Voyager Technologies, Inc. (VOYG)
NYSEIndustrialsAerospace & DefenseSnapshot 2026-09-04
$33.94+3.86%
Close 2026-09-04 · 1-day change
NYSEIndustrialsAerospace & DefenseSnapshot 2026-09-04
QuarterlyIQ Insights · VOYG
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Drive revenue growth supported by record quarterly bookings, backlog, and increased full-year revenue guidance.
Stated as a priority in 2 of last 2 quarters. Revenue grew from $35.2 million in 2026-Q1 to $52.7 million in 2026-Q2 (+51% sequentially). Backlog increased from $275.3 million to $335.5 million, supporting raised full-year 2026 revenue guidance to $275-$305 million (66%-84% growth). Management is delivering on this growth priority with accelerating bookings and backlog.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 0 of the last 3 quarter-over-quarter moves. Historically, Industrials names rated weak grew net income 53% of the time over the next year (vs 58% for the rest of the cohort, n=6963).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“Voyager Reports Record Second Quarter 2026 Financial Results Company delivers record revenue, bookings and backlog 6% to 84% year-over-year growth.”
“Voyager Reports First Quarter 2026 Financial Results, Reports 1Q Record Backlog, Increases 2026 Revenue Guidance to $230 million to $255 million.”
Finalize and integrate the acquisition of Astrobotic Technology to expand space infrastructure platform.
Stated in 2 of last 2 quarters. Management announced completion of the Astrobotic acquisition in 2026-Q2, expanding Voyager's space infrastructure platform. The company maintains strong liquidity ($373.4 million cash in 2026-Q2) to support such strategic growth initiatives. The trajectory shows delivery on this acquisition priority.
“Completed the transformational acquisition of Astrobotic, significantly expanding Voyager's integrated space infrastructure platform.”
“M&A remains a top priority with strong liquidity to support future acquisitions including Astrobotic.”
Sustain high innovation spend to develop advanced defense and space technologies including AI and propulsion.
Stated in 2 of last 2 quarters. Innovation spend remains high at 55.1% of net sales excluding Starlab in 2026-Q2, slightly up from 48% in 2026-Q1, reflecting sustained aggressive investment in technology development. This recurring focus shows management's commitment to innovation with consistent high spending.
“Innovation spend was 55.1% of net sales excluding Starlab, and 102.0% on a consolidated basis.”
“Innovation spend was 48% of net sales excluding Starlab, and 151% on a consolidated basis.”
Preserve robust cash and liquidity to fund growth, acquisitions, and operational needs with capital discipline.
Stated in 2 of last 2 quarters. Cash decreased from $429.4 million in 2026-Q1 to $373.4 million in 2026-Q2, with total liquidity at $585.5 million in 2026-Q2. Management emphasizes disciplined capital management to support growth and acquisitions. The liquidity remains strong, supporting this priority with slight cash reduction consistent with investments.
“Ending the quarter with $373.4 million in cash and cash equivalents and total liquidity of $585.5 million.”
“Strong liquidity position of $429.4 million cash and total liquidity of $641.4 million including revolver capacity.”
Focus on improving operating income and reducing net losses through operational execution and cost management.
Stated in 2 of last 2 quarters. Net loss increased slightly from $(44.0) million in 2026-Q1 to $(46.5) million in 2026-Q2, and operating loss increased from $(44.6) million to $(51.4) million. Losses reflect ongoing investments to support growth and innovation. The trajectory shows limited progress in reducing net losses so far.
“Reported net loss of $(46.5) million and operating loss of $(51.4) million.”
“Reported net loss of $(44.0) million and operating loss of $(44.6) million.”
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, long-term interest rates, Fed net liquidity (low R² over the window).
10 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Industrials names rated neutral grew net income 58% of the time over the next year (vs 56% for the rest of the cohort, n=3431).
Not investment advice. As of 2026-09-04.