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Sidus Space (SIDU) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 15, 2026

Sidus Space (SIDU) reported revenue of $359K for the first quarter 2026 (Q1 2026), +51% from a year earlier and -39% from the quarter before.

Revenue$359K
Year over year+51%
Quarter over quarter-39%
Operating margin—
Net earnings−$5.2M

Sidus Space, Q1 2026: revenue $359K (+51% year over year), net loss $5.2M, operating cash flow −$5.6M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$359K-39%+51%
Operating profit−$5.5M——
Net earnings−$5.2M——
Operating cash flow−$5.6M——

What changed

Revenue was $359K in Q1 2026, up 51% year over year and down 39% from the previous quarter. Manufacturing was the largest line at 61% of revenue. Engineering Services declined 86%.

Operating costs exceeded revenue by $5.5M, an operating margin of -1522.0%. Total costs fell 8% while revenue rose 51%. The quarter ended with a net loss of $5.2M, narrower than the previous quarter's $11.4M loss.

Operating cash flow was −$5.6M. Non-cash charges added back $612K of depreciation and $215K of share-based compensation. Working capital and other items used $1.3M. Capital expenditures of $3.7M exceeded it, leaving free cash flow of −$9.3M.

Questions

What was Sidus Space's revenue in the first quarter 2026?

Sidus Space (SIDU) reported revenue of $359K for the first quarter 2026 (Q1 2026), +51% from a year earlier and -39% from the quarter before.

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Source: Sidus Space 10-Q on SEC EDGAR.