AIRO Group Holdings, Inc. Common Stock (AIRO) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	106.6M	90.9M	86.9M	43.3M	17.1M
Cost of Revenue	44.0M	36.5M	28.6M	18.3M	13.0M
Gross Profit	62.6M	54.4M	58.3M	24.9M	4.1M
Operating Expenses
R&D Expense	16.0B	17.9M	13.1M	11.9M	9.3M
SG&A Expense	59.6M	65.3M	24.6M	23.0M	21.8M
General & Admin Expense	51.8M	58.6M	18.2M	17.6M	17.2M
Selling & Marketing Expense	7.8M	6.6M	6.4M	5.4M	4.6M
Other Expenses	(16.0B)	—	38.0M	—	—
Total Operating Expenses	83.5M	83.2M	75.8M	34.8M	31.1M
Cost and Expenses	127.5M	119.7M	104.4M	53.2M	44.1M
Operating Income (EBIT)	(20.9M)	(28.8M)	(17.4M)	(9.9M)	(27.0M)
Non-Operating
Interest Income	584.0K	—	—	—	—
Interest Expense	708.7K	9.8M	14.2M	2.1M	3.6M
Net Interest Income	(124.7K)	(9.8M)	(14.2M)	(2.1M)	(3.6M)
Other Non-Op Income/Expense	2.5M	31.7M	(12.1M)	(20.2M)	(9.8M)
Non-Operating Income (excl Interest)	(3.5M)	(41.5M)	(2.2M)	18.1M	6.1M
EBT (Pre-Tax Income)	(18.3M)	2.9M	(29.5M)	(30.2M)	(36.8M)
Income Tax Expense	7.1M	7.0M	9.2M	2.3M	(11.2M)
Bottom Line
Net Income	(25.4M)	(4.1M)	(38.7M)	(32.5M)	(25.6M)
Earnings from Cont. Ops	(25.4M)	(4.1M)	(38.7M)	(32.5M)	(25.6M)
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	(25.4M)	(4.1M)	(38.7M)	(32.5M)	(25.6M)
Per Share
Basic EPS	($0.83)	($0.17)	($1.55)	($1.30)	($1.03)
Diluted EPS	($0.83)	($0.17)	($1.55)	($1.30)	($1.03)
Revenue Per Share	$3.39	$3.84	$3.49	$1.74	$0.69
Shares
Basic Shares Outstanding	31.4M	23.7M	24.9M	24.9M	24.9M
Diluted Shares Outstanding	31.4M	23.7M	24.9M	24.9M	24.9M
Profitability Metrics
EBITDA	(4.5M)	25.3M	(2.3M)	(14.8M)	(23.1M)
D&A	12.9M	12.6M	13.0M	13.2M	10.0M
EBIT	(17.4M)	12.7M	(15.3M)	(28.0M)	(33.1M)

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026