T3 Defense Inc. DFNS

7.79 (0.08) (1.02%) as of 25 Sep
Market cap
$22.3M
P/E
0.0×
Insider Buys alert about insiders buying in the last 12 month

Insider Decisions

Total sells 2.05
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy 1 — — — — — — — — — — —
Sell — — 3 — — — — — — — — —
Insider Ownership 0.00%

Capital & Financial Ratios

Market Cap 22.32
Revenue 8.32
Net Income (141.71)
Free Cash Flow (13.53)
Net Debt 0.42
Current Ratio 0.14
Debt/Equity (0.40)
P/E ratio 0.00
P/S ratio 0.45
P/B ratio 0.00
Past 5Y EPS Growth (198.79%)
This Y EPS Growth —
Next Y EPS Growth —
Next 5Y EPS Growth —
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2020 Powerpack
2019 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 1 0 4 7
Receivables — — 1 4
Inventory — — — 5
Other 2 1 4 6
3 1 14 21
2023 2024 2025 Q'26
Payables 0 0 0 4
ST’ Debt — — 0 5
Other 8 1 39 134
9 7 44 153
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — (21.06%) (34.98%)
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value 0.00% 0.00% 0.00%

Revenue

Mar Jun Sep Dec Year
’26 4 4 — — —
’24 0 0 0 — 6
’23 — — — 5 21
’23 6 5 5 — 21
’22 — — — 5 22
’22 — — — — 22
’21 — — — — 19
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 (5) (5) — — —
’25 (1) (1) (3) (1) (6)
’24 (1) (1) (1) — (4)
’23 — — — 0 (1)
’23 (2) 1 0 — (1)
’22 — — — 7 (3)
’22 (1) 0 0 — 2
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 (5) (5) — — —
’25 (1) (1) (3) (1) (6)
’24 (1) (1) (1) — (4)
’23 — — — 0 (1)
’23 (2) 1 0 — (1)
’22 — — — 7 (3)
’22 (1) 0 0 — 2
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 (142.50) (173.80) — — —
’25 2.27k (67.50) (252.50) (1.06k) 995.00
’24 (170.00) (110.00) 272.47 (845.17) (616.20)
’23 (79.97) (120.08) (65.86) — (1.73k)
’22 — — — (112.55) (208.71)
’22 (76.20) (6.49) (0.13) — (1.21k)
’21 (3.33) (3.49) (20.39) (70.82) (98.04)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
2.54 80.00 40.00 45.00 20.00 7,064.29 7,285.71 2,320.00 162.50 413.75

Analyst estimates 2026–2028

Powerpack
Low Price
1,010.00 130.00 80.00 250.00 7,557.14 7,500.00 8,021.43 10,985.71 9,790.00 4,981.25
High Price
— — — — — — 1 12 12 18
Employees
— — 0 0 0 0 22 2 0 0
Revenue/Emp
— — 19 19 19 19 22 21 6 —
Revenue
— — 1.56% (0.01%) 0.76% (3.66%) (3.07%) (1.61%) 16.89% —
Gross Margin
— — 0 0 0 (1) (1) (17) (7) 77
EBT
— — (1.11%) 0.00% (1.65%) (3.11%) (4.50%) (81.83%) (124.77%) 0.00%
EBT Margin
— 0 0 0 0 (1) 11 (17) 7 77
Net Income
— — — 0 0 0 3 2 0 0
Depreciation
— — 0.08 0.08 5,189.19 3,161.80 4,676.85 2.11 428.51 0.00
Revenue/Sh
— — 0.00 0.00 (85.93) (98.02) (208.71) (1,729.93) (616.20) 1,056.25
Earnings/Sh
— — 0.00 0.00 (37.05) (70.64) (597.48) (0.12) (276.67) (92.65)
Cash Flow/Sh
— — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 (0.46)
Capex/Sh
— — 0.00 0.00 (37.05) (70.64) (597.48) (0.13) (276.67) (93.11)
Free CF/Sh
— — 0.00 0.00 41.84 (300.33) (852.17) (0.61) 0.00 (232.87)
Book Value/Sh
— — 234 230 0 0 0 10 0 0
Shares
— — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 —
PE Ratio
— — 0.00 0.00 0.00 0.00 0.00 1.45 0.77 —
PS Ratio
— — 0.00 10.47 170.90 0.00 0.00 0.00 0.00 —
PB Ratio
— — 0.00 0.00 0.00 0.00 0.00 1.64 1.60 —
EV/Sales
— — 0.00 0.00 146.00 3.72 12.82 (42.18) (2.65) —
EV/FCF
— — 0 0 0 0 (3) (1) (4) (6)
Op' Cash Flow
— — — 0 0 — — 0 0 0
Capex
— — 0 0 0 0 (3) (1) (4) (6)
FCF
— — 0 0 46 46 2 (6) (162) (30)
Working Cap'
— — 0 0 0 2 4 0 1 1
Total Debt
— — 0 0 (46) (46) (2) 0 (6) (3)
Net Debt
— — (1) 0 0 (2) (4) (6) (163) (16)
Sh' Equity
— — (138.78%) (0.42%) (0.69%) (1.27%) (7.91%) (519.85%) 0.00% 74.28%
ROA
— — 0.00% (0.08%) 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
ROIC
— — 0.00% 0.18% (399.37%) 71.44% (27.76%) 281.41% 0.00% (87.80%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Sep 2024 · latest quarter Jun 2026

T3 Defense Inc. (DFNS) key facts

  • T3 Defense Inc. (DFNS) is an Aerospace & Defense company in the Industrials sector, listed on Nasdaq.
  • T3 Defense Inc.’s revenue for fiscal 2024 (year ended September 2024) was $5.9 million, down 72.2% from fiscal 2023.
  • As of September 25, 2026, DFNS traded at $7.79, a market capitalization of $22.3 million.
  • Return on equity was −87.8% and debt-to-equity -0.40.

Source: company filings (standardised) and stockrow calculations.

T3 Defense Inc. (DFNS) Latest News

News by impact score

Fine-tune

15 Sep

3

T3 Defense Inc. (DFNS) receives new Rimon order amid rising European air-defense demand and may be repositioning operations accordingly. New Rimon order signals moderate growth opportunity in European defense sector without indicating immediate major trajectory shift.

14 Sep

3

T3 Defense Inc. (DFNS) reported its second quarter 2026 financial results. Quarterly earnings reports typically provide updates on financial performance that can shift near-term market views but rarely redefine long-term trajectory.

8 Sep

4

T3 Defense Inc. targets accelerating European demand for air defense ground-system components. Accelerating European demand enables T3 Defense to pursue major revenue growth and strategic expansion in air defense components.

26 Aug

3

T3 Defense subsidiary Tiltan will deliver Majestic.ai as licensed software. Tiltan delivery of Majestic.ai as licensed software may moderately expand T3 Defense revenue and positioning.

25 Aug

3

T3 Defense Inc. (DFNS) shares surged after Noble Financial issued a buy rating on the stock. Noble Financial buy rating produced immediate share price gains for T3 Defense.

21 Aug

4

T3 Defense Inc. (DFNS) enters the UAV and Counter-UAV platform market. Entry into UAV and C-UAV platforms marks a major strategic expansion likely to alter company trajectory.

3

T3 Defense subsidiary Tiltan secured an initial order for its next-generation infrared simulation program. Initial subsidiary order signals modest revenue potential without immediate large-scale effects.

4 Aug

3

T3 Defense Inc. subsidiary Tiltan received a purchase order from a leading Israeli defense contractor for a next-generation infrared electro-optical simulation program. Contract win for subsidiary adds revenue and tech validation but lacks disclosed scale to drive fundamental change.

31 Jul

3

T3 Defense Inc. subsidiaries Rimon and Tiltan report strong year-to-date operating performance. Strong subsidiary operating results are expected to support T3 Defense Inc. financial performance.

20 Jul

3

T3 Defense subsidiary ITS delivered an advanced composite materials production line to a leading building materials manufacturer, scaling defense-proven fiberglass technology for industrial use. Delivery expands T3 Defense technology application into commercial building materials, supporting potential new revenue.

10 Jul

4

T3 Defense Inc. completes Project35 acquisition to expand drone and counter-UAV portfolio. Project35 acquisition represents major strategic expansion in core drone and counter-UAV markets.

4

T3 Defense acquires majority stake in Project35, strengthening its position in the drone and counter-UAV market. Majority stake acquisition in Project35 drives strategic expansion in core drone and counter-UAV business.

30 Jun

3

T3 Defense subsidiary Positech reports $4.9 million in active and ongoing deliveries of military-grade single-axis rotators. $4.9 million in rotator deliveries signals steady defense revenue for T3 Defense.

24 Jun

4

T3 Defense Inc. (DFNS) launches as global aerospace and defense company focused on acquiring and operating mission-critical defense businesses. DFNS launch with defined acquisition strategy in defense sector marks major strategic move likely to shift company trajectory and investor views.

16 Jun

4

Nimbus launches live red team drone threat emulation deploying weaponized FPV systems to train forces and counter-drone solutions. Launch of weaponized FPV drone emulation systems drives major growth in DFNS core defense training and counter-drone markets.

1 Jun

4

T3 Defense subsidiary Rimon advances delivery of Counter-UAS launcher platforms for Elbit Systems' Active Defense Division. Progress on C-UAS deliveries to major defense contractor signals revenue growth and strengthened positioning for T3 Defense.

28 May

3

T3 Defense Inc. subsidiary Nimbus Drones Technologies establishes UAV laboratory. Subsidiary UAV lab creation supports potential drone tech innovation and positioning.

26 May

3

T3 Defense subsidiary Tiltan secures $1.3 million order to deliver advanced simulation solution for large-scale Israeli defense UAS program. Contract adds revenue and validates simulation tech in core defense market.

28 Apr

4

T3 Defense Inc. (DFNS) CEO converts $2.14 million of debt into equity, reducing outstanding debt and strengthening the balance sheet. CEO's $2.14 million debt-to-equity conversion significantly bolsters financial health and investor sentiment.

15 Apr

4

T3 Defense Inc. (DFNS) announced unaudited preliminary key financial and operational metrics for Q1 2026, its first reporting quarter as a defense-focused holding company. First-quarter preliminary metrics as a new defense holding company signal major strategic transition, likely driving significant shifts in investor sentiment and market performance.

31 Mar

4

T3 Defense Inc. (DFNS) reports increased commercial activity across subsidiaries, signaling rising demand for defense technologies. Rising demand drives commercial growth across subsidiaries, positioning DFNS for significant revenue gains and improved market sentiment.

2 Mar

3

T3 Defense Inc. highlights surging global demand for integrated air and missile defense systems and counter-UAS capabilities amid escalating international conflicts. Rising demand for integrated air defense and counter-UAS systems amid conflicts moderately boosts T3 Defense's market positioning and investor sentiment.

25 Feb

4

T3 Defense Inc. (DFNS) announces private placement of up to $20 million to accelerate its acquisition strategy. Raising up to $20 million via private placement enables accelerated acquisitions, significantly enhancing strategic growth and market position.

23 Feb

4

T3 Defense Inc. (DFNS) hires former Rafael and Avnon leaders to head business operations. Hiring top executives from Rafael and Avnon represents a major strategic enhancement to leadership and operational strength.

17 Feb

4

T3 Defense secures majority ownership of ITS Engineering, bolstering Nukkleus Inc. (DFNS) strategic position in defense engineering. Securing majority ownership represents a major strategic acquisition that strengthens engineering capabilities and competitive positioning for Nukkleus Inc.

9 Feb

4

Nukkleus Inc. has announced a corporate rebranding, changing its name to T3 Defense Inc. and its ticker symbol to DFNS. This rebranding reflects a strategic shift in the company's focus and identity within the defense sector. The rebranding indicates a significant strategic shift that could alter the company's market positioning and investor sentiment.

3 Feb

4

Nukkleus Inc.'s subsidiary, Rimon, has secured multi-year defense contracts to manufacture components for the Iron Dome missile defense system. This development highlights Rimon's role in enhancing defense capabilities and reflects the company's strategic focus on defense technology. Securing multi-year defense contracts for a critical defense system is likely to significantly impact future revenue and market positioning.

22 Jan

4

Nukkleus Inc. has provided updates on its recent acquisitions and outlined its growth strategy for 2026. The company aims to enhance its market position through strategic investments and operational improvements, focusing on expanding its product offerings and customer base. Nukkleus is committed to leveraging its acquisitions to drive innovation and increase revenue streams, positioning itself for sustainable growth in the coming years. The outlined growth strategy and acquisitions are likely to significantly impact Nukkleus's future performance and market positioning.

16 Jan

4

Nukkleus Inc. has acquired Nimbus Drones Technologies, an Israeli company specializing in UAV and counter-UAS technologies. This acquisition aims to enhance Nukkleus's capabilities in the drone sector, potentially expanding its market presence and technological offerings. The integration of Nimbus's advanced drone technologies is expected to bolster Nukkleus's strategic position in the growing UAV market. The acquisition of Nimbus Drones Technologies is a significant strategic move that could enhance Nukkleus's competitive positioning and market dynamics.

13 Jan

4

Nukkleus Inc. has completed the strategic acquisition of Star 26 Capital, enhancing its capabilities in defense AI and defense manufacturing. This move is expected to bolster Nukkleus's position in the defense sector, aligning with its growth strategy and expanding its technological offerings. The acquisition is a significant strategic move that could enhance Nukkleus's competitive position in the defense industry.

stockrow.com/DFNS · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com