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Safe Pro Group Inc. SPAI Depreciation Expense — Cost Of Revenue

Other product segments

Service
$29.69K+142%

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Other financials

Income statement

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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

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Cash & equivalents$14.8M+1,523%
Total debt$185.1K-18.0%
Total equity$15.4M+483%
Total assets$16.7M+354%

Cash flow

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Operating cash flow-$1.2M-25.1%
CapEx$48.2K+164%
Free cash flow-$1.2M-27.7%

Valuation

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Market cap$89.28M+132%
Enterprise value$74.66M+96.6%
P/S54.4×+28.6×

Profitability

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Gross margin59.1%+17.9pp
Operating margin-819.6%+1,627pp
Net margin-800.9%+1,197pp
FCF margin-397.8%

Returns & leverage

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Return on equity-145.6%-62.6pp
Debt / equity-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:CostOfRevenue.

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 depreciation expense — cost of revenue?
Safe Pro Group Inc. (SPAI) reported depreciation expense — cost of revenue of $22.93K in Q1 2026.
How has Safe Pro Group Inc.'s depreciation expense — cost of revenue changed year-over-year?
Safe Pro Group Inc.'s depreciation expense — cost of revenue increased by 22.9% year-over-year, from $18.66K to $22.93K.
What does depreciation expense — cost of revenue mean?
This metric represents the portion of total depreciation expense allocated directly to the cost of revenue for a specific business segment. It reflects the systematic allocation of the cost of tangible assets, such as specialized security hardware or drone equipment, used in the production or delivery of the segment's core offerings. Monitoring this expense helps investors understand the capital intensity of the segment's operations and the impact of asset aging on gross margins.