Filing Flows › Safe Pro Group (SPAI) › Q1 2026
Safe Pro Group (SPAI) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 15, 2026
Safe Pro Group (SPAI) reported revenue of $1.2M for the first quarter 2026 (Q1 2026), +560% from a year earlier and +436% from the quarter before. Operating margin was -239.1%, net loss $2.8M (228.9% of revenue).
Safe Pro Group, Q1 2026: revenue $1.2M (+560% year over year), operating margin -239.1%, net loss $2.8M, operating cash flow −$1.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2M | +436% | +560% |
| Operating profit | −$2.9M | — | — |
| Net earnings | −$2.8M | — | — |
| Operating cash flow | −$1.2M | — | — |
What changed
Revenue was $1.2M in Q1 2026, up 560% year over year and up 436% from the previous quarter. Safe Pro AI was the largest line at 83% of revenue. Safe Pro AI added $1.0M year over year (up 2434%), 94% of the total change.
Gross margin was 68.1%, up 34.7 points from Q1 2025. Operating costs exceeded revenue by $2.9M, an operating margin of -239.1%. Operating expenses fell 8% while revenue rose 560%. The fastest-growing cost line was SG&A (+113%). The quarter ended with a net loss of $2.8M, narrower than the previous quarter's $3.4M loss.
Operating cash flow was −$1.2M. Non-cash charges added back $79K of depreciation and amortization. Working capital and other items added $1.5M. Capital expenditures of $48K exceeded it, leaving free cash flow of −$1.2M.
Questions
What was Safe Pro Group's revenue in the first quarter 2026?
Safe Pro Group (SPAI) reported revenue of $1.2M for the first quarter 2026 (Q1 2026), +560% from a year earlier and +436% from the quarter before.
Was Safe Pro Group profitable in the first quarter 2026?
Operating loss was $2.9M (-239.1% of revenue) and net loss $2.8M.
Source: Safe Pro Group 10-Q on SEC EDGAR.