AIRO Group Holdings, Inc. (AIRO)

AIRO Group Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	82.36	86.94	43.25	17.08
Revenue Growth (YoY)	41.41%	100.99%	153.23%	-
Cost of Revenue	29.83	28.62	18.34	12.95
Gross Profit	52.53	58.32	24.91	4.13
Selling, General & Admin	55.74	24.62	22.98	21.83
Research & Development	15.45	13.13	11.87	9.3
Operating Expenses	71.19	37.76	34.85	31.13
Operating Income	-18.66	20.56	-9.93	-27
Interest Expense	-8.84	-2.56	-1.7	-3.62
Interest & Investment Income	0.27	0.27	0.26	-
Other Non Operating Income (Expenses)	-1.73	-1.71	-0.77	-0
EBT Excluding Unusual Items	-28.96	16.57	-12.15	-30.61
Impairment of Goodwill	-	-37.99	-	-
Other Unusual Items	31.27	-8.06	-18.01	-6.15
Pretax Income	2.31	-29.49	-30.16	-36.76
Income Tax Expense	7.13	9.21	2.29	-11.21
Net Income	-4.82	-38.69	-32.46	-25.55
Net Income to Common	-4.82	-38.69	-32.46	-25.55
Shares Outstanding (Basic)	20	16	16	12
Shares Outstanding (Diluted)	20	16	16	12
Shares Change (YoY)	21.50%	-	33.95%	-
EPS (Basic)	-0.24	-2.36	-1.98	-2.09
EPS (Diluted)	-0.24	-2.36	-1.98	-2.09
Free Cash Flow	-14.83	20.7	21.27	-5.41
Free Cash Flow Per Share	-0.74	1.26	1.30	-0.44
Gross Margin	63.78%	67.08%	57.60%	24.16%
Operating Margin	-22.66%	23.65%	-22.96%	-158.06%
Profit Margin	-5.85%	-44.51%	-75.04%	-149.59%
Free Cash Flow Margin	-18.00%	23.81%	49.18%	-31.64%
EBITDA	-6.46	33.2	2.8	-17.44
EBITDA Margin	-7.85%	38.19%	6.47%	-102.10%
D&A For EBITDA	12.2	12.64	12.73	9.56
EBIT	-18.66	20.56	-9.93	-27
EBIT Margin	-22.66%	23.65%	-22.96%	-158.06%
Advertising Expenses	-	0.1	0.1	0.2

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q