AgEagle Aerial Systems (UAVS) Financials

UAVS NYSE

Trailing 12 months to June 30, 2026

Revenue $9.1M -35.1% YoY

Net Income -$25.0M n/m YoY

Free Cash Flow -$14.9M n/m YoY

Operating Cash Flow -$14.3M n/m YoY

Market Cap $35.1M as of Oct 26, 2026

Price / Sales 3.9x on $9.1M revenue, trailing 12 months to June 30, 2026

Price / Earnings n/m net loss, so no earnings multiple, trailing 12 months to June 30, 2026

Price / Book 1.1x on $30.9M equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 26, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 14, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 14, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the UAVS SEC filings page.

AgEagle Aerial Systems, Inc. (UAVS) reported $9.1M in revenue over the twelve months to Jun 30, 2026, down 35.1% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI UAVS FY2025 2026-10-24

AgEagle's 2025 numbers show a financed balance-sheet reset and better gross economics, while the core operation still consumes cash.

The apparent earnings recovery was partly non-operating: the net loss narrowed from $35.0M to $5.28M as interest expense fell from $8.39M to $10K. Yet operating loss widened to $14.7M, and operating cash flow remained negative at -$10.0M, so bottom-line improvement did not represent equivalent progress in the underlying operation.

Gross economics improved despite a smaller top line: revenue fell 4.3%, while gross profit rose 5.6% and gross margin reached 51.8%. However, nearly unchanged SG&A and lower R&D did not prevent operating losses, indicating that overhead still exceeds the contribution generated by sales.

The balance sheet was reshaped primarily through financing rather than internally generated cash: assets increased 105.2% while liabilities fell 75.3%. A 7.9x current ratio and $36.2M of financing cash flow point to a much more liquid reported position, but the business still consumed $10.0M in operating cash.

Financial Health Signals

Financial Health Score (4 of 6 dimensions) 36/100

Scored as: Emerging companies peer group

Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed: here 4 of 6, with the others left out rather than counted as zero. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of AgEagle Aerial Systems, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Cash Runway

n/a

Not available for AgEagle Aerial Systems, Inc., so it is left out of the overall score, which averages the 4 of 6 dimensions that can be computed.

Dilution

AgEagle Aerial Systems, Inc. had 57M shares outstanding at the end of fiscal year 2025. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and AgEagle Aerial Systems, Inc. scores 9/100 among other emerging companies.

R&D Intensity

AgEagle Aerial Systems, Inc. spent $3.6M on research and development in fiscal year 2025, which was 13.1% of its operating costs that year. R&D Intensity ranks emerging companies on the share of operating costs that goes into research, and AgEagle Aerial Systems, Inc. scores 42/100 among other emerging companies.

Revenue Progress

AgEagle Aerial Systems, Inc. reported revenue of $12.8M in fiscal year 2025, against $13.4M in fiscal year 2024. Revenue Progress ranks emerging companies on the three-year path of that line, and AgEagle Aerial Systems, Inc. scores 39/100 among other emerging companies.

Burn Trend

AgEagle Aerial Systems, Inc.'s operations used $10.0M of cash in fiscal year 2025, against $6.6M used in fiscal year 2024. Burn Trend ranks emerging companies on which way that figure has moved over three years, and AgEagle Aerial Systems, Inc. scores 52/100 among other emerging companies.

Balance Sheet

n/a

Not available for AgEagle Aerial Systems, Inc., so it is left out of the overall score, which averages the 4 of 6 dimensions that can be computed.

Altman Z-Score Distress

-4.29

AgEagle Aerial Systems, Inc. scores -4.29, below the 1.81 distress threshold. The score is pulled down most by an accumulated deficit of $231.2M against total assets of $42.2M. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Neutral

4/9

AgEagle Aerial Systems, Inc. passes 4 of 9 financial strength tests. 1 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, 1 of 2 operating efficiency signals passes.

Earnings Quality No Cash Backing

N/A

AgEagle Aerial Systems, Inc. reported a net loss of $5.3M while operations used $10.0M of cash. With neither figure positive, the ratio between the two carries no quality signal.

Interest Coverage At Risk

N/A

AgEagle Aerial Systems, Inc. reported an operating loss of $14.7M against $10K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.

Key Financial Metrics

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Earnings & Revenue

Revenue

$2.7M

YoY-36.0%

QoQ+91.7%

5Y CAGR+6.8%

AgEagle Aerial Systems, Inc. generated $2.7M in revenue in Q2 2026. This represents a decrease of 36.0% from the same quarter a year earlier. Against the prior quarter it is up 91.7%.

EBITDA

-$5.5M

YoYn/m

QoQn/m

5Y CAGRn/m

AgEagle Aerial Systems, Inc.'s EBITDA was -$5.5M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.

Net Income

-$15.4M

YoYn/m

QoQ-1183.3%

5Y CAGRn/m

AgEagle Aerial Systems, Inc. reported a net loss of $15.4M in Q2 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. Against the prior quarter it is down 1183.3%.

EPS (Diluted)

-$0.26

QoQn/m

AgEagle Aerial Systems, Inc. earned -$0.26 per diluted share (EPS) in Q2 2026. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.

Cash & Balance Sheet

Free Cash Flow

-$6.2M

YoYn/m

QoQn/m

5Y CAGRn/m

AgEagle Aerial Systems, Inc. recorded an outflow of $6.2M in free cash flow in Q2 2026, representing a cash shortfall after capex. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.

Cash & Debt

$15.9M

YoY+189.1%

QoQ-40.9%

5Y CAGR-16.5%

10Y CAGR+28.9%

AgEagle Aerial Systems, Inc. held $15.9M in cash against $153K in long-term debt as of Q2 2026.

Shares Outstanding

63M

QoQ+9.9%

AgEagle Aerial Systems, Inc. had 63M shares outstanding in Q2 2026. Against the prior quarter it is up 9.9%.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Gross Margin

50.6%

YoY-5.1pp

QoQ+8.9pp

5Y change+0.1pp

AgEagle Aerial Systems, Inc.'s gross margin was 50.6% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 5.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 8.9 percentage points.

Return on Equity

-49.8%

YoY-41.9pp

QoQ-53.3pp

AgEagle Aerial Systems, Inc.'s quarterly ROE was -49.8% in Q2 2026: one quarter's net income over shareholder equity, not annualized. This is down 41.9 percentage points from the same quarter a year earlier. Against the prior quarter it is down 53.3 percentage points.

Operating Margin

Not shown for Q2 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.

Net Margin

Not shown for Q2 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.

Capital Allocation

R&D Spending

$2.0M

YoY+144.5%

QoQ+12.5%

5Y CAGR+16.9%

AgEagle Aerial Systems, Inc. invested $2.0M in research and development in Q2 2026. This represents an increase of 144.5% from the same quarter a year earlier. Against the prior quarter it is up 12.5%.

Capital Expenditures

$198K

YoY+1371.9%

QoQ-44.5%

5Y CAGR+9.2%

AgEagle Aerial Systems, Inc. invested $198K in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 1371.9% from the same quarter a year earlier. Against the prior quarter it is down 44.5%.

Share Buybacks

Not reported for Q2 2026.

UAVS Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

UAVS quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$9.1M	$12.8M-4.3%	$13.4M-2.5%	$13.7M-28.0%	$19.1M+95.6%	$9.8M+659.4%	$1.3M+333.3%	$297K+175.2%	$108K-7.1%	$116K	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	$4.9M	$6.2M-13.1%	$7.1M-14.2%	$8.3M-23.9%	$10.9M+97.6%	$5.5M+673.5%	$712K+252.2%	$202K+227.6%	$62K-33.9%	$93K	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	$4.1M	$6.6M+5.6%	$6.3M+15.1%	$5.5M-33.5%	$8.2M+93.1%	$4.3M+641.9%	$574K+506.3%	$95K+105.1%	$46K+103.4%	$23K	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	$5.8M	$3.6M-9.0%	$4.0M-28.1%	$5.5M-31.9%	$8.1M+98.7%	$4.1M+13790.9%	$29K-24.5%	$39Kn/m	$0	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$14.9M	$12.0M-0.4%	$12.0M-30.7%	$17.3M-23.6%	$22.7M+25.3%	$18.1M+553.2%	$2.8M+44.7%	$1.9M+35.8%	$1.4M+405.8%	$279K-39.2%	$458K-28.0%	$636K-19.5%	$791K-1.0%	$798K-1.3%	$809K-15.8%	$961K
Operating Income	-$22.4M	-$14.7Mn/m	-$12.6Mn/m	-$39.2Mn/m	-$64.3Mn/m	-$30.3Mn/m	-$4.9Mn/m	-$2.5Mn/m	-$2.1Mn/m	-$667Kn/m	-$11.1Mn/m	-$53.1M-7431.7%	$724K-57.1%	$1.7M+94.7%	$867Kn/m	-$1.2M
EBITDA	N/A	-$13.9Mn/m	-$11.6Mn/m	-$35.3Mn/m	-$60.3Mn/m	-$30.2Mn/m	-$4.9Mn/m	-$2.5Mn/m	-$2.0Mn/m	-$648Kn/m	-$10.7Mn/m	-$51.8M-1312.0%	$4.3M+20.6%	$3.5M+41.8%	$2.5Mn/m	-$72K
Interest Expense	N/A	$10K-99.9%	$8.4M+2465.5%	$327K+446.9%	$60K+661.4%	$8K+1330.2%	$549+9.6%	$501-98.5%	$32K-77.3%	$143K-92.5%	$1.9M+47.8%	$1.3M-0.9%	$1.3M+69.0%	$772K+155.5%	$302K-34.7%	$463K
Income Tax	$0	$0n/m	$0	N/A	$0n/m	$0	N/A	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0
Net Income	-$25.0M	-$5.3Mn/m	-$35.0Mn/m	-$42.4Mn/m	-$58.3Mn/m	-$30.1Mn/m	-$4.9Mn/m	-$2.5Mn/m	-$2.1Mn/m	-$797Kn/m	-$13.2Mn/m	-$51.9M-1235.2%	$4.6M+254.4%	$1.3M+74.1%	$741Kn/m	-$2.0M
EPS (Basic)	N/A	-$0.52	-$46.24	-$514.90	-$14.56	N/A	-$0.35n/m	-$0.18	-$0.25-327.3%	$0.11	-$1.92	N/A	N/A	N/A	N/A	-$0.03
EPS (Diluted)	—	N/A	-$46.24	-$514.90	-$14.56	N/A	-$0.35n/m	-$0.18	-$0.25-327.3%	$0.11	-$1.92n/m	-$6.50-1647.6%	$0.42	$0.04n/m	$0.00n/m	-$0.03
Diluted Shares (Avg)	N/A	N/A	1M	105,592	4M	N/A	N/A	N/A	N/A	11M	8M	N/A	N/A	N/A	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$2.7M-36.0%	$1.4M-61.6%	$3.0M+6.1%	$2.0M-40.0%	$4.2M+23.7%	$3.6M-6.3%	$2.8M-3.5%	$3.3M-5.7%
Cost of Revenue	$1.3M-28.6%	$816K-46.1%	$1.6M-5.3%	$1.2M-26.6%	$1.9M+1.1%	$1.5M-21.9%	$1.7M-0.5%	$1.7M-27.3%
Gross Profit	$1.4M-41.9%	$585K-72.6%	$1.4M+22.9%	$759K-53.6%	$2.3M+50.5%	$2.1M+9.2%	$1.1M-7.6%	$1.6M+34.6%
R&D Expenses	$2.0M+144.5%	$1.8M+139.4%	$1.1M+33.6%	$1.0M+4.4%	$811K-25.0%	$736K-34.8%	$788K-34.5%	$969K-29.2%
SG&A Expenses	$5.0M+38.5%	$3.9M+63.3%	$3.1M-5.7%	$2.9M+14.9%	$3.6M+19.4%	$2.4M-25.4%	$3.3M-18.4%	$2.5M-41.7%
Operating Income	-$5.6Mn/m	-$5.1Mn/m	-$8.5Mn/m	-$3.2Mn/m	-$2.1Mn/m	-$1.0Mn/m	-$5.8Mn/m	-$1.9Mn/m
EBITDA	-$5.5Mn/m	-$5.0Mn/m	-$8.5Mn/m	-$2.9Mn/m	-$1.7Mn/m	-$756Kn/m	-$5.6Mn/m	-$1.6Mn/m
Interest Expense	N/A	-$153K-365.1%	-$125K-102.0%	$27K-98.2%	$50K-85.7%	$58K-45.7%	$6.4M	$1.6M+1751.9%
Income Tax	$0n/m	$0n/m	$0	$0n/m	$0n/m	$0	N/A	$0
Net Income	-$15.4Mn/m	$1.4M-79.9%	-$8.4Mn/m	-$2.6Mn/m	-$1.3Mn/m	$7.1Mn/m	-$22.3Mn/m	-$3.5Mn/m
EPS (Basic)	-$0.26	$0.00	-$0.42	-$0.09	-$0.32	$0.51	N/A	-$16.03
EPS (Diluted)	-$0.26	$0.00	N/A	-$0.09	-$0.32	-$0.09	N/A	-$16.03
Diluted Shares (Avg)	60M	57M	N/A	32M	16M	20M	N/A	309,350

UAVS Balance Sheet

UAVS quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$42.2M+105.2%	$20.6M-18.2%	$25.2M-53.6%	$54.2M-48.2%	$104.7M+264.4%	$28.7M+499.0%	$4.8M-29.6%	$6.8M+2087.3%	$311K-96.1%	$8.0M-63.4%	$21.8M-71.3%	$76.1M+8.7%	$70.0M+88.9%	$37.0M+17.9%	$31.4M
Current Assets	$39.5M+261.1%	$10.9M+3.8%	$10.5M-27.1%	$14.5M-37.1%	$23.0M-7.3%	$24.8M+2096.1%	$1.1M-60.1%	$2.8M+1333.3%	$198K-88.2%	$1.7M-76.7%	$7.2M-2.7%	$7.4M+37.2%	$5.4M+52.7%	$3.5M-34.0%	$5.4M
Cash & Equivalents	$29.9M+726.2%	$3.6M+341.3%	$819K-81.2%	$4.3M-70.2%	$14.6M-39.1%	$23.9M+3234.3%	$718K-72.4%	$2.6M+7272.6%	$35K+122.1%	$16K-99.5%	$3.1M+285.1%	$806K-25.4%	$1.1M+40.6%	$767K-72.3%	$2.8M
Short-Term Investments	N/A	$0n/m	$0	N/A	N/A	$0n/m	$0n/m	$0n/m	$0-100.0%	$211K0.0%	$211K-79.3%	$1.0M0.0%	$1.0M0.0%	$1.0M0.0%	$1.0M
Inventory	$5.7M+3.4%	$5.5M-21.1%	$6.9M+3.8%	$6.7M+65.6%	$4.0M+2877.2%	$136K-38.7%	$221K+48.0%	$149K-5.8%	$159K-14.6%	$186K+28.7%	$144K-41.9%	$248K+3.9%	$239Kn/m	$0	N/A
Accounts Receivable	$3.4M+146.4%	$1.4M-33.3%	$2.1M-4.5%	$2.2M-24.1%	$2.9Mn/m	$0-100.0%	$66K+70688.2%	$93-63.5%	$255-100.0%	$600K-38.6%	$977K-23.5%	$1.3M-48.1%	$2.5M+101.5%	$1.2M-16.0%	$1.5M
Long-Term Investments	N/A	$0n/m	$0	N/A	N/A	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0
Goodwill	$0-100.0%	$4.5M-39.8%	$7.4M-68.1%	$23.2M-64.3%	$64.9M+1987.1%	$3.1M0.0%	$3.1M-5.0%	$3.3Mn/m	$0	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$6.5M-75.3%	$26.3M+82.1%	$14.5M+31.9%	$11.0M-61.0%	$28.1M+1085.0%	$2.4M+354.5%	$522K+73.7%	$300K-84.7%	$2.0M-77.9%	$8.9M-63.5%	$24.4M-18.9%	$30.1M-26.8%	$41.1M+166.1%	$15.4M+55.1%	$9.9M
Current Liabilities	$5.0M-36.7%	$7.9M-28.5%	$11.0M+104.9%	$5.4M-68.6%	$17.1M+685.8%	$2.2M+318.2%	$522K+73.7%	$300K-84.7%	$2.0M	N/A	$4.3M+2.9%	$4.1M-36.4%	$6.5M+42.8%	$4.6M+32.2%	$3.4M
Non-Current Liabilities	$1.5M-91.9%	$18.4M+438.0%	$3.4M-38.5%	$5.6M-49.1%	$11.0M+5686.0%	$189Kn/m	$0n/m	$0	N/A	$6.7M-66.6%	$20.1M-22.4%	$25.9M-25.0%	$34.6M+217.8%	$10.9M+67.3%	$6.5M
Long-Term Debt	$210K-23.6%	$274K-43.9%	$489K+9.5%	$447K-44.7%	$808K+4412.6%	$18K	N/A	N/A	N/A	$0-100.0%	$16.6M-27.8%	$23.0M-27.1%	$31.5M+271.1%	$8.5M+122.1%	$3.8M
Total Equity	$35.7Mn/m	-$5.7M-153.7%	$10.7M-75.3%	$43.2M-43.6%	$76.6M+190.6%	$26.4M+516.7%	$4.3M-34.3%	$6.5Mn/m	-$1.7Mn/m	-$897Kn/m	-$2.5M-105.5%	$46.0M+59.1%	$28.9M+33.8%	$21.6M+3.4%	$20.9M
Retained Earnings	-$231.2Mn/m	-$218.4Mn/m	-$165.6Mn/m	-$111.6Mn/m	-$51.1Mn/m	-$20.9Mn/m	-$8.2Mn/m	-$5.7Mn/m	-$3.6Mn/m	-$87.6Mn/m	-$71.4Mn/m	-$17.3Mn/m	-$20.5Mn/m	-$20.7Mn/m	-$20.5M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$37.9M+63.3%	$48.1M+137.9%	$42.2M+105.2%	$34.5M+56.4%	$23.2M+1.5%	$20.2M-12.9%	$20.6M-18.2%	$22.0M-52.1%
Current Assets	$28.1M+99.3%	$43.5M+296.0%	$39.5M+261.1%	$25.8M+192.4%	$14.1M+50.7%	$11.0M+17.6%	$10.9M+3.8%	$8.8M-17.5%
Cash & Equivalents	$15.9M+189.1%	$26.9M+611.1%	$29.9M+726.2%	$16.6M+6171.9%	$5.5M+463.1%	$3.8M+359.9%	$3.6M+341.3%	$265K-83.4%
Short-Term Investments	N/A	N/A	N/A	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m
Inventory	$5.6M-1.7%	$5.7M+6.1%	$5.7M+3.4%	$6.0M+1.7%	$5.7M-10.7%	$5.4M-16.3%	$5.5M-21.1%	$5.9M-2.9%
Accounts Receivable	$1.3M-47.7%	$753K-33.2%	$3.4M+146.4%	$2.5M+17.0%	$2.5M+62.0%	$1.1M-16.5%	$1.4M-33.3%	$2.2M+7.0%
Long-Term Investments	N/A	N/A	N/A	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m
Goodwill	N/A	N/A	$0-100.0%	$4.5M-39.8%	$4.5M-39.8%	$4.5M-39.8%	$4.5M-39.8%	$7.4M-65.9%
Total Liabilities	$7.0M+0.7%	$7.3M-54.8%	$6.5M-75.3%	$6.1M-61.2%	$6.9M-53.2%	$16.0M+13.2%	$26.3M+82.1%	$15.8M+25.3%
Current Liabilities	$4.4M-12.4%	$4.4M-21.8%	$5.0M-36.7%	$4.5M-66.6%	$5.0M-59.0%	$5.6M-50.5%	$7.9M-28.5%	$13.4M+69.6%
Non-Current Liabilities	$2.6M+35.0%	$2.9M-72.4%	$1.5M-91.9%	$1.7M-31.8%	$1.9M-26.4%	$10.4M+264.2%	$18.4M+438.0%	$2.4M-48.4%
Long-Term Debt	$153K-35.3%	$155K-33.7%	$210K-23.6%	$206K-30.7%	$237K-26.3%	$234K-34.2%	$274K-43.9%	$297K-41.6%
Total Equity	$30.9M+89.9%	$40.9M+878.2%	$35.7Mn/m	$28.3M+354.6%	$16.3M+101.6%	$4.2M-53.9%	-$5.7M-153.7%	$6.2M-81.4%
Retained Earnings	-$246.6Mn/m	-$231.2Mn/m	-$231.2Mn/m	-$220.2Mn/m	-$217.3Mn/m	-$212.4Mn/m	-$218.4Mn/m	-$185.0Mn/m

UAVS Cash Flow Statement

UAVS quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	-$14.3M	-$10.0Mn/m	-$6.6Mn/m	-$11.0Mn/m	-$19.8Mn/m	-$12.5Mn/m	-$2.3Mn/m	-$1.8Mn/m	-$1.8Mn/m	-$329Kn/m	-$2.1Mn/m	-$149K-105.6%	$2.6M-15.1%	$3.1M+36.2%	$2.3Mn/m	-$761K
Depreciation & Amortization	N/A	$810K-24.8%	$1.1M-71.8%	$3.8M-3.2%	$3.9M+6982.6%	$56Kn/m	$0-100.0%	$15K-16.3%	$18K-2.6%	$18K-95.5%	$414K-68.4%	$1.3M-63.1%	$3.5M+91.2%	$1.9M+13.7%	$1.6M+44.7%	$1.1M
Stock-Based Compensation	N/A	$418K+418.3%	$81K-93.8%	$1.3M-61.8%	$3.4M-24.1%	$4.5M+1021.5%	$402K+54.4%	$260K+135.4%	$111K+398.3%	$22K	N/A	N/A	N/A	N/A	N/A	N/A
Capital Expenditures	$606K	$75K+50.9%	$49K-77.0%	$215K-31.4%	$314K-40.3%	$525K+395.0%	$106K+334.1%	$24Kn/m	$0-100.0%	$13K	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	-$14.9M	-$10.0Mn/m	-$6.6Mn/m	-$11.2Mn/m	-$20.1Mn/m	-$13.0Mn/m	-$2.4Mn/m	-$1.8Mn/m	-$1.8Mn/m	-$342K	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$13.7M	-$75Kn/m	-$94Kn/m	-$777Kn/m	-$8.4Mn/m	-$42.5Mn/m	-$779Kn/m	-$24Kn/m	-$1.6Mn/m	-$88Kn/m	-$309K	N/A	-$6.4Mn/m	-$6.8Mn/m	-$10.6Mn/m	-$4.2M
Financing Cash Flow	$38.2M	$36.2M+279.4%	$9.5M+11.6%	$8.6M-51.2%	$17.5M-61.6%	$45.6M+73.7%	$26.3Mn/m	-$41K-100.7%	$5.9M+1254.1%	$436Kn/m	-$566K	N/A	$3.3M-22.0%	$4.2M-33.5%	$6.3M+30.8%	$4.8M
Dividends Paid	N/A	N/A	N/A	$340K+96.8%	$173K	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$758K+74.8%	$434K+670.8%	$56K
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$0-100.0%	$226K-84.9%	$1.5M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	-$6.0Mn/m	-$2.4Mn/m	-$2.6Mn/m	-$3.3Mn/m	-$2.7Mn/m	-$1.3Mn/m	-$2.5Mn/m	-$1.1Mn/m
Depreciation & Amortization	$76K-76.9%	$76K-69.2%	-$7K-102.6%	$243K-9.5%	$327K+23.1%	$247K-12.4%	$261K-66.7%	$268K-73.6%
Stock-Based Compensation	N/A	$75K+49.6%	N/A	N/A	N/A	$50K+168.5%	N/A	$17K-88.3%
Capital Expenditures	$198K+1371.9%	$357K+3324.6%	$36K+150.5%	$14K+4833.8%	$13K+9.5%	$10K-53.5%	$15K-88.0%	$293-99.4%
Free Cash Flow	-$6.2Mn/m	-$2.7Mn/m	-$2.7Mn/m	-$3.3Mn/m	-$2.8Mn/m	-$1.3Mn/m	-$2.5Mn/m	-$1.1Mn/m
Investing Cash Flow	-$10.3Mn/m	-$3.4Mn/m	-$36K-1907.0%	-$14Kn/m	-$13Kn/m	-$10Kn/m	$2Kn/m	-$3Kn/m
Financing Cash Flow	$5.2M+16.3%	$2.7M+87.5%	$15.8M+166.6%	$14.4M+4437.3%	$4.5M+173.8%	$1.4M-12.6%	$5.9M+226.0%	$318Kn/m
Dividends Paid	$51Kn/m	$854Kn/m	N/A	N/A	$0-100.0%	$0-100.0%	N/A	$48K-2.5%

Not reported in any period shown, so not listed: Share Buybacks.

UAVS Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

UAVS quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	51.8%+4.9pp	47.0%+7.2pp	39.8%-3.3pp	43.0%-0.6pp	43.6%-1.0pp	44.6%+12.7pp	31.9%-10.9pp	42.8%+23.3pp	19.5%	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	-115.0%	-94.3%	-284.9%	-336.6%	-310.3%	-383.6%	-850.1%	-1911.3%	-574.7%	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	-41.2%	-261.6%	-308.7%	-305.1%	-308.5%	-383.7%	-850.3%	-1929.0%	-687.0%	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	-14.8%	N/A	-396.6%-261.8pp	-134.8%-95.4pp	-39.3%-20.6pp	-18.7%+40.3pp	-59.0%-27.1pp	-32.0%	N/A	N/A	N/A	9.9%+5.5pp	4.5%+1.0pp	3.4%+13.1pp	-9.7%
Return on Assets	-12.5%+157.8pp	-170.3%-1.6pp	-168.6%-61.1pp	-107.5%-78.7pp	-28.8%-11.6pp	-17.2%+35.4pp	-52.6%-22.1pp	-30.6%+225.6pp	-256.1%-91.3pp	-164.9%+72.9pp	-237.8%-243.8pp	6.0%+4.2pp	1.8%-0.2pp	2.0%+8.4pp	-6.4%
Current Ratio	7.92+6.5x	1.39+0.4x	0.96-1.7x	2.69+1.3x	1.34-10.0x	11.36+9.2x	2.16-7.3x	9.43+9.3x	0.10	N/A	1.69-0.1x	1.79+1.0x	0.83+0.1x	0.78-0.8x	1.55
Debt-to-Equity	0.01	N/A	0.050.0x	0.010.0x	0.010.0x	0.00	N/A	N/A	N/A	N/A	N/A	0.50-0.6x	1.09+0.7x	0.39+0.2x	0.18
Liabilities-to-Equity	0.18	N/A	1.35+1.1x	0.25-0.1x	0.37+0.3x	0.090.0x	0.12+0.1x	0.05	N/A	N/A	N/A	0.65-0.8x	1.42+0.7x	0.71+0.2x	0.48
Asset Turnover	0.30-0.3x	0.65+0.1x	0.55+0.2x	0.35+0.3x	0.090.0x	0.040.0x	0.060.0x	0.02-0.4x	0.37	N/A	N/A	N/A	N/A	N/A	N/A
FCF Margin	-78.3%-28.9pp	-49.4%+31.9pp	-81.3%	-105.1%	-133.1%	-183.8%	-621.1%	-1649.3%	-294.4%	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Gross Margin	50.6%-5.1pp	41.7%-16.7pp	47.0%+6.4pp	38.5%-11.2pp	55.7%+9.9pp	58.5%+8.3pp	40.6%-1.8pp	49.8%+14.9pp
Operating Margin	-208.7%	-363.8%	-284.1%	-160.1%	-49.3%+25.6pp	-27.5%+34.0pp	-207.0%	-56.7%
Net Margin	-572.9%	101.4%	-282.1%	-132.7%	-30.5%+55.9pp	193.5%	-791.9%	-105.3%
Return on Equity	-49.8%-41.9pp	3.5%-165.5pp	-23.6%	-9.2%+46.3pp	-7.9%+28.4pp	169.0%+238.8pp	N/A	-55.5%-31.5pp
Return on Assets	-40.6%-35.1pp	2.9%-32.0pp	-20.0%+88.5pp	-7.6%+8.1pp	-5.5%+7.3pp	34.9%+62.1pp	-108.5%-11.1pp	-15.7%+1.7pp
Current Ratio	6.43+3.6x	9.93+8.0x	7.92+6.5x	5.78+5.1x	2.82+2.1x	1.96+1.1x	1.39+0.4x	0.66-0.7x
Debt-to-Equity	0.000.0x	0.00-0.1x	0.01	0.010.0x	0.010.0x	0.060.0x	N/A	0.050.0x
Liabilities-to-Equity	0.22-0.2x	0.18-3.7x	0.18	0.22-2.3x	0.42-1.4x	3.84+2.3x	N/A	2.54+2.2x
Asset Turnover	0.07-0.1x	0.03-0.2x	0.07-0.1x	0.06-0.1x	0.180.0x	0.180.0x	0.140.0x	0.15+0.1x
FCF Margin	-231.2%	-193.9%	-88.8%+0.9pp	-168.0%	-65.7%-23.2pp	-35.8%+4.7pp	-89.7%-12.8pp	-32.7%+27.4pp

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
AgEagle Aerial Systems, Inc. UAVS	FY2025	$12.8M	-$5.3M	-41.2%	$35.1M	36/100
Planet Image International Limited YIBO	FY2025	$155.2M	-$8.3M	-5.3%	$65.1M	41/100
Quantum Corporation QMCO	FY2026	$279.6M	-$101.0M	-36.1%	$736.6M	15/100
One Stop Systems, Inc. OSS	FY2025	$32.2M	$5.1M	15.8%	$149.2M	36/100
3D Systems Corporation DDD	FY2025	$386.9M	$29.9M	7.7%	$490.1M	34/100

Where AgEagle Aerial Systems, Inc. Ranks

Frequently Asked Questions

What is AgEagle Aerial Systems, Inc.'s annual revenue?

AgEagle Aerial Systems, Inc. (UAVS) reported $12.8M in total revenue for fiscal year 2025. This represents a -4.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is AgEagle Aerial Systems, Inc.'s revenue growing?

AgEagle Aerial Systems, Inc. (UAVS) revenue declined by 4.3% year-over-year, from $13.4M to $12.8M in fiscal year 2025.

Is AgEagle Aerial Systems, Inc. profitable?

No, AgEagle Aerial Systems, Inc. (UAVS) reported a net loss of $25.0M over the trailing 12 months to June 30, 2026. In fiscal year 2025 it reported a net loss of $5.3M, with a net profit margin of -41.2%.

What is AgEagle Aerial Systems, Inc.'s EBITDA?

AgEagle Aerial Systems, Inc. (UAVS) had EBITDA of -$13.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does AgEagle Aerial Systems, Inc. have?

As of fiscal year 2025, AgEagle Aerial Systems, Inc. (UAVS) had $29.9M in cash and equivalents against $210K in long-term debt.

What is AgEagle Aerial Systems, Inc.'s gross margin?

AgEagle Aerial Systems, Inc. (UAVS) had a gross margin of 51.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is AgEagle Aerial Systems, Inc.'s net profit margin?

AgEagle Aerial Systems, Inc. (UAVS) had a net profit margin of -41.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is AgEagle Aerial Systems, Inc.'s return on equity (ROE)?

AgEagle Aerial Systems, Inc. (UAVS) has a return on equity of -14.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is AgEagle Aerial Systems, Inc.'s free cash flow?

AgEagle Aerial Systems, Inc. (UAVS) recorded an outflow of $10.0M in free cash flow during fiscal year 2025. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is AgEagle Aerial Systems, Inc.'s operating cash flow?

AgEagle Aerial Systems, Inc. (UAVS) recorded an outflow of $10.0M in operating cash flow during fiscal year 2025, representing cash used by core business activities.

What are AgEagle Aerial Systems, Inc.'s total assets?

AgEagle Aerial Systems, Inc. (UAVS) had $42.2M in total assets as of fiscal year 2025, including both current and long-term assets.

What are AgEagle Aerial Systems, Inc.'s capital expenditures?

AgEagle Aerial Systems, Inc. (UAVS) invested $75K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does AgEagle Aerial Systems, Inc. spend on research and development?

AgEagle Aerial Systems, Inc. (UAVS) invested $3.6M in research and development during fiscal year 2025.

How many shares does AgEagle Aerial Systems, Inc. have outstanding?

AgEagle Aerial Systems, Inc. (UAVS) had 57M shares outstanding as of fiscal year 2025.

What is AgEagle Aerial Systems, Inc.'s current ratio?

AgEagle Aerial Systems, Inc. (UAVS) had a current ratio of 7.92 as of fiscal year 2025, which is generally considered healthy.

What is AgEagle Aerial Systems, Inc.'s debt-to-equity ratio?

AgEagle Aerial Systems, Inc. (UAVS) had a debt-to-equity ratio of 0.01 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.

What is AgEagle Aerial Systems, Inc.'s liabilities-to-equity ratio?

AgEagle Aerial Systems, Inc. (UAVS) had a liabilities-to-equity ratio of 0.18 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.

What is AgEagle Aerial Systems, Inc.'s return on assets (ROA)?

AgEagle Aerial Systems, Inc. (UAVS) had a return on assets of -12.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is AgEagle Aerial Systems, Inc.'s P/E ratio?

AgEagle Aerial Systems, Inc. (UAVS) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $35.1M as of Oct 26, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is AgEagle Aerial Systems, Inc.'s price-to-sales ratio?

AgEagle Aerial Systems, Inc. (UAVS) trades at 3.9x sales, its market capitalization divided by $9.1M revenue, trailing 12 months to June 30, 2026. The market capitalization is $35.1M as of Oct 26, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is AgEagle Aerial Systems, Inc.'s Altman Z-Score?

AgEagle Aerial Systems, Inc. (UAVS) has an Altman Z-Score of -4.29, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is AgEagle Aerial Systems, Inc.'s Piotroski F-Score?

AgEagle Aerial Systems, Inc. (UAVS) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are AgEagle Aerial Systems, Inc.'s earnings high quality?

AgEagle Aerial Systems, Inc. (UAVS) reported a net loss of $5.3M while operations used $10.0M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can AgEagle Aerial Systems, Inc. cover its interest payments?

AgEagle Aerial Systems, Inc. (UAVS) reported an operating loss of $14.7M against $10K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is AgEagle Aerial Systems, Inc.?

AgEagle Aerial Systems, Inc. (UAVS) scores 36 out of 100 on our Financial Health Score, indicating weak standing within its emerging companies peer group. The score is the average of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. For AgEagle Aerial Systems, Inc. it averages the 4 of 6 dimensions that can be computed; the others are left out rather than counted as zero. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.