T3 Defense (DFNSW) Operating Expenses (2020 - 2026)

T3 Defense's (DFNSW) quarterly Operating Expenses came in at $4.2 million in Q1 2026, up 177.5% year-on-year from $1.5 million in Q1 2025, and up 177.5% quarter-over-quarter from $1.5 million in Q1 2025.

T3 Defense (DFNSW) Operating Expenses (2020 - 2026) Analysis & Trends

T3 Defense's Operating Expenses history runs 7 years deep, the most recent figure standing at $4.2 million for Q1 2026.

  • On a quarterly basis, Operating Expenses rose 177.5% year-over-year to $4.2 million in Q1 2026; TTM through Mar 2026 was $4.2 million, a 10.28% decrease from a year earlier, with the FY2024 full-year figure at $15.2 million, down 11.35% from the prior year.
  • Operating Expenses rose to $4.2 million in Q1 2026 per DFNSW's latest filing, from $1.5 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $9.4 million in Q4 2023 and bottomed at $144590.0 in Q2 2022.
  • The 5-year median for Operating Expenses is $1.5 million (2024), against an average of $2.2 million.
  • Biggest YoY gain for Operating Expenses was 2037.58% in 2023; the steepest drop was 57.98% in 2023.
  • Year by year, Operating Expenses stood at $1.1 million in 2022, then surged by 769.61% to $9.4 million in 2023, then plunged by 82.6% to $1.6 million in 2024, then dropped by 7.94% to $1.5 million in 2025, then soared by 177.5% to $4.2 million in 2026.
  • Per Business Quant, the three latest DFNSW Operating Expenses figures stand at $4.2 million (Q1 2026), $1.5 million (Q1 2025), and $1.6 million (Q3 2024).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 General Electric 379.57 Bn 370.22 Bn -3.10 Bn 10.86 Bn
2 Rtx 293.92 Bn 285.61 Bn 9.91 Bn 21.96 Bn
3 Boeing 169.04 Bn 148.13 Bn 2.55 Bn 2.10 Bn
4 Lockheed Martin 134.53 Bn 130.74 Bn 2.45 Bn -
5 Howmet Aerospace 118.29 Bn 115.86 Bn 854.00 Mn 27.00 Mn
6 General Dynamics 105.84 Bn 102.14 Bn 9.09 Bn 12.06 Bn
7 Northrop Grumman 77.71 Bn 75.40 Bn 3.72 Bn 9.78 Bn
8 TransDigm 74.23 Bn 70.35 Bn 1.51 Bn 273.00 Mn
9 L3Harris Technologies 56.91 Bn 56.32 Bn 1.40 Bn 750.00 Mn
10 T3 Defense 1.69 Mn -4.86 Mn 371,000.00 4.18 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 4.18 Mn
Mar 31, 2025 1.51 Mn
Sep 30, 2024 1.64 Mn
Jun 30, 2024 1.52 Mn
Mar 31, 2024 2.62 Mn
Dec 31, 2023 9.41 Mn
Sep 30, 2023 459,994.00
Jun 30, 2023 3.09 Mn
Mar 31, 2023 2.04 Mn
Dec 31, 2022 1.08 Mn
Sep 30, 2022 1.09 Mn
Jun 30, 2022 144,590.00
Mar 31, 2022 469,271.00
Sep 30, 2021 153,337.00
Jun 30, 2021 28,567.00
Mar 31, 2021 78,411.00
Dec 31, 2020 100,584.00
Sep 30, 2020 47,262.00
Jun 30, 2020 40.00
Mar 31, 2020 124.00