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AIRO AIRO Avionics — Research And Development Expense

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Other financials

Income statement

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Revenue$8.9M-24.5%
Gross profit$2.4M-65.9%
Operating income-$17.2M-457%
Net income-$15.5M-683%
EPS (diluted)-$0.49-308%

Balance sheet

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Cash & equivalents$54.2M+296%
Total debt$3.6M
Total equity$722.4M+30.7%
Total assets$759.1M

Cash flow

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Operating cash flow-$17.4M-78.4%
CapEx$2.1M+501%
Free cash flow-$19.5M-92.9%

Valuation

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Market cap$232.38M-62.0%
Enterprise value$181.77M-68.4%
P/S2.6×-3.5×

Profitability

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Gross margin56.6%-10.2pp
Operating margin-59%
Net margin-20%-7.2pp
FCF margin-54.4%

Returns & leverage

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Return on equity-2.8%-1.0pp
Debt / equity
Current ratio2.9×

Where this comes from

Reported directly by AIRO in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: AIRO’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is AIRO's avionics — research and development expense?
AIRO (AIRO) reported avionics — research and development expense of $708K in Q1 2026.
How has AIRO's avionics — research and development expense changed year-over-year?
AIRO's avionics — research and development expense increased by 189.0% year-over-year, from $245K to $708K.
What does avionics — research and development expense mean?
This represents the costs incurred for the design, development, and improvement of avionics technologies and electronic systems. It is a critical indicator of the company's commitment to innovation and its ability to maintain a competitive edge in the aerospace market.