Filing Flows › Airship AI Holdings (AISP) › Q2 2025
Airship AI Holdings (AISP) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 5, 2025
Airship AI Holdings (AISP) reported revenue of $2.1M for the second quarter 2025 (Q2 2025), -66% from a year earlier and -61% from the quarter before. Operating margin was -94.2%.
Airship AI Holdings, Q2 2025: revenue $2.1M (-66% year over year), operating margin -94.2%, net loss $23.8M, operating cash flow −$1.8M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.1M | -61% | -66% |
| Operating profit | −$2.0M | — | — |
| Net earnings | −$23.8M | -200% | — |
| Operating cash flow | −$1.8M | — | — |
What changed
Revenue was $2.1M in Q2 2025, down 66% year over year and down 61% from the previous quarter.
Gross margin was 71.4%, up 1.0 points from a year earlier. Operating costs exceeded revenue by $2.0M, an operating margin of -94.2%. Operating expenses grew 1% against a revenue fall of 66%. The quarter ended with a net loss of $23.8M, after a profit of $23.7M the previous quarter. Net interest and other expense of $21.7M was the main reason.
Operating cash flow was −$1.8M. Non-cash charges added back $372K of share-based compensation. Working capital and other items added $21.6M.
Questions
What was Airship AI Holdings' revenue in the second quarter 2025?
Airship AI Holdings (AISP) reported revenue of $2.1M for the second quarter 2025 (Q2 2025), -66% from a year earlier and -61% from the quarter before.
Was Airship AI Holdings profitable in the second quarter 2025?
Operating loss was $2.0M (-94.2% of revenue) and net loss $23.8M.