MDA Space Ltd. reported third quarter 2025 revenues of $409.8 million, representing a 45% year-over-year increase. Adjusted EBITDA was $82.8 million, up 49% compared to the same period last year, with an adjusted EBITDA margin of 20.2%. Adjusted net income reached $46.1 million, a 33% increase year-over-year, and adjusted diluted EPS was $0.35, up 25%. The company ended the quarter with a backlog of $4.4 billion, providing revenue visibility for 2025 and beyond. Net debt at quarter-end was $93.6 million, with a net debt to last twelve months adjusted EBITDA ratio of 0.3x. During the quarter, MDA Space Ltd. completed the acquisition of SatixFy Communications Ltd. The company reaffirmed its full-year 2025 outlook, expecting revenues between $1.57 and $1.63 billion, and adjusted EBITDA between $305 and $320 million.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MDA Space Ltd. published the original content used to generate this news brief on November 14, 2025, and is solely responsible for the information contained therein.
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