The AIRO Group (AIRO)
Builds drones, avionics, pilot training and electric-aircraft programs for defense and aviation markets.
$6.88
Pre-market−0.01 (−0.15%)
At close$6.89(−5.62%)
In millions of USD, except per-share figures
| In millions | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 11 | 14 | 10 | 24 | 40 | 12 | 25 | 6 | 48 | 9 | 43 |
| Cost of revenue | 8 | 5 | 4 | 7 | 12 | 8 | 10 | 3 | 16 | 7 | 18 |
| Gross profit | 3 | 8 | 6 | 16 | 28 | 4 | 15 | 3 | 32 | 2 | 25 |
| 6 | 9 | 8 | 47 | 12 | 7 | 35 | 15 | 26 | 20 | 23 | |
| Research & development | 1 | 3 | 3 | 3 | 4 | 2 | 4 | 4,124 | 11,870 | 7 | 8 |
| 4 | 6 | 5 | 5 | 8 | 6 | 31 | 11 | 18 | 13 | 18 | |
| Selling & marketing | 0 | 1 | 1 | 2 | 2 | 0 | 2 | 2 | 2 | 2 | 2 |
| General & administrative | 0 | 5 | 4 | 4 | 6 | 0 | 29 | 9 | 16 | 11 | 16 |
| Other expenses | 0 | 0 | 0 | 38 | 0 | 0 | 0 | −4,120 | −11,861 | 0 | −3 |
| Operating income | −2 | 0 | −3 | −30 | 16 | −3 | −20 | −12 | 6 | −17 | 2 |
| 1 | −1 | −2 | 2 | −11 | 1 | 28 | 3 | −1 | 0 | 0 | |
| Interest income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest expense | 0 | 0 | 1 | 12 | 1 | 1 | 8 | 80 | −79 | 0 | 0 |
| Other non-operating income | −1 | 0 | 2 | −15 | 11 | −2 | −36 | −83 | 80 | 0 | 0 |
| Income before tax | −1 | −1 | −5 | −28 | 5 | −2 | 8 | −9 | 5 | −17 | 2 |
| Income tax expense | 2 | 1 | 0 | 2 | 5 | 0 | 2 | −1 | 5 | −2 | 4 |
| Net income from continuing operations | −4 | −2 | −6 | −30 | −1 | −2 | 6 | −8 | 0 | −15 | −2 |
| Net income | −4 | −2 | −6 | −30 | −1 | −2 | 6 | −8 | 0 | −15 | −2 |
| EPS, basic | −$0.14 | −$0.08 | −$0.23 | −$1.21 | −$0.03 | −$0.08 | $0.22 | −$0.28 | −$0.00 | −$0.49 | −$0.06 |
| EPS, diluted | −$0.14 | −$0.08 | −$0.23 | −$1.21 | −$0.03 | −$0.08 | $0.22 | −$0.28 | −$0.00 | −$0.49 | −$0.06 |
| Weighted average shares, basic | 26 | 25 | 25 | 26 | 26 | 26 | 27 | 28 | 24 | 31 | 31 |
| Weighted average shares, diluted | 26 | 25 | 25 | 26 | 26 | 26 | 27 | 28 | 24 | 31 | 31 |
| EBITDA | 2 | 3 | −1 | −12 | 9 | 3 | 19 | 74 | −70 | −14 | 6 |
| Depreciation & amortization | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| EBIT | −1 | −1 | −4 | −16 | 5 | −1 | 16 | 71 | −74 | −17 | 2 |
