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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	397.8	152	166.7	22.5	39.3	83.6
Cash & Short-Term Investments	397.8	152	166.7	22.5	39.3	83.6
Cash Growth	-40.26%	-8.82%	640.89%	-42.75%	-52.99%	6.36%
Accounts Receivable	392.7	269.6	298.6	321.5	263.2	165.6
Other Receivables	59.5	116.1	81.4	78.4	48.4	23.8
Receivables	452.2	385.7	380	399.9	311.6	189.4
Inventory	32	23.5	8.1	9.9	7.5	8
Other Current Assets	44.9	53.3	71.7	24.3	19.8	12.8
Total Current Assets	926.9	614.5	626.5	456.6	378.2	293.8
Property, Plant & Equipment	818.5	764.1	612	440.9	242.2	124.7
Long-Term Investments	9.7	11.3	-	-	-	-
Goodwill	817.4	800.4	441	439.8	419.9	419.9
Other Intangible Assets	868	876.7	580	582.5	552.4	571.2
Long-Term Deferred Tax Assets	19.7	10	9.9	14.9	19.1	19.3
Other Long-Term Assets	290.7	279.2	328.1	227	139	105.7
Total Assets	3,767	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	546.2	391.4	248.7	219.1	124.3	71.3
Accrued Expenses	69	77.1	60.2	57.4	54.1	38.8
Current Portion of Leases	19.1	20.2	16.2	10.9	6.7	7.9
Current Income Taxes Payable	6.6	11	1.9	4.4	11.9	11.8
Current Unearned Revenue	578.8	798.9	761.3	76.9	110.8	91.5
Other Current Liabilities	15.2	19.2	2.7	4.5	10.8	4.6
Total Current Liabilities	1,235	1,318	1,091	373.2	318.6	225.9
Long-Term Debt	245	272	-	438.9	243.6	144.7
Long-Term Leases	114.2	118.9	120.6	75.2	1.6	7.8
Pension & Post-Retirement Benefits	24.1	23.4	23.7	22.8	21.5	33.8
Long-Term Deferred Tax Liabilities	234.6	245.7	185.4	180.8	163.8	158.4
Other Long-Term Liabilities	23.5	23.4	0.8	6.1	1.1	2.3
Total Liabilities	1,876	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	1,508	1,043	975.8	956.1	951.6	950.7
Additional Paid-In Capital	40.4	36	38	31.3	25	16.9
Retained Earnings	304.7	247.2	138.7	58.7	9.9	-14.4
Comprehensive Income & Other	37.2	29.1	23.5	18.6	14.1	8.5
Shareholders' Equity	1,891	1,355	1,176	1,065	1,001	961.7
Total Liabilities & Equity	3,767	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	378.3	411.1	136.8	525	251.9	160.4
Net Cash (Debt)	19.5	-259.1	29.9	-502.5	-212.6	-76.8
Net Cash Growth	-92.90%	-	-	-	-	-
Net Cash Per Share	0.14	-2.00	0.24	-4.15	-1.74	-0.66
Filing Date Shares Outstanding	162.06	126.49	122.09	119.6	118.76	118.14
Total Common Shares Outstanding	138.85	126.32	121.53	119.51	118.71	118.14
Working Capital	-308	-703.3	-464.5	83.4	59.6	67.9
Book Value Per Share	13.62	10.73	9.68	8.91	8.43	8.14
Tangible Book Value	205.2	-322.1	155	42.4	28.3	-29.4
Tangible Book Value Per Share	1.48	-2.55	1.28	0.35	0.24	-0.25
Land	275.6	200.7	142.5	86	71.5	58.1
Machinery	190.1	128.1	105.5	51.7	30.7	22.8
Construction In Progress	350	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: Jun 30, 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:

Aug 19, 2026

Data Sources Report a data error