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Voyager Technologies, Inc./DE (VOYG) Stock Fundamental Analysis & AI Rating 2026

VOYG NYSE Guided Missiles & Space Vehicles & Parts DE CIK: 0001788060
Recently Updated • Analysis: Apr 18, 2026 • SEC Data: 2025-12-31
SELL
85% Conf
Pending
Analysis scheduled

📊 VOYG Key Takeaways

Revenue: $166.4M
Net Margin: -63.0%
Free Cash Flow: $-205.6M
Current Ratio: 4.37x
Debt/Equity: 0.00x
EPS: $-2.89
AI Rating: SELL with 85% confidence
Voyager Technologies, Inc./DE (VOYG) receives a SELL rating with 85% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $166.4M, net profit margin of -63.0%, and return on equity (ROE) of -27.3%, Voyager Technologies, Inc./DE demonstrates mixed fundamentals in the Market sector. Below is our complete VOYG stock analysis for 2026.

Is Voyager Technologies, Inc./DE (VOYG) a Good Investment?

Claude

Voyager Technologies exhibits severe operational distress with -63% net margins and -$205.6M negative free cash flow despite 15.4% revenue growth, indicating the business model is not yet viable at scale. While the balance sheet provides 2+ years of cash runway at current burn rates and the defense/aerospace sector is strategically favorable, the company must demonstrate a clear path to profitability and positive operating cash flow to justify further investment. Current trajectory suggests capital is being deployed inefficiently without proportional margin improvement.

Why Buy Voyager Technologies, Inc./DE Stock? VOYG Key Strengths

Claude
  • + Revenue growth of 15.4% YoY demonstrates market demand
  • + Strong liquidity with $491.3M cash and 4.37x current ratio provides operational runway
  • + Zero long-term debt and fortress balance sheet with minimal leverage

VOYG Stock Risks: Voyager Technologies, Inc./DE Investment Risks

Claude
  • ! Catastrophic free cash flow of -$205.6M annually; business is burning cash despite revenue growth
  • ! Operating margin of -65.2% and net margin of -63.0% indicate severe structural unprofitability
  • ! Negative operating cash flow of -$60.9M suggests fundamental business model viability issues

Key Metrics to Watch

Claude
  • * Operating cash flow inflection point to positive territory
  • * Gross margin expansion and operating leverage as revenue scales
  • * Capital expenditure returns and free cash flow path to breakeven

Voyager Technologies, Inc./DE (VOYG) Financial Metrics & Key Ratios

Revenue
$166.4M
Net Income
$-104.8M
EPS (Diluted)
$-2.89
Free Cash Flow
$-205.6M
Total Assets
$1.1B
Cash Position
$491.3M

💡 AI Analyst Insight

Strong liquidity with a 4.37x current ratio provides a solid financial cushion.

VOYG Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin -65.2%
Net Margin -63.0%
ROE -27.3%
ROA -10.0%
FCF Margin -123.6%

VOYG vs Market Sector: How Voyager Technologies, Inc./DE Compares

How Voyager Technologies, Inc./DE compares to Market sector averages

Net Margin
VOYG -63.0%
vs
Sector Avg 12.0%
VOYG Sector
ROE
VOYG -27.3%
vs
Sector Avg 15.0%
VOYG Sector
Current Ratio
VOYG 4.4x
vs
Sector Avg 1.8x
VOYG Sector
Debt/Equity
VOYG 0.0x
vs
Sector Avg 0.7x
VOYG Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Voyager Technologies, Inc./DE Stock Overvalued? VOYG Valuation Analysis 2026

Based on fundamental analysis, Voyager Technologies, Inc./DE has mixed fundamental signals relative to the Market sector in 2026.

Return on Equity
-27.3%
Sector avg: 15%
Net Profit Margin
-63.0%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Voyager Technologies, Inc./DE Balance Sheet: VOYG Debt, Cash & Liquidity

Current Ratio
4.37x
Quick Ratio
4.34x
Debt/Equity
0.00x
Debt/Assets
59.1%
Interest Coverage
N/A
Long-term Debt
N/A

VOYG Revenue & Earnings Growth: 5-Year Financial Trend

VOYG 5-year financial data: Year 2025: Revenue $166.4M, Net Income -$25.4M, EPS $-3.65.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Voyager Technologies, Inc./DE's revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $-3.65 indicates the company is currently unprofitable.

VOYG Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-123.6%
Free cash flow / Revenue

VOYG Quarterly Earnings & Performance

Quarterly financial performance data for Voyager Technologies, Inc./DE including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $39.6M -$15.0M $-0.28
Q2 2025 $36.7M -$23.3M $-1.23

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Voyager Technologies, Inc./DE Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$60.9M
Cash generated from operations
Stock Buybacks
$27.7M
Shares repurchased (TTM)
Capital Expenditures
$144.7M
Investment in assets
Dividends
None
No dividend program

VOYG SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Voyager Technologies, Inc./DE (CIK: 0001788060)

📋 Recent SEC Filings

Date Form Document Action
Apr 17, 2026 DEF 14A voyg-20260417.htm View →
Mar 10, 2026 10-K voyg-20251231.htm View →
Mar 9, 2026 8-K voyg-20260309.htm View →
Jan 15, 2026 4 xslF345X05/wk-form4_1768524325.xml View →
Jan 15, 2026 4 xslF345X05/wk-form4_1768524300.xml View →

Frequently Asked Questions about VOYG

What is the AI rating for VOYG?

Voyager Technologies, Inc./DE (VOYG) has an AI rating of SELL with 85% confidence, based on fundamental analysis of SEC EDGAR filings.

What are VOYG's key strengths?

Claude: Revenue growth of 15.4% YoY demonstrates market demand. Strong liquidity with $491.3M cash and 4.37x current ratio provides operational runway.

What are the risks of investing in VOYG?

Claude: Catastrophic free cash flow of -$205.6M annually; business is burning cash despite revenue growth. Operating margin of -65.2% and net margin of -63.0% indicate severe structural unprofitability.

What is VOYG's revenue and growth?

Voyager Technologies, Inc./DE reported revenue of $166.4M.

Does VOYG pay dividends?

Voyager Technologies, Inc./DE does not currently pay dividends.

Where can I find VOYG SEC filings?

Official SEC filings for Voyager Technologies, Inc./DE (CIK: 0001788060) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is VOYG's EPS?

Voyager Technologies, Inc./DE has a diluted EPS of $-2.89.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is VOYG a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Voyager Technologies, Inc./DE has a SELL rating with 85% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is VOYG stock overvalued or undervalued?

Valuation metrics for VOYG: ROE of -27.3% (sector avg: 15%), net margin of -63.0% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy VOYG stock in 2026?

Our dual AI analysis gives Voyager Technologies, Inc./DE a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is VOYG's free cash flow?

Voyager Technologies, Inc./DE's operating cash flow is $-60.9M, with capital expenditures of $144.7M. FCF margin is -123.6%.

How does VOYG compare to other Market stocks?

Vs Default sector averages: Net margin -63.0% (avg: 12%), ROE -27.3% (avg: 15%), current ratio 4.37 (avg: 1.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 18, 2026 | Data as of: 2025-12-31 | Powered by Claude AI