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Financial statements

Sidus Space Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 6 fiscal years, taken from the XBRL data Sidus Space Inc. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2021FY2021FY2022FY2023FY2024FY2025
Revenue1.811.417.295.964.673.38
Cost of revenue1.791.785.864.326.149.08
Gross profit0.02-0.371.441.64-1.47-5.69
Selling, general and administrative13.514.214.222.3
Selling and marketing0.710.070.56
General and administrative0.270.954.435.586.52
Operating expenses1.553.1513.514.214.222.3
Operating income-1.53-3.51-12-12.5-15.7-28
Interest expense0.020.040.780.751.310.09
Interest income0.040.17
Other non-operating income-0.01-0.23-0.8-1.8-1.81-1.47
Pre-tax income-1.54-3.75-12.8-14.3-17.5-29.5
Income tax00
Net income-1.54-3.75-12.8-14.3-17.5-29.5
EBITDA-1.07-3.12-11.7-12.3-13.5-23.6
EPS, basic-0.15-0.34-74.80-23.44-3.60-1.19
EPS, diluted-0.15-0.34-74.80-23.44-3.60-1.19
Shares, basic (weighted)1011.20.170.624.8724.7
Shares, diluted (weighted)1011.20.170.624.8724.7

Balance sheet

FY2021FY2021FY2022FY2023FY2024FY2025
Cash and equivalents0.0213.72.31.2215.743.2
Receivables0.170.130.85
Inventory0.210.130.580.860.26
Other current assets0.011.60.065.413.434.98
Total current assets0.58167.459.222.350.7
Property, plant and equipment0.950.782.559.5714.914.2
Lease right-of-use assets0.30.50.250.120.120.7
Intangible assets0.40.40.4
Other non-current assets0.010.010.040.060.080.12
Total assets1.8417.310.319.437.766.1
Accounts payable0.531.484.722.073.85
Deferred revenue0.060.06
Total current liabilities8.13.816.3612.214.215
Long-term debt1.12
Lease liabilities0.190.260.060.43
Total liabilities8.436.646.4212.214.215.5
Paid-in capital5.0826.132.149.983.9140
Retained earnings-11.7-15.4-28.3-42.8-60.4-89.8
Shareholders' equity-6.5910.73.887.1323.550.6
Total equity-6.5910.73.887.1323.550.6
Total liabilities and equity1.8417.310.319.437.766.1

Cash flow statement

FY2021FY2021FY2022FY2023FY2024FY2025
Net income-1.54-3.75-12.8-14.3-17.5-29.5
Depreciation and amortization0.470.390.320.222.174.37
Stock-based compensation0.21.211.020.290.85
Change in receivables0.140.03-0.74-0.290.260.56
Change in inventory-0.060.08-0.46-0.270.60.26
Change in payables-0.421.612.053.99-2.032.25
Cash from operations-1.59-2.48-12.1-11.7-15.8-18.2
Capital expenditures-0-0.22-2.1-7.21-7.47-8.17
Acquisitions-0.48
Cash from investing-0-0.22-2.1-7.69-7.47-8.17
Stock issued16.33.2214.833.653
Dividends paid-0.02
Cash from financing1.5516.42.7818.437.853.8
Net change in cash-0.0413.7-11.4-1.0814.527.5
Free cash flow-1.59-2.7-14.2-19-23.3-26.3
Interest paid0.020.010.280.191.31.49

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $2.12 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin-166.9%Gross profit / revenue.
Operating margin-983.7%Operating income / revenue.
EBITDA margin-859.0%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin-970.3%Pre-tax income / revenue.
Net margin-970.3%Net income / revenue.
FCF margin-1,082.0%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin-686.9%Cash from operations / revenue.
Return on equity (ROE)-14.5%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-14.1%Net income / average total assets.
Return on invested capital (ROIC)-98.4%Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
SG&A / revenue816.8%Selling, general and administrative expense / revenue.
Stock-based pay / revenue21.7%Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue394.6%Capital expenditures / revenue.
D&A / revenue124.7%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y-27.6%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y-22.6%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y13.4%Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y115.1%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y135.5%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y75.1%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y85.8%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y104.6%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y407.6%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y424.4%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y19.9%Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio33.3xCurrent assets / current liabilities.
Quick ratio32.1x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio32.1x(Cash + short-term investments) / current liabilities.
Liabilities / assets3.1%Total liabilities / total assets.
Interest coverage-244xOperating income / interest expense.
Working capital$167.6MCurrent assets - current liabilities.
Goodwill and intangibles / assets0.2%(Goodwill + intangible assets) / total assets.
Tangible book value$188.4MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.01xRevenue / average total assets.
Fixed asset turnover0.14xRevenue / average property, plant and equipment.
Days payables112 days365 x average accounts payable / cost of revenue.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.32Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share$0.03Revenue / diluted weighted shares.
FCF per share-$0.36Free cash flow / diluted weighted shares.
Operating cash flow per share-$0.23Cash from operations / diluted weighted shares.
Book value per share$2.21Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$2.21Tangible book value / shares outstanding.
Cash per share$1.95(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$214.6MShare price x shares outstanding.
Enterprise value$48.1MMarket cap + total debt - cash - short-term investments.
P/S75.9xMarket cap / revenue.
P/B1.14xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book1.14xMarket cap / tangible book value, when positive.
EV/Sales17.0xEnterprise value / revenue.
FCF yield-14.2%Free cash flow / market cap.
Earnings yield-12.8%Net income / market cap (the inverse of P/E).
What was Sidus Space Inc.'s revenue in fiscal 2025?

Sidus Space Inc. reported revenue of $3.4M for fiscal 2025, 27.6% lower than the year before.

Was Sidus Space Inc. profitable in fiscal 2025?

No. It reported a net loss of $29.5M.

How much free cash flow did Sidus Space Inc. generate in fiscal 2025?

Cash from operations of $18.2M minus capital expenditures of $8.2M left free cash flow of -$26.3M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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