Earnings ·
DEFSEC Technologies Inc. reported third quarter fiscal 2026 results with revenue of $2,722.2 thousand CAD, a 92%…
DFSCWDEFSEC Technologies Inc.
DEFSEC Technologies Inc. reported third quarter fiscal 2026 results with revenue of $2,722.2 thousand CAD, a 92% increase from the prior year period. Gross margin expanded to 33.1%, up from 28.2%, while operating expenses rose to $3,463.1 thousand CAD, resulting in an Adjusted EBITDA loss of $(1,942.7) thousand CAD. The company completed testing of its BLISS™ system with the U.S. Army and received an invitation for additional evaluations. Additionally, DEFSEC commercially released DEFSEC Lightning™ 2.0 and ARWEN® 40mm ammunition. The company operates in the defense technology sector, developing tactical systems, software platforms, and less-lethal products for military and security forces.