Unusual Machines Q3 revenue rises 551% to $13.9 million; net loss $25.0 million
Unusual Machines reported third-quarter 2026 revenue of $13.9 million, up 551% from a year earlier but down 17% from the prior quarter. The company posted a net loss of $25.0 million, or $0.50 per share, compared with net income of $1.6 million a year earlier, mainly due to an $18.4 million unrealized loss on short-term investments. Management said adjusted EBITDA was a loss of $0.7 million and reiterated a goal of reaching positive adjusted EBITDA in 2027.
Key points
- Revenue was $13.9 million for the quarter ended September 30, 2026, versus $2.1 million a year earlier and down 17% from the prior quarter.
- Gross margin was 35.4%, compared with 39.4% in the third quarter of 2025.
- Net loss was $25.0 million, or $0.50 per share, including an $18.4 million unrealized loss on investments and $5.5 million of stock compensation expense.
- Cash was $162.0 million at September 30, 2026, versus $103.3 million at December 31, 2025, and working capital was $342.1 million.
The filing
Written by AI on Nov 9, 2026, 11:46 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 November 05, 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.