Filing Flows › Safe Pro Group (SPAI) › Q2 2025
Safe Pro Group (SPAI) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 14, 2025
Safe Pro Group (SPAI) reported revenue of $93K for the second quarter 2025 (Q2 2025), -86% from a year earlier and -50% from the quarter before.
Safe Pro Group, Q2 2025: revenue $93K (-86% year over year), net loss $1.9M, operating cash flow −$1.0M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $93K | -50% | -86% |
| Operating profit | −$1.9M | — | — |
| Net earnings | −$1.9M | — | — |
| Operating cash flow | −$1.0M | — | — |
What changed
Revenue was $93K in Q2 2025, down 86% year over year and down 50% from the previous quarter. Safe-Pro USA was the largest line at 53% of revenue. Safe-Pro USA lost $381K year over year (down 89%), 69% of the total change.
Gross margin was 34.0%, up 5.3 points from a year earlier. Operating costs exceeded revenue by $1.9M, an operating margin of -2073.6%. Operating expenses grew 50% against a revenue fall of 86%. The fastest-growing cost line was Research & development (+11072%). The quarter ended with a net loss of $1.9M, narrower than the previous quarter's $4.0M loss.
Operating cash flow was −$1.0M. Non-cash charges added back $110K of depreciation and amortization. Working capital and other items added $762K. Capital expenditures of $3K exceeded it, leaving free cash flow of −$1.0M.
Questions
What was Safe Pro Group's revenue in the second quarter 2025?
Safe Pro Group (SPAI) reported revenue of $93K for the second quarter 2025 (Q2 2025), -86% from a year earlier and -50% from the quarter before.
Source: Safe Pro Group 10-Q on SEC EDGAR.