Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling, general, and administrative

Loss on impairment

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Terran Orbital Corp

Terran Orbital Corp. engages in the development and operation of small satellites and earth observation solutions. It provides small satellite solutions for military, the intelligence community, and civil and commercial customers. The company was founded by Marc H. Bell and Anthony Previte in 2013 and is headquartered in Boca Raton, FL.

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Terran Orbital Corp reports strong revenue growth amidst profitability challenges

Terran Orbital Corp's Q4 2022 performance showcased robust revenue growth but highlighted challenges with profitability and cost management. The company's strengths lie in its market credibility, in-house component manufacturing, and strategic partnerships. To capitalize on opportunities, Terran Orbital must convert its pipeline, control costs, and navigate cash flow fluctuations effectively.

Terran Orbital Corp reports record revenue and strong order backlog

Terran Orbital Corp's Q1 2023 performance reflects robust revenue growth and a strong order backlog, positioning the company for continued success.
While facing challenges in profitability and cost management, the company's strategic investments in manufacturing and diverse revenue drivers offer growth opportunities.
Anticipated sales exceeding $250 million in 2023, coupled with ongoing capacity expansions and technological advancements, signal a positive outlook for Terran Orbital Corp.
The company's focus on key clients like Rivada and the Space Development Agency, alongside plans for revenue diversification, underpin its resilience and potential for future expansion.

Terran Orbital Corp excels in Q2, poised for satellite market leadership

Terran Orbital Corp's Q2 performance reflects strong growth momentum and strategic positioning in the satellite industry.
The company's focus on operational efficiency, technological advancement, and customer relationships bodes well for future success.
With a solid backlog, new contracts, and expansion initiatives, Terran Orbital is poised for continued growth and market leadership.

Terran Orbital reports robust Q3 growth but faces cash challenges

Terran Orbital's Q3 2023 earnings call showcased strong revenue growth and business prospects, but challenges with negative adjusted EBITDA and cash on hand. The company's focus on commercial space demand and potential for cash flow positivity in 2024 indicate a resilient market position. Opportunities for growth lie in upcoming announcements and financial optimization strategies.

Terran Orbital Corp reports mixed Q1 performance but eyes growth

Terran Orbital Corp's Q1 2024 earnings call highlighted a mixed performance with revenue decrease and negative adjusted EBITDA, offset by a strong backlog and growth opportunities. The company's efficiency strategies and vertical integration are key strengths, while challenges include subcontractor issues and cash balance requirements. Terran is well-positioned for growth in the satellite industry.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Terran Orbital Corp. engages in the manufacture of satellite products. It operates through the Satellite Solutions and Earth Observation Solutions segments. The Satellite Solutions segment designs, builds, and operates satellites. It also includes modern facilities and global ground station network to deliver end-to-end satellite solutions, including spacecraft design, development, launch services, and on-orbit operations for critical missions across a number of applications in a variety of orbits to governmental agencies and commercial businesses. The Earth Observation Solutions segment develops constellation of company-owned Earth observation satellites featuring synthetic aperture radar capabilities to provide Earth observation data and mission solutions. The company was founded by Marc H. Bell and Anthony L. Previte in 2013 and is headquartered in Boca Raton, FL.

Terran Orbital is a global provider of end-to-end satellite solutions, including engineering, manufacturing, launch planning, mission operations, and in-orbit support.

The specific applications for these solutions include defense and intelligence, communications, weather and climate, disaster recovery, and navigation.

Terran Orbital is expanding its solutions beyond small satellites through the development of NextGen Earth Observation constellations, which provide persistent, real-time earth imagery.

The company serves military, civil and commercial customers, and generated $55.5M in LTM (last twelve months) revenue as of Q2 2022. 65% of the revenue came from the U.S. government, 25% from commercial customers, and 9% from foreign governments. 

The company reported a $16 billion revenue pipeline and $224.1 million backlog as of June 2022, with 90% of the backlog expected to convert to revenue by the end of 2023.

These are the three key initiatives as outlined by Terran Orbital.

Terran describes its strategy within three main initiatives: becoming one of the largest vertically-integrated satellite manufacturing facilities, developing advanced satellites for real-time earth imagery, and building its strategic relationship with Lockheed Martin.

Terran’s strategic agreement with Lockheed was initiated in 2017 and recently extended into 2031, with expanding coverage of satellite sizes provided to the defense company. 

In 2022 the company announced plans to significantly expand manufacturing capabilities in Irvine, Calif., and proposed plans for a new facility in Florida, as well. 

Terran views itself as a pioneer of the exponentially growing “new space revolution” and believes that the space industry is at an inflection point with the proliferation of small satellites–which they are well positioned to serve.

LLAP Investor Relations (https://investors.terranorbital.com/)

*This content is for educational purposes and is not investment advice.


BOCA RATON, Fla.--(BUSINESS WIRE)---- $LLAP #TerranOrbital--Terran Orbital Corporation (NYSE: LLAP), a global leader in satellite solutions, primarily serving the United States aerospace and defense industry, today announced that it will present at the Stifel 2022 Cross Sector Insight Conference. The conference will take place June 7-9 in Boston. Terran Orbital Chief Financial Officer Gary Hobart will present at 3:35 p.m. ET on June 9. In addition to the group presentation, one-on-one meetings are being held. To schedu

Terran Orbital to Present at Stifel 2022 Cross Sector Insight Conference

BOCA RATON, Fla.--(BUSINESS WIRE)---- $LLAP #TerranOrbital--Terran Orbital Corporation (NYSE: LLAP), a global leader in satellite solutions, primarily serving the United States aerospace and defense industry, today announced all six Terran Orbital designed and built satellites that launched on the SpaceX Falcon 9 rocket as part of the Transporter-5 mission have successfully deployed on their journey to Low Earth Orbit (LEO). The Terran Orbital satellites include two NASA CubeSat Proximity Operations Demonstration (CPOD

All Six Terran Orbital Designed and Built Satellites Successfully Deploy From SpaceX Transporter-5

BOCA RATON, Fla.--(BUSINESS WIRE)---- $LLAP #TerranOrbital--Terran Orbital Corporation (NYSE: LLAP), a global leader in small satellite solutions, primarily serving the United States aerospace and defense industry, today announced that its subsidiary, PredaSAR Corporation, received a contract award from the Defense Advanced Research Projects Agency (DARPA) under an Other Transaction Authority for Prototype Agreement. Specific terms of the Agreement were not disclosed. This Agreement aims to research synthetic aperture

Terran Orbital Announces Defense Advanced Research Projects Agency Contract Award

BOCA RATON, Fla.--(BUSINESS WIRE)---- $LLAP #TerranOrbital--Terran Orbital Corporation (NYSE: LLAP), a global leader in satellite solutions, primarily serving the United States aerospace and defense industry, today announced it delivered its CubeSat Proximity Operations Demonstration (CPOD) satellite to the Cape Canaveral Space Force Station in Florida for integration into the SpaceX Transporter-5 launch vehicle. The CPOD project is being led by Terran Orbital with funding from NASA's Small Spacecraft Technology progra

Terran Orbital Delivers NASA's CubeSat Proximity Operations Demonstration to SpaceX Transporter-5 for Launch

Terran Orbital Corporation (NYSE:LLAP ) Q1 2022 Earnings Conference Call May 13, 2022 8:30 AM ET Company Participants Marc Bell – Co-Founder, Chairman & Chief Executive Officer Gary Hobart – Chief Financial Officer, Executive Vice President Conference Call Participants Greg Konrad – Jefferies Robert Spingarn – Melius Research Josh Sullivan – The Benchmark Company Austin Moeller – Canaccord Genuity Suji Desilva – ROTH Capital Partners Eric Bippen – Stifel Financial Corp. Ruben Roy – WestPark Capital Operator Hello everyone, and welcome to the Terran Orbital First Quarter 2022 Earnings Call. My name is Victoria and I will be coordinating your call today.

Terran Orbital Corporation (LLAP) CEO Marc Bell on Q1 2022 Results - Earnings Call Transcript

BOCA RATON, Fla.--(BUSINESS WIRE)--Terran Orbital Corporation (NYSE: LLAP) ("Terran Orbital" or the "Company"), a leading small satellite manufacturer primarily serving the United States aerospace and defense industry, today announced financial results and operational highlights for its first fiscal quarter ending March 31, 2022. First Quarter 2022 Highlights Generated $13.1 million of revenues, a 25% increase from first quarter of 2021 Signed record $162 million of new contracts during the qua

Terran Orbital Reports First Quarter 2022 Financial Results

BOCA RATON, Fla.--(BUSINESS WIRE)---- $LLAP #TerranOrbital--A multimedia asset accompanying this release has been removed. The release reads: TERRAN ORBITAL SHIPS FLEET SPACE CENTAURI-5 SATELLITE TO CAPE CANAVERAL FOR SPACEX TRANSPORTER-5 LAUNCH Terran Orbital Corporation (NYSE: LLAP), a global leader in satellite solutions, primarily serving the United States aerospace and defense industry, today announced it shipped its CENTAURI-5 satellite to Cape Canaveral in preparation for the SpaceX Transporter-5 launch. The CEN

CORRECTING and REPLACING Terran Orbital Ships Fleet Space CENTAURI-5 Satellite to Cape Canaveral for SpaceX Transporter-5 Launch

BOCA RATON, Fla.--(BUSINESS WIRE)---- $LLAP #TerranOrbital--Terran Orbital Corporation (NYSE: LLAP), a global leader in satellite solutions, primarily serving the United States aerospace and defense industry, today announced it shipped its CENTAURI-5 satellite to Cape Canaveral in preparation for the SpaceX Transporter-5 launch. The CENTAURI-5 spacecraft is part of a constellation commissioned by Fleet Space Technologies to deliver global connectivity solutions specifically designed for the energy, utilities, and resou

Terran Orbital Ships Fleet Space CENTAURI-5 Satellite to Cape Canaveral for SpaceX Transporter-5 Launch

BOCA RATON, Fla.--(BUSINESS WIRE)---- $LLAP #TerranOrbital--Terran Orbital Corporation (NYSE: LLAP), a global leader in satellite solutions, primarily serving the United States aerospace and defense industry, today announced the successful delivery of the first of ten satellite buses to Lockheed Martin in support of the Space Development Agency's Tranche 0 Transport Layer. This foundation layer represents the initial step in building an interoperable, connected secure mesh network. Once in orbit, Tranche 0 will demonst

Terran Orbital Delivers First Bus to Lockheed Martin in Support of Space Development Agency's Transport Layer Tranche 0

IRVINE, Calif.--(BUSINESS WIRE)--Terran Orbital Corporation (NYSE: LLAP), a global leader in satellite solutions, primarily serving the United States aerospace and defense industry, today announced it has shipped its CAPSTONE satellite to a launch site on the Mahia Peninsula of New Zealand. CAPSTONE will launch on a Rocket Lab Electron rocket using a Lunar Photon satellite upper stage to send the spacecraft on its planned lunar transfer trajectory. This historic pathfinding mission supports NAS

Terran Orbital Ships CAPSTONE Satellite to New Zealand to Prepare for Integration Into Rocket Lab Launch Vehicle

IRVINE, Calif. , May 4, 2022 /PRNewswire/ -- Terran Orbital Corporation (NYSE: LLAP), a global leader in satellite solutions, primarily serving the United States aerospace and defense industry, is proud to announce Chief Financial Officer Gary Hobart has been nominated for the Orange County Business Journal's 15th Annual CFO of the Year Award.

Terran Orbital's Gary Hobart Nominated for Orange County Business Journal's 15th Annual CFO of the Year Award

BOCA RATON, Fla.--(BUSINESS WIRE)--Terran Orbital Corporation (NYSE: LLAP) ("Terran Orbital" or the "Company"), a leading small satellite manufacturer primarily serving the United States aerospace and defense industry, today announced it will host the Company's first quarter 2022 results conference call on May 13, 2022 at 8:30 a.m. ET. Participating on the call will be Terran Orbital's Chief Executive Officer, Marc Bell, and Chief Financial Officer, Gary Hobart, who will discuss operational and

Terran Orbital Schedules Conference Call to Discuss First Quarter 2022 Financial Results

BOCA RATON, Fla. , May 2, 2022 /PRNewswire/ -- Terran Orbital Corporation (NYSE: LLAP), a global leader in satellite solutions, primarily serving the United States aerospace and defense industry, today announced it shipped two next-generation satellites from GeoOptics, a global leader in remote Earth observation.

Terran Orbital Ships Two GeoOptics Satellites to Cape Canaveral for Integration Ahead of SpaceX's Transporter-5 Mission

BOCA RATON, Fla., April 8, 2022 /PRNewswire/ -- Terran Orbital Corporation (NYSE: LLAP), a global leader in satellite solutions, primarily serving the United States aerospace and defense industry, announced today that it will present at the Jefferies Virtual Space Summit at 4:00 p.m.

Terran Orbital to Present at Jefferies Virtual Space Summit

BOCA RATON, Fla. , March 29, 2022 /PRNewswire/ -- Terran Orbital Corporation (NYSE: LLAP), a global leader in satellite solutions, primarily serving the aerospace and defense industry, announced today that it will present at the Canaccord Genuity NewSpace Investor Summit.

Terran Orbital to Present at Canaccord Genuity NewSpace Investor Summit

Spacecraft manufacturer Terran Orbital began trading on the New York Stock Exchange on Monday after closing its SPAC merger.

Terran Orbital starts trading on the NYSE with $200 million in outstanding spacecraft orders

Terran Orbital to Ring Opening Bell at the New York Stock Exchange Today, March 28, 2022, at 9:30 a.m. in Celebration of the New Listing BOCA RATON, Fla.

News for Terran Orbital Corp Stock (LLAP)