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Sidus Space Inc Financials

SIDU
Source SEC Filings (10-K/10-Q) Data as of Mar 31, 2026 Currency USD FYE December

This page shows Sidus Space Inc (SIDU) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI SIDU FY2025

Fresh financing is funding an asset build-out while revenue remains too small to absorb operating costs.

Between recent filings, total assets more than tripled to $66.1M while revenue fell to $3.4M, showing capital is being deployed ahead of customer demand rather than scaled from it. That is why cash ended at $43.2M even as free cash flow burned $26.3M: the stronger balance sheet came from financing, not from the business paying for its own expansion.

Overhead is sized for a business far larger than the current sales base: selling and administrative costs reached $22.3M while revenue was only $3.4M. With gross profit also negative, the company is not yet at a point where additional volume would naturally drop through to earnings.

Accounting losses overstate near-term cash burn because a growing depreciation charge now reflects prior asset purchases, not just current operating strain. But capital spending of $8.2M still pulled free cash flow down to -$26.3M, so expansion spending is a real cash use rather than just a non-cash charge.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Cash Runway Dilution R&D Intensity Revenue Progress Burn Trend Balance Sheet 33 / 100
Financial Health Score 33/100
Scored as: Emerging companies peer group

Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Sidus Space Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Cash Runway
61
Revenue Progress
18
Burn Trend
25
Balance Sheet
91
Altman Z-Score Safe
4.84

Sidus Space Inc scores 4.84, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($191.8M) relative to total liabilities ($15.5M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial
3/7

Sidus Space Inc passes 3 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 2 of 4 profitability signals pass, all 1 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Low Quality
0.62x

For every $1 of reported earnings, Sidus Space Inc generates $0.62 in operating cash flow (-$18.2M OCF vs -$29.5M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk
-310.7x

Sidus Space Inc earns $-310.7 in operating income for every $1 of interest expense (-$28.0M vs $90K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue
$3.4M
YoY-27.6%
5Y CAGR+13.4%

Sidus Space Inc generated $3.4M in revenue in fiscal year 2025. This represents a decrease of 27.6% from the prior year.

EBITDA
-$23.6M
YoY-74.5%

Sidus Space Inc's EBITDA was -$23.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 74.5% from the prior year.

Net Income
-$29.5M
YoY-68.2%

Sidus Space Inc reported -$29.5M in net income in fiscal year 2025. This represents a decrease of 68.2% from the prior year.

EPS (Diluted)
$-1.19
YoY+66.9%

Sidus Space Inc earned $-1.19 per diluted share (EPS) in fiscal year 2025. This represents an increase of 66.9% from the prior year.

Cash & Balance Sheet

Free Cash Flow
-$26.3M
YoY-13.0%

Sidus Space Inc generated -$26.3M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 13.0% from the prior year.

Cash & Debt
$43.2M
YoY+174.9%
5Y CAGR+363.6%

Sidus Space Inc held $43.2M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share
N/A
Shares Outstanding
N/A

Margins & Returns

Gross Margin
-168.2%
YoY-136.8pp
5Y CAGR-169.4pp

Sidus Space Inc's gross margin was -168.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 136.8 percentage points from the prior year.

Operating Margin
-827.7%
YoY-491.3pp
5Y CAGR-742.8pp

Sidus Space Inc's operating margin was -827.7% in fiscal year 2025, reflecting core business profitability. This is down 491.3 percentage points from the prior year.

Net Margin
-871.0%
YoY-496.0pp
5Y CAGR-785.6pp

Sidus Space Inc's net profit margin was -871.0% in fiscal year 2025, showing the share of revenue converted to profit. This is down 496.0 percentage points from the prior year.

Return on Equity
-58.2%
YoY+16.3pp

Sidus Space Inc's ROE was -58.2% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 16.3 percentage points from the prior year.

Capital Allocation

R&D Spending
N/A
Share Buybacks
N/A
Capital Expenditures
$8.2M
YoY+9.4%
5Y CAGR+348.4%

Sidus Space Inc invested $8.2M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 9.4% from the prior year.

SIDU Income Statement

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Revenue $359K-38.7% $586K-54.8% $1.3M+2.9% $1.3M+428.7% $238K-71.1% $826K-55.8% $1.9M+101.5% $928K
Cost of Revenue $1.4M-39.4% $2.3M-10.5% $2.6M+13.5% $2.3M+22.6% $1.9M+18.5% $1.6M-13.9% $1.8M+3.5% $1.8M
Gross Profit -$1.1M+39.6% -$1.7M-33.8% -$1.3M-26.5% -$1.0M+36.9% -$1.6M-117.1% -$750K-2065.2% $38K+104.5% -$841K
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $4.4M-52.4% $9.3M+114.1% $4.3M+1.6% $4.3M-4.1% $4.4M+2.5% $4.3M+35.1% $3.2M+5.0% $3.1M
Operating Income -$5.5M+50.3% -$11.0M-95.6% -$5.6M-6.4% -$5.3M+12.9% -$6.1M-19.4% -$5.1M-60.4% -$3.2M+18.6% -$3.9M
Interest Expense $879-92.1% $11K+920.5% $1K-57.3% $3K-96.6% $75K-76.7% $324K-49.5% $642K+245.0% $186K
Income Tax N/A N/A N/A N/A N/A N/A N/A N/A
Net Income -$5.2M+54.3% -$11.4M-89.0% -$6.0M-7.3% -$5.6M+12.3% -$6.4M-13.0% -$5.7M-45.4% -$3.9M+5.6% -$4.1M
EPS (Diluted) $-0.08 N/A $-0.24+22.6% $-0.31+11.4% $-0.35 N/A $-0.93+6.1% $-0.99

SIDU Balance Sheet

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Total Assets $51.6M-21.9% $66.1M+65.8% $39.9M+34.3% $29.7M-12.7% $34.0M-10.0% $37.7M+63.4% $23.1M+5.8% $21.8M
Current Assets $33.2M-34.6% $50.7M+139.8% $21.1M+89.2% $11.2M-32.4% $16.5M-25.8% $22.3M+141.1% $9.2M+11.2% $8.3M
Cash & Equivalents $27.3M-36.7% $43.2M+239.1% $12.7M+250.3% $3.6M-69.0% $11.7M-25.4% $15.7M+1175.3% $1.2M-14.7% $1.4M
Inventory N/A N/A $188K-49.1% $370K+158.8% $143K-44.1% $256K-85.0% $1.7M+21.4% $1.4M
Accounts Receivable $216K N/A N/A N/A N/A N/A N/A N/A
Goodwill N/A N/A N/A N/A N/A N/A N/A N/A
Total Liabilities $4.2M-72.6% $15.5M-2.6% $15.9M+3.3% $15.4M+7.9% $14.2M+0.1% $14.2M+2.8% $13.8M+58.2% $8.7M
Current Liabilities $3.9M-74.2% $15.0M-2.2% $15.4M+4.0% $14.8M+3.9% $14.2M+0.1% $14.2M+2.8% $13.8M+58.2% $8.7M
Long-Term Debt N/A N/A N/A N/A N/A N/A N/A N/A
Total Equity $47.4M-6.5% $50.6M+111.1% $24.0M+67.5% $14.3M-27.5% $19.8M-16.1% $23.5M+153.7% $9.3M-29.2% $13.1M
Retained Earnings -$95.0M-5.8% -$89.8M-14.5% -$78.4M-8.3% -$72.4M-8.4% -$66.8M-10.6% -$60.4M-10.4% -$54.7M-7.7% -$50.8M

SIDU Cash Flow Statement

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Operating Cash Flow -$5.6M-38.1% -$4.1M+34.3% -$6.2M-34.1% -$4.6M-44.6% -$3.2M+42.1% -$5.5M-103.7% -$2.7M-26.3% -$2.2M
Capital Expenditures $3.7M+54.6% $2.4M+66.1% $1.4M+4.4% $1.4M-53.8% $3.0M+25.6% $2.4M+129.2% $1.0M-43.7% $1.8M
Free Cash Flow -$9.3M-44.2% -$6.5M+15.4% -$7.7M-27.3% -$6.0M+2.8% -$6.2M+21.8% -$7.9M-110.7% -$3.8M+5.9% -$4.0M
Investing Cash Flow -$3.7M-54.6% -$2.4M-66.1% -$1.4M-4.4% -$1.4M+53.8% -$3.0M-25.6% -$2.4M-129.2% -$1.0M+43.7% -$1.8M
Financing Cash Flow -$6.5M-117.6% $36.9M+120.3% $16.8M+912.3% -$2.1M-194.0% $2.2M-90.2% $22.4M+532.2% $3.5M+579.7% -$738K
Dividends Paid N/A N/A N/A N/A N/A N/A N/A N/A
Share Buybacks N/A N/A N/A N/A N/A N/A N/A N/A

SIDU Financial Ratios

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Gross Margin -292.2%+4.2pp -296.4%-196.4pp -100.1%-18.6pp -81.5%+601.4pp -682.8%-592.0pp -90.8%-92.9pp 2.0%+92.7pp -90.7%
Operating Margin -1522.0%+356.4pp -1878.5%-1444.6pp -433.8%-14.3pp -419.5%+2126.8pp -2546.4%-1930.4pp -616.0%-446.2pp -169.7%+250.5pp -420.2%
Net Margin -1450.2%+494.4pp -1944.6%-1479.7pp -464.8%-18.8pp -446.1%+2243.6pp -2689.6%-2002.6pp -687.1%-478.3pp -208.8%+237.1pp -445.9%
Return on Equity -11.0%+11.5pp -22.5%+2.6pp -25.2%+14.1pp -39.3%-6.8pp -32.5%-8.4pp -24.1%+18.0pp -42.1%-10.5pp -31.6%
Return on Assets -10.1%+7.1pp -17.3%-2.1pp -15.1%+3.8pp -19.0%-0.1pp -18.9%-3.9pp -15.0%+1.9pp -16.9%+2.0pp -18.9%
Current Ratio 8.56+5.2 3.37+2.0 1.38+0.6 0.76-0.4 1.16-0.4 1.57+0.9 0.67-0.3 0.95
Debt-to-Equity 0.09-0.2 0.31-0.4 0.66-0.4 1.07+0.4 0.72+0.1 0.60-0.9 1.49+0.8 0.67
FCF Margin -2596.9%-1492.9pp -1104.0%-514.3pp -589.8%-112.8pp -476.9%+2116.7pp -2593.6%-1636.0pp -957.5%-756.7pp -200.8%+229.3pp -430.1%

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Frequently Asked Questions

Sidus Space Inc (SIDU) reported $3.4M in total revenue for fiscal year 2025. This represents a -27.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Sidus Space Inc (SIDU) revenue declined by 27.6% year-over-year, from $4.7M to $3.4M in fiscal year 2025.

No, Sidus Space Inc (SIDU) reported a net income of -$29.5M in fiscal year 2025, with a net profit margin of -871.0%.

Sidus Space Inc (SIDU) reported diluted earnings per share of $-1.19 for fiscal year 2025. This represents a 66.9% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Sidus Space Inc (SIDU) had EBITDA of -$23.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

Sidus Space Inc (SIDU) had a gross margin of -168.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Sidus Space Inc (SIDU) had an operating margin of -827.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Sidus Space Inc (SIDU) had a net profit margin of -871.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Sidus Space Inc (SIDU) has a return on equity of -58.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Sidus Space Inc (SIDU) generated -$26.3M in free cash flow during fiscal year 2025. This represents a -13.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Sidus Space Inc (SIDU) generated -$18.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Sidus Space Inc (SIDU) had $66.1M in total assets as of fiscal year 2025, including both current and long-term assets.

Sidus Space Inc (SIDU) invested $8.2M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Sidus Space Inc (SIDU) had a current ratio of 3.37 as of fiscal year 2025, which is generally considered healthy.

Sidus Space Inc (SIDU) had a debt-to-equity ratio of 0.31 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Sidus Space Inc (SIDU) had a return on assets of -44.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Based on fiscal year 2025 data, Sidus Space Inc (SIDU) had $43.2M in cash against an annual operating cash burn of $18.2M. This gives an estimated cash runway of approximately 29 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

Sidus Space Inc (SIDU) has an Altman Z-Score of 4.84, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Sidus Space Inc (SIDU) has a Piotroski F-Score of 3 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Sidus Space Inc (SIDU) has an earnings quality ratio of 0.62x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Sidus Space Inc (SIDU) has an interest coverage ratio of -310.7x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

Sidus Space Inc (SIDU) scores 33 out of 100 on our Financial Health Score, indicating weak standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.

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