secwatch.observer — SEC 8-K summary
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Issuer:     AIRO Group Holdings, Inc. (AIRO)
CIK:        0001927958
Form:       8-K
Filed at:   2026-05-14T10:44:28+00:00
Accession:  0001493152-26-022859
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AIRO Q1 revenue drops to $8.9M, net loss widens to $15.5M
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- Revenue $8.9M, down 25% from $11.8M YoY; gross margin 26.6% vs 58.8% due to product mix shift to lower-margin upgrades.
- Net loss $(15.5)M vs $(2.0)M; adjusted EBITDA loss $(12.8)M vs breakeven in prior year.
- Drone backlog exceeds $150M as of April 30, 2026; company reiterates FY 2026 revenue growth guidance of 15%-25%.
- Company launched AI-enabled RQ-35 drone variant and shifted focus to cargo/ISR unmanned platforms; evaluating strategic alternatives for Training segment.
- Cash $54.2M, debt $1.2M; manufacturing capacity increased ~30% above backlog levels.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1927958/000149315226022859/0001493152-26-022859-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1927958/000149315226022859/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-022859

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