorable profitability expectations.
SPXC Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Stable | |
| Limited | |
| Moderate |
Analysts expect strong earnings and revenue growth for SPXC, with profitability holding steady.
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.
SPXC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $9.34 | +58% |
| Q3 2026 | $5.92 | +26% |
| Q2 2026 | $5.58 | +25% |
| Q1 2026 | $5.13 | +19% |
| Q4 2025 | $5.03 | +18% |
| Q3 2025 | $4.68 | +25% |
| Q2 2025 | $4.46 | +100% |
| Q1 2025 | $4.30 | +109% |
| Q4 2024 | $4.26 | +121% |
SPXC has the edge over RDW on earnings quality, reporting a profit while its opponent remains loss making.
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's revenue has grown year over year for five quarters in a row: $109M last quarter, up 5.4% from the same quarter a year ago.
| 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.
SPXC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $714.5M | +21% |
| Q2 2026 | $679M | +23% |
| Q1 2026 | $566.8M | +17% |
| Q4 2025 | $637.3M | +19% |
| Q3 2025 | $592.8M | +23% |
| Q2 2025 | $552.4M | +10% |
| Q1 2025 | $482.6M | +3.7% |
| Q4 2024 | $533.7M | +14% |
SPXC's revenue has grown year over year for 18 quarters in a row: $715M last quarter, up 21% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 16% | -0.2 points |
| Q2 2026 | 17% | +1.3 points |
| Q1 2026 | 15% | +1.7 points |
| Q4 2025 | 16% | -1.2 points |
| Q3 2025 | 16% | +0.1 points |
| Q2 2025 | 16% | +0.8 points |
| Q1 2025 | 14% | -0.1 points |
| Q4 2024 | 17% | +3.5 points |
SPXC has the edge over RDW on profitability, with a higher operating margin.
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.
SPXC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $19.3M | -80% |
| Q2 2026 | $68.5M | +97% |
| Q1 2026 | $12.1M | +$28.5M |
| Q4 2025 | $126.7M | -19% |
| Q3 2025 | $96.1M | +121% |
| Q2 2025 | $34.8M | -26% |
| Q1 2025 | -$16.4M | -2833% |
| Q4 2024 | $156.7M | +32% |
SPXC has the edge over RDW on cash generation, producing positive trailing cash flow while its opponent burns cash.
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 | — |
SPXC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -30K shares |
| 1 year | +3.5% | +1.7M shares |
| 3 years | +8.3% | +3.9M shares |
| 5 years | +8.6% | +4M shares |
| Available history | +13% | +5.7M shares |
SPXC has the edge over RDW on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2023 | — |
| Q3 2023 | — |
| Q4 2022 | — |
| Q3 2022 | — |
RDW Net Leverage
RDW's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
SPXC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.2x | Moderate |
| Q2 2026 | 0.8x | Very low |
| Q1 2026 | 1.0x | Healthy |
| Q4 2025 | 0.3x | Very low |
| Q3 2025 | 0.6x | Very low |
| Q2 2025 | 2.1x | Moderate |
| Q1 2025 | 1.9x | Healthy |
| Q4 2024 | 1.1x | Healthy |
SPXC's net debt is about 2.2 years of its operating earnings (EBITDA), up from less than a year a year ago.
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).
SPXC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 29.0 | Oversold |
| Stochastic | 11.4 | Oversold |
SPXC's weekly RSI is 29 (oversold) and its Stochastic is 11 (oversold).
RDW PE vs Industrials Sector
RDW has no meaningful PE right now: it lost money over the past year.
SPXC PE vs Industrials Sector
| Metric | SPXC | Sector median | Relative |
|---|---|---|---|
| PE | 25x | 24x | 5.7% above |
| PE % | 33 | 58 | 25 pts below |
SPXC is trading at 25x earnings, in line with the Industrials sector's median of 24x.
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.
SPXC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $161.9 | 7% below |
| 20 week MA | $190.1 | 21% below |
| 50 week MA | $204.8 | 26% below |
| 100 week MA | $185.3 | 19% below |
| 200 week MA | $147.0 | 2.5% above |
SPXC has the edge over RDW on trend strength, trading above more of its moving averages.
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 SPXC on returns for 2026, with the stronger performance.
SPXC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $50.6 | $53.9 | +6.5% |
| 2021 | $53.9 | $57.9 | +7.3% |
| 2022 | $57.9 | $65.3 | +13% |
| 2023 | $65.3 | $101.0 | +55% |
| 2024 | $101.0 | $146.0 | +45% |
| 2025 | $146.0 | $208.5 | +43% |
| 2026 YTD | $208.5 | $150.6 | -28% |
SPXC has finished every year since 2020 higher, and it's down 28% so far in 2026.