AIRO Group Holdings, Inc. (AIRO) Q2 2026 Earnings Call Transcript
AIRO Group Holdings, Inc. (AIRO) Q2 2026 Earnings Call Transcript

AIRO Group, an American aerospace and defense enterprise, maintains its primary operations from Albuquerque, New Mexico. The company's diversified portfolio encompasses four ...
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Est. EPS $-0.43 · Revenue $18.26M · 1 analysts
Est. EPS $-0.03 · Revenue $48.28M · 1 analysts
Est. EPS $-1.16 · Revenue $109.54M · 1 analysts
Est. EPS $-0.63 · Revenue $13.80M · 1 analysts
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $90.9M | +4.6% | +385.1% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $-4.1M | +89.4% | +87.1% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +59.9% | -10.8% | +119.3% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | -31.6% | -57.8% | +102.8% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | -4.5% | +89.9% | +97.3% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $-35.5M | -271.6% | -73.3% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | -39.1% | -264.1% | +64.3% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 0.8% | -90.6% | +156.4% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 3.45x | +682.4% | -2.7% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $774.1M | +10.4% | -0.3% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | -0.17 vs -0.03 | -412.6% | -0.06 vs -0.43 | +85.3% |
| Revenue Surprise | $90.9M vs $94.9M | -4.2% | $43.2M vs $18.3M | +136.5% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Aug 14, 2026 | Pylypiv Mariya | officer: Chief Financial Officer | Common Stock | D | 17,690 | $9.61 |
| Aug 14, 2026 | Pylypiv Mariya | officer: Chief Financial Officer | Common Stock | D | 1,699 | $10.86 |
| Aug 14, 2026 | Uczekaj John | director, officer: President and COO | Common Stock | D | 15,457 | $9.61 |
| Aug 14, 2026 | Uczekaj John | director, officer: President and COO | Common Stock | D | 1,430 | $10.86 |
| Aug 13, 2026 | Pylypiv Mariya | officer: Chief Financial Officer | Common Stock | A | 215,231 | — |
Operator: Thank you for standing by. My name is Jonathan, and I will be your conference moderator today. At this time, I would like to welcome everyone to the AIRO Q2 2026 earnings call. [Operator Instructions] I would now like to turn the call over to Jack Senft, Investor Relations at AIRO. Please go ahead. Jack Senft: Thank you, operator, and good morning, everyone. Welcome to the AIRO Group Holdings, Inc. second quarter 2026 earnings call. We appreciate you joining us today and look forward to sharing an update on our progress and performance. With me on the call are Dr. Chirinjeev Kathuria, our Executive Chairman; Captain Joseph Burns, our Chief Executive Officer; and Dr. Mariya Pylypiv, our Chief Financial Officer. Today's call will include forward-looking statements within the meaning of the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to statements relating to AIRO's 2026 outlook. Forward-looking statements involve known and unknown risks and uncertainties that may cause our actual results, performance, or achievements to be materially different from those expressed or implied by the forward-looking statements. Forward-looking statements represent management's beliefs and assumptions only as of the date made. Information on factors that could affect the company's financial results is included in the company's most recent annual report on Form 10-K and other filings with the SEC from time to time. In addition to our prepared remarks, our earnings press release, SEC filings, and a replay of today's call can be found on our Investor Relations website at investor.theairogroup.com. We have also posted our earnings presentation on the Investor Relations section of our website. In addition, during today's call, we will discuss non-GAAP financial measures. These non-GAAP financial measures are in addition to, and not a substitute for, or superior to measures of financial performance prepared in accordance with GAAP. Reconciliations between GAAP and non-GAAP financial measures and the discussion of the limitations of using non-GAAP measures versus their closest GAAP equivalents is available in our earnings release. Additionally, we plan to discuss Drone segment backlog, a definition of which can be found in our earnings release. We will also discuss our cash balance as of July 31, 2026, which is a preliminary estimate based on information available to us as of the date of this presentation. Additional information on this metric can be found in the earnings presentation on our Investor Relations website. With that, I will turn it over to our Executive Chairman, Dr. Chirinjeev Kathuria. Chirinjeev Kathuria: Thanks, Jack, and thank you all for joining us today. AIRO delivered a strong second quarter that was marked by revenue outperformance against expectations driven by solid execution within our Drone segment. Gross margins improved to 64%, and we swung to a small operating profit for the …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
Captain Joseph D. Burns | Chief Executive Officer & Director | USD 713,462 | — | 1962 | Active |
John Uczekaj | President, Chief Operating Officer & Director | USD 506,103 | Male | 1959 | Active |
Mariya Pylypiv | Chief Financial Officer | USD 377,550 | — | 1989 | Active |
Christopher Levy | Senior VP and GM for Training & Business Development | — | Male | — | Active |
Dan Johnson | Executive Vice President of Marketing & Investor Relations | — | Male | — | Active |
Martin Schousboe | Chief Executive Officer of Sky-watch | — | Male | — | Active |
Isabella Limonta | Vice President of Legal | — | Female | — | Active |
Martin Alex Peryea | Senior Vice President & GM for Electric Air Mobility Division | — | Male | — | Active |
Chirinjeev Baboo Kathuria | Co-Founder & Executive Chairman | — | — | 1966 | Active |
AIRO Group Holdings, Inc. (AIRO) Q2 2026 Earnings Call Transcript

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AIRO Group Holdings, Inc. (NASDAQ: AIRO) (âAIROâ or the âCompanyâ), a global leader in advanced aerospace and defense technologies, today announced fina

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MONTREAL--(BUSINESS WIRE)--AIRO Group Holdings, Inc. (Nasdaq: AIRO), a next-generation aerospace and defense company, today announced that Jaunt Air Mobility has selected Calogy Solutions to design the battery system for its recently unveiled next-generation hybrid-electric, JC-250 and JX-250 VTOL drone variants.The collaboration marks another key milestone in Jaunt's development of advanced autonomous aircraft designed to support defense, commercial, and industrial missions. By integrating inno.

| Report Date | Employees | Form Type | Filing Date | SEC Filing |
|---|---|---|---|---|
| Dec 31, 2025 | 223 | 10-K | Mar 31, 2026 | View |