---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-060388"
form_type: "8-K"
ticker: "SWMR"
cik: "0002092574"
company_name: "Swarmer, Inc"
filed_at: "2026-05-13T21:27:00+00:00"
generated_at: "2026-05-13T21:29:18.890460+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Swarmer Q1 revenue drops 82% to $20K; net loss widens to $4.5M; completed IPO

## Summary
- Q1 2026 revenue $20,325 (down 82% YoY); net loss $(4.5)M vs $(0.7)M in Q1 2025.
- Cash at Mar 31, 2026: $23.5M, up from $9.3M, driven by $17.3M IPO and $3.5M Series A-1 preferred.
- Awarded $2.8M contract for 16,000+ software licenses for SkyKnight quadcopter bombers.
- Expanded into Japan with Rakuten; MOU with HIMERA for jam-resistant radio integration.
- Appointed Mykhailo Nestor as CPO; developing drone interceptor kit with partners.

## SEC filing metadata
- accession: 0001104659-26-060388
- form_type: 8-K
- ticker: SWMR
- cik: 0002092574
- company_name: Swarmer, Inc
- filed_at: 2026-05-13T21:27:00+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2092574/000110465926060388/0001104659-26-060388-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2092574/000110465926060388/tm2614560d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-060388
- JSON: https://secwatch.observer/filing/0001104659-26-060388.json
- Plain text: https://secwatch.observer/filing/0001104659-26-060388.txt

## Key facts
- Earnings Releases
  Swarmer, Inc reported the quarter ended March 31, 2026 results: revenue $20,325, net income $(4.5) million.
  - Period: the quarter ended March 31, 2026
  - Revenue: $20,325
  - Net income: $(4.5) million
  - Result: reported results
  source text: First Quarter 2026 Financial Results Results compare Q1 2026 to the 2025 first quarter ended March 31, 2025 (“Q1 2025”), unless otherwise indicated. · Revenue for Q1 2026 was $20,325 compared to $110,704 in Q1 2025. The decline reflects the wind-down of service-related deferred revenue associated with the Company’s historically largest customer in Ukraine. The
  evidence_url: https://www.sec.gov/Archives/edgar/data/2092574/000110465926060388/0001104659-26-060388-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.