3 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $166M | -$105M | 18.0% | -65.2% | -$206M | — | $491M |
| 2024 | $144M | -$62M | 24.2% | -33.6% | -$108M | — | $56M |
| 2023 | $136M | -$25M | 20.4% | -10.4% | -$33M | — | — |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $35M | -$44M | -4.4% | -126.7% | -$91M | — | $429M |
| Dec '25 | $47M | -$30M | 21.4% | -72.9% | -$63M | — | $491M |
| Sep '25 | $40M | -$16M | 15.4% | -60.7% | -$54M | — | $413M |
| Jun '25 | $46M | -$31M | 18.0% | -52.8% | — | — | $469M |
| Mar '25 | $35M | -$27M | 16.2% | -76.2% | -$41M | — | — |
| Dec '24 | $38M | -$9M | 26.9% | -31.2% | -$35M | — | $56M |
| Sep '24 | $40M | -$15M | 23.5% | -30.5% | -$21M | — | — |
| Jun '24 | $37M | -$23M | 25.3% | -34.5% | — | — | — |
How the market has priced VOYG against its own fundamentals since 2025-06 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 2 years, Voyager Technologies, Inc./De's revenue has grown 10.6% per year. These are computed facts, not advice.
As of FY2025, Voyager Technologies, Inc./De reported — of total debt against $491M of cash; operating income covered interest expense -15.9×.
In FY2025, gross margin was 18.0%, operating margin -65.2%, and net margin -63.0%.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.