Lyntris Reports Q3 Revenue of $194.4 Million, Raises 2026 Guidance
Revenue rose 90.4% year over year to $194.4 million for the quarter ended September 30, 2026. Lyntris recorded a $3.0 million net loss, reported adjusted EBITDA of $28.5 million and a $1.013 billion backlog. Full-year revenue guidance increased to $623 million–$630 million.
Lyntris Inc. announced its financial results for the third quarter ended September 30, 2026, reporting revenue of $194.4 million, up 90.4% from $102.1 million in the same period last year. The company recorded a net loss of $3.0 million, compared to a $3.5 million loss in the third quarter of 2025, while adjusted EBITDA reached $28.5 million. Lyntris reported a backlog of $1.013 billion at quarter-end and raised its full-year revenue guidance to a range of $623 million to $630 million.
Business performance was driven by growth in maritime domain awareness, air and missile defense, and space ISR programs, including new production orders for the LTAMDS program and qualification of hardware for the SPY-6 radar program.