DFNS · T3 Defense Inc.
What's happening
- DFNS is up 2.44% today, trading at $5.04. — Live quote
- It's trading within 3% of its 52-week low ($3.70). (Finnhub fundamentals)
- Volume today (8,951) is well below its 3-month average of 2,657,440. (Finnhub fundamentals)
- Reports earnings on 2026-11-09, 17 days away. (Finnhub earnings calendar)
- Last quarter's EPS missed estimates: $-173.80 actual vs. $-4.50 estimated (-3763.8%). (Finnhub earnings history)
Deterministic template sentences filled in from the same sourced figures shown elsewhere on this page -- not an AI-written summary, no live model call.
Key Statistics
Analyst Recommendations
Aggregate ratings for 2026-10-01 (7 analysts polled by Finnhub) — consensus count.
Performance Overview (Trailing returns vs S&P 500 benchmark)
Earnings Trends (Quarterly EPS Actual vs Estimate)
Valuation Measures & Ratios
Quarterly history (5 periods)
| Measure | Jun '26 | Mar '26 | Sep '25 | Jun '25 | Mar '25 |
|---|---|---|---|---|---|
| Market cap | $29.7M | $67.35B | $212.97B | $1.83B | $263.78B |
| P/E | -0.24 | 1078.26 | -2992.20 | -36.37 | -4796.73 |
| Price/Book | -1.17 | 1862.38 | -7001.60 | -34.31 | -4610.11 |
| ROE | 481.45% | 172.72% | 233.99% | 94.33% | 96.11% |
| ROA | -38.58% | 19.80% | -535.65% | -704.55% | -639.29% |
Trailing-twelve-month ratios computed from SEC EDGAR quarterly figures and historical daily close prices (Alpaca). Diluted shares are derived from Net income ÷ EPS (diluted) for each quarter, not separately reported. Forward P/E/PEG unavailable (no free data source).
Glossary — what these abbreviations mean
- 1. TTM
- Trailing twelve months — the sum of the last four reported quarters, not a calendar year or the single latest quarter.
- 2. EPS
- Earnings per share — net income divided by diluted shares outstanding.
- 3. Beta
- A stock's historical volatility relative to the overall market. Above 1 means it has moved more than the market; below 1, less.
- 4. EV (Enterprise Value)
- Market cap plus total debt minus cash — roughly what it would cost to buy the whole company, debt included.
- 5. Forward P/E
- Price divided by analysts' estimated earnings for the next 12 months, instead of trailing actual earnings.
- 6. PEG Ratio
- P/E divided by expected earnings growth rate. A lower number can indicate a stock is cheap relative to how fast it's expected to grow.
- 7. Price / Book
- Share price divided by book value (assets minus liabilities) per share.
- 8. ROE
- Return on equity — net income divided by shareholders' equity, a measure of how efficiently a company turns equity into profit.
- 9. ROA
- Return on assets — net income divided by total assets, a measure of how efficiently a company turns assets into profit.
- 10. MRQ
- Most recent quarter — the single latest reported period, as opposed to TTM. The Financials section's "Quarterly" view below shows MRQ-style figures.
- 11. YoY
- Year over year — percent change versus the same period one year earlier, used for growth figures like those on Compare cards and the Screener.
Short Interest
Source: FINRA Rule 4560 consolidated short interest, settlement date 2026-09-30. Reported bi-monthly with a reporting lag — not real-time.
Quotes and the 1-day extended-hours chart: Yahoo Finance. Longer historical charts: Alpaca (IEX feed) — real-time but IEX-only volume (~2.5% of consolidated market volume). Fundamentals + earnings: Finnhub.
Price history
Drag horizontally to zoom into a section; use Reset view to restore all observations.
Technical signal summary
Calculating from the latest year of daily price history…
Show Technical Analysis Breakdown ▾ 10 Indicators
Not investment advice — read several signals together.
Indicators None active
History limited by data provider; markers are heuristics, not signals.
Peer and sector context
Balanced evidence
A deterministic summary of sourced facts—not an AI verdict.
Potential strengths
- Latest SEC filing is Form 8-K, filed 2026-10-07; review it for current changes and risks. SEC EDGAR ↗
Potential concerns
- Revenue growth is -21.0% on the provider's reported measure. Finnhub fundamentals ↗
- Net profit margin is -1433.3%. Finnhub fundamentals ↗
- Trailing 52-week price return is -99.5%. Finnhub market metrics ↗
Rule-based facts only; absence from either side is not evidence, and this is not a recommendation.
More on DFNS
No accessible free API for these — links go to the source directly.
Financials
Fundamental trends
Visualized from the same SEC figures in the tables below.
Income statement
| Line item | Jun '26 | Mar '26 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.0M | $3.7M | — | $0 | — | — | — | $175.2K |
| Gross profit | $1.0M | $371.0K | — | $0 | — | — | — | $125.5K |
| Operating income | -$3.4M | -$3.8M | -$4.8M | -$1.0M | -$1.5M | -$4.5M | -$1.2M | -$1.0M |
| Net income | -$81.4M | -$27.1M | -$16.4M | $3.0M | $103.0M | -$160.8M | $4.5M | -$1.6M |
| EPS (diluted) | $-173.80 | $-1.14 | $-2.02 | $67.50 | $18.15 | $-51.96 | $2.18 | $-0.90 |
| EPS (basic) | $-173.80 | $-1.01 | $-2.02 | $72.50 | $20.76 | $-51.96 | $2.18 | $-0.90 |
| Operating margin | -$85 | -$104 | — | — | — | — | — | -$587 |
| Net margin | -$2.0K | -$743 | — | — | — | — | — | -$922 |
Balance sheet
| Line item | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $316.0M | $315.5M | $202.4M | $13.3M | $7.1M | $8.6M | $9.1M | $985.0K |
| Total liabilities | $159.8M | $98.4M | $45.2M | $43.7M | $60.5M | $65.8M | $172.5M | $8.1M |
| Stockholders' equity | -$25.3M | $36.2M | -$19.8M | -$30.4M | -$53.4M | -$57.2M | -$163.3M | -$7.1M |
| Total current assets | $21.2M | $22.8M | $13.6M | $13.1M | $7.0M | $8.5M | $9.1M | $965.7K |
| Total current liabilities | $153.2M | $91.6M | $43.5M | $43.6M | $60.4M | $64.7M | $171.4M | $7.1M |
| Cash & equivalents | $4.1M | $6.4M | $2.6M | $7.6M | $1.5M | $4.5M | $6.9M | $3.7K |
| Marketable securities (current) | $2.2M | $120.0K | $250.0K | — | — | — | — | — |
| Accounts receivable | $3.6M | $3.6M | $506.0K | — | — | — | — | — |
| Inventory | $4.7M | $3.5M | $0 | — | — | — | — | — |
| Other current assets | $2.9M | $1.9M | $224.0K | $730.9K | $551.1K | $72.8K | $107.0K | $279.4K |
| Property, plant & equipment | $575.0K | $559.0K | $101.0K | $15.9K | $13.4K | $9.9K | — | — |
| Goodwill | $99.0M | $100.2M | $7.7M | — | — | — | — | — |
| Intangible assets | $0 | $10.0K | $16.0K | — | — | — | — | — |
| Other non-current assets | $0 | $14.0K | $36.0K | — | — | — | — | — |
| Accounts payable | $4.0M | $2.5M | $124.0K | $87.4K | $97.2K | $18.3K | $70.0K | $448.3K |
| Accrued liabilities | — | — | $1.6M | — | — | — | $1.1M | — |
| Short-term debt | $4.5M | $4.2M | $12.0K | — | — | — | — | — |
| Other current liabilities | $6.1M | $7.7M | $3.1M | $233.1K | $129.0K | $45.1K | $1.2M | $579.5K |
| Long-term debt | — | $3.1M | — | — | — | — | — | — |
| Common stock & paid-in capital | $10.0K | $4.0K | $2.0K | $1.1K | $537 | $501 | $493 | $209 |
| Retained earnings | -$232.2M | -$149.7M | -$122.5M | -$111.5M | -$95.1M | -$98.1M | -$201.1M | -$40.3M |
| Accumulated other comprehensive income (loss) | -$276.0K | -$24.0K | $0 | -$2.3K | -$216.4K | -$93.2K | -$34.0K | -$144.9K |
Cash flow
| Line item | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$4.9M | -$4.9M | -$998.6K | -$2.5M | -$1.4M | -$1.3M | -$340.0K | -$3.1M |
| Investing cash flow | -$620.0K | -$3.8M | -$176.3M | -$2.0M | -$705.0K | -$810.0K | -$936.0K | $1.3K |
| Financing cash flow | $2.9M | $12.5M | $173.6M | $9.2M | -$878.0K | — | $9.1M | $2.3M |
| Free cash flow | -$4.9M | -$5.1M | -$1.0M | -$2.5M | -$1.4M | -$1.4M | — | — |
| Capital expenditures | $26.0K | $154.0K | $12.3K | $3.7K | $5.0K | $10.0K | — | — |
| Depreciation & amortization | — | — | — | — | — | — | — | — |
| Share-based compensation | $0 | $1.9M | $18.6M | -$95 | $0 | $178.0K | $6.0K | -$1.9M |
| Deferred income taxes | — | — | — | — | — | — | — | -$2.1M |
| Change in accounts receivable | -$145.0K | $400.0K | — | — | $0 | — | — | — |
| Change in accounts payable | $2.0M | -$1.5M | $12.2K | -$10.2K | $79.0K | -$51.0K | $70.0K | $82.0K |
| Purchases of investments | — | $5.0M | — | — | — | — | — | — |
| Dividends paid | — | $297.0K | — | — | — | — | — | — |
Income statement
| Line item | Dec '25 | Sep '24 | Sep '23 | Dec '22 | Sep '22 |
|---|---|---|---|---|---|
| Revenue | — | $5.9M | $21.3M | — | $21.5M |
| Gross profit | — | $998.5K | -$343.1K | — | -$661.4K |
| Operating income | -$32.6M | -$7.1M | -$17.5M | -$1.2M | -$11.1M |
| Net income | $78.5M | -$8.5M | -$17.4M | -$967.6K | -$11.8M |
| EPS (diluted) | $7.96 | $-4.93 | $-1.73 | $-0.21 | $-1.21 |
| EPS (basic) | $8.45 | $-4.93 | $-1.73 | $-0.21 | $-1.21 |
| Operating margin | — | -$120 | -$82 | — | -$52 |
| Net margin | — | -$144 | -$82 | — | -$55 |
Balance sheet
| Line item | Dec '25 | Dec '24 | Sep '24 | Sep '23 | Dec '22 |
|---|---|---|---|---|---|
| Total assets | $202.4M | $9.1M | $985.0K | $3.4M | $6.1M |
| Total liabilities | $45.2M | $172.5M | $8.1M | $9.5M | $4.0M |
| Stockholders' equity | -$19.8M | -$163.3M | -$7.1M | -$6.2M | -$3.9M |
| Total current assets | $13.6M | $9.1M | $965.7K | $2.9M | $6.1M |
| Total current liabilities | $43.5M | $171.4M | $7.1M | $9.1M | $4.0M |
| Cash & equivalents | $2.6M | $6.9M | $3.7K | $19.3K | — |
| Marketable securities (current) | $250.0K | — | — | — | — |
| Accounts receivable | $506.0K | — | — | — | — |
| Other current assets | $224.0K | $107.0K | $279.4K | $32.5K | — |
| Property, plant & equipment | $101.0K | — | — | — | — |
| Goodwill | $7.7M | — | — | — | — |
| Intangible assets | $16.0K | — | — | — | — |
| Other non-current assets | $36.0K | — | — | — | — |
| Accounts payable | $124.0K | $70.0K | $448.3K | $138.7K | $315.0K |
| Accrued liabilities | $1.6M | $1.1M | — | — | — |
| Short-term debt | $12.0K | — | — | — | — |
| Other current liabilities | $3.1M | $1.2M | $579.5K | $6.8M | — |
| Common stock & paid-in capital | $2.0K | — | $209 | $126 | $3.9M |
| Retained earnings | -$122.5M | -$201.1M | -$40.3M | -$31.8M | -$7.8M |
| Accumulated other comprehensive income (loss) | — | -$34.0K | -$144.9K | $32.0K | — |
Cash flow
| Line item | Dec '25 | Sep '24 | Sep '23 | Dec '22 | Sep '22 |
|---|---|---|---|---|---|
| Operating cash flow | -$6.2M | -$3.8M | -$1.2M | -$1.1M | $1.6M |
| Investing cash flow | -$179.8M | $133.0K | -$1.1M | $47.4M | -$35.0K |
| Financing cash flow | $182.0M | $3.0M | $418.3K | -$40.4M | — |
| Free cash flow | -$6.2M | — | — | — | — |
| Capital expenditures | $31.0K | — | — | — | — |
| Depreciation & amortization | — | — | $273.7K | — | $264.2K |
| Share-based compensation | $18.8M | $230.0K | $370.9K | — | $1.9M |
| Deferred income taxes | — | -$2.1M | -$989.3K | — | -$1.4M |
| Change in accounts receivable | — | — | $618 | — | -$53.5K |
| Change in accounts payable | $30.0K | $280.5K | $82.4K | — | $7.3K |
| Purchases of investments | — | — | — | — | — |
Source: SEC EDGAR XBRL filings (10-Q/10-K), as originally tagged by the company. Quarterly cash flow is reconstructed by de-cumulating fiscal-year-to-date figures (how cash flow is tagged in 10-Qs); other quarterly lines are reported directly.
Institutional holders
SEC Form 13F filers holding DFNS as of the latest reported quarter. 13F only covers investment managers with $100M+ in assets — this is not a complete ownership picture, and does not include insiders (see Recent SEC filings below) or non-13F-eligible holders.
Source: Business Quant SEC Form 13F · report period 2026-06-30 · 27 filers
| Filer | Shares | Value | % Out | Qtr Change | Filed |
|---|---|---|---|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC | 18,940 | $404.8K | 3.95% | +265.9% | 2026-06-30 |
| JANE STREET GROUP, LLC | 8,582 | $183.4K | 1.79% | +3324.7% | 2026-08-14 |
| UBS Group AG | 4,965 | $106.1K | 1.03% | +29.5% | 2026-08-13 |
| BlackRock, Inc. | 3,840 | $82.1K | 0.80% | -10.0% | 2026-08-07 |
| Vanguard Personalized Indexing Management, LLC | 2,704 | $57.8K | 0.56% | +1922.9% | 2026-08-05 |
| GEODE CAPITAL MANAGEMENT, LLC | 2,304 | $49.3K | 0.48% | +13.5% | 2026-08-12 |
| VANGUARD FIDUCIARY TRUST CO | 2,255 | $48.2K | 0.47% | +316.6% | 2026-06-30 |
| XTX Topco Ltd | 792 | $16.9K | 0.16% | +0.0% | 2026-08-10 |
| State Street Corp | 746 | $15.9K | 0.16% | +115.6% | 2026-08-07 |
| Northern Trust Corp | 564 | $12.1K | 0.12% | +47.2% | 2026-08-12 |
| Clearview Wealth Management LLC | 328 | $7.0K | 0.07% | +0.0% | 2026-07-13 |
| LPL Financial LLC | 249 | $5.3K | 0.05% | +0.4% | 2026-08-07 |
| Heirloom Wealth Management | 247 | $5.3K | 0.05% | +0.0% | 2026-08-03 |
| ACT Advisors, LLC. | 182 | $3.9K | 0.04% | +0.0% | 2026-07-22 |
| Coyle Financial Counsel LLC | 132 | $2.8K | 0.03% | +0.0% | 2026-08-06 |
| Revolve Wealth Partners, LLC | 117 | $2.5K | 0.02% | +0.0% | 2026-07-09 |
| Wealthspire Advisors, LLC | 112 | $2.4K | 0.02% | +0.0% | 2026-08-11 |
| TRB Wealth Management, LLC | 105 | $2.2K | 0.02% | +0.0% | 2026-08-11 |
| INSIGNEO ADVISORY SERVICES, LLC | 82 | $1.8K | 0.02% | +0.0% | 2026-08-14 |
| HB Wealth Management, LLC | 80 | $1.7K | 0.02% | +0.0% | 2026-07-29 |
| Vanguard Global Advisers, LLC | 57 | $1.2K | 0.01% | +0.0% | 2026-06-30 |
| Avion Wealth | 44 | $0 | 0.01% | +1768.7% | 2026-07-31 |
| OSAIC HOLDINGS, INC. | 24 | $514 | 0.01% | -5.5% | 2026-08-14 |
| MERCER GLOBAL ADVISORS INC /ADV | 24 | $503 | 0.00% | +0.0% | 2026-08-11 |
| Marquette Asset Management, LLC | 19 | $400 | 0.00% | +0.0% | 2026-06-30 |
Insider activity
Directors, officers, and 10%+ owners' reported transactions from SEC Form 4. A filing reports a transaction; it does not by itself explain why it happened.
Source: SEC EDGAR Form 4 filings · checked 21 most recent filings · covers 2022-04-19 to 2026-04-27
Recent transactions
- Most recent: Shalom Menachem (Chief Executive Officer) — Other acquisition/disposition of 4,174,399 shares on 2026-04-27.
Deterministic template sentences filled in from the SEC Form 4 figures in the tables below -- not an AI-written summary, no live model call.
Insider purchases & sales, last 6 months
Counts only open-market purchases (code P) and sales (code S) — grants, option exercises, tax withholding, and gifts are excluded since they aren't a market buy/sell decision.
Insider roster
| Name | Title | Most Recent Transaction | Date | Shares |
|---|---|---|---|---|
| Shalom Menachem | Chief Executive Officer | Other acquisition/disposition | 2026-04-27 | 4,174,399 |
| Kotaieva Anastasiia | See Remarks below | Open market sale | 2025-12-30 | 75,000 |
| SC Capital II Sponsor LLC | 10% owner | Open market purchase | 2025-11-28 | 255,000 |
| Nagar Tomer | Director | Grant / award | 2025-11-13 | 5,000 |
| Yeganeh Reuven | Director | Grant / award | 2025-11-13 | 10,000 |
| Rokach David | Director | Grant / award | 2025-11-13 | 5,000 |
| Volodarsky Aviya | Director | Grant / award | 2025-11-13 | 5,000 |
| Shen Yebo | Director | Other acquisition/disposition | 2022-04-19 | 5,000 |
| Ferrier Brian | Director | Other acquisition/disposition | 2022-04-19 | 5,000 |
Recent transactions
| Date | Insider | Title | Transaction | Shares | Price |
|---|---|---|---|---|---|
| 2026-04-27 | Shalom Menachem | Chief Executive Officer | Other acquisition/disposition | 4,174,399 | $0.51 |
| 2026-04-27 | Shalom Menachem | Chief Executive Officer | Other acquisition/disposition | 67,009 | — |
| 2026-01-29 | Shalom Menachem | CEO | In-the-money option exercise | 200,000 | $1.50 |
| 2026-01-16 | Shalom Menachem | CEO | Other acquisition/disposition | 1,992,010 | $0.00 |
| 2025-12-30 | Kotaieva Anastasiia | See Remarks below | Open market sale | 75,000 | $4.03 |
| 2025-12-29 | Kotaieva Anastasiia | See Remarks below | Open market sale | 75,000 | $4.09 |
| 2025-12-26 | Kotaieva Anastasiia | See Remarks below | Open market sale | 55,604 | $4.26 |
| 2025-12-24 | Kotaieva Anastasiia | See Remarks below | Open market sale | 55,604 | $4.49 |
| 2025-12-23 | Kotaieva Anastasiia | See Remarks below | Open market sale | 70,000 | $4.57 |
| 2025-12-22 | Kotaieva Anastasiia | See Remarks below | Open market sale | 30,000 | $4.41 |
| 2025-12-19 | Kotaieva Anastasiia | See remarks | Open market sale | 70,000 | $4.53 |
| 2025-12-18 | Kotaieva Anastasiia | See remarks | Open market sale | 38,744 | $4.72 |
| 2025-11-28 | SC Capital II Sponsor LLC | 10% owner | Open market purchase | 255,000 | $10.00 |
| 2025-11-13 | Nagar Tomer | Director | Grant / award | 5,000 | $0.00 |
| 2025-11-13 | Yeganeh Reuven | Director | Grant / award | 10,000 | $0.00 |
| 2025-11-13 | Rokach David | Director | Grant / award | 5,000 | $0.00 |
| 2025-11-13 | Volodarsky Aviya | Director | Grant / award | 5,000 | $0.00 |
| 2025-11-13 | Shalom Menachem | Chief Executive Officer | Grant / award | 750,000 | $0.00 |
| 2025-10-24 | Kotaieva Anastasiia | Director | Gift | 377,432 | $0.00 |
| 2025-10-09 | Kotaieva Anastasiia | Director | Open market purchase | 259,864 | — |
| 2025-10-09 | Kotaieva Anastasiia | Director | Open market purchase | 999,989 | — |
| 2025-10-08 | Kotaieva Anastasiia | Director | Open market purchase | 117,568 | — |
| 2024-12-16 | Rokach David | Chief Executive Officer | Grant / award | 10,000 | $1.39 |
| 2024-12-16 | Shalom Menachem | Chief Executive Officer | Grant / award | 500,000 | $1.39 |
| 2024-12-16 | Volodarsky Aviya | Chief Executive Officer | Grant / award | 10,000 | $1.39 |
| 2024-12-16 | Kotaieva Anastasiia | Chief Executive Officer | Grant / award | 500,000 | $1.39 |
| 2024-12-16 | Yeganeh Reuven | Chief Executive Officer | Grant / award | 10,000 | $1.39 |
| 2024-11-08 | Kotaieva Anastasiia | Chief Executive Officer | Open market purchase | 319,952 | $2.41 |
Recent SEC filings
Official company reports and insider transaction filings. Form 4 reports a transaction; it does not by itself explain why it happened.
Source: SEC EDGAR submissions · updated 2026-10-23 04:06 UTC
| Filed | Form | Report period | Official filing |
|---|---|---|---|
| 2026-10-07 | 8-K | 2026-10-05 | View on SEC.gov → |
| 2026-09-11 | 8-K | 2026-09-08 | View on SEC.gov → |
| 2026-09-10 | 8-K | 2026-09-10 | View on SEC.gov → |
| 2026-08-31 | 8-K | 2026-08-28 | View on SEC.gov → |
| 2026-08-20 | 8-K | 2026-08-20 | View on SEC.gov → |
| 2026-08-18 | 10-Q | 2026-06-30 | View on SEC.gov → |
| 2026-08-17 | 8-K | 2026-08-17 | View on SEC.gov → |
| 2026-08-06 | 8-K | 2026-08-05 | View on SEC.gov → |
| 2026-07-16 | 8-K | 2026-07-16 | View on SEC.gov → |
| 2026-07-15 | 8-K | 2026-07-12 | View on SEC.gov → |
| 2026-07-13 | 8-K | 2026-07-13 | View on SEC.gov → |
| 2026-07-09 | 8-K | 2026-07-06 | View on SEC.gov → |
Recent news
Headlines about DFNS (T3 Defense Inc.). Links open the publisher — we don’t host full articles.
-
T3 Defense Delivers Mobile UAV Command-and-Control Vehicle to Israeli HLS Operator
Yahoo · 2026-10-22 -
T3 Defense's Rimon Agencies Subsidiary Delivers Drone-Integrated Mobile Command-And-Control Vehicle To B.K. Vision
Benzinga · 2026-10-22 -
Form S-3/A T3 Defense Inc For: 21 October By Investing.com
Investing.com Australia · 2026-10-21 -
T3 Defense Files Prospectus To Offer Securities Up To $250M
Benzinga · 2026-10-21 -
DFNS Q2 2026 Earnings: Per-Share Loss of 173.8 Far Exceeds Estimates as Shares Fall 21.5% - Earnings Season Outlook
https://www.siam.in/ · 2026-10-18 -
Technical Reactions to DFNS Trends in Macro Strategies
Stock Traders Daily · 2026-10-18 -
DFNS 8-K & SEC Filings
Yahoo! Finance Canada · 2026-10-17 -
T3 Defense Inc. (DFNS) Stock Price | Live Quotes & Charts | NASDAQ
Timothy Sykes · 2026-10-17
No headlines in this category right now — try “All”.