Airship AI Q2 2026 revenue rises 92% to $4.12 million; net loss narrows sharply
Airship AI reported second-quarter 2026 net revenues of $4.12 million, up 92% from $2.15 million a year earlier, with gross profit up 102% to $3.10 million. The company posted a net loss of $2.4 million, or $0.07 per share, compared with a net loss of $23.76 million, or $0.75 per share, in the second quarter of 2025, when large fair-value charges on warrant and earnout liabilities were recorded.
Key points
- Net revenues were $4.12 million for the quarter ended June 30, 2026, up 92% from $2.15 million a year earlier.
- Gross profit was $3.10 million, a 75% gross margin, compared with $1.53 million a year earlier.
- Net loss was $2.4 million ($0.07 per share) versus $23.76 million ($0.75 per share) in the prior-year quarter.
- Backlog was $6.9 million as of August 6, 2026, and cash and cash equivalents were $12.37 million as of June 30, 2026.
The filing
Written by AI on Nov 9, 2026, 11:44 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 August 06, 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.