Unusual Machines
Supplies U.S.-focused FPV drone components, video hardware, and complete systems.
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Profile
Sells U.S.-focused motors, flight electronics, FPV video hardware, and drones through enterprise component customers and Rotor Riot's retail channel. A mixed production model combines Orlando operations and Australian propulsion engineering with outside sourcing for critical electronics and other inputs.
Manufactures small-drone motors, flight electronics, FPV video hardware, and complete FPV systems for enterprise customers and individual enthusiasts. The Unusual Machines product line includes U.S.-built motors and compliant camera, transmitter, flight-controller, and speed-controller products; Fat Shark supplies video headsets, while Rotor Riot sells owned and third-party gear through a curated e-commerce channel.
Earns product-sale revenue from U.S. drone manufacturers, system integrators, distributors, and direct retail sales, with enterprise components now the primary channel. Orlando production complements an Australian motor operation, though electronics, optics, chips, and certain compliant products still come from third-party suppliers. Addressable demand depends partly on domestic-procurement rules, compliance frameworks, and customers' program execution.
Company facts
Key statistics
Year to date +76.5% · Average volume (30d) 4.5M
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Rating | Prior target | Target |
|---|---|---|---|---|---|
| Aug 12, 2026 | Piper Sandler | Initiate | Overweight | $38 | |
| Jul 15, 2026 | National Bank | Target | $42 | ||
| Jul 15, 2026 | H.C. Wainwright | Initiate | Buy | ||
| Jun 11, 2026 | Needham | Target | $22 | $30 | |
| Jun 2, 2026 | Roth Capital | Target | $25 | $40 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 6, 2026Q2 FY26 | −$0.16 | −$0.16 | 0.0% | $9.2M | $16.7M | +81.9% | −5.83% |
| May 14, 2026Q1 FY26 | −$0.08 | $0.21 | +362.5% | $5.5M | $8.1M | +46.3% | −4.31% |
| Mar 9, 2026Q4 FY25 | −$0.10 | −$0.30 | −215.8% | $3.6M | $4.9M | +36.4% | +7.06% |
| Nov 6, 2025Q3 FY25 | $0.13 | −$0.03 | −123.1% | $3.6M | $2.1M | −40.5% | −1.49% |
Financial highlights
| 11 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $2.0M | $2.1M | $2.1M | $4.9M | $8.1M | $16.7M | |
| Gross profit | $496.8K | $794.7K | $840.4K | $1.8M | $2.6M | $5.8M | |
| Operating income | −$3.3M | −$7.2M | −$5.0M | −$9.7M | −$7.3M | −$7.8M | |
| Net income | −$3.3M | −$7.0M | $1.6M | −$10.6M | $10.3M | −$7.8M | |
| Diluted EPS | −$0.21 | −$0.32 | $0.05 | −$0.35 | $0.21 | −$0.16 | |
| Gross margin | 24.3% | 37.4% | 39.4% | 36.2% | 32.0% | 34.7% | |
| Operating margin | -160.0% | -338.5% | -232.4% | -198.7% | -89.7% | -46.8% |
Fiscal years (4-quarter sums)FY24 $5.6M · FY25 $11.2M
Revenue by product · Q2 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $316.4M · Total debt $3.2M · Total assets $397.5M · Shareholders' equity $388.0M
Dividends
No dividends on record.
Ownership
Shares outstanding 47.79M · Float 45.33M · 94.8% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 3.43M | 7.20% | 13G | Jul 30, 2026 |
| Jane Street Group, LLC | 2.64M | 5.50% | 13G | Jun 3, 2026 |
| Ameriprise Financial Inc | 2.02M | 4.23% | 13F | Jul 17, 2026 |
| Tudor Investment Corp et al | 1.80M | 3.77% | 13F | May 15, 2026 |
| Vanguard Capital Management LLC | 1.78M | 3.73% | 13F | May 15, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 20, 2026 | Stacy Rochelle Wright | officer: Chief Revenue Officer | −27,500 | $26.00 |
| Aug 20, 2026 | Andrew Ross Camden | officer: President | −9,625 | $26.01 |
| Aug 20, 2026 | Brian Joseph Hoff | officer: Chief Financial Officer | −11,413 | $26.01 |
Peers
- Draganfly
NDAA-compliant Flex FPV systems target tactical and enterprise UAS demand.
- Red Cat
Tactical FPV and Blue UAS systems vie for U.S. defense procurement.
- AeroVironment
Scaled Group 1–2 UAS portfolios raise barriers in tactical ISR.
- AgEagle Aerial Systems
Blue-listed fixed-wing UAS and sensing systems overlap in defense design-ins.
- Ondas
Autonomous security and defense drone systems overlap in enterprise programs.
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Unusual Machines | $23.99 | +0.16% | $1.15B | — | — | 36.0 | +687.3% |
| Draganfly | $4.56 | +2.24% | $163.0M | — | — | 24.3 | +20.8% |
| Red Cat | $8.51 | +0.18% | $1.29B | — | — | 20.3 | +1,138.9% |
| AeroVironment | $148.44 | +0.40% | $7.49B | — | 45.5 | 3.8 | +133.3% |
| AgEagle Aerial Systems | $1.09 | +1.26% | $61.8M | — | — | 6.8 | −36.0% |
| Ondas | $7.93 | +0.19% | $4.50B | 119.3 | — | 25.9 | +1,235.4% |
| Median | 119.3 | 45.5 | 20.3 | +133.3% |