AIRO · Airo Group Holdings, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Price · AIRO
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 |
|---|---|---|---|---|
| Revenue | $8.90M | - | $23.69M | $9.78M |
| Cost of Revenue | $4.86M | - | $3.49M | $9.52M |
| Gross Profit | $6.93M | - | $16.28M | $5.78M |
| R&D | $3.67M | - | $4.12M | $3.16M |
| SG&A | $10.84M | - | $3.84M | $3.90M |
| Total Operating Expenses | $10.01M | - | $46.65M | $8.47M |
| D&A | $2.79M | - | - | - |
| Operating Income | ($3.08M) | - | ($30.37M) | ($19.69M) |
| Interest Expense | - | - | - | $3.90M |
| Income Tax | ($1.65M) | - | ($613.1K) | $439.0K |
| Net Income | ($15.45M) | - | ($30.33M) | ($5.60M) |
| EPS - Basic | ($0.49) | - | ($0.28) | $0.32 |
| EPS - Diluted | ($0.12) | - | ($0.28) | $0.30 |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 |
|---|---|---|---|---|
| Cash & Equivalents | $54.42M | $74.55M | $83.68M | $5.25M |
| Accounts Receivable | - | - | - | - |
| Inventory | $22.51M | $11.64M | $16.19M | $10.61M |
| Accounts Payable | - | - | - | - |
| Current Assets | $94.61M | $106.48M | $106.60M | $79.16M |
| Total Assets | $759.12M | $774.14M | $774.58M | $747.85M |
| Current Liabilities | $32.13M | $30.86M | $32.07M | $66.52M |
| Long-term Debt | $500.0K | $500.0K | $674.7K | $688.3K |
| Total Liabilities | $36.72M | $34.95M | $35.03M | $152.27M |
| Stockholders' Equity | $722.40M | $739.19M | $739.55M | $591.36M |
| Retained Earnings | ($226.01M) | ($210.56M) | ($210.52M) | ($206.45M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 |
|---|---|---|---|---|
| Operating Cash Flow | ($17.40M) | - | - | - |
| Investing Cash Flow | ($345.0K) | - | - | - |
| Financing Cash Flow | ($640.0K) | - | - | - |
| CapEx | $345.0K | - | - | - |
| Free Cash Flow | ($17.75M) | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 |
|---|---|---|---|---|
| Profitability | ||||
| Gross margin | 77.9% | - | 68.7% | 59.0% |
| Operating margin | -34.6% | - | -128.2% | -201.3% |
| EBITDA margin | -3.3% | - | - | - |
| Net margin | -173.6% | - | -128.1% | -57.3% |
| Free cash flow margin | -199.4% | - | - | - |
| FCF / Net income | 1.15 | - | - | - |
| R&D / Revenue | 41.2% | - | 17.4% | 32.3% |
| SG&A / Revenue | 121.8% | - | 16.2% | 39.9% |
| Effective tax rate | - | - | - | - |
| Return on assets | -2.0% | - | -3.9% | -0.7% |
| Return on equity | -2.1% | - | -4.1% | -0.9% |
| Return on invested capital | -0.3% | - | -3.2% | -2.6% |
| Liquidity | ||||
| Current ratio | 2.94 | 3.45 | 3.32 | 1.19 |
| Quick ratio | 2.24 | 3.07 | 2.82 | 1.03 |
| Cash ratio | 1.69 | 2.42 | 2.61 | 0.08 |
| Leverage | ||||
| Debt / Equity | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt / Assets | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt / EBITDA | - | - | - | - |
| Interest coverage | - | - | - | -5.0x |
| Equity multiplier | 1.05 | 1.05 | 1.05 | 1.26 |
| Liabilities / Assets | 0.05 | 0.05 | 0.05 | 0.20 |
| Efficiency | ||||
| Asset turnover | 0.01 | - | 0.03 | 0.01 |
| Inventory turnover | 0.22 | - | 0.22 | 0.90 |
| Days sales outstanding | - | - | - | - |
| Days inventory outstanding | 1690d | - | 1692d | 407d |
| Days payable outstanding | - | - | - | - |
| Cash conversion cycle | - | - | - | - |
| Valuation | ||||
| P / E | - | - | - | 80.2x |
| P / B | 0.2x | - | 0.4x | 0.7x |
| P / S | 14.0x | - | 13.3x | 40.3x |
| EV / EBITDA | - | - | - | - |
| Growth | ||||
| Revenue growth (YoY) | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - |
| Operating income growth (YoY) | - | - | - | - |
| Net income growth (YoY) | - | - | - | - |
| EPS growth (YoY) | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - |
| FCF growth (YoY) | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - |
| Book value growth (YoY) | - | - | - | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$90.91M totalDrones$79.08M · 87.0%
Avionics$6.92M · 7.6%
Training$4.91M · 5.4%
Product / service
$13.84M totalProduct And Service Other$6.92M · 50.0%
Product$6.91M · 49.9%
Service$14.0K · 0.1%
Geographic
$6.92M totalUS$4.31M · 62.2%
Europe$1.59M · 22.9%
Other$1.03M · 14.9%
Peer comparison
Same SIC group: Aircraft
Comparing AIRO Group Holdings against the 5 most active filers in the same SIC group.