Filing Flows › T3 Defense (DFNS) › Q2 2026
T3 Defense (DFNS) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 18, 2026
T3 Defense (DFNS) reported revenue of $4.0M for the second quarter 2026 (Q2 2026) and +9% from the quarter before. Operating margin was -84.5%.
T3 Defense, Q2 2026: revenue $4.0M, operating margin -84.5%, net loss $81.4M, operating cash flow −$4.9M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.0M | +9% | — |
| Operating profit | −$3.4M | — | — |
| Net earnings | −$81.4M | — | — |
| Operating cash flow | −$4.9M | — | — |
What changed
Revenue was $4.0M in Q2 2026, up 9% from the previous quarter.
Gross margin was 25.4%. Operating costs exceeded revenue by $3.4M, an operating margin of -84.5%. The quarter ended with a net loss of $81.4M, wider than the previous quarter's $26.4M loss. Net interest and other expense of $78.2M was the main reason.
Operating cash flow was −$4.9M. Non-cash charges added back $416K of depreciation. Working capital and other items added $76.2M. Capital expenditures of $26K exceeded it, leaving free cash flow of −$4.9M.
Questions
What was T3 Defense's revenue in the second quarter 2026?
T3 Defense (DFNS) reported revenue of $4.0M for the second quarter 2026 (Q2 2026) and +9% from the quarter before.
Was T3 Defense profitable in the second quarter 2026?
Operating loss was $3.4M (-84.5% of revenue) and net loss $81.4M.
Source: T3 Defense 10-Q on SEC EDGAR.