MDA Space (MDA) Income Statement

MDA Space reported revenue of CAD 1.63B in fiscal 2025 (fiscal year ended Dec 31, 2025), up 51.2% from CAD 1.08B a year earlier. Net income was CAD 108.50M, up 36.6% year over year, a net margin of 6.6%. Gross margin was 19.9% and operating margin 6.9%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was CAD 498.60M, up 33.6% from the same quarter a year earlier.

MDA Space Income Statement Analysis

Values in billions CAD

Income Statement Balance Sheet Cash Flow Ratios

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MDA Space Ltd. income statement - Annual data in billions CAD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	1.63	1.08	0.81	0.64	0.48	0.39
Cost of Revenue	1.31	0.75	0.53	0.41	0.29	0.25
Gross Profit	0.33	0.28	0.24	0.23	0.19	0.14
Operating Expenses
Research & Development	0.08	0.04	0.04	0.03	0.03	0.03
Selling, General & Administrative	0.13	0.08	0.07	0.07	0.07	0.07
Operating Expenses	0.21	0.22	0.20	0.15	0.17	0.16
Operating Income	0.11	0.11	0.08	0.07	0.02	-0.02
Other Income/Expense
Interest Income	0.01	0.01	0.00	0.00	0.00	0.00
Interest Expense	0.02	0.03	0.01	0.01	0.03	0.03
Other Income/Expense	-0.01	0.00	-0.01	-0.01	-0.01	0.00
Income
Income Before Tax	0.11	0.11	0.07	0.03	0.01	-0.02
Income Tax Expense	0.00	0.03	0.02	0.01	0.01	0.00
Net Income	0.11	0.08	0.05	0.03	0.00	-0.02
Net Income - Continuous Operations	0.11	0.08	0.05	0.03	0.00	-0.02
Net Income - Discontinued Operations	-	-	-	-	-	-
EBITDA	0.27	0.16	0.13	0.12	0.10	0.04
EBIT	0.17	0.11	0.08	0.05	0.02	-
Depreciation & Amortization	0.14	0.05	0.08	0.05	0.06	0.06
Earnings Per Share
Basic EPS	1.00	1.00	-	-	-	-
Diluted EPS	1.00	1.00	-	-	-	-
Basic Shares Outstanding	0.12	0.12	0.12	0.12	0.12	0.12
Diluted Shares Outstanding	0.13	0.13	0.12	0.12	0.12	0.12

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About MDA Space Financial Statements

What was MDA Space's revenue in fiscal 2025?

MDA Space reported revenue of CAD 1.63B in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 51.2% from CAD 1.08B a year earlier.

Is MDA Space profitable?

Yes. MDA Space earned net income of CAD 108.50M in fiscal 2025, a net margin of 6.6%. In fiscal 2024 it earned CAD 79.40M.

What is MDA Space's operating margin?

MDA Space's operating income was CAD 113.40M on revenue of CAD 1.63B in fiscal 2025, an operating margin of 6.9%, compared with 9.9% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition