Airo Group Holdings, Inc. income statement
In fiscal 2025, Airo Group Holdings, Inc. reported revenue of $90.9m, up 4.6% on the year before, operating income of −$28.8m (a -31.6% margin) and net income of −$4.1m, or −$0.17 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|
| Revenue | 87 | 91 | 107 |
| Cost of revenue | 29 | 36 | 44 |
| Gross profit | 58 | 54 | 62 |
| Research and development | 13 | 18 | 24 |
| Selling and marketing | 6 | 7 | 8 |
| General and administrative | 18 | 59 | 52 |
| Operating income | −17 | −29 | −21 |
| Interest expense | — | 4 | — |
| Income before tax | −29 | 3 | −18 |
| Income tax | 9 | 7 | 7 |
| Net income | −39 | −4 | −25 |
| Diluted EPS | −$2.36 | −$0.17 | — |
| Diluted shares (average) | 16m | 24m | — |
| EBITDA | −5 | −17 | −10 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 24 | 40 | 12 | 25 | 6 | 48 | 9 | 43 |
| Cost of revenue | 7 | 12 | 5 | 10 | 3 | 19 | 7 | 15 |
| Gross profit | 16 | 28 | 7 | 15 | 3 | 30 | 2 | 28 |
| Research and development | 3 | 4 | 4 | 4 | 4 | 6 | 7 | 8 |
| Selling and marketing | 2 | 2 | 1 | 2 | 2 | 2 | 2 | 2 |
| General and administrative | 4 | 6 | 5 | 29 | 9 | 16 | 11 | 16 |
| Operating income | −30 | 16 | −3 | −20 | −12 | 6 | −17 | 2 |
| Interest expense | — | — | — | 4 | — | 0 | — | — |
| Income before tax | −28 | 5 | −2 | 8 | −9 | 5 | −17 | 2 |
| Income tax | 2 | 5 | 0 | 2 | −1 | 5 | −2 | 4 |
| Net income | −30 | −1 | −2 | 6 | −8 | −0 | −15 | −2 |
| Diluted EPS | −$1.85 | −$0.04 | −$0.12 | $0.30 | −$0.28 | $0.02 | −$0.49 | −$0.06 |
| EBITDA | −27 | 19 | −0 | −17 | −8 | 9 | −15 | 4 |
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