Earnings
Earnings
Quarterly earnings, revenue, and financial results.
Latest Coverage
Matternet Warns on Going Concern With Revenue Under $400,000
Matternet's SEC filings show $392,739 of revenue in the year to 30 September 2025, a $145.7M accumulated deficit and an auditor going-concern opinion.
XTI Aerospace Warns of Going-Concern Doubt After CEO Resigns
XTI Aerospace told the SEC its late second-quarter 10-Q is expected to disclose going-concern doubt, days after chairman and CEO Scott Pomeroy resigned.
Ondas Books $83.8M Quarter, Raises Guidance to $550M
Ondas grew Q2 2026 revenue more than 13-fold to $83.8 million and lifted full-year guidance, while adjusted EBITDA losses widened to $50.6 million.
Ondas Q1 Revenue Jumps 1,065% on Counter-Drone Demand
Ondas reported Q1 revenue of $50.1 million, up 1,065% year-over-year, and raised full-year guidance to $390 million on a $457 million backlog that grew 569% since end of 2025.
Red Cat Q1 2026: Revenue Up 849% to $15.5M, NATO and Asia-Pacific Orders
Red Cat Holdings posted $15.5M in Q1 2026 revenue, up 849% year-over-year, with new Black Widow orders from a NATO ally and a second Asia-Pacific customer.
ZenaTech Revenue Jumps 558% to $12.9M on Drone-as-a-Service Push
ZenaTech posted $12.9M in 2025 revenue, up 558%, driven by 20 acquisitions and a new Drone as a Service segment that generated $10.1M in its first year.
XTI Aerospace Posts $121.6M Revenue, Targets $160M in 2026
XTI Aerospace reports $121.6M pro forma 2025 revenue after Drone Nerds acquisition and targets $160M for 2026.
Companies
Unusual Machines
US drone manufacturer and components distributor building NDAA-compliant drones and supplying parts to reduce American dependence on Chinese drone supply chains.
United States
XTI Aerospace
US unmanned-systems and drone-services company whose commercial drone business operates through Drone Nerds.
United States
AeroVironment
US manufacturer of small tactical UAS, loitering munitions and counter-UAS systems, transformed in scale by its 2025 acquisition of BlueHalo.
United States
Anzu Robotics
US drone company that built the Raptor series under licence from DJI, now owned by XTI Aerospace and developing a replacement after ending Raptor production.
United States
Drone Nerds
US drone distributor and enterprise solutions provider, acquired by XTI Aerospace in November 2025 and now the source of almost all of that company's revenue.
United States
DroneUp
US company that abandoned drone delivery in 2025 after Walmart ended its contract, and now sells airspace management and drone autonomy software to regulators and operators.
United States
DZYNE Technologies
US developer of long-endurance ISR aircraft, expendable drones and counter-UAS systems, acquired by Ondas in July 2026 and now part of the Ondas Sentinel division.
United States
Matternet
US drone delivery company whose M2 aircraft holds FAA type and production certification, now an SEC-reporting company with minimal revenue and a going-concern warning.
United States
Recent Contracts
defense
U.S. Army, AeroVironment
Delivery order for additional Switchblade 600 Block 2 loitering munitions, plus Switchblade 600...
defense
U.S. Army, AeroVironment
Prototype agreement for the Low-Altitude Stalking and Strike Ordnance (LASSO) program covering...
defense
Acquisition Technology & Logistics Agency, Red Cat Holdings
Delivery of 173 Black Widow sUAS systems to the Japan Ground Self-Defense Force for tactical ISR...
defense
U.S. Army, AeroVironment
Production contract for VAPOR CLE electric VTOL drones under the Company-Level Directed...
defense
Powerus (Autonomous Power Corporation), Unusual Machines
Supply contract for US-manufactured components for counter-UAS interceptor systems and 10-inch...