MDA Space Ltd. reported second quarter 2026 financial results for the period ended June 30, 2026. Consolidated revenues reached $498.6 million Canadian dollars, a 33.6% year-over-year increase driven by higher work volumes in Satellite Systems and Robotics & Space Operations. Adjusted EBITDA rose 26.2% to $96.3 million with a margin of 19.3%, while adjusted net income increased 12.9% to $51.8 million. The company ended the quarter with a backlog of $4,003.0 million and a net cash position of $152.8 million. Management narrowed its full-year 2026 revenue guidance to $1.8–$1.9 billion and adjusted EBITDA guidance to $330–$370 million. The company operates in the global space technology industry, providing satellite systems, robotics, and geointelligence services.
