Nukkleus 2025 Q3 Earnings Sharp Deterioration as Net Income Plunges 467.3%

Nukkleus (NUKK) reported its fiscal 2025 Q3 earnings on Nov 14th, 2025. The results fell well short of expectations, with a net loss of $16.37 million—reflecting a 467.3% deterioration from 2024 Q3—and an EPS of -$2.02, marking a 192.7% negative change. The company provided no forward-looking guidance, underscoring the challenges in its transition to the defense sector.

Revenue

Nukkleus reported total revenue of $0 for 2025 Q3, unchanged from 2024 Q3.

Earnings/Net Income

The company swung to a loss of $2.02 per share, a 192.7% negative change from a profit of $2.18 per share in 2024 Q3. Net income deteriorated to a $16.37 million loss, a 467.3% decline from $4.46 million in the prior-year period. The sharp decline in EPS and net income signals a challenging quarter for Nukkleus.

Price Action

The stock price of Nukkleus edged down 0.00% during the latest trading day, plummeted 21.14% in the most recent full trading week, and has dropped 64.15% month-to-date. The strategy of buying Nukkleus (NUKK) shares on the date of quarterly earnings releases and holding for 30 days showed poor performance over the past three years, with a cumulative return of -76.78%, significantly underperforming the market. This indicates that this strategy was not profitable for NUKK, suggesting that investors may want to reconsider their approach, especially given the recent shift in the company's focus and potential growth in the defense sector.

CEO Commentary

Menny Shalom, CEO of Nukkleus, emphasized the company’s strategic pivot to the defense sector, stating, “We remain committed to optimizing operations and accelerating our transition to high-potential A&D businesses. While Q3 results reflect the challenges of restructuring, our upcoming acquisition of Star and participation in Milipol Paris 2025 underscore our confidence in long-term growth.”

Guidance

The company provided no explicit forward-looking financial targets but outlined operational focus areas: completing the Star acquisition, integrating AI-driven defense technologies, and scaling existing partnerships.

Additional News

Nukkleus announced its acquisition of Star, an Israeli defense firm specializing in "iron dome" launchers, which will secure a 100% controlling interest and redefine its business focus. The company also showcased integrated A&D technologies at Milipol Paris 2025, including AI-powered security systems from Zorronet and radar imaging solutions from Scanary. Operationally, Nukkleus sold its payment services subsidiary, DRFQ, in July 2025, and ceased general support services in January 2024, reflecting a strategic exit from non-core operations to prioritize defense-sector growth.