Sidus Space, Inc. Class A (SIDU)
NASDAQ:SIDU
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Earnings Data
Report Date
Aug 19, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
―Last Year’s EPS
-0.31Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a balanced mix of meaningful operational and technical progress (satellite launches, on-orbit milestones, product partnerships, board strengthening) and improved financial metrics (reduced depreciation impact, narrower net loss), alongside clear early-stage commercialization challenges: revenue remains small in absolute terms, costs still exceed sales, and operating losses persist. The substantial $58.5M capital raise and elimination of term debt materially improve liquidity and reduce near-term financing risk, but the company must convert technical momentum into recurring revenue (e.g., Fortis commercial wins, subscription data services) and manage cash burn while key satellites complete commissioning and future launches occur.Company Guidance
Revenue Growth Year-over-Year
Total revenue for Q1 2026 was $359,000, up 51% from $238,000 in Q1 2025, driven by new customer contracts including Lonestar Data Holdings and Teledyne Marine and milestone-based revenue recognition.
Reduction in Cost of Revenue
Cost of revenue decreased to $1.4 million in Q1 2026, a 25% reduction from $1.9 million in Q1 2025, primarily due to lower satellite and related software depreciation and improved manufacturing cost discipline.
Improved Gross Loss
Gross loss improved to $1.1 million in Q1 2026 from $1.6 million in Q1 2025, a 36% improvement. Adjusting for depreciation included in cost of revenue, gross loss improved to $531,000 from $792,000 year-over-year.
Net Loss Improvement
Net loss narrowed to $5.2 million in Q1 2026 from $6.4 million in Q1 2025, an improvement of $1.2 million or 19%, benefitting from elimination of asset-based loan expense and higher interest income on cash holdings.
Balance Sheet Strengthened with Significant Capital Raise
Subsequent to quarter end, Sidus closed a best-efforts registered direct offering raising $58.5 million gross proceeds (April 21, 2026), providing material liquidity to fund working capital, technology development and reduce near-term financing risk.
Debt Elimination / Clean Capital Structure
Company repaid its asset-backed line of credit in January 2026 and entered the year with $43.2 million in cash and no outstanding term debt; cash was $27.3 million as of March 31, 2026 prior to the April raise.
On-orbit Technical and Operational Milestones
Sidus launched 3 LizzieSat satellites (Mar 2024–Mar 2025). LizzieSat-3 completed bus-level commissioning, collected AIS data, and returned initial imagery from an HEO camera demonstrating sub-5-meter resolution — a key step toward subscription-based data services.
Product & Partnership Progress: Fortis VPX and Strategic Collaborations
Advanced Fortis VPX modular computing platform with multiple commercial and defense evaluations; strategic collaboration with Microchip Technology to accelerate Fortis Command and data handling; expansion of StarVault payload agreement with Lonestar and MOU with Simera Sense for AI-enabled hyperspectral imaging.
Governance and Program Pathways
Appointed Kelle Wendling to the Board to strengthen government contracting expertise; awarded placement on the Missile Defense Agency 10-year SHIELD IDIQ contract, creating a pathway to pursue defense task orders for onboard processing and modular compute.
SIDU Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SIDU Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 14, 2026 | $3.66 | $4.01 | +9.56% |
Apr 01, 2026 | $2.32 | $2.10 | -9.48% |
Nov 14, 2025 | $0.86 | $0.71 | -17.44% |
Aug 14, 2025 | $1.15 | $1.11 | -3.48% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Sidus Space, Inc. Class A (SIDU) report earnings?
Sidus Space, Inc. Class A (SIDU) is schdueled to report earning on Aug 19, 2026, Before Open (Confirmed).
What is Sidus Space, Inc. Class A (SIDU) earnings time?
Sidus Space, Inc. Class A (SIDU) earnings time is at Aug 19, 2026, Before Open (Confirmed).
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What is SIDU EPS forecast?
Currently, no data Available