Voyager Technologies, Inc.

Voyager Technologies, Inc.

VOYGยทNYSE

$44.96

-5.3%
IndustrialsAerospace & Defense

Voyager Technologies, Inc. operates as a defense technology and space solutions company in the United States, Europe, the Middle East, and internationally. It operates through three segments: Defense & National Security, Space Solutions, and Starlab Space Stations. The Defense & National Security segment provides defense systems, such as missile defense interceptors, kill vehicles, and hypersonic missiles and reentry systems; signal intelligence systems, including software solutions that deliver critical intelligence to the modern warfighter; communication technologies comprising radiation-hardened laser and RF communications systems and advanced electro-optical and digital systems; and guidance, navigation, and control systems consisting of sun sensors, star trackers, and inertial measurement units, as well as artificial intelligence powered edge computing products. The Space Solutions segment offers advanced space technology systems, such as in-space propulsion systems with applications for orbital servicing, manufacturing, and deep space exploration; space infrastructure, including software solutions that deliver critical intelligence to the modern warfighter; and space science and mission management products. The Starlab Space Stations segment operates a commercial space station and provides continued permanent human presence in space. It serves defense, national security, and space industries. The company was formerly known as Voyager Space Holdings, Inc. and changed its name to Voyager Technologies, Inc. in February 2025. Voyager Technologies, Inc. was incorporated in 2019 and is headquartered in Denver, Colorado.

At a Glance

Live Snapshot
Market Cap$2.66B
EPS-1.9600
P/E Ratio-22.94
Earnings Date06/04/2026
3Y+296.0%
5Y+296.0%
10Y+296.0%
3Y-2356.0%
5Y-2356.0%
10Y-2356.0%
3Y+39145.0%
5Y+39145.0%
10Y+39145.0%
VOYG

Voyager Technologies, Inc. Cash Conversion Engine

VOYG ยท NYSE
Net Income-104.81M
Depreciation & Amortization16.39M
Stock-Based Compensation18.92M
Change in Working Capital-8.70M
Others17.74M
Capital Expenditures-144.67M
Free Cash Flow-205.62M

Cash Flow Quality Analysis

FCF Conversion Rate

196.2%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

-237.4%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-90.0%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

-$8.70M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Working capital strain: Significant cash tied up in operations. Monitor receivables collection, inventory turns, and payment terms to optimize cash conversion cycle.

Voyager Technologies, Inc. Cash Flow Statement

VOYG โ€ข NYSE

Voyager Technologies, Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023
OPERATING ACTIVITIES
-104.8M
-65.6M
-25.2M
16.4M
16.4M
12.9M
-478K
-2.6M
-645K
18.9M
3.8M
2.7M
17.7M
25.5M
1.8M
(0.0)
(374K)
(0.0)
-8.7M
-2.9M
-7M
-60.9M
-25.5M
-15.4M
INVESTING ACTIVITIES
-144.7M
-82.7M
-17.2M
-151.8M
(0.0)
(0.0)
-15.5M
(0.0)
-100K
50.4M
54.9M
28.9M
-261.6M
-27.8M
(11.6M)
FINANCING ACTIVITIES
532M
0.0
0.0
379.1M
11.4M
7.5M
-27.6M
(0.0)
(0.0)
-30.7M
(0.0)
(0.0)
-125.7M
914K
-8.7M
757.8M
79M
1.9M
CASH FLOW SUMMARY
126K
-31K
9K
435.4M
25.7M
-1.8M
55.9M
30.3M
32.1M
491.3M
55.9M
30.3M
-205.6M
-108.2M
-32.6M

SEC Filings

VOYG - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

June 01, 2026
May 29, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 05, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 04, 2026
May 04, 2026
2026
DEF 14A

DEF 14A 2025

N/A

April 17, 2026
December 31, 2025
2025
10-K

10-K 2025 FY

FY

March 10, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

March 09, 2026
March 09, 2026
2026
8-K

8-K 2025

N/A

November 25, 2025
November 20, 2025
2025
8-K

8-K 2025

N/A

November 21, 2025
November 21, 2025
2025
8-K

8-K 2025

N/A

November 13, 2025
November 05, 2025
2025
10-Q

10-Q 2025 Q3

Q3

November 04, 2025
September 30, 2025
2025
Showing 1 to 10 of 17 filings