| Metric | Value ($ M) | Q2 FY25 | Q3 FY24 |
|---|---|---|---|
| Revenue | 0.56 | 18.8% | 68.2% |
| Total Income | 0.56 | 18.8% | 68.2% |
| Expenditure | 6.19 | 3.5% | 25.6% |
| PBT | -6.03 | 7.1% | 54.6% |
| Net Profit | -6.03 | 7.1% | 54.6% |
| OPM | — | ||
| NPM | — | ||
| EPS | -0.24 | 22.6% | 74.2% |
Sidus Space Reports Q3 2025 Revenue of $1.3 Million
04 May 2026 · 4 May, 7:08 am
Summary
Sidus Space announced its Q3 2025 financial results, reporting revenue of $1.3 million, a 31% decrease compared to the same period last year. The company's cost of revenue increased, leading to a gross loss of $1.3 million. SG&A expenses also rose, contributing to an adjusted EBITDA loss of $4.0 million and a net loss of $6.0 million. The company's cash position as of September 30, 2025, was $12.7 million.
Key Highlights
- 1
Sidus Space reported revenue of $1.3 million for Q3 2025, a decrease of 31% compared to $1.9 million in Q3 2024.
- 2
The company's cost of revenue increased by 42% to $2.6 million in Q3 2025, up from $1.8 million in Q3 2024.
- 3
Sidus Space experienced a gross loss of $1.3 million in Q3 2025, compared to a $38 thousand profit in Q3 2024.
- 4
SG&A expenses rose to $4.3 million in Q3 2025, compared to $3.2 million in Q3 2024.
- 5
The adjusted EBITDA loss was $4.0 million in Q3 2025, compared to a loss of $2.5 million in Q3 2024.
- 6
Net loss for Q3 2025 was $6.0 million, versus $3.9 million in Q3 2024.
- 7
As of September 30, 2025, Sidus Space's cash position was $12.7 million, compared to $15.7 million a year earlier.
Management Comments
Carol Craig
“Q3 was about executing on existing contracts and furthering our efforts to expand our vertically integrated product offerings. We continued laying the groundwork to convert our technology foundation into meaningful commercial opportunities. We advanced design and manufacturing across multiple LizzieSat® platforms, broadened our Fortis™ VPX and FeatherEdge™ product families with new designs, and continued to position Orlaith™ AI as a differentiator for multi-domain autonomy and analytics. We remain focused on disciplined execution by aligning spend to near-term revenue milestones, identifying operational efficiencies in the form of expense reductions, strengthening our intellectual property, expanding our global partnerships, and accelerating our path to commercialization across space and defense markets as we close out the year.”
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