Starfighters net loss widens 61% to $4.27 million in Q1 FY26

Starfighters Space, Inc.

Starfighters Space, Inc.

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  • Starfighters Space posted a Q1 fiscal 2026 net loss of $4.27 million, widening 61% from the prior-year quarter, on no revenue.
  • Operating expenses more than doubled to $4.05 million, while other expenses fell 72% to $0.22 million.
  • Loss per share narrowed to $0.10 from $0.13 a year earlier, while net cash used in operating activities rose to $3.96 million from $1.67 million.
  • Cash slid to $1.4 million at March 31 from $4.58 million at Dec. 31, while short-term investments dipped to $13.21 million from $15.27 million.
  • STARLAUNCH 1 wind-tunnel testing found no adverse aerodynamic interactions at Mach 0.85 and Mach 1.3, while Tim Franta was appointed CEO following Rick Svetkoff’s resignation.


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