Filing Flows › Airo Group Holdings (AIRO) › Q2 2025
Airo Group Holdings (AIRO) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 13, 2025
Airo Group Holdings (AIRO) reported revenue of $24.6M for the second quarter 2025 (Q2 2025), +151% from a year earlier and +108% from the quarter before. Operating margin was -80.2%, net earnings $5.9M (23.9% of revenue).
Airo Group Holdings, Q2 2025: revenue $24.6M (+151% year over year), operating margin -80.2%, net earnings $5.9M, operating cash flow −$21.0M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $24.6M | +108% | +151% |
| Operating profit | −$19.7M | — | — |
| Net earnings | $5.9M | — | — |
| Operating cash flow | −$21.0M | — | — |
What changed
Revenue was $24.6M in Q2 2025, up 151% year over year and up 108% from the previous quarter. Drones was the largest line at 89% of revenue. Drones added $15.0M year over year (up 216%), 102% of the total change. Avionics declined 33%.
Gross margin was 61.2%, up 2.2 points from a year earlier. Operating costs exceeded revenue by $19.7M, an operating margin of -80.2%. Operating expenses grew 310% against revenue growth of 151%. The fastest-growing cost line was General & admin (+641%). Net earnings were $5.9M. The effective tax rate was 25.9%. Non-operating items added $27.6M, 348% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$21.0M. Non-cash charges added back $3.0M of depreciation and amortization and $6.8M of share-based compensation. Working capital and other items used $36.7M. Capital expenditures of $722K exceeded it, leaving free cash flow of −$21.7M.
Questions
What was Airo Group Holdings' revenue in the second quarter 2025?
Airo Group Holdings (AIRO) reported revenue of $24.6M for the second quarter 2025 (Q2 2025), +151% from a year earlier and +108% from the quarter before.
Was Airo Group Holdings profitable in the second quarter 2025?
Operating loss was $19.7M (-80.2% of revenue) and net earnings $5.9M.