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13.08.26 - 12:36
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AIRO Reports Second Quarter 2026 Results (Business Wire)
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MCLEAN, Va.--(BUSINESS WIRE)--AIRO Group Holdings, Inc. (NASDAQ: AIRO) (“AIRO” or the “Company”), a global leader in advanced aerospace and defense technologies, today announced financial results for the second quarter ended June 30, 2026.
(All results compared to prior-year comparative period, unless otherwise noted)
Second Quarter 2026 Financial Highlights
Drone backlog of $163 million, up 9% compared to the first quarter of 2026
Revenue of $43.2 million increased 76% compared to revenue of $24.6 million in the second quarter of 2025
Gross margin of 64% improved versus 61% in the prior-year period, and 27% in the first quarter of 2026
Operating income of $1.7 million, compared to operating loss of $(19.7) million
Net loss of $(2) million, down from net income of $5.9 million
Adjusted EBITDA of $6.8 million versus $4.7 million
"The second quarter demonstrated the strength of our execution and momentum, with revenue growth of 76%, significant margin expansion, and Drone backlog growth of 9% t...
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11.08.26 - 13:06
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Airo Mechanical Adds Legrande′s Enterprises to Its Growing Business (Business Wire)
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Acquisition Furthers Airo's Geographic Expansion and Deepens its Plumbing Expertise
Legrande's is Airo's First Acquisition in Partnership with CCMP GrowthMOORESVILLE, N.C.--(BUSINESS WIRE)--Airo Mechanical (“Airo” or the “Company”), a leading provider of HVAC and plumbing installation services for multifamily and light commercial property developers and general contractors operating in the Southeastern United States, today announced that it has acquired Legrande's Enterprises (“Legrande's”), a Myrtle Beach, South Carolina-based specialty plumbing and HVAC contractor. The transaction, which is Airo's first in partnership with CCMP Growth, furthers Airo's continued growth and geographic expansion. It represents Airo's first location in the growing Myrtle Beach metropolitan area and deepens its plumbing expertise.
Founded in 2009, Legrande's offers plumbing and HVAC services to multifamily and commercial properties in the Myrtle Beach metropolitan area. Legrande's will gradually adopt A...
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30.07.26 - 22:03
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AIRO Announces Second Quarter 2026 Earnings Call Details and Participation in 15th Annual Needham Virtual Industrial Tech, Robotics & Clean Tech 1x1 Conference (Business Wire)
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MCLEAN, Va.--(BUSINESS WIRE)--AIRO Group Holdings, Inc. (Nasdaq: AIRO) (“AIRO” or the “Company”), a global leader in advanced aerospace and defense technologies, today announced that it will host a conference call to report its financial results for second quarter 2026 at 8:00 a.m., ET, on Thursday, August 13, 2026.
Participants can join the call by dialing 1 (833)-461-5787 (US) or 1 (585)-542-9983 (international) and enter the access code 276596. To listen to the live audio webcast and Q&A, visit the Event & Presentations section of AIRO's investor relations website at AIRO Group Holdings, Inc. - Events & Presentations, or by clicking on the link HERE. To avoid delays, it is recommended that participants dial into the conference call 15 minutes ahead of the scheduled start time.
A replay of the webcast will be available on the website within 24 hours after the call. The earnings press release and related materials will also be available on AIRO's investor relations website at https://investor...
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22.07.26 - 15:06
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Richard “Rich” Cimino Named Vice President of Engineering for AIRO′s US Drone and Avionics Businesses (Business Wire)
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Veteran aerospace engineering executive brings more than two decades of leadership experience to accelerate innovation across advanced avionics and autonomous systemsOSHKOSH, Wis.--(BUSINESS WIRE)--#AIRO--EAA AirVenture — Aspen Avionics and AIRO Group, a leading manufacturer of advanced avionics for general aviation, today announced jointly the appointment of Richard "Rich" Cimino as Vice President of Engineering, effective July 27, 2026.Cimino, based at AIRO's manufacturing facility in Phoenix, Arizona, will be responsible for leading engineering strategy and execution at Aspen Avionics, as well as engineering initiatives across AIRO's US-based drone business. He will oversee product development, systems and manufacturing engineering, certification, and technology roadmaps, working closely with business leaders to accelerate innovation and leverage engineering capabilities across AIRO companies.Cimino is an accomplished engineering executive with more than 20 years of experience leading aer...
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