Filing Flows › AgEagle Aerial Systems (UAVS) › Q1 2025
AgEagle Aerial Systems (UAVS) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 15, 2025
AgEagle Aerial Systems (UAVS) reported revenue of $3.6M for the first quarter 2025 (Q1 2025), -6% from a year earlier and +29% from the quarter before. Operating margin was -27.5%, net earnings $7.1M (193.5% of revenue).
AgEagle Aerial Systems, Q1 2025: revenue $3.6M (-6% year over year), operating margin -27.5%, net earnings $7.1M, operating cash flow −$1.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.6M | +29% | -6% |
| Operating profit | −$1.0M | — | — |
| Net earnings | $7.1M | — | — |
| Operating cash flow | −$1.3M | — | — |
What changed
Revenue was $3.6M in Q1 2025, down 6% year over year and up 29% from the previous quarter. Drones was the largest line at 61% of revenue. Sensors lost $1.2M year over year (down 46%), 497% of the total change.
Gross margin was 58.5%, up 8.3 points from a year earlier. Operating costs exceeded revenue by $1.0M, an operating margin of -27.5%. Operating expenses fell 28% while revenue fell 6%. Net earnings were $7.1M. The effective tax rate was 0.0%. Non-operating items added $8.1M, 114% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$1.3M. Non-cash charges added back $247K of depreciation and amortization and $50K of share-based compensation. Working capital and other items used $8.7M. Capital expenditures of $10K exceeded it, leaving free cash flow of −$1.3M.
Questions
What was AgEagle Aerial Systems' revenue in the first quarter 2025?
AgEagle Aerial Systems (UAVS) reported revenue of $3.6M for the first quarter 2025 (Q1 2025), -6% from a year earlier and +29% from the quarter before.
Was AgEagle Aerial Systems profitable in the first quarter 2025?
Operating loss was $1.0M (-27.5% of revenue) and net earnings $7.1M.