SequelSEC

AIRO Group Holdings, Inc. AIRO

Aircraft · CIK 0001927958 · Fiscal year ends 1231

Revenue
$90.91M
Fiscal year ended 2025-12-31
Operating income
-$28.76M
Fiscal year ended 2025-12-31
Free cash flow
-$35.51M
Fiscal year ended 2025-12-31

Valuation, from the filing

Public float$446.60MMarket value of stock held by non-affiliates, as stated on the cover page for 2025-06-30
Float per share$14.21Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / revenue4.9×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity0.6×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.

How this compares in its industry

Percentile among the Aircraft filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
Long-term debt / equity0.00x14th
Net margin-4.5%83th
FCF margin-39.1%71th
Operating margin-31.6%71th
R&D / revenue19.7%29th
Gross margin59.9%62th
Revenue YoY growth4.6%38th
Current ratio3.45x58th
CapEx / revenue3.4%43th
SBC / revenue21.9%43th

AIRO Group Holdings, Inc. (AIRO) reported revenue of $90.91M and net income of -$4.10M for the fiscal year ended 2025-12-31. This page shows 2 annual periods of income statement, balance sheet and cash flow figures normalized from AIRO Group Holdings, Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Aircraft.

Income

AIRO Group Holdings, Inc. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-31
Revenue$90.91M$86.94M
Cost of revenue$36.49M$28.62M
Gross profit$54.42M$58.32M
Operating income-$28.76M-$17.43M
Net income-$4.10M-$38.69M
Research & development$17.92M$13.13M
Weighted-average diluted sharesUnavailableUnavailable
Pretax income$2.94M-$29.48M
Income tax expense$7.04M$9.21M
Diluted EPS$-0.17$-2.36
Selling, general & administrative$65.26M$24.62M
General & administrative$58.64M$18.20M
Selling & marketing$6.62M$6.42M

Balance

AIRO Group Holdings, Inc. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-31
Cash & equivalentsUnavailableUnavailable
Total assets$774.14M$701.00M
Current assets$106.48M$42.60M
Total liabilities$34.95M$152.27M
Current liabilities$30.86M$96.61M
Total equity incl. NCI$739.19M$548.73M
Temporary (mezzanine) equityUnavailableUnavailable
Inventory$11.64M$8.82M
Accounts receivableUnavailableUnavailable
Goodwill$571.65M$557.51M
Long-term debt$500.00K$688.00K
Accounts payableUnavailableUnavailable

Cash flow

AIRO Group Holdings, Inc. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-31
Operating cash flow-$32.43M$21.48M
Capital expenditures$3.07M$789.00K
Investing cash flow-$3.07M-$789.00K
Financing cash flow$86.41M-$10.58M
Net change in cash$53.64M$7.81M
Stock-based compensation$19.91M$716.00K
Common dividends paidUnavailableUnavailable
Common share repurchases$19.41MUnavailable
Depreciation & amortization$12.01M$12.64M

Derived

AIRO Group Holdings, Inc. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-31
Free cash flow-$35.51M$20.70M
Gross margin59.9%67.1%
Operating margin-31.6%-20.1%
FCF margin-39.1%23.8%
SBC / revenue21.9%0.8%
Current ratio3.45x0.44x
Revenue YoY growth4.6%Unavailable
Net margin-4.5%-44.5%
R&D / revenue19.7%15.1%
CapEx / revenue3.4%0.9%
Long-term debt / equity0.00xUnavailable
Effective tax rate239.6%Unavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open AIRO in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-13View SEC filing
10-Q · Filed 2026-05-14View SEC filing
10-K · Filed 2026-03-31View SEC filing
10-Q · Filed 2025-11-14View SEC filing
10-Q · Filed 2025-08-13View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.