Recent Updates — AIRO
AIRO Group Holdings, Inc. reported financial results for the second quarter ended June 30, 2026. Revenue increased 76% to $43.2 million from $24.6 million in the prior-year period, driven by stronger performance in the Drones segment. Gross margin expanded to 64%, and operating income turned positive at $1.7 million compared to a loss of $(19.7) million previously. The company reported a net loss of $(2) million versus net income of $5.9 million in Q2 2025, primarily due to the absence of IPO-related costs incurred last year and higher stock-based compensation. Adjusted EBITDA rose 45% to $6.8 million. Drone backlog grew 9% sequentially to $163 million. Management reiterated full-year 2026 revenue growth guidance of 15% to 25% year-over-year. AIRO Group Holdings operates in the aerospace and defense industry, providing advanced drone platforms, avionics, and training solutions.