Swarmer, Inc (SWMR)

Swarmer Income Statement

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

Fiscal Year	FY 2025	FY 2024
Period Ending	Dec 31, 2025	Dec 31, 2024
Revenue	0.31	0.33
Revenue Growth (YoY)	-5.92%	-
Cost of Revenue	0.18	0.19
Gross Profit	0.13	0.14
Selling, General & Admin	2.67	0.37
Research & Development	2.58	1.01
Total Operating Expenses	5.24	1.38
Operating Income	-5.12	-1.24
Total Non-Operating Income (Expense)	-3.41	-0.83
Pretax Income	-8.53	-2.07
Provision for Income Taxes	-	0
Net Income	-8.53	-2.07
Net Income to Common	-8.53	-2.07
Shares Outstanding (Basic)	3	1
Shares Outstanding (Diluted)	3	1
Shares Change (YoY)	348.19%	-
EPS (Basic)	-2.46	-2.68
EPS (Diluted)	-2.46	-2.68
Shares Outstanding	0.91	0.56
Free Cash Flow	-4.87	-1.06
Free Cash Flow Per Share	-1.41	-1.37
Gross Margin	41.22%	42.97%
Operating Margin	-1650.78%	-376.05%
Profit Margin	-2752.09%	-628.29%
FCF Margin	-1571.16%	-320.29%
EBITDA	-5.08	-1.24
EBITDA Margin	-1638.19%	-374.98%
EBIT	-5.12	-1.24
EBIT Margin	-1650.78%	-376.05%
Effective Tax Rate	0.00%	-0.08%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q