Starfighters Space Q1 net loss widens to $4.27M on $0 revenue; cash drops to $1.40M

Starfighters Space, Inc.

2026-Q1 EPS reported -$0.10

Revenue $0 for Q1 2026 and Q1 2025; operating expenses $4.05M (+116% YoY); net loss $4.27M (+61% YoY).
Cash and restricted cash $2.14M at Mar 31, 2026, down from $4.01M at Dec 31, 2025.
Basic and diluted EPS loss of $0.10 vs $0.13 loss in Q1 2025; 44.17M shares outstanding.
STARLAUNCH 1 wind tunnel tests at Mach 0.85 and Mach 1.3 showed no adverse aerodynamic interactions.
CEO replaced in Feb 2026 (Tim Franta appointed); Jose Arias named VP Space Ops in May 2026.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Starfighters Space, Inc. reported first quarter of fiscal year 2026 for the period ended March 31, 2026 results: revenue $Nil revenue for Q1 2026, net income Net loss was $4.27 million, EPS basic and diluted loss per share of $0.10.

Period: first quarter of fiscal year 2026 for the period ended March 31, 2026
Revenue: $Nil revenue for Q1 2026
Net income: Net loss was $4.27 million
EPS: basic and diluted loss per share of $0.10
Result: reported results

Exact text from the filing

On May 20, 2026, Starfighters Space, Inc. (the "Company") issued a news release to report its financial results for the first quarter of fiscal year 2026 for the period ended March 31, 2026.

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Starfighters Space, Inc. filing history →

Source: SEC EDGAR

accession 0001062993-26-002822

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