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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›DFNS›Financials
Annual statements · SEC XBRL · FY2019 – FY2025

T3 Defense Inc. (DFNS) financials

Income statement

T3 Defense Inc. (DFNS) income statement, annual, from SEC filings
Fiscal yearFY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue———$21.5M$21.3M$5.91M—
Revenue growth————-1.0%-72.2%—
Gross profit———-$661K-$343K$999K—
Gross margin———-3.1%-1.6%16.9%—
Operating income-$20.7K-$148K-$671K-$11.1M-$17.5M-$7.11M-$32.6M
Operating margin———-51.8%-82.0%-120.1%—
Net income-$20.7K-$318K-$599K-$11.8M-$17.4M-$8.52M$78.5M
Net margin———-55.1%-81.8%-144.1%—
EPS (diluted)-$0.04-$0.09-$0.10-$1.21-$1.73-$4.93$7.96

Cash flow

T3 Defense Inc. (DFNS) cash flow, annual, from SEC filings
Fiscal yearFY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow-$20.2K-$137K-$431K$1.62M-$1.23M-$3.82M-$6.20M
Capital expenditures——————$31.0K
Free cash flow——————-$6.23M

Balance sheet

T3 Defense Inc. (DFNS) balance sheet, annual, from SEC filings
Fiscal yearFY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$27.7K$713K$1.20M$364K$19.3K$6.90M$2.63M
Total assets$210K$46.7M$47.7M$18.4M$3.35M$9.11M$202M
Total liabilities$206K$576K$2.12M$7.47M$9.55M$172M$45.2M
Long-term debt—————$3.31M—
Shareholders' equity$4.34K$155K$9.16M$10.9M-$6.19M-$163M-$19.8M
Retained earnings-$20.7K-$3.73M-$5.71M-$14.3M-$31.8M-$201M-$123M
Shares (wtd avg diluted)1.15M1.51M6.11M9.77M1.26M1.73M9.25M

Every figure is extracted from T3 Defense Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is T3 Defense Inc.'s free cash flow?
-$6.23M in FY2025 (operating cash flow -$6.20M minus $31.0K of capital expenditures), from the SEC cash-flow statement.
Does DFNS pay a dividend?
T3 Defense Inc. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full DFNS analysis — verdict, score & filings →Is DFNS a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.