What is Safe Pro Group Inc.'s notes payable to bank?

Safe Pro Group Inc. (SPAI) reported notes payable to bank of $146K in Q1 2026.

How has Safe Pro Group Inc.'s notes payable to bank changed year-over-year?

Safe Pro Group Inc.'s notes payable to bank decreased by 0.0% year-over-year, from $146K to $146K.

What is the long-term trend for Safe Pro Group Inc.'s notes payable to bank?

Over 2 years (2023 to 2025), Safe Pro Group Inc.'s notes payable to bank has grown at a 0.0% compound annual growth rate (CAGR), from $146K to $146K.

Safe Pro Group Inc. SPAI Notes Payable To Bank

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Other financials

Income statement

See full

Revenue$1.2M+560%

Gross profit$830.4K+1,249%

Operating income-$2.9M+27.2%

Net income-$2.8M+29.5%

EPS (diluted)-$0.14+48.1%

Balance sheet

See full

Cash & equivalents$14.8M+1,523%

Total debt$185.1K-18.0%

Total equity$15.4M+483%

Total assets$16.7M+354%

Cash flow

See full

Operating cash flow-$1.2M-25.1%

CapEx$48.2K+164%

Free cash flow-$1.2M-27.7%

Valuation

See full

Market cap$89.28M+132%

Enterprise value$74.66M+96.6%

P/S54.4×+28.6×

Profitability

See full

Gross margin59.1%+17.9pp

Operating margin-819.6%+1,627pp

Net margin-800.9%+1,197pp

FCF margin-397.8%—

Returns & leverage

See full

Return on equity-145.6%-62.6pp

Debt / equity0×-0.1×

Current ratio13.3×+11.6×

Where this comes from

Reported directly by Safe Pro Group Inc. in its filing.

Tagged under the XBRL concept us-gaap:NotesPayableToBank.

The official record: Safe Pro Group Inc.’s 10-Q, filed May 15, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Safe Pro Group Inc.'s notes payable to bank?: Safe Pro Group Inc. (SPAI) reported notes payable to bank of $146K in Q1 2026.
How has Safe Pro Group Inc.'s notes payable to bank changed year-over-year?: Safe Pro Group Inc.'s notes payable to bank decreased by 0.0% year-over-year, from $146K to $146K.
What is the long-term trend for Safe Pro Group Inc.'s notes payable to bank?: Over 2 years (2023 to 2025), Safe Pro Group Inc.'s notes payable to bank has grown at a 0.0% compound annual growth rate (CAGR), from $146K to $146K.