MDA Space (TSX:MDA) Retained Earnings: C$277 Mil (As of Mar. 2026)

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TSX:MDA MDA Space Ltd TSX:MDA
50 GF Score
Price C$44.15
GF Value C$31.65
Valuation Significantly Overvalued
! 2 Warning Signs
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What is MDA Space Retained Earnings?

MDA Space TSX:MDA -5.26% 50 Retained Earnings is C$277 Mil as of Mar. 2026. GuruFocus rates TSX:MDA with a GF Score™ of 50/100 and a GF Value™ of C$31.65 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. MDA Space's retained earnings for the quarter that ended in Mar. 2026 was C$277 Mil.

MDA Space's quarterly retained earnings increased from Sep. 2025 (C$223 Mil) to Dec. 2025 (C$247 Mil) and increased from Dec. 2025 (C$247 Mil) to Mar. 2026 (C$277 Mil).

MDA Space's annual retained earnings increased from Dec. 2023 (C$59 Mil) to Dec. 2024 (C$139 Mil) and increased from Dec. 2024 (C$139 Mil) to Dec. 2025 (C$247 Mil).


MDA Space  (TSX:MDA) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


MDA Space Retained Earnings Historical Data

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The historical data trend for MDA Space's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

MDA Space Retained Earnings Chart

MDA Space Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial -14.40 9.90 58.70 138.70 247.20

MDA Space Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 171.60 198.80 223.20 247.20 276.80
TSX:MDA
50GF Score
MDA Space Ltd TSX:MDA
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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MDA Space Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of C$277 Mil mean?
MDA Space (TSX:MDA) has a Retained Earnings of C$277 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on MDA Space and its competitors.
Is MDA Space's Retained Earnings too high?
MDA Space's current Retained Earnings is C$277 Mil. Overall, MDA Space has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MDA Space's Retained Earnings compare to SPCX and GE?
MDA Space's Retained Earnings of C$277 Mil can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for an Aerospace & Defense company?
A good Retained Earnings depends on the Aerospace & Defense industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on MDA Space and its competitors. MDA Space's current Retained Earnings is C$277 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MDA Space stock overvalued right now?
Based on GuruFocus' analysis, MDA Space (TSX:MDA) is currently considered Significantly Overvalued. The stock's GF Value™ is C$31.65, compared to a current price of C$44.15 — trading 39.5% above its estimated fair value. The current Retained Earnings is C$277 Mil. MDA Space's overall GF Score™ is 50/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For MDA Space (TSX:MDA), the current Retained Earnings is C$277 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is MDA Space (TSX:MDA) Overvalued in 2026?

Based on GuruFocus' analysis, MDA Space stock appears to be overvalued. The current stock price of C$44.15 is trading 39.5% above its estimated GF Value™ of C$31.65. GuruFocus considers MDA Space to be Significantly Overvalued.

Key valuation signals for TSX:MDA:

  • Retained Earnings: C$277 Mil
  • GF Value™: C$31.65 vs. price of C$44.15 (39.5% above fair value)
  • GF Score™: 50/100 with 2 warning signs

No single metric tells the full story. See the TSX:MDA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MDA Space Business Description

Other Exchanges MDA:USA
Address 7500 Financial Drive, Brampton, ON, CAN, L6Y 6K7
MDA Space Ltd is a developer and manufacturer of technology and services to the space industry. It is an international space mission partner and robotics, satellite systems, and geo-intelligence pioneer. It is engaged in communications satellites, Earth and space observation, space exploration, and infrastructure. The Company collaborates and partners with governments and space agencies, commercial space companies, and defence and aerospace prime contractors in the space industry. Geographically, it generates the majority of its revenue from Canada.
50GF Score

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Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$44.15
Price
C$31.65
GF Value