Sidus Space Q3 revenue falls, net loss widens

Reuters11-15

<a href="https://laohu8.com/S/SIDU">Sidus Space</a> Q3 revenue falls, net loss widens

Overview

Sidus Space Q3 2025 revenue falls 31% yr/yr due to strategic pivot
Net loss widens to $6.0 mln from $3.9 mln in Q3 2024
Company raises capital to fund technology initiatives across multiple domains

Outlook

Company focuses on aligning spend with near-term revenue milestones
Sidus Space aims to expand global partnerships and accelerate commercialization
Company identifies operational efficiencies to reduce SG&A expenses

Result Drivers

STRATEGIC PIVOT - Revenue decreased 31% due to shift from legacy services to new commercial models
COST INCREASES - Higher costs driven by increased satellite depreciation and material and labor expenses
TECHNOLOGY EXPANSION - Capital raised to fund technology initiatives across multiple domains

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q3 Revenue		$1.30 mln

Analyst Coverage

The one available analyst rating on the shares is "buy"
The average consensus recommendation for the aerospace & defense peer group is "buy"
Wall Street's median 12-month price target for Sidus Space Inc is $10.00, about 91.8% above its November 13 closing price of $0.82

Press Release: ID:nBw5yyp11a

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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