Airship AI Holdings, Inc. (AISP) FY2025 10-K Annual Report

Filed: Feb 17, 2026
Information Technology
Services-Prepackaged SoftwareSEC EDGAR

Airship AI Holdings, Inc. (AISP) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 17, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Airship AI Holdings, Inc. FY2025 10-K Analysis

Business Overview

  • Core business model: AI-driven edge data management platform structuring and analyzing unstructured data for real-time decision making in public safety and commercial sectors
  • New emphasis on Outpost AI edge hardware with expanded capabilities for mobile autonomous platforms and integration in robotic security solutions
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Management Discussion & Analysis

  • Revenue $15.3M in 2025, down 33.5% YoY from $23.1M in 2024, due to lower federal government orders
  • Operating loss widened to -$7.2M in 2025 vs -$3.5M in 2024; gross margin 50.3% in 2025 vs 45.7% in 2024 (gross profit $7.7M vs $10.5M)
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Risk Factors

  • Regulatory risk: Compliance with evolving international data protection, privacy, cybersecurity, and anti-corruption laws requiring strengthened programs
  • Macroeconomic risk: Russia-Ukraine war and related sanctions causing uncertainty affecting government and commercial customer purchasing decisions
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Airship AI Holdings, Inc. FY2025 Key Financial Metrics
XBRL

Revenue

$15M

-33.5% YoY

Net Income

$29M

+151.0% YoY

Gross Margin

50.2%

+457bp YoY

Operating Margin

-47.1%

-3189bp YoY

Net Margin

191.4%

+44068bp YoY

ROE

-410.1%

-51849bp YoY

Total Assets

$19M

+42.1% YoY

EPS (Diluted)

$0.76

+132.5% YoY

Operating Cash Flow

-$8M

-23.1% YoY

Source: XBRL data from Airship AI Holdings, Inc. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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