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AIRO AIRO Drones — Research And Development Expense

Other segment segments

Electric Air Mobility
$2.19M+17.0%
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$708K+189%

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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-63.1%
Enterprise value$181.77M-69.5%
P/S2.6×-3.7×

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 drones — research and development expense?
AIRO (AIRO) reported drones — research and development expense of $3.8M in Q1 2026.
How has AIRO's drones — research and development expense changed year-over-year?
AIRO's drones — research and development expense increased by 146.0% year-over-year, from $1.55M to $3.8M.
What does drones — research and development expense mean?
Reflects the investment made by the Drones segment into the innovation, design, and testing of new uncrewed air systems and avionics. High levels of expenditure indicate a commitment to maintaining a technological edge in a competitive aerospace market. This metric is vital for assessing the segment's long-term growth potential and product pipeline.