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Sidus Space vs VEON: revenue, profit, margins and growth compared

Sidus Space brought in $3.4M of revenue in fiscal 2025, VEON $4.4B in fiscal 2025. Revenue changed by -27.6% at Sidus Space and +9.9% at VEON on the year before, so VEON grew faster. Sidus Space kept -871.0% of its revenue as net profit, VEON 13.4%.

Side by side, latest fiscal year

SIDUVEON
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$3.4M$4.4B
Revenue growth-27.6%+9.9%
Net income-$29.5M$591M
Net margin-871.0%13.4%
Free cash flow-$26.3Mn/a
Free cash flow margin-778.0%n/a
Earnings per share (diluted)-$1.19$0.30
Cash$43.2M$1.7B
Debtn/a$3.1B
Price to earningsn/an/a
Market value$214.6M$5.1B
Dividend yieldn/an/a
Rank by revenue in sector#51 of 51 · Telecommunications#14 of 51 · Telecommunications

Over the years

Revenue
SIDU FY2021: $1.8MSIDU FY2021: $1.4MSIDU FY2022: $7.3MSIDU FY2023: $6MSIDU FY2024: $4.7MSIDU FY2025: $3.4MVEON FY2018: $9.1BVEON FY2019: $8.1BVEON FY2020: $3.5BVEON FY2021: $3.9BVEON FY2022: $3.8BVEON FY2023: $3.7BVEON FY2024: $4BVEON FY2025: $4.4BFY18FY19FY20FY21FY22FY23FY24FY25
SIDU $3.4MVEON $4.4B
Net income
SIDU FY2021: -$1.5MSIDU FY2021: -$3.7MSIDU FY2022: -$12.8MSIDU FY2023: -$14.3MSIDU FY2024: -$17.5MSIDU FY2025: -$29.5MVEON FY2018: $362MVEON FY2019: $683MVEON FY2020: -$316MVEON FY2021: $801MVEON FY2022: -$9MVEON FY2023: -$2.5BVEON FY2024: $487MVEON FY2025: $591MFY18FY19FY20FY21FY22FY23FY24FY25
SIDU -$29.5MVEON $591M
Net margin
SIDU FY2021: -85.4%SIDU FY2021: -265.9%SIDU FY2022: -176.0%SIDU FY2023: -240.3%SIDU FY2024: -375.0%SIDU FY2025: -871.0%VEON FY2018: 4.0%VEON FY2019: 8.4%VEON FY2020: -9.1%VEON FY2021: 20.8%VEON FY2022: -0.2%VEON FY2023: -66.3%VEON FY2024: 12.2%VEON FY2025: 13.4%FY18FY19FY20FY21FY22FY23FY24FY25
SIDU -871.0%VEON 13.4%
Revenue growth
SIDU FY2021: -22.0%SIDU FY2022: +417.7%SIDU FY2023: -18.2%SIDU FY2024: -21.6%SIDU FY2025: -27.6%VEON FY2019: -11.0%VEON FY2020: -57.0%VEON FY2021: +10.6%VEON FY2022: -2.5%VEON FY2023: -1.5%VEON FY2024: +8.3%VEON FY2025: +9.9%FY19FY20FY21FY22FY23FY24FY25
SIDU -27.6%VEON +9.9%
Free cash flow
SIDU FY2021: -$1.6MSIDU FY2021: -$2.7MSIDU FY2022: -$14.2MSIDU FY2023: -$19MSIDU FY2024: -$23.3MSIDU FY2025: -$26.3MVEON FY2020: $1.9BFY20FY21FY22FY23FY24FY25
SIDU -$26.3MVEON $1.9B

Fiscal years as each company reports them; the two may end in different months.

Questions about Sidus Space and VEON

Which is bigger by revenue, Sidus Space or VEON?

VEON is bigger by revenue: $4.4B in fiscal 2025, against $3.4M for Sidus Space in fiscal 2025.

Which keeps more of its revenue as profit, Sidus Space or VEON?

Sidus Space had a net margin of -871.0% in fiscal 2025; VEON had 13.4% in fiscal 2025.

Which grew revenue faster, Sidus Space or VEON?

In their latest fiscal years revenue changed by -27.6% at Sidus Space and +9.9% at VEON.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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