Filing Flows

Filing Flows › Companies › AgEagle Aerial Systems › Cash flow

AgEagle Aerial Systems cash flow, quarter by quarter

Latest: Q2 2026 · from the cash-flow statements filed with the SEC

Free cash flow−$6.2M in Q2 2026 · −$14.9M over twelve months

Operating cash flow−$6.0M
Capital spending−$198K
Free cash flow−$6.2M
Cash conversion cycle327 days

Analysis

In Q2 2026, AgEagle Aerial Systems generated −$6.0M of operating cash flow and spent $198K on capital projects, leaving free cash flow of −$6.2M. That is $3.5M less than in Q2 2025 (−$2.8M).

Over the twelve months to Jun 30, 2026, operating cash flow was −$14.3M; the largest uses were operating cash flow ($14.3M), other investing ($13.1M), capital spending ($606K); besides operations, cash came from other financing ($38.2M); the cash balance rose by $10.4M.

Operating cash flow was −$6.0M against net income of −$15.4M. The largest differences: receivables −$556K, payables +$295K, accrued liabilities −$175K.

Its cash conversion cycle was 327 days (receivables 35 + inventory 388 − payables 96).

Free cash flow

AgEagle Aerial Systems: free cash flow by quarterAgEagle Aerial Systems: free cash flow by quarter−$1.1MQ3 2024−$2.5MQ4 2024−$1.3MQ1 2025−$2.8MQ2 2025−$3.3MQ3 2025−$2.7MQ4 2025−$2.7MQ1 2026−$6.2MQ2 2026
Operating cash flow less capital spending.
AgEagle Aerial Systems: operating cash flow against capital spendingAgEagle Aerial Systems: operating cash flow against capital spendingOperating cash flowCapital spending−$1.1M$293Q3 2024−$2.5M$14KQ4 2024−$1.3M$10KQ1 2025−$2.7M$13KQ2 2025−$3.3M$14KQ3 2025−$2.6M$36KQ4 2025−$2.4M$357KQ1 2026−$6.0M$198KQ2 2026
Latest (Q2 2026): Operating cash flow −$6.0M, Capital spending $198K.

Capital allocation, year by year

AgEagle Aerial Systems: where the cash came from (up) and went (down), by fiscal yearAgEagle Aerial Systems: where the cash came from (up) and went (down), by fiscal yearOperating cash flowNet borrowingShares issuedAsset salesCapital spendingFY2021: Operating cash flow −$12.5MFY2021: Shares issued $8.3MFY2021: Capital spending −$525K$8.3MFY2021FY2022: Operating cash flow −$19.8MFY2022: Net borrowing $3.3MFY2022: Shares issued $14.6MFY2022: Capital spending −$314K$17.9MFY2022FY2023: Operating cash flow −$11.0MFY2023: Shares issued $8.6MFY2023: Capital spending −$215K$8.6MFY2023FY2024: Operating cash flow −$6.6MFY2024: Shares issued $10.5MFY2024: Asset sales $28KFY2024: Capital spending −$49K$10.5MFY2024FY2025: Operating cash flow −$10.0MFY2025: Net borrowing −$135KFY2025: Capital spending −$75KFY2025
Over these 5 years operating cash flow totalled −$59.7M; the largest uses were operating cash flow ($59.7M) and capital spending ($1.2M). Cash-flow statements as filed.

Cash runway and the debt wall

Cash & investments$15.9M
Debt$153K
Net cash$15.8M
Cash runway13 months

AgEagle Aerial Systems is burning cash: its operations consume cash, a free cash flow of −$14.9M a year at the current rate against $15.9M of cash and investments: a runway of about 13 months before any new financing.

Where the cash came from and went

AgEagle Aerial Systems: sources (+) and uses (−) of cash, Q2 2026AgEagle Aerial Systems: sources (+) and uses (−) of cash, Q2 2026Cash drawn (+) / kept (−)$11.0MOther investing−$10.1MOperating cash flow−$6.0MShares issued$5.0MOther financing$298KCapital spending−$198KDividends−$51KExchange rates$21K
AgEagle Aerial Systems: sources (+) and uses (−) of cash, TTM to Q2 2026AgEagle Aerial Systems: sources (+) and uses (−) of cash, TTM to Q2 2026Other financing$38.2MOperating cash flow−$14.3MOther investing−$13.1MCash drawn (+) / kept (−)−$10.4MCapital spending−$606KExchange rates$166K

From profit to cash

AgEagle Aerial Systems: net income to operating cash flow, Q2 2026AgEagle Aerial Systems: net income to operating cash flow, Q2 2026Net income−$15.4MDepreciation & amortization$76KStock-based pay$138KReceivables−$556KInventory−$106KPayables$295KAccrued liabilities−$175KDeferred revenue$23KPrepaid and other assets−$159KOperating cash flow−$6.0M
Non-cash charges are added back; money tied up in receivables or inventory is subtracted.
QuarterReceivable daysInventory daysPayable daysCash conversion cycle
Q2 20263538896327
Q1 2026135627159603
Q4 20259233868361
Q3 202511744472489
Q2 20253927269241
Q1 202531323133221
Q4 202458312174196
Q3 202452342187207

Every quarter

QuarterOperating cash flowCapital spendingDividendsNet borrowing (+) / repaid (−)Shares issuedCash drawn (+) / kept (−)Free cash flow
Q2 2026−$6.0M−$198K−$51K—$5.0M$11.0M−$6.2M
Q1 2026−$2.4M−$357K−$854K—$2.8M$2.9M−$2.7M
Q4 2025−$2.6M−$36K———−$13.2M−$2.7M
Q3 2025−$3.3M−$14K——$4.3M−$11.1M−$3.3M
Q2 2025−$2.7M−$13K———−$1.7M−$2.8M
Q1 2025−$1.3M−$10K—−$270K—−$171K−$1.3M
Q4 2024−$2.5M−$14K—−$3.9M$750K−$3.3M−$2.5M
Q3 2024−$1.1M−$293——$1.0M$712K−$1.1M

AgEagle Aerial Systems: income statement and cash flow

AgEagle Aerial Systems, Q2 2026: revenue $2.7M (-36% year over year), operating margin -208.7%. The chart follows the revenue to costs, profit and cash.

AgEagle Aerial Systems: every quarter, Q/Q and Y/Y → Open in the app

Read automatically from the company’s XBRL cash-flow statements; quarterly figures for the fourth quarter are the year less the first three. Errors are possible. Not investment advice.