Short answer
AIRO Group Holdings, Inc. (AIRO) filed its Q1 2026 10-Q quarterly report on May 14, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $9M with net income of −$15M.
Q1 2026 key financials · XBRL
- Revenue
- $9M
- Net income
- −$15M
- Operating margin
- -192.8%
- Gross margin
- 26.6%
- EPS (diluted)
- −$0.49
Source: XBRL data from the AIRO Group Holdings, Inc. (AIRO) Q1 2026 10-Q on SEC EDGAR. USD.
AIRO Group Holdings, Inc. Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $8.9M, down 24.5% YoY from $11.8M, driven by lower Drones, Avionics, and Training sales
- Gross margin 26.6% vs 58.8% YoY, with Drones margin down 39.2% on lower volume and unfavorable sales mix
- Drones worst-performing segment, revenue down $2.0M; Avionics down $0.5M after facility relocation
- Cash and restricted cash $54.4M at March 31, 2026; working capital $62.5M
- Operating cash use $17.4M vs $9.8M YoY, while investing cash use rose to $2.1M from $0.3M
- Management expects sufficient liquidity for at least 12 months; supply-chain challenges, inflation, and interest rates remain headwinds
Risk Factors
- No new risk factors during Q1 2026; company reported no material changes from the December 31, 2025 10-K
- Carried-forward aerospace and defense industry risks potentially affecting business, cash flows, and operating results
- Carried-forward general business risks potentially pressuring stock price
- IPO proceeds risk: $69.0 million raised from 6,900,000 shares at $10.00 per share with no material change in planned use
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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