A company still losing money with growing sales. Institutions are adding.
Going well
Sales up 76% in the latest quarter vs a year ago
Little debt
Watch out for
Losing money
Money moves
No insider buying or selling in the last 30 days
Institutions added 20% to their holdings in the quarter ending June 2026 (62 bought, 36 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$4.93+4.0% that day
Company value
$156M
Share price times all shares
Price vs sales
1.5x
No profit over the last year, so this compares value with sales instead
Cash vs value
17%
Cash as a share of company value
Debt vs value
1%
Debt as a share of company value
From AIRO's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 9 quarters, from SEC filings
Sales, Jun '26
$43.2M+76% vs a year earlier
Jun '24Tap a barJun '26
Last 12 months: $106.6M, up 6.9% from the 12 months before.
What the price assumes
Your guesses, our math
Move the sliders to your own view of AIRO. Starting points are the company's recent numbers (it isn't profitable yet, so the margin starts at a 10% guess).
Sales in 5 years$150M
Profit in 5 years$15M
Price these guesses point to$7.11+44% vs $4.93 todayAbout +7.6% a year, before dividends
What today's price needs: with a 10% margin and a 15x P/E, sales could shrink about 0.6% a year for 5 years and still match today's price.
Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.
The checklist Warren Buffett-style investors use. Annual numbers for 2025.
2/5Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-0.6%
PassDebt under half of equityNot relying on borrowed money.0.00x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-4.5%
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$35.5M
PassGross margin 40%+Pricing power: sells for well above what it costs to make.59.9%
Revenue
$90.9M
+4.6% vs prior year
Total debt
$1.7M
0.00x equity
Current ratio
3.45x
short-term assets / bills due
Free cash flow
-$35.5M
-39.1% of revenue
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: profitable every year, share count not growing. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 13
Revenue
$43.2M
+75.9% YoY
EPS
-$0.06
vs $0.30
Op. margin
3.8%
+84.0 pts
Gross margin
64.1%
+2.9 pts
Free cash flow
-$33.8M
Share count
+61.6%
vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trend
No trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
This week
0
Normal week
0.6
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+19.5%
Institutions added 19.5% to their holdings. 62 bought, 36 sold. 5 quarters of net buying in a row.
Shares held by institutions11.4M
Sep '24Jun '26
Safety check
From SEC filings
Cash runwayAt last year's cash burn
10 months
Debt to equityLatest balance sheet: debt compared with what owners have
0.0x · $1.2M debt
Shares outstandingLatest reported
32M
Why elevated risk
Losing money
About 10 months of cash left at its current burn
Earnings reports
Last 5
Next reportAround Nov 13 (est.)Estimated from the same quarter last year
Results filedAug 13
Results filedMay 14
Results filedMar 31
Results filedNov 14, 2025
Results filedAug 14, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days