AIRO Reports Q1 Revenue of $8.9M, Below Consensus
Reports Q1 revenue $8.9M, consensus $16.59M. "Following a foundational 2025, we continued to take important steps in Q1 to strengthen our infrastructure and strategic focus needed to scale AIRO into a leading, integrated aerospace and defense platform...While Q1 results reflect expected variability and investment timing, we believe this represents the low point for the year and positions us for accelerated growth as we execute against a robust pipeline of demand. And, we are reiterating our full-year 2026 revenue growth guidance of 15% to 25%," stated Executive Chairman Chirinjeev Kathuria. "We delivered a solid start to 2026, with results in line with our expectations and reinforcing our confidence in our full-year outlook. During the quarter, we refined our strategic focus to further align AIRO with the growing drone market...With growing demand, a backlog that continues to build, and key milestones ahead, including Blue UAS certification and the introduction of new products, we believe we are well positioned for a strong rest of the year and meaningful long-term value creation," said CEO Joe Burns.