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AIRO AIRO Electric Air Mobility — 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-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 / equity0×—
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 electric air mobility — research and development expense?
AIRO (AIRO) reported electric air mobility — research and development expense of $2.19M in Q1 2026.
How has AIRO's electric air mobility — research and development expense changed year-over-year?
AIRO's electric air mobility — research and development expense increased by 17.0% year-over-year, from $1.88M to $2.19M.
What does electric air mobility — research and development expense mean?
Captures the costs incurred by the Electric Air Mobility segment to develop new technologies, improve existing electric vertical lift aircraft, and advance aerospace engineering capabilities. This investment is critical for maintaining a competitive edge in the emerging urban air mobility sector. High levels of expenditure reflect a commitment to innovation and long-term product pipeline development.