10-Q quarterly report · filed May 8, 2026

Airship AI Holdings, Inc. (AISP) Q1 2026 10-Q Quarterly Report

Short answer

Airship AI Holdings, Inc. (AISP) filed its Q1 2026 10-Q quarterly report on May 8, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $6M (up 15.5% year over year) with net income of −$720,604.

Q1 2026 key financials · XBRL

Revenue
$6M
+15.5% YoY
Net income
−$720,604
−103.0% YoY
Operating margin
-24.9%
Gross margin
49.8%
EPS (diluted)
−$0.02
−103.3% YoY

Source: XBRL data from the Airship AI Holdings, Inc. (AISP) Q1 2026 10-Q on SEC EDGAR. USD.

Airship AI Holdings, Inc. Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $6.353M, up 15.4% YoY from $5.503M, driven by increased commercial orders
  • Gross margin 49.8% vs 40.6% YoY; operating margin -24.9% vs -31.1%
  • Commercial sales strongest, with higher-margin mix; one reportable segment, no segment revenue disclosed
  • Operating cash flow $814K vs cash use of $2.098M YoY; financing provided $11K
  • Backlog $4.6M and validated pipeline $165.3M; federal budget uncertainty materially affecting government business

Risk Factors

  • No Risk Factors section provided in the submitted excerpt
  • No newly added, updated, regulatory, operational, competitive, market, or financial risks identifiable
  • No unregistered equity sales during the three months ended March 31, 2026
  • No defaults upon senior securities reported

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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