Growth & profitability
- Revenue has declined 47.6% per year over the past 5 years.
Financial health
- Operating income covered interest expense -211.7× in the latest year.
DFNS Financials T3 Defense Inc.
8 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | — | $79M | — | — | -$6M | — | $3M |
| 2024 | $6M | -$9M | 16.9% | -120.1% | — | $3M | $373 |
| 2023 | $21M | -$17M | -1.6% | -68.8% | — | — | $7849 |
| 2022 | — | -$967614 | — | — | — | — | $279728 |
| 2022 | $22M | -$12M | -3.1% | -51.8% | — | — | $364023 |
| 2021 | — | -$599127 | — | — | — | — | — |
| 2020 | — | -$317737 | — | — | — | — | $712817 |
| 2019 | — | -$20664 | — | — | — | — | $27699 |
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key quarterly figures
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $4M | -$27M | 10.2% | -104.3% | -$5M | $7M | $6M |
| Dec '25 | — | -$11M | — | — | -$1M | — | $3M |
| Sep '25 | — | -$16M | — | — | -$3M | $2M | $8M |
| Jun '25 | — | $3M | — | — | -$1M | $2M | $2M |
| Mar '25 | — | $103M | — | — | -$1M | $2M | $4M |
| Dec '24 | — | -$161M | — | — | — | $2M | $7M |
| Sep '24 | $236099 | $4M | 92.2% | -503.5% | — | $3M | $373 |
| Jun '24 | $175214 | -$2M | 71.6% | -587.5% | — | — | $6138 |
| Mar '24 | $259757 | -$2M | 75.7% | -802.7% | — | — | $305589 |
| Dec '23 | $5M | -$9M | 8.7% | -170.7% | — | — | $204148 |
| Sep '23 | $5M | -$14M | -5.5% | -281.9% | — | — | $7849 |
| Jun '23 | $5M | -$1M | -3.0% | -23.3% | — | — | $142341 |
| Mar '23 | $6M | -$805649 | 2.6% | -14.3% | — | — | $246650 |
| Dec '22 | $5M | -$1M | -1.0% | -21.1% | — | — | $279728 |
| Sep '22 | — | -$578753 | — | — | — | — | $364023 |
| Jun '22 | — | -$35544 | — | — | — | — | — |
| Mar '22 | — | -$460282 | — | — | — | — | — |
| Dec '21 | — | -$432798 | — | — | — | — | — |
| Sep '21 | — | -$124611 | — | — | — | — | — |
| Jun '21 | — | -$21345 | — | — | — | — | — |
Valuation over time
How the market has priced DFNS against its own fundamentals since 2026-02 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
P/E
Frequently asked questions
Is DFNS growing its revenue and profit?
Over the past 5 years, T3 Defense Inc.'s revenue has declined 47.6% per year. These are computed facts, not advice.
How much debt does DFNS have?
As of FY2025, T3 Defense Inc. reported — of total debt against $3M of cash; operating income covered interest expense -211.7×.
What is DFNS's profit margin?
In FY2025, gross margin was —, operating margin —, and net margin —.
What is DFNS's P/E ratio?
As of Jun '26, T3 Defense Inc. traded at a price-to-earnings ratio of about 1.4× (market cap ÷ latest annual net income). The valuation charts above show how its P/E have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.