MDA Space Ltd (MDA) — Financial statements
Income statement, balance sheet, and cash flow for MDA Space Ltd — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,189↑58.5% | 751↑23.2% | 609↑28.8% | 473↑25.5% | 377 | |
| Cost of Revenue | 953↑62.1% | 587↑27.6% | 460↑34.1% | 343↑18.8% | 289 | |
| Gross Profit | 237↑45.2% | 163↑9.4% | 149↑14.8% | 130↑47.2% | 88 | |
| Operating Expenses | ||||||
| R&D Expenses | 60↑9.2% | 55↑1.9% | 54↓16.1% | 64↑74.4% | 37 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 94↑48.8% | 63↑3.9% | 61↑20.5% | 51↓11.0% | 57 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 154↑30.3% | 118↑2.9% | 115↓0.0% | 115↑22.7% | 94 | |
| Total Costs & Expenses | 1,107↑56.8% | 706↑22.7% | 575↑25.5% | 458↑19.8% | 383 | |
| Operating Results | ||||||
| Operating Income | 83↑84.2% | 45↑31.4% | 34↑130.0% | 15↑367.9% | -6 | |
| Depreciation & Amortization | 102↑61.9% | 63↑7.3% | 59↑4.8% | 56↓10.9% | 63 | |
| EBITDA | 185↑71.2% | 108↑16.2% | 93↑31.0% | 71↑23.4% | 58 | |
| EBIT | 83↑84.2% | 45↑31.4% | 34↑130.0% | 15↑367.9% | -6 | |
| Interest & Other Income | ||||||
| Net Interest Income | -7↑54.1% | -15↓193.0% | -5↑76.8% | -21↑15.7% | -25 | |
| Interest Income | 6↑16.8% | 5↑222.4% | 2 | 0.00 | 0.00 | |
| Interest Expense | 12↓36.4% | 19↑199.9% | 6↓69.8% | 21↓15.7% | 25 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | -4↓234.7% | 3↑137.9% | -8↑74.2% | -30↓416.4% | -6 | |
| Income Before Tax | 79↑64.7% | 48↑80.8% | 26↑276.3% | -15↓32.5% | -11 | |
| Income Tax Expense | -0.36↑95.1% | -7↑28.6% | -10↑69.7% | -34↓152.8% | -14 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 79↑43.2% | 55↑49.9% | 37↑89.8% | 19↑746.2% | 2 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 79↑43.2% | 55↑49.9% | 37↑89.8% | 19↑746.2% | 2 | |
| Bottom-Line Net Income | 79↑43.2% | 55↑49.9% | 37↑89.8% | 19↑746.2% | 2 | |
| EPS (Basic) | 0.64↑39.1% | 0.46↑48.4% | 0.31↑93.8% | 0.16↑729.0% | 0.02 | |
| EPS (Diluted) | 0.61↑38.6% | 0.44↑46.7% | 0.30↑87.5% | 0.16↑729.0% | 0.02 | |
| Weighted Average Shares | 124↑3.5% | 120↑0.7% | 119↑0.2% | 119↑0.3% | 119 | |
| Weighted Average Diluted Shares | 130↑2.9% | 126↑4.0% | 121↓1.0% | 122↑3.2% | 119 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.