AIRO Group (NASDAQ:AIRO) Releases Earnings Results

AIRO Group (NASDAQ:AIRO) announced its earnings results on Thursday. The company reported ($0.49) earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of $8.90 million for the quarter.

Here are the key takeaways from AIRO Group’s conference call:

• AIRO reiterated 2026 revenue growth guidance of 15% to 25% and said first-quarter results were in line with internal expectations, with management calling Q1 the likely low point for the year.
• The company is pivoting further into drones, highlighting new platforms such as the RQ-70 Dainn and the JX-250/JC-250 to broaden its addressable market and support a more focused, scalable product strategy.
• Management reaffirmed it expects to achieve Blue UAS certification in Q2 2026, which they said would open the U.S. market and materially expand demand for the RQ-35 platform.
• Drone backlog was reported at more than $150 million as of April 30, with management saying most of it should convert within the next 12 months and that this figure excludes U.S. backlog.
• First-quarter financials were weak, with revenue of $8.9 million, gross margin down to 26.6%, and adjusted EBITDA of negative $12.8 million as the company continued to invest heavily in infrastructure and growth initiatives.

AIRO Group Stock Performance

AIRO Group stock opened at $6.61 on Friday. AIRO Group has a one year low of $6.11 and a one year high of $39.07. The business has a fifty day moving average of $8.72 and a two-hundred day moving average of $9.94. The company has a market cap of $207.82 million and a P/E ratio of 330.50.

Wall Street Analysts Forecast Growth

AIRO has been the topic of a number of research reports. Zacks Research upgraded shares of AIRO Group to a “hold” rating in a research report on Wednesday, April 15th. Wall Street Zen downgraded AIRO Group from a “hold” rating to a “sell” rating in a report on Saturday, April 11th. Finally, BTIG Research reaffirmed a “neutral” rating on shares of AIRO Group in a report on Wednesday, April 8th. Two investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $19.67.

Insiders Place Their Bets

In other AIRO Group news, COO John Uczekaj sold 3,415 shares of the firm’s stock in a transaction on Monday, April 6th. The stock was sold at an average price of $8.84, for a total value of $30,188.60. Following the completion of the sale, the chief operating officer owned 20,111 shares of the company’s stock, valued at approximately $177,781.24. This trade represents a 14.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Mariya Pylypiv sold 20,078 shares of the firm’s stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $10.26, for a total value of $206,000.28. Following the completion of the sale, the chief financial officer directly owned 49,887 shares of the company’s stock, valued at approximately $511,840.62. This trade represents a 28.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 23,889 shares of company stock valued at $240,319.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Woodline Partners LP increased its position in shares of AIRO Group by 41.0% in the third quarter. Woodline Partners LP now owns 2,753,067 shares of the company’s stock valued at $52,859,000 after buying an additional 800,456 shares in the last quarter. Alyeska Investment Group L.P. purchased a new position in shares of AIRO Group in the third quarter valued at $15,030,000. HighTower Advisors LLC increased its position in shares of AIRO Group by 936.8% in the fourth quarter. HighTower Advisors LLC now owns 666,176 shares of the company’s stock valued at $5,449,000 after buying an additional 601,924 shares in the last quarter. Vanguard Group Inc. increased its position in shares of AIRO Group by 406.0% in the third quarter. Vanguard Group Inc. now owns 505,951 shares of the company’s stock valued at $9,714,000 after buying an additional 405,951 shares in the last quarter. Finally, UBS Group AG increased its position in shares of AIRO Group by 246.9% in the third quarter. UBS Group AG now owns 250,733 shares of the company’s stock valued at $4,814,000 after buying an additional 178,460 shares in the last quarter.

AIRO Group Company Profile

We are a technologically differentiated aerospace, autonomy, and air mobility platform targeting 21st century aerospace and defense opportunities. We leverage decades of industry expertise and connections across the drone, aviation, and avionics markets to provide leading solutions to the aerospace and defense market. We offer connected and diversified solutions providing operational synergies across our segments and are powered by an international footprint as well as supplier and public sector relationships.