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MARKETS / NASDAQ / DFNS
NASDAQ · SERVICES-MANAGEMENT CONSULTING SERVICES · SMALL CAP

T3 Defense Inc. DFNS

7 fiscal years on record · USD · FY2025 reported · SEC filings only
$78.5M
$-6.2M
In brief

What this company does

Following the appointment in September 2024 of Menachem Shalom, our current chief executive officer and a director, we have transformed from a financial technology services provider into a strategic acquirer and operator of aerospace and defense (A&D) businesses. We are building a portfolio of mission-critical suppliers and advanced technology companies and strategic infrastructure opportunities across the defense, aerospace, and advanced manufacturing sectors across the United States, Israel and Europe. The Company is positioned as a strategic platform company focused on acquiring, integrating, and scaling high-impact businesses in the aerospace and defense industries. Our strategy targets Tier 2 and Tier 3 suppliers that form the industrial backbone of national security infrastructure, with particular emphasis on companies offering dual-use technologies, advanced AI applications, and critical manufacturing capabilities.

Written from the business description in T3 Defense Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 9 April 2026. Every sentence was checked against that document before publication.

Growth
Revenue, FY2025 · full 7-year series below
Revenue $M Net income $M
FY2024 · Revenue 5.9 · Net income -8.5
8M16M-8M-16M2019202020212022202320242025
Compound annual growth
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
Operating margin Net margin
FY2024 · Operating -120.1% · Net -144.1%
-50%-100%2019202020212022202320242025
ROE
FY2023 · ROE -742.1%
-200%-400%-600%2019202020212022202320242025

Cash & shareholders
returned in FY2025 · dividends + net buybacks

Total assetsUSD 202.4M
EquityUSD -19.8M
CashUSD 2.6M
Gross debtUSD 12,000.00
Net debtUSD -2.6M
Current ratio0.31×

Equity was negative — liabilities exceeded assets. No ratio is shown.

The 7-year record
7 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 2025202420232022202120202019
Revenue $B·0.00.00.0···
Operating income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0
EBITDA $B−0.0·−0.0−0.0···
Income tax $B0.0······
Net income $B0.1−0.0−0.0−0.0−0.0−0.0−0.0
Free cash flow $B−0.0······
EPS, diluted $7.96−4.93−1.73−1.21−0.10−0.09−0.04
Dividend / sh $·······
Payout %·······
ROE %··−742.1−261.5·−399.3−476.6
Shares out B0.020.000.000.010.000.000.00

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures · 1 divergences in 31 reconciliationsAUDITED

Reconciled in 6 of 19 fiscal years. 1 of those reconciliations are divergences — the figures exist but don't fit the formula this check expects; that isn't the same as an error. 64 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures1 divergent
ActivityServices-Management Consulting Services
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categoryemerging growth company, smaller reporting company
Data on record since2019

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