MDA Space Ltd. (MDA)

MDA Space Balance Sheet

Financials in millions CAD. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	2,154	152	166.7	22.5	39.3	83.6
Cash & Short-Term Investments	2,154	152	166.7	22.5	39.3	83.6
Cash Growth	1000.56%	-8.82%	640.89%	-42.75%	-52.99%	6.36%
Accounts Receivable	367.7	269.6	298.6	321.5	263.2	165.6
Other Receivables	52.4	116.1	81.4	78.4	48.4	23.8
Receivables	420.1	385.7	380	399.9	311.6	189.4
Inventory	36.5	23.5	8.1	9.9	7.5	8
Other Current Assets	48.2	53.3	71.7	24.3	19.8	12.8
Total Current Assets	2,659	614.5	626.5	456.6	378.2	293.8
Property, Plant & Equipment	852.3	764.1	612	440.9	242.2	124.7
Long-Term Investments	9.9	11.3	-	-	-	-
Goodwill	816.2	800.4	441	439.8	419.9	419.9
Other Intangible Assets	865	876.7	580	582.5	552.4	571.2
Long-Term Deferred Tax Assets	37	10	9.9	14.9	19.1	19.3
Other Long-Term Assets	288.4	279.2	328.1	227	139	105.7
Total Assets	5,543	3,356	2,598	2,162	1,751	1,535

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	523	391.4	248.7	219.1	124.3	71.3
Accrued Expenses	70.7	77.1	60.2	57.4	54.1	38.8
Current Portion of Leases	18.8	20.2	16.2	10.9	6.7	7.9
Current Income Taxes Payable	3.9	11	1.9	4.4	11.9	11.8
Current Unearned Revenue	601.7	798.9	761.3	76.9	110.8	91.5
Other Current Liabilities	45.7	19.2	2.7	4.5	10.8	4.6
Total Current Liabilities	1,264	1,318	1,091	373.2	318.6	225.9
Long-Term Debt	825.8	272	-	438.9	243.6	144.7
Long-Term Leases	114.8	118.9	120.6	75.2	1.6	7.8
Pension & Post-Retirement Benefits	12.1	23.4	23.7	22.8	21.5	33.8
Long-Term Deferred Tax Liabilities	254.7	245.7	185.4	180.8	163.8	158.4
Other Long-Term Liabilities	22.2	23.4	0.8	6.1	1.1	2.3
Total Liabilities	2,493	2,001	1,422	1,097	750.2	572.9

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	2,630	1,043	975.8	956.1	951.6	950.7
Additional Paid-In Capital	23.4	36	38	31.3	25	16.9
Retained Earnings	352.7	247.2	138.7	58.7	9.9	-14.4
Comprehensive Income & Other	44.2	29.1	23.5	18.6	14.1	8.5
Shareholders' Equity	3,050	1,355	1,176	1,065	1,001	961.7
Total Liabilities & Equity	5,543	3,356	2,598	2,162	1,751	1,535

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	959.4	411.1	136.8	525	251.9	160.4
Net Cash (Debt)	1,194	-259.1	29.9	-502.5	-212.6	-76.8
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	8.36	-2.00	0.24	-4.15	-1.74	-0.66
Filing Date Shares Outstanding	162.17	126.49	122.09	119.6	118.76	118.14
Total Common Shares Outstanding	162.17	126.32	121.53	119.51	118.71	118.14
Working Capital	1,395	-703.3	-464.5	83.4	59.6	67.9
Book Value Per Share	18.81	10.73	9.68	8.91	8.43	8.14
Tangible Book Value	1,369	-322.1	155	42.4	28.3	-29.4
Tangible Book Value Per Share	8.44	-2.55	1.28	0.35	0.24	-0.25
Land	276.4	200.7	142.5	86	71.5	58.1
Machinery	200.7	128.1	105.5	51.7	30.7	22.8
Construction In Progress	383.9	405.6	305	268	156.4	42.6
Order Backlog	-	4,013	4,386	-	1,378	864.3

Data Source: S&P Global Market Intelligence Last updated: Nov 5, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 9, 2026

Data Sources Report a data error