# T3 Defense Inc.: overview

DFNS · Nasdaq · CIK 1787518 · [Industrials](/sectors/industrials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/dfns.md) · [Financials](/companies/dfns/financials.md) · [Filings](/companies/dfns/filings.md) · [Insiders](/companies/dfns/insiders.md)

Latest reported revenue: [$4.0m](/filings/0001185185-26-003604.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 18, 2026 (XBRL us-gaap:Revenues, accession 0001185185-26-003604).

## Last eight quarters

| Line item | Unit | Q4 FY2024 (2024-09-30) | Q4 FY2025 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $k | [236 d](/filings/0001213900-25-031620.md) | not reported | not reported | [0.0](/filings/0001185185-26-003604.md) | not reported | not reported | [3,653](/filings/0001213900-26-059606.md) | [3,996](/filings/0001185185-26-003604.md) |
| Gross margin | % | [92.2% d](/filings/0001213900-25-031620.md) | not reported | not reported | not reported | not reported | not reported | [10.2%](/filings/0001213900-26-059606.md) | [25.4%](/filings/0001185185-26-003604.md) |
| Operating margin | % | [(503.5%) d](/filings/0001213900-25-111026.md) | not reported | not reported | not reported | not reported | not reported | [(104.3%)](/filings/0001213900-26-059606.md) | [(84.5%)](/filings/0001185185-26-003604.md) |
| Net margin | % | [1887.0% d](/filings/0001213900-25-111026.md) | not reported | not reported | not reported | not reported | not reported | [(743.1%)](/filings/0001213900-26-059606.md) | [(2037.8%)](/filings/0001185185-26-003604.md) |
| Diluted EPS | $ per share | [2.18](/filings/0001213900-25-111026.md) | [(51.96)](/filings/0001213900-26-041888.md) | [18.15](/filings/0001213900-26-059606.md) | [67.50](/filings/0001185185-26-003604.md) | [(2.02)](/filings/0001213900-25-111026.md) | not reported | [(1.14)](/filings/0001213900-26-059606.md) | [(173.80)](/filings/0001185185-26-003604.md) |
| Free cash flow | $k | not reported | not reported | [(1,352)](/filings/0001213900-26-059606.md) | [(1,357) d](/filings/0001185185-26-003604.md) | [(2,509) d](/filings/0001213900-25-111026.md) | [(1,011) d](/filings/0001213900-26-041888.md) | [(5,081)](/filings/0001213900-26-059606.md) | [(4,890) d](/filings/0001185185-26-003604.md) |

- Revenue. XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 12-month figure less the 9-month figure; 6-month figure less the 3-month figure; 9-month figure less the 6-month figure.

## Last five fiscal years

| Line item | Unit | FY2022 (2022-09-30) | FY2022 (2022-12-31) | FY2023 (2023-09-30) | FY2024 (2024-09-30) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [21.5](/filings/0001213900-24-060986.md) | not reported | [21.3](/filings/0001213900-25-031620.md) | [5.9](/filings/0001213900-25-031620.md) | not reported |
| Gross margin | % | [(3.1%)](/filings/0001213900-24-060986.md) | not reported | [(1.6%)](/filings/0001213900-25-031620.md) | [16.9%](/filings/0001213900-25-031620.md) | not reported |
| Operating margin | % | [(51.8%)](/filings/0001213900-24-060986.md) | not reported | [(68.8%)](/filings/0001213900-25-041141.md) | [(120.1%)](/filings/0001213900-26-041888.md) | not reported |
| Net margin | % | [(55.1%)](/filings/0001213900-24-060986.md) | not reported | [(81.8%)](/filings/0001213900-25-041141.md) | [(144.1%)](/filings/0001213900-26-041888.md) | not reported |
| Diluted EPS | $ per share | [(1.21)](/filings/0001213900-24-060986.md) | [(0.21)](/filings/0001213900-23-019202.md) | [(13.84)](/filings/0001213900-25-041141.md) | [(4.93)](/filings/0001213900-26-041888.md) | [7.96](/filings/0001213900-26-041888.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | [(6.2)](/filings/0001213900-26-041888.md) |

- Revenue. XBRL Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/dfns/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [SUSQUEHANNA INTERNATIONAL GROUP, LLP](/funds/1446194.md) | 2026-06-30 | $50.4k | 720,798 |  | Added +686,965 |
| [Clear Street Group Inc.](/funds/1881567.md) | 2026-06-30 | $33.9k | 477,828 |  | Added +200 |
| [Oasis Management Co Ltd.](/funds/1317904.md) | 2026-06-30 | $23.9k | 140,000 |  | New +140,000 |
| [TWO SIGMA SECURITIES, LLC](/funds/1450144.md) | 2026-06-30 | $5.2k | 73,604 |  | New +73,604 |
| [TORONTO DOMINION BANK](/funds/947263.md) | 2026-06-30 | $14 | 200 |  | New +200 |
| [HRT FINANCIAL LP](/funds/1475597.md) | 2026-06-30 | $4 | 58,072 |  | Added +37,032 |
| [Virtu Financial LLC](/funds/1533964.md) | 2026-06-30 | $1 | 16,348 |  | New +16,348 |

## Recent filings

[All 395 filings](/companies/dfns/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-29 | 17:27 ET | [8-K](/filings/0001185185-26-005079.md) | 3.02 Unregistered sale of equity | 0001185185-26-005079 |
| 2026-10-27 | 09:30 ET | [8-K](/filings/0001185185-26-005016.md) | 1.01 Entry into a material agreement; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001185185-26-005016 |
| 2026-10-23 | 12:03 ET | [8-K](/filings/0001185185-26-004951.md) | 7.01 Regulation FD disclosure | 0001185185-26-004951 |
| 2026-10-20 | 16:16 ET | [S-1/A](/filings/0001185185-26-004866.md) | Registration statement, amended | 0001185185-26-004866 |
| 2026-10-20 | 16:15 ET | [S-1/A](/filings/0001185185-26-004865.md) | Registration statement, amended | 0001185185-26-004865 |
| 2026-10-07 | 14:54 ET | [8-K](/filings/0001185185-26-004634.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001185185-26-004634 |
| 2026-10-02 | 19:31 ET | [S-1/A](/filings/0001185185-26-004529.md) | Registration statement, amended | 0001185185-26-004529 |
| 2026-10-02 | 19:19 ET | [S-1/A](/filings/0001185185-26-004526.md) | Registration statement, amended | 0001185185-26-004526 |
| 2026-09-15 | 16:04 ET | [SCHEDULE 13D/A](/filings/0001213900-26-100121.md) | Ownership report, active investor, amended | 0001213900-26-100121 |
| 2026-09-11 | 17:25 ET | [8-K](/filings/0001185185-26-003953.md) | 2.03 New direct financial obligation; 9.01 Financial statements and exhibits | 0001185185-26-003953 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001213900-26-041888.md), filed Apr 9, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/2b3aaa06-be78-4a62-8583-073063a00b3b)

## About the filer

- CIK: 1787518
- Tickers: DFNS, DFNSW
- Exchange: Nasdaq
- SIC code: 8742 Services-Management Consulting Services
- State of incorporation: DE
- Filer category: <br>Emerging growth company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 29, 2026, 17:28 ET. No prices; not investment advice.