AIRO Q1 revenue falls to $8.9 million as net loss widens to $15.5 million
AIRO Group Holdings reported first quarter 2026 results on May 14, 2026, with revenue of $8.9 million, down from $11.8 million a year earlier, and a net loss of $15.5 million, compared with $2.0 million. The company reiterated its full-year 2026 revenue growth outlook of 15% to 25% and introduced full-year 2026 Adjusted EBITDA guidance in the negative mid- to high-teens dollar range, while also evaluating strategic alternatives for its Training segment. For shareholders, the weaker quarter and projected adjusted loss mean the revenue growth target depends on the drone backlog converting to sales over the next 12 months.
Key points
- Revenue was $8.9 million versus $11.8 million in Q1 2025; gross margin was 26.6% versus 58.8%.
- Net loss was $15.5 million versus $2.0 million; operating loss was $17.2 million versus $3.1 million.
- Full-year 2026 revenue growth of 15% to 25% reiterated; new Adjusted EBITDA guidance in the negative mid- to high-teens dollar range.
- Drone backlog exceeded $150 million as of April 30, 2026; cash totaled $54.2 million as of March 31, 2026.
The filing
Written by AI on Nov 9, 2026, 11:45 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 14, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.