Redwire Corporation (RDW) — RQD Stock Rating Cockpit

Per the Roarable RQD rating, RDW scores 32 out of 100 for a letter grade of E, with the verdict label "Roarable Strong Sell — Forensic Risk / Avoid." The five pillars are:

• Fundamental cash engine: 6 / 20. Per the RQD rating, this reflects ROIC of -17.4% and FCF yield of -8.33%. For an investor, the implication is that the business is not currently converting capital into positive returns, so any valuation case depends on a future improvement that the reported figures do not yet show.
• Whale / 13F flow: 6 / 20. The RQD rating scores institutional accumulation and options positioning at a low level. Investors should read this as limited evidence of large-holder conviction, not as a verdict on the business itself.
• Insider conviction: 5 / 20. Per the RQD rating, SEC Form 4 and Congressional PTR cluster flow scores low. This provides little signal of insider confidence in the stock at current levels.
• Macro regime fit: 5 / 20. Per the RQD rating, beta is 0.99 with a sector-sensitivity read that scores low. A near-market beta means the stock moves roughly in line with the broad market, but the low pillar score signals weak alignment with the current regime.
• Forensic balance sheet: 10 / 20. Per the RQD rating, Altman Z is 3.59, Piotroski F is 4/9, and Debt/Equity is 0.08. This is the strongest pillar, indicating the balance sheet is less of a concern than the earnings and cash-flow pillars.

Taken together, the valuation tradeoff is that the forward P/E of 31 is set against negative trailing earnings and negative free cash flow, so the upside case rests on earnings expansion rather than on current profitability. The forensic pillar offers some balance-sheet cushion, but the cash-engine and flow pillars point to a stock the rating classifies as avoid-oriented.

Per the SEC financials, revenue grew across the three reported periods while operating and net losses widened sharply in FY 2025. Per the market data, gross margin is 5.2%, operating margin is -60%, net margin is -60%, and ROIC is -17.4%. Per the Roarable RQD rating, the Altman Z-Score is 3.59 and the Piotroski F-Score is 4/9. Debt/Equity is 0.08 per the RQD rating, and reported debt has declined from $294.7M in FY 2023 to $80.0M in FY 2025.

Per the recent news section, six items are tagged to RDW. Five are rated YELLOW under the "MARKET WIRE" label; these are general market-coverage items from Yahoo Finance Singapore, The Motley Fool, Yahoo Finance UK, StockInvest.us, Simply Wall St, and MarketBeat, and their summaries are generic descriptions of market action and institutional positioning without specific event detail. One item, a MarketBeat report titled "Redwire (NYSE:RDW) Stock Falls 3.6% - Here's Why," is rated RED under "RISK WATCH," signaling a near-term price-pressure item that the source does not elaborate on. Per the Butterfly Supply-Chain Graph, no proprietary signals or supply-chain links are recorded.

Per the Butterfly Supply-Chain Graph, supply chain is recorded as NONE and butterfly links and proprietary signals are empty. No upstream or downstream dependencies, sector correlations, or second-order bottlenecks are available in the source data. Investors should note that the absence of mapped links means this analysis cannot identify ripple effects from suppliers or customers.

• What specific products and government or military contracts generate the $335.4M of FY 2025 revenue, and how concentrated is that revenue?
• What drove the widening of the FY 2025 net loss to $-226.6M from $-114.3M, and is the cash burn of $-190.8M expected to continue?
• What is the company's stated path to positive free cash flow, given the negative FCF yield of -8.33%?
• What is the cause of the RED "RISK WATCH" item on the stock's recent price decline, and what did the 3.6% fall reflect?
• Why is P/E (TTM) and EV/EBITDA unavailable, and how does the forward P/E of 31 reconcile with negative trailing EPS?