VOYGVoyager Technologies, Inc.
Is the business good?
3 of 9 health tests passed. That is the only one of 4 checks this filer's data supports, so take it as a single data point rather than a settled answer.
Weak, deteriorating fundamentals. Nine pass/fail tests of year-over-year health from the filings.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is VOYG?
Voyager Technologies, Inc. keeps −88% of every revenue dollar as operating profit, against 9.6% for the median Aerospace & Defense name.
Operating margin · Aerospace & Defense median 9.6% · 12 months to Q2 2026
- Share count, year on year
- +97%
Share count, year on year · shareholders own a smaller slice than a year ago
- Gross margin
- 11%
Gross margin
| Year | Operating margin |
|---|---|
| FY2023 | −10% |
| FY2024 | −34% |
| FY2025 | −65% |
Details›
- Gross margin12 months to Q2 2026
- 11%
- Operating margin12 months to Q2 2026
- −88%
- Net margin12 months to Q2 2026
- −79%
- Free cash flow margin
- −165%
- Revenue, trailing twelve months
- $174M
- Free cash flow, trailing twelve months
- −$288M
- Net income, trailing twelve months
- −$137M
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.
Aerospace & Defense
The closest names by size in the same industry