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SWMR

Swarmer, Inc

Company overview

Market capitalization
$216.76M
Employees
49
Latest publication
2026-09-29
About Swarmer, Inc

Swarmer, Inc develops autonomous drone swarm software and artificial intelligence solutions in the United States. The company specializes in software platforms and AI systems for military organizations to deploy and coordinate unmanned systems operations. Its services include autonomous swarm coordination, multi-domain unmanned systems integration, AI-powered collaborative autonomy, and command and control software for distributed robotic operations. The company's products include STYX AI Command & Control System, a platform enabling operators to manage autonomous drones through an intuitive interface, providing real-time mission planning, execution monitoring, tactical adjustment capabilities, integration with existing battlefield management systems, and video streaming; MINAS Autonomy and Collaboration AI, that offers autonomous operation and collaborative behavior across heterogeneous drone swarms from multiple manufacturers, coordinating mission execution, enabling shared situational awareness, adapting to dynamic battlefield conditions; and TRIDENT Embedded Drone Operating System that offers mesh networking, military-grade encryption, video streaming, and hardware abstraction capabilities, creating a standardized software layer for any drone platform to integrate with the Swarmer ecosystem. Swarmer, Inc was incorporated in 2023 and is based in Austin, Texas.

Company website

Financial statements

Income Quarterly

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ2 20262026-06-30 · USDQ1 20262026-03-31 · USDQ1 20252025-03-31 · USD
Total Revenue216,413USD20,325USD110,704USD
Cost Of Revenue32,816USD39,924USD45,542USD
Gross Profit183,597USD-19,599USD65,162USD
Research Development1,805,532USD1,486,082USD522,198USD
Selling General Administrative5,657,638USD3,004,879USD255,281USD
Total Operating Expenses7,463,170USD4,490,961USD823,021USD
Operating Income-7,279,573USD-4,510,560USD-712,317USD
Total Other Income Expense Net-45,465USD51,725USD18,340USD
Income Before Tax-7,325,038USD-4,458,835USD-693,977USD
Income Tax Expense0USD——
Net Income-7,325,038USD-4,458,835USD-693,977USD
Tax Provision—0USD0USD
Net Income From Continuing Ops—-4,458,835USD-693,977USD
Ebitda—-4,510,560USD—
Reconciled Depreciation—53,927USD0USD
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Income Yearly

Exact reported values; units shown beside each amount. Missing values are —.
MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USD
Total Revenue309,920USD329,410USD
Cost Of Revenue182,163USD187,848USD
Gross Profit127,757USD141,562USD
Research Development2,578,860USD1,011,498USD
Selling General Administrative2,665,004USD368,795USD
Total Operating Expenses5,243,864USD1,380,293USD
Operating Income-5,116,107USD-1,238,731USD
Income Before Tax-8,529,263USD-2,067,907USD
Tax Provision0USD1,735USD
Net Income-8,529,263USD-2,069,642USD
Net Income From Continuing Ops-8,529,263USD-2,069,642USD
Ebit-5,116,107USD-1,238,731USD
Ebitda-5,077,081USD-1,235,228USD
Depreciation And Amortization39,026USD3,503USD
Reconciled Depreciation39,026USD3,503USD
Total Other Income Expense Net-3,413,156USD-829,176USD
Income Tax Expense—1,735USD
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Balance sheet Quarterly

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ2 20262026-06-30 · USDQ1 20262026-03-31 · USD
Total Assets33,935,685USD24,927,110USD
Cash And Equivalents25,289,260USD—
Total Current Assets32,992,488USD24,267,465USD
Other Current Assets1,137,379USD795,309USD
Other Non Current Assets275,333USD—
Total Liabilities2,725,100USD—
Total Current Liabilities2,686,343USD1,166,232USD
Other Current Liabilities1,329,493USD—
Total Stockholder Equity31,210,585USD23,520,591USD
Total Equity Including Noncontrolling Interest31,210,585USD—
Deferred Revenue107,121USD—
Property Plant Equipment Net570,196USD309,457USD
Intangible Assets97,668USD—
Accounts Payable204,803USD344,253USD
Short Term Debt73,453USD72,070USD
Common Stock113USD110USD
Retained Earnings-22,382,956USD-15,057,918USD
Accumulated Other Comprehensive Income195,502USD-28,441USD
Total Liab—1,406,519USD
Other Current Liab—747,538USD
Capital Stock—110USD
Other Assets—300USD
Cash—23,472,156USD
Cash And Short Term Investments—23,472,156USD
Current Deferred Revenue—2,371USD
Net Debt—-23,342,466USD
Short Long Term Debt Total—129,690USD
Property Plant Equipment Gross—424,951USD
Common Stock Shares Outstanding—16,064,920shares
Non Current Assets Total—659,345USD
Non Current Liabilities Total—57,620USD
Non Currrent Assets Other—349,888USD
Net Working Capital—22,918,566USD
Unclassified Equity—38,606,730USD
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Balance sheet Yearly

Exact reported values; units shown beside each amount. Missing values are —.
MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USD
Total Assets10,336,680USD2,147,903USD
Other Current Assets115,473USD49,477USD
Total Liab1,263,466USD4,217,119USD
Total Stockholder Equity9,073,214USD-2,069,216USD
Other Current Liab869,982USD251,144USD
Common Stock5USD3USD
Capital Stock10USD6USD
Retained Earnings-10,599,083USD-2,069,820USD
Cash9,283,566USD2,081,086USD
Cash And Short Term Investments9,283,566USD2,081,086USD
Total Current Assets9,399,039USD2,142,502USD
Total Current Liabilities1,187,193USD252,118USD
Current Deferred Revenue23,272USD—
Net Debt-9,136,590USD-2,081,086USD
Short Term Debt70,703USD—
Short Long Term Debt Total146,976USD—
Accounts Payable223,236USD974USD
Property Plant Equipment Net359,092USD5,401USD
Property Plant Equipment Gross359,092USD5,401USD
Accumulated Other Comprehensive Income-4,900USD-609USD
Common Stock Shares Outstanding12,348,579shares1,647,048shares
Non Current Assets Total937,640USD5,400USD
Non Current Liabilities Total76,273USD3,965,000USD
Non Currrent Assets Other578,548USD—
Net Working Capital8,211,846USD1,890,383USD
Unclassified Equity19,677,182USD—
Net Receivables—11,939USD
Unclassified Non Current Liabilities—3,965,000USD
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Cash flow YTD

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ2 20262026-06-30 · USD
Depreciation96,344USD
Stock Based Compensation1,459,980USD
Change To Account Receivables-95,580USD
Change To Liabilities631,200USD
Change In Working Capital-755,455USD
Operating Cash Flow-11,137,430USD
Capital Expenditures-347,997USD
Unclassified Investing Cash Flow-97,668USD
Investing Cash Flow-445,665USD
Financing Cash Flow27,387,239USD
Effect Of Forex Changes On Cash201,550USD
Change In Cash16,005,694USD
End Cash Flow25,289,260USD
SourceDisclosureDeterministicFinal

Cash flow Quarterly

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ1 20262026-03-31 · USDQ1 20252025-03-31 · USD
Net Income-4,458,835USD-693,977USD
Depreciation53,927USD0USD
Stock Based Compensation281,880USD10,233USD
Other Non Cash Items-154,020USD—
Change In Working Capital-154,020USD1,947USD
Total Cash From Operating Activities-4,277,048USD-681,797USD
Capital Expenditures-124,331USD0USD
Free Cash Flow-4,401,379USD-681,797USD
Total Cashflows From Investing Activities-124,331USD—
Total Cash From Financing Activities18,616,305USD0USD
Issuance Of Capital Stock19,487,095USD0USD
Change In Cash14,188,590USD-683,582USD
Begin Period Cash Flow9,283,566USD2,081,086USD
End Period Cash Flow23,472,156USD1,397,504USD
Other Cashflows From Financing Activities18,616,305USD—
Unclassified Financing Cash Flow-19,487,095USD—
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Cash flow Yearly

Exact reported values; units shown beside each amount. Missing values are —.
MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USD
Net Income-8,529,263USD-2,069,642USD
Depreciation39,026USD3,503USD
Stock Based Compensation194,743USD0USD
Other Non Cash Items3,493,431USD829,700USD
Change To Account Receivables12,342USD-12,342USD
Change In Working Capital179,712USD190,313USD
Total Cash From Operating Activities-4,622,351USD-1,046,126USD
Capital Expenditures-246,993USD-8,956USD
Free Cash Flow-4,869,344USD-1,055,082USD
Total Cashflows From Investing Activities-246,993USD-8,956USD
Total Cash From Financing Activities12,078,091USD3,011,513USD
Change In Cash7,202,480USD1,956,264USD
Begin Period Cash Flow2,081,086USD124,822USD
End Period Cash Flow9,283,566USD2,081,086USD
Other Cashflows From Financing Activities12,078,091USD3,011,513USD
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Operating metrics

No operating metrics are currently published for this company.

Revenue breakdown

No revenue breakdown is currently published for this company.

Periods follow company fiscal calendars. Quarterly, annual and year-to-date amounts are shown separately. Missing values are not zero. Data may be delayed, incomplete or corrected; follow the disclosure links to verify figures.