Voyager Technologies, Inc./DE
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 |
|---|---|---|---|---|
| Income Statement | ||||
| Revenue | $166.4M | $144.2M | $136.1M | — |
| Cost of revenue | $136.5M | $109.3M | $108.3M | — |
| Selling, general & administrative | $117.1M | $62.6M | $54.0M | — |
| Research and development | $19.0M | $13.0M | $18.5M | — |
| Operating income | -$108.5M | -$48.4M | -$14.2M | — |
| Interest expense | $6.8M | $12.0M | $10.6M | — |
| Pretax income | -$112.8M | -$67.3M | -$24.9M | — |
| Income tax expense | -$440,000 | -$1.7M | $341,000 | — |
| Net income | -$104.8M | -$62.1M | -$25.4M | — |
| Balance Sheet | ||||
| Cash and equivalents | $491.3M | $55.9M | — | — |
| Current assets | $581.3M | $101.6M | — | — |
| Total assets | $1.1B | $247.6M | — | — |
| Current liabilities | $133.0M | $87.4M | — | — |
| Total liabilities | $620.9M | $187.7M | — | — |
| Stockholders' equity | $383.7M | -$69.7M | -$92.6M | -$68.2M |
| Cash Flow Statement | ||||
| Cash from operations | -$60.9M | -$25.5M | -$15.4M | — |
| Depreciation and amortization | $13.4M | $13.6M | $10.3M | — |
| Stock-based compensation | $18.9M | $3.8M | $2.7M | — |
| Capital expenditure | $144.7M | $82.7M | $17.2M | — |
| Free cash flow | -$205.6M | -$108.2M | -$32.6M | — |
| Share repurchases | $27.7M | $0 | $0 | — |
| Impairments | $0 | $3.6M | $0 | — |
Shares outstanding 59.3M · Free float 61.7%
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.