CompanyGraph
Voyager Technologies, Inc.
VOYG · NYSE Arca · United States
voyagertechnologies.comFinancials as of FY2025
At a glance
- Depends onMidstream position: 6 outgoing, 5 incoming connections
- ScaleLevered free cash flow is -$266.25M, lower than 95% of all stocks globally
- PositionOperating margin is -97.5%, lower than 95% of its Aerospace & Defense peers (median 6%)
- Interpretations3 currently firing — 3
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Sign inThe reported statements, read against the company's own industry.
Financials view
Market Capitalization
2.02BUSDvs all stocks (USD)
Revenue (TTM)
174.23MUSDvs all stocks (USD)
Profit Margin
-78.61%vs Aerospace & Defense peers
52-Week Change
13.51%vs all stocks
Market Capitalization
2.02BUSDvs all stocks (USD)
Enterprise Value
2.08BUSDvs all stocks (USD)
Forward P/E
-19.16xvs Aerospace & Defense peers
Price to Sales (TTM)
10.98xvs Aerospace & Defense peers
Price to Book (MRQ)
5.71xvs Aerospace & Defense peers
Enterprise to Revenue
11.95xvs Aerospace & Defense peers
Enterprise to EBITDA
-16.10xvs Aerospace & Defense peers
Gross Margin
8.45%vs Aerospace & Defense peers
Profit Margin
-78.61%vs Aerospace & Defense peers
Operating Margin
-97.46%vs Aerospace & Defense peers
Return on Assets (TTM)
-11.11%vs Aerospace & Defense peers
Return on Equity (TTM)
-30.44%vs Aerospace & Defense peers
Revenue (TTM)
174.23MUSDvs all stocks (USD)
Revenue per Share (TTM)
2.98USDUpdated Sep 28, 2026Quarterly Revenue Growth
15.50%vs Aerospace & Defense peers
Gross Profit (TTM)
18.99MUSDvs all stocks (USD)
EBITDA (TTM)
-129.32MUSDvs all stocks (USD)
Net Income (TTM)
-136.97MUSDvs all stocks (USD)
Quarterly Earnings Growth (YoY)
15.48%vs Aerospace & Defense peers
Operating Cash Flow (TTM)
-114.07MUSDvs all stocks (USD)
Levered Free Cash Flow (TTM)
-266.25MUSDvs all stocks (USD)
Trailing Annual Dividend Rate
0.00USDUpdated Sep 28, 2026Trailing Annual Dividend Yield
0.00%vs all stocks
Payout Ratio
0.00%vs Aerospace & Defense peers
Minority Interest (Equity)
45.81MUSDFY2025 · Dec 31, 2025Revenue
166.42MUSDFY2025 · Dec 31, 2025Cost of Goods Sold
136.54MUSDFY2025 · Dec 31, 2025Gross Profit
29.88MUSDFY2025 · Dec 31, 2025Operating Income
-108.50MUSDvs all stocks (USD)
Pre-tax Income
-112.77MUSDFY2025 · Dec 31, 2025Income Tax Expense
-440.00KUSDFY2025 · Dec 31, 2025Net Income
-112.33MUSDFY2025 · Dec 31, 2025EBIT
-105.95MUSDFY2025 · Dec 31, 2025EBITDA (Income Statement)
-81.75MUSDFY2025 · Dec 31, 2025Research & Development
12.75MUSDFY2025 · Dec 31, 2025Selling, General & Administrative
117.08MUSDFY2025 · Dec 31, 2025Non-operating Interest Expense
6.82MUSDFY2025 · Dec 31, 2025EPS (Basic)
-2.89USDFY2025 · Dec 31, 2025EPS (Diluted)
-2.89USDFY2025 · Dec 31, 2025Basic Shares Outstanding
40.21MSharesFY2025 · Dec 31, 2025Diluted Shares Outstanding
40.21MSharesFY2025 · Dec 31, 2025Net Income from Continuing Operations
-112.33MUSDFY2025 · Dec 31, 2025Minority Interests (P&L)
7.52MUSDFY2025 · Dec 31, 2025Operating Cash Flow
-75.89MUSDFY2025 · Dec 31, 2025Free Cash Flow
-170.16MUSDFY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
491.33MUSDFY2025 · Dec 31, 2025Income Tax Paid
725.00KUSDFY2025 · Dec 31, 2025Interest Paid
2.90MUSDFY2025 · Dec 31, 2025Starting Profit (CF Statement)
-112.33MUSDFY2025 · Dec 31, 2025Depreciation & Amortization
16.39MUSDFY2025 · Dec 31, 2025Deferred Taxes (CF)
-478.00KUSDFY2025 · Dec 31, 2025Stock-based Compensation
18.92MUSDFY2025 · Dec 31, 2025Other Non-cash Items
17.46MUSDFY2025 · Dec 31, 2025Change in Accounts Receivable (CF)
-5.71MUSDFY2025 · Dec 31, 2025Change in Accounts Payable (CF)
4.07MUSDFY2025 · Dec 31, 2025Change in Other Assets/Liabilities
-14.20MUSDFY2025 · Dec 31, 2025Capital Expenditures
-94.27MUSDFY2025 · Dec 31, 2025Net Acquisitions
-151.83MUSDFY2025 · Dec 31, 2025Purchase of Investments
-15.50MUSDFY2025 · Dec 31, 2025Net Investing Cash Flow
-261.61MUSDFY2025 · Dec 31, 2025Long-term Debt Issuance
524.50MUSDFY2025 · Dec 31, 2025Long-term Debt Payments
-128.92MUSDFY2025 · Dec 31, 2025Net Short-term Debt Issuance
0.00USDFY2025 · Dec 31, 2025Common Stock Repurchase
-161.89MUSDFY2025 · Dec 31, 2025Common Dividends Paid
-27.58MUSDFY2025 · Dec 31, 2025Other Financing Charges
-19.62MUSDFY2025 · Dec 31, 2025Net Financing Cash Flow
757.82MUSDFY2025 · Dec 31, 2025Shares Outstanding
59.36MSharesUpdated Sep 28, 2026Float Shares
54.90MSharesUpdated Sep 28, 2026Shares Short
9.38MSharesUpdated Sep 28, 2026Short Ratio
7.87daysvs all stocks
Short % of Shares Outstanding
19.14%vs all stocks
% Held by Insiders
4.48%vs all stocks
% Held by Institutions
86.39%vs all stocks
Total Cash (MRQ)
373.44MUSDvs all stocks (USD)
Total Cash per Share (MRQ)
6.12USDUpdated Sep 28, 2026Total Debt (MRQ)
491.06MUSDvs all stocks (USD)
Total Debt to Equity (MRQ)
1.30xvs Aerospace & Defense peers
Current Ratio (MRQ)
3.80xvs Aerospace & Defense peers
Book Value per Share (MRQ)
5.49USDUpdated Sep 28, 2026Total Assets
1.05BUSDvs all stocks (USD)
Total Current Assets
581.30MUSDFY2025 · Dec 31, 2025Total Liabilities
620.92MUSDFY2025 · Dec 31, 2025Total Non-current Assets
469.15MUSDFY2025 · Dec 31, 2025Total Non-current Liabilities
487.89MUSDFY2025 · Dec 31, 2025Total Current Liabilities
133.03MUSDFY2025 · Dec 31, 2025Cash & Cash Equivalents
491.33MUSDFY2025 · Dec 31, 2025Accounts Receivable
29.82MUSDFY2025 · Dec 31, 2025Inventory
3.83MUSDFY2025 · Dec 31, 2025Accounts Payable
27.39MUSDFY2025 · Dec 31, 2025Short-term Debt
5.83MUSDFY2025 · Dec 31, 2025Deferred Revenue
24.34MUSDFY2025 · Dec 31, 2025Other Current Liabilities
32.84MUSDFY2025 · Dec 31, 2025Long-term Debt
460.97MUSDFY2025 · Dec 31, 2025Other Non-current Liabilities
10.17MUSDFY2025 · Dec 31, 2025Common Stock (Book)
6.00KUSDFY2025 · Dec 31, 2025Retained Earnings
-385.93MUSDFY2025 · Dec 31, 2025Total Shareholders' Equity
429.53MUSDvs all stocks (USD)
Treasury Stock
27.70MUSDFY2025 · Dec 31, 202552-Week Low
17.41USDUpdated Sep 28, 202652-Week High
52.40USDUpdated Sep 28, 202652-Week Change
13.51%vs all stocks
50-Day MA
33.74USDUpdated Sep 28, 2026200-Day MA
31.74USDUpdated Sep 28, 2026Avg 10-Day Volume
3.56MSharesUpdated Sep 28, 2026Avg 30-Day Volume
2.00MSharesUpdated Sep 28, 2026Diluted EPS (TTM)
-1.28USDUpdated Sep 28, 2026Other Income / Expense
2.55MUSDFY2025 · Dec 31, 20253 interpretations currently present — each is a set of fired observations whose alignment reads as one structural pattern. Click an observation to see the numbers behind it.
Screen for these patternsIs this company financially stable?
Cash Elevated Relative to Current Liabilities and Total Assets
Its cash covers more of its near-term bills than in its industry, and is a large share of everything it owns.
Reads
Where is this company structurally exposed?
Ulcer Index Elevated, Drawdown From Peak Significant, 20-Week Volatility Elevated
It sits well below its peak, and the fall has been both deep and long.
Partial Recovery After Sharp Decline
A weak, thin-volume bounce inside a decline that is still far from recovered.
An interpretation is present only while every observation it reads stays fired (score ≥ 70). It describes what the aligned readings show — never a verdict, never a prediction.
Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Peer Positioning
Operating margin is -97.5%, lower than 95% of its Aerospace & Defense peers (median 6%)Significant
Operating margin: -0.97Industry median: 0.06Industry P5: -0.52Peers compared: 81.00
Return on equity is -30.4%, lower than 95% of its Aerospace & Defense peers (median 4%)Significant
Return on equity: -0.30Industry median: 0.04Industry P5: -0.28Peers compared: 81.00
Financial Health
Altman Z-Score 1.78: grey zoneSignificant
Altman Z-Score: 1.78
Low earnings qualitySignificant
Earnings Quality Score: -0.55
Supply Chain
Midstream position: 6 outgoing, 5 incoming connectionsNotable
Outgoing: 6.00Incoming: 5.00
High connectivity hub: 11 industry connectionsNotable
Total Connections: 11.00
Scale
Levered free cash flow is -$266.25M, lower than 95% of all stocks globallySignificant
Levered free cash flow (USD): -266,253,376Global P5: -202,685,365.334
Market cap is $2.02B, above the global median of $1.18BNotable
Market cap (USD): 2,024,944,210Global Median: 1,180,223,658.953
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