Sidus Space Stock Drops After Revenue Falls And Losses Deepen

4/1/2026
Impact: -75
Industrials

Sidus Space Inc (NASDAQ: SIDU) reported a 28% decline in revenue for the year ended December 31, 2025, totaling approximately $3.38 million, down from $4.67 million in 2024. The company's costs surged, with cost of revenue increasing by 48% to about $9.08 million, resulting in a gross loss of approximately $5.69 million and a net loss that widened by 68% to $29.47 million. As a result, Sidus Space shares fell 8.19% to $2.13 amid concerns over operational costs and contract timing issues.

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