MDA Space posts strong Q3 2026 results and lifts FY2026 revenue and EBITDA outlook

MDA Space reported third‑quarter 2026 revenue of C$498.1 million, a 22% year‑over‑year increase, and adjusted EBITDA of C$96 million, up 16%. The company also posted adjusted net income of C$60.4 million and adjusted diluted EPS of C$0.37. Backlog stood at C$3.9 billion, and the firm raised its full‑year 2026 revenue guidance to C$1.90‑1.95 billion and adjusted EBITDA guidance to C$355‑375 million.

The higher guidance signals stronger demand and profitability, which should support MDA’s valuation and may attract investor interest (the company says the outlook reflects robust backlog and upcoming acquisitions).

  • 1Q3 2026 revenue was C$498.1 million, up 22% YoY.
  • 2Adjusted EBITDA for Q3 2026 was C$96 million, up 16% YoY.
  • 3Adjusted net income for Q3 2026 was C$60.4 million, up 26% YoY.
  • 4Adjusted diluted EPS for Q3 2026 was C$0.37, up 0.7% YoY.
  • 5Backlog at quarter‑end was C$3.9 billion.
  • 6FY2026 revenue guidance was raised to C$1.90‑1.95 billion.

Sources