Sidus Space, Inc. Class A ( (SIDU) ) has released its Q2 earnings. Here is a breakdown of the information Sidus Space, Inc. Class A presented to its investors.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Sidus Space, Inc. is a space and defense technology company that provides satellite manufacturing, AI-driven data solutions, and mission planning services, operating in the aerospace sector with a focus on innovative and cost-effective solutions. In its latest earnings report for the quarter ending June 30, 2025, Sidus Space reported a net loss of $5.6 million, reflecting a challenging financial period with increased operating expenses and a decrease in cash reserves. The company’s revenue for the quarter was $1.26 million, a slight increase from the previous year, but the cost of revenue and operating expenses outpaced earnings, leading to a gross loss. Despite the financial challenges, Sidus Space continues to invest in property and equipment, with significant purchases made during the period, and has expanded its revolving line of credit to support operations. Looking forward, Sidus Space remains committed to its mission of rapid innovation and adaptable solutions, with a focus on leveraging its vertically integrated model to explore new revenue opportunities and mitigate risks associated with market changes.