Voyager Technologies 2025 Q2 Earnings Losses Narrow but Stock Falls

Voyager Technologies (VOYG) released its fiscal 2025 Q2 earnings report on August 5, 2025. The company posted revenue growth and narrowed its per-share loss, though the stock continued to decline sharply post-earnings.

The total revenue of Voyager Technologies increased by 24.6% to $45.67 million in 2025 Q2, up from $36.65 million in 2024 Q2.

Earnings/Net Income
Voyager Technologies narrowed its losses to $1.23 per share in 2025 Q2, representing a 46.3% improvement from a loss of $2.29 per share in 2024 Q2. However, the company’s net loss widened to $-33.06 million in 2025 Q2, reflecting a 26.9% increase from the $-26.05 million loss in the prior year period. Despite improved EPS, the company continues to report significant net losses.

Price Action
The stock price of Voyager Technologies has tumbled 12.70% during the latest trading day, dropped 12.00% during the most recent full trading week, and declined 19.34% month-to-date.

Post-Earnings Price Action Review
Following the earnings release, a strategy of buying VOYG after a positive earnings beat and holding for 30 days yielded a sharp loss of -34.85%, underperforming the benchmark by the same margin. The strategy exhibited a maximum drawdown of 0% and a Sharpe ratio of -0.78, signaling elevated risk and poor risk-adjusted returns.

CEO Commentary
Voyager Technologies CEO Dylan Taylor highlighted the company’s record net sales of $45.7 million for Q2 2025, driven by a 25% year-over-year increase and 85% growth in the Defense and National Security segment. He emphasized progress on strategic programs like the Next Generation Interceptor and achieving four NASA milestones for Starlab, resulting in $22.5 million in cash proceeds. Taylor also underscored Voyager’s debt-free position and $668.9 million in total liquidity, with a continued focus on disciplined growth and expanded customer capabilities to drive long-term shareholder value.

Guidance
For full year 2025, Voyager expects total net sales in the range of $165 million to $170 million and non-GAAP Adjusted EBITDA between $(63) million and $(60) million. These estimates remain subject to risks, including contract execution, government spending changes, and competitive and regulatory dynamics.

Additional News
On August 1, 2025, MarketBeat published a news alert titled “Voyager Technologies (VOYG) News Today,” though the content was unavailable due to technical restrictions. No material non-earnings-related news was disclosed within three weeks of the August 5 earnings release. Voyager Technologies remains focused on its core business segments and strategic initiatives, with no recent announcements related to M&A activity, C-level changes, or dividend or buyback programs.