RDW
Redwire Corporation
RDW has the edge over VVX overall, supported by stronger valuation and stronger fundamentals.
VVX
V2X, Inc.
VVX has lower modeled downside risk, despite its lower overall score.
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.
VVX Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Stable | |
| Stable |
VVX'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.
VVX PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 11x | $34.48 | -57% |
| Forward | 12x | $80.94 | — |
| Fair | 19x | $59.54 | -26% |
| Current | 26x | $80.94 | — |
| Expensive | 35x | $110 | +36% |
Historical ranges are pointers, not guarantees.
VVX's PE is in its fair range at 26x. If earnings grow as analysts expect, today's price would be 12x 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 VVX on the outlook, with more favorable profitability expectations.
VVX Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Stable | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for VVX, 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.
VVX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $6.73 | +114% |
| Q3 2026 | $3.15 | +26% |
| Q2 2026 | $2.91 | +32% |
| Q1 2026 | $2.80 | +117% |
| Q4 2025 | $2.45 | +127% |
| Q3 2025 | $2.50 | +762% |
| Q2 2025 | $2.20 | +$2.59 |
| Q1 2025 | $1.29 | +$1.41 |
| Q4 2024 | $1.08 | +$1.81 |
VVX 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.
VVX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.3B | +8.9% |
| Q2 2026 | $1.3B | +17% |
| Q1 2026 | $1.3B | +23% |
| Q4 2025 | $1.2B | +5.3% |
| Q3 2025 | $1.2B | +7.9% |
| Q2 2025 | $1.1B | +0.6% |
| Q1 2025 | $1B | +0.5% |
| Q4 2024 | $1.2B | +11% |
VVX's revenue has grown year over year for 23 quarters in a row: $1.3B last quarter, up 8.9% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 4.7% | -0.1 points |
| Q2 2026 | 4.3% | -0.6 points |
| Q1 2026 | 3.5% | +0.1 points |
| Q4 2025 | 4.2% | -0.2 points |
| Q3 2025 | 4.8% | +0.2 points |
| Q2 2025 | 4.9% | +2.4 points |
| Q1 2025 | 3.4% | +0.4 points |
| Q4 2024 | 4.5% | +0.8 points |
VVX 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.
VVX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $64M | +83% |
| Q2 2026 | $20.5M | -21% |
| Q1 2026 | -$132.2M | -$34M |
| Q4 2025 | $207.2M | -6.7% |
| Q3 2025 | $35M | -42% |
| Q2 2025 | $26.1M | +4.5% |
| Q1 2025 | -$98.2M | -$33.2M |
| Q4 2024 | $222M | +401% |
VVX 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 | — |
VVX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +64K shares |
| 1 year | -0.8% | -268K shares |
| 3 years | +1.3% | +409K shares |
| 5 years | +167% | +19.8M shares |
| Available history | +169% | +19.9M shares |
VVX has the edge over RDW on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2025 | $20M |
RDW Net Leverage
RDW's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
VVX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.5x | Moderate |
| Q2 2026 | 2.7x | Moderate |
| Q1 2026 | 2.8x | Moderate |
| Q4 2025 | 2.4x | Moderate |
| Q3 2025 | 3.1x | Elevated |
| Q2 2025 | 3.1x | Elevated |
| Q1 2025 | 3.5x | Elevated |
| Q4 2024 | 3.1x | Elevated |
VVX's net debt is about 2.5 years of its operating earnings (EBITDA), down from 3.1 years 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).
VVX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 56.0 | Neutral |
| Stochastic | 52.3 | Neutral |
VVX's weekly RSI is 56 (neutral) and its Stochastic is 52 (neutral).
RDW PE vs Industrials Sector
RDW has no meaningful PE right now: it lost money over the past year.
VVX PE vs Industrials Sector
| Metric | VVX | Sector median | Relative |
|---|---|---|---|
| PE | 26x | 24x | 6.8% above |
| PE % | 65 | 58 | 7 pts above |
VVX is trading at 26x 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.
VVX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $75.0 | 8% above |
| 20 week MA | $77.3 | 4.8% above |
| 50 week MA | $72.0 | 12% above |
| 100 week MA | $61.4 | 32% above |
| 200 week MA | $54.7 | 48% above |
VVX 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's yearly returns have swung widely, from +501% in 2024 to −74% in 2022. It's up 12% so far in 2026.
VVX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $51.0 | $47.5 | -6.8% |
| 2021 | $47.5 | $45.8 | -3.6% |
| 2022 | $45.8 | $39.6 | -14% |
| 2023 | $39.6 | $46.4 | +17% |
| 2024 | $46.4 | $47.0 | +1.2% |
| 2025 | $47.0 | $55.8 | +19% |
| 2026 YTD | $55.8 | $80.9 | +45% |
VVX has the edge over RDW on returns for 2026, with the stronger performance.