Every 10-Q that AIRO Group Holdings, Inc. (AIRO) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow AIRO and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AIRO filings page.
AIRO Group Holdings, Inc. reported strong top-line growth but a return to losses for the quarter and six months ended June 30, 2026. Quarterly revenue rose to $43.2 million from $24.6 million a year earlier, led by the Drones segment, particularly European defense customers. Six‑month revenue increased to $52.1 million from $36.3 million.
Despite higher revenue and gross profit, AIRO posted a quarterly net loss of $2.0 million versus prior‑year net income of $5.9 million, and a six‑month net loss of $17.4 million versus income of $3.9 million, driven by elevated R&D and segment/corporate costs and lower one‑time gains. Operating cash outflow was $48.7 million for the first half, reducing cash and restricted cash to $26.0 million, though management cites July collections of $43.2 million of June 30 receivables and working capital of $61.5 million as support for at least 12 months of funding.
The Drones segment is now the primary revenue driver, while Electric Air Mobility remains pre‑revenue and the Training segment continues to generate losses and is under strategic review. AIRO carries substantial $568.2 million of goodwill and $79.4 million of intangible assets and discloses existing material weaknesses in internal control over financial reporting. New developments include AS9100D certification for its Phoenix facility, addition of the RQ‑35 drone to the U.S. Department of War Blue UAS list, a new DKK 60.0 million overdraft facility, and a pending 50/50 Ukraine‑focused drone joint venture facing notable geopolitical and regulatory risks.
AIRO Group Holdings posted a sharply weaker quarter for the three months ended March 31, 2026. Revenue fell to $8.9 million from $11.8 million, mainly reflecting lower sales in the Drones and Training segments, while gross profit dropped to $2.4 million from $6.9 million.
Operating expenses nearly doubled to $19.5 million, driven by higher research and development, sales and marketing, and general and administrative costs, leading to a much larger net loss of $15.5 million versus $2.0 million a year earlier. Despite the loss, AIRO reported cash and restricted cash of $54.4 million and working capital of $62.5 million as of March 31, 2026, and management believes this liquidity is sufficient for at least the next twelve months.
AIRO Group Holdings (AIRO) filed its quarterly report for the period ended September 30, 2025. The company completed two equity raises in 2025: an IPO netting $58.3 million and a follow‑on offering netting $82.6 million. It also repurchased 1.1 million shares for $19.4 million. Cash and restricted cash were $83.7 million with working capital of $74.5 million. Management states these proceeds alleviated prior substantial doubt about going concern.
Operations were mixed. Quarterly revenue was $6.28 million versus $23.69 million a year ago, with a net loss of $(8.0) million. For the nine months, revenue was $42.63 million and net loss narrowed to $(4.06) million, helped by other income items including a gain on debt extinguishment. Shares outstanding were 31,303,834 as of November 14, 2025.
AIRO Group Holdings, Inc. reported strong year-over-year revenue growth for the quarter ended June 30, 2025 with revenue of $24.55 million versus $9.78 million a year earlier, producing a gross profit of $15.03 million. Operating expenses rose sharply to $34.72 million in the quarter, driven primarily by higher general and administrative costs, producing an operating loss of $19.69 million. Non-operating items, including a $15.56 million gain on extinguishment of debt and other fair value adjustments, produced total other income of $27.62 million and resulted in net income of $5.87 million for the quarter.
The company completed its IPO in June 2025, issuing 6.9 million shares at $10.00 per share and recording net proceeds of $61.5 million, which management says alleviated prior going concern uncertainties. Cash and restricted cash totaled $40.5 million at June 30, 2025 and working capital was reported at $12.6 million. Total assets were $747.8 million, driven by $572.0 million of goodwill, while total liabilities declined to $68.3 million as contingent consideration and certain investor note fair value liabilities were resolved or converted. The condensed statements show significant non-cash items, stock-based compensation, and debt conversions that materially affected reported results and equity during the period.