--- title: "Sidus Space | 8-K: FY2026 Q1 Revenue: USD 359.37 K" type: "News" locale: "en" url: "https://longbridge.com/en/news/286546371.md" datetime: "2026-05-15T10:19:27.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286546371.md) - [en](https://longbridge.com/en/news/286546371.md) - [zh-HK](https://longbridge.com/zh-HK/news/286546371.md) --- # Sidus Space | 8-K: FY2026 Q1 Revenue: USD 359.37 K Revenue: As of FY2026 Q1, the actual value is USD 359.37 K. EPS: As of FY2026 Q1, the actual value is USD -0.08. EBIT: As of FY2026 Q1, the actual value is USD -5.664 M. #### Revenue Sidus Space, Inc. reported total revenue of $359,372 for the first quarter ended March 31, 2026, which is a 51% increase compared to $238,494 in Q1 2025, driven by new customer contracts including Lonestar Data Holdings and Teledyne Marine. Revenue for Q1 2026 included $250,155 from general revenue and $109,217 from related parties, compared to $160,704 and $77,790 respectively in Q1 2025. #### Cost of Revenue Cost of revenue for Q1 2026 was $1,409,445, representing a 25% decrease compared to $1,866,972 in Q1 2025, attributed to lower depreciation and improved manufacturing cost discipline. #### Gross Profit (Loss) Sidus Space, Inc. reported a gross loss of -$1,050,073 in Q1 2026, an improvement of 36% from a gross loss of -$1,628,478 in Q1 2025. #### Operating Expenses Selling, General and Administrative (SG&A) Expenses were $4,419,637 in Q1 2026, which was consistent with $4,444,442 in Q1 2025. #### Net Loss Net loss for Q1 2026 was -$5,211,607, an improvement of $1,203,020 or 19%, compared to a net loss of -$6,414,627 in Q1 2025. #### Adjusted EBITDA (Non-GAAP) Adjusted EBITDA (Non-GAAP) was a loss of -$4,626,934 in Q1 2026, showing a 1% improvement compared to a loss of -$4,674,423 in Q1 2025. #### Cash Position As of March 31, 2026, Sidus Space, Inc.’s cash position was $27,349,756, with no outstanding term debt. #### Cash Flow from Operating Activities Net cash used in operating activities was -$5,645,038 for the three months ended March 31, 2026, compared to -$3,207,213 for the same period in 2025. #### Cash Flow from Investing Activities Net cash used in investing activities was -$3,687,604 for the three months ended March 31, 2026, compared to -$2,978,308 for the same period in 2025. #### Cash Flow from Financing Activities Net cash used in financing activities was -$6,493,598 for the three months ended March 31, 2026, a decrease from $2,193,243 provided by financing activities in the same period of 2025. #### Net Change in Cash Net change in cash was -$15,826,240 for the three months ended March 31, 2026, compared to -$3,992,278 for the same period in 2025. #### Operational Metrics Sidus Space, Inc. delivered initial imagery from HEO USA’s non-Earth imaging camera aboard LizzieSat-3, including sub 5-meter resolution imagery. The company expanded its agreement with Lonestar Data Holdings to build an additional StarVault orbital data storage payload and achieved an integration milestone with Maris-Tech Ltd. on an AI-based edge computing payload for LizzieSat-4. Sidus Space, Inc. also signed an MOU with Simera Sense for AI-enabled hyperspectral imaging capabilities and finalized the Fortis VPX Command and Data Handling platform for LizzieSat-4 and LizzieSat-5. #### Subsequent Operational Metrics Subsequent to the quarter end, Sidus Space, Inc. completed a registered direct offering on April 21, 2026, generating gross proceeds of $58.5 million to strengthen its liquidity position. A Chief Financial Officer (CFO) transition was announced, with John Burke appointed Interim CFO effective June 1, 2026. #### Outlook / Guidance The provided reference does not contain explicit outlook or guidance statements regarding future financial performance or strategic objectives beyond the reported period and subsequent events. ### Related Stocks - [SIDU.US](https://longbridge.com/en/quote/SIDU.US.md) ## Related News & Research - [SIDUS SPACE REPORTS FIRST QUARTER 2026 FINANCIAL RESULTS WITH Q1 YEAR OVER YEAR IMPROVEMENT IN REVENUE AND GROSS MARGIN | MTEK Stock News](https://longbridge.com/en/news/286468820.md) - [The Home Depot Announces First Quarter Fiscal 2026 Results; Reaffirms Fiscal 2026 Guidance | HD Stock News](https://longbridge.com/en/news/286890512.md) - [ONWARD Medical to Announce First Quarter 2026 Results on May 26, 2026 | ONWRY Stock News](https://longbridge.com/en/news/286858298.md) - [GDEV announces results for the first quarter of 2026 | GDEV Stock News](https://longbridge.com/en/news/286909689.md) - [Electro-Sensors GAAP EPS of -$0.03, revenue of $2.6M](https://longbridge.com/en/news/286518577.md)