AIRO Q3 2024 Earnings Report — AIRO Group Holdings, Inc. Common Stock Revenue & Financial Results | Market Cap Arena

AIRO Group Holdings, Inc. Common StockAIRO

Q3 2024 Earnings

Reported September 30, 2024

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Metric	Q3 2024	Q2 2024	Q3 2023	QoQ Change	YoY Change
Revenue	$24M	$10M	—	142.2%	—
Op. Income	-$30M	-$3M	—	-1027.4%	—
Gross Margin	68.7%	59.0%	—	9.7pp	—
Net Margin	-128.1%	-57.3%	—	-70.8pp	—
EPS (Diluted)	$-1.21	$-0.23	—	-426.3%	—

Income Statement

Item	Amount
REVENUE	$24M
Cost of Revenue	$7M
GROSS PROFIT	$16M
R&D Expenses	$3M
Selling & Marketing	$2M
General & Administrative	$4M
SG&A Expenses	$5M
Other Expenses	$38M
Operating Expenses	$47M
Cost & Expenses	$54M
OPERATING INCOME	-$30M
Interest Income	$0
Interest Expense	$12M
Other Income/Expenses	$2M
INCOME BEFORE TAX	-$28M
Income Tax Expense	$2M
Net Income from Continuing Ops	-$30M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	-$30M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	-$30M
D&A	$3M
EBIT	-$16M
EBITDA	-$12M
EPS	-$1
EPS Diluted	-$1