MDA Space Ltd
NYSE:MDA · New York Stock Exchange
-$0.68 today
Vol 2.40M · Avg 0.99M
Income Statement
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Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Stock Ticker Earnings Waterfall
NYSE:MDA · Revenue to Net Income
Key Ratios
Analysis
$1.3B of revenue converted into $76.3M of net income for the selected period. Gross margin is 19.6% and net margin is 6.1%, showing how much revenue survives after costs and taxes. EPS is $0.59, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.2B +58.5% | $750.6M +23.2% | $609.3M +28.8% | $473.0M +25.5% | $377.0M | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $952.6M +62.1% | $587.5M +27.6% | $460.3M +34.1% | $343.3M +18.8% | $288.9M | $725.6M | $804.0M | $882.4M |
| Gross Profit | $236.7M +45.2% | $163.1M +9.4% | $149.0M +14.8% | $129.8M +47.2% | $88.2M | $8.9B | $7.6B | $6.2B |
| Gross Margin | 19.9% -1.8pp | 21.7% -2.7pp | 24.5% -3.0pp | 27.4% +4.1pp | 23.4% | 9.8% | 28.9% | 38.3% |
| Research & Development | $60.1M +9.2% | $55.0M +1.9% | $54.0M -16.1% | $64.4M +74.4% | $36.9M | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $94.1M +48.8% | $63.2M +3.9% | $60.9M +20.5% | $50.5M -11.0% | $56.8M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $154.2M +30.3% | $118.3M +2.9% | $114.9M -0.0% | $114.9M +22.7% | $93.7M | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $102.4M +61.9% | $63.2M +7.3% | $58.9M +4.8% | $56.2M -10.9% | $63.1M | $374.2M | $1.2B | $631.8M |
| EBITDA | $193.4M +48.3% | $130.4M +42.0% | $91.8M +46.4% | $62.7M -18.8% | $77.2M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 16.3% -1.1pp | 17.4% +2.3pp | 15.1% +1.8pp | 13.3% -7.2pp | 20.5% | 5.6% | 46.3% | 42.0% |
| Operating Income | $82.6M +84.2% | $44.8M +31.4% | $34.1M +130.0% | $14.8M +367.9% | -$5.5M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 6.9% +1.0pp | 6.0% +0.4pp | 5.6% +2.5pp | 3.1% +4.6pp | -1.5% | 16.6% | 24.1% | 22.0% |
| Interest Income | $5.7M +16.8% | $4.9M +222.4% | $1.5M | $0 | $0 | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $12.4M -36.4% | $19.5M +199.9% | $6.5M -69.8% | $21.5M -15.7% | $25.5M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | -$3.9M -234.7% | $2.9M +137.9% | -$7.7M +74.2% | -$29.8M -416.4% | -$5.8M | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $78.6M +64.7% | $47.7M +80.8% | $26.4M +276.3% | -$15.0M -32.5% | -$11.3M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 6.6% +0.3pp | 6.4% +2.0pp | 4.3% +7.5pp | -3.2% -0.2pp | -3.0% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | -$364.1K +95.1% | -$7.4M +28.6% | -$10.4M +69.7% | -$34.4M -152.8% | -$13.6M | $1.3B | -$1.6B | $745.2M |
| Net Income | $79.0M +43.2% | $55.2M +49.9% | $36.8M +89.8% | $19.4M +746.2% | $2.3M | $4.9B | $4.8B | $4.7B |
| Net Margin | 6.6% -0.7pp | 7.4% +1.3pp | 6.0% +1.9pp | 4.1% +3.5pp | 0.6% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $1 +39.1% | $0 +48.4% | $0 +93.8% | $0 +729.0% | $0 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $1 +38.6% | $0 +46.7% | $0 +87.5% | $0 +729.0% | $0 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $124.2M +3.5% | $120.1M +0.7% | $119.3M +0.2% | $119.0M +0.3% | $118.7M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $129.7M +2.9% | $126.0M +4.0% | $121.2M -1.0% | $122.5M +3.2% | $118.7M | $1.2B | $924.4M | $678.0M |
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How much revenue does MDA generate?
MDA Space Ltd (MDA) reported $1.19B of revenue in fiscal 2025.
Is MDA profitable?
MDA Space Ltd (MDA) reported $79.01M of net income, with a net margin of 6.6%.
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