AIRO
AIRO Group Holdings, Inc.

AIRO Group Holdings, Inc.AIRO

Industrials · Aerospace & Defense
5.21USD
+9.00%
Nov 08, 2026
AIRO overview ready
Unmanned Aircraft Platform Developer with Integrated Avionics and Training
Direct unmanned-aircraft platform developer and integrator with supporting avionics and military-training capabilities.
Primary theme is lagging
Defense / Drones is lagging (+0.2pp vs SPY over 21 sessions; 13 of 25 members ahead of SPY).
Price trend is broken
Longer-term context reads new trend, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
Fair valuation
The price broadly reflects how its multiples compare with businesses of the same kind, with upside and risk reasonably balanced.
Solid fundamentals
Ev / sales is strong.
Primary risk
Dependence on defense procurement budgets.
Market Nov 6Filing Jun 30Price action Nov 7Research Aug 28

Conviction Level

PriceAction1.4BusinessPerformance5.0BusinessQuality—Valuation3.5ThemeMomentum1.0Mixed — Revenue growth has accelerated, rising from -74% to +76% year over year. One recent quarter could not be confirmed and is not part of this read. Per-share figures are not comparable across a large share-count change; net income turned negative at -$2.0M from $5.9M. — From filed financial statements. Describes the recent trajectory of the business, not the stock. 20 of the 100 Conviction points.

Conviction uses Price Action, Business Performance, Business Quality, Valuation. Theme Momentum is research context, not an input.

Theme momentumPrimary theme · group context, not entry timing
vs SPY
+0.2pp
Theme return
−4.8%
Beating SPY
13 of 25
21 sessions to Nov 6, 2026 · Theme Leadership V2
Price
Loading price history…

Price Action

Price trend is broken
Longer-term context reads new trend, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
EntryDamaged / breakdown

The technical structure itself is broken across timeframes — the weakest entry profile.

Key Financials

Market Cap
$164.4M
Avg Volume (60D)
385.6K
60 sessions
Revenue Growth YoY
+4.6%
FY2025 vs FY2024
Gross Margin
+58.6%
Trailing twelve months
Operating Margin
-20.2%
Trailing twelve months
Free Cash Flow Yield
-34.6%
Distance from 200DMA
-33.9%
Next Earnings
2026-11-12
P/E
N/M
EV / Sales
1.3x
Market metrics as of Nov 6, 2026
Financial results for the period ended Jun 30, 2026
Filed balance-sheet data as of Jun 30, 2026

Business Performance

Mixed

Revenue growth has accelerated, rising from -74% to +76% year over year. One recent quarter could not be confirmed and is not part of this read. Per-share figures are not comparable across a large share-count change; net income turned negative at -$2.0M from $5.9M.

Latest reported: Q2 FY2026, ended Jun 30
Revenue growthAccelerating
+76%
$43.2M in Q2 FY2026 · YoY
YoY growth, last 4 quarters
  1. -74%
  2. n/a
  3. -25%
  4. +76%
Earnings growthTurned to a loss
-$2.0M
Net income -$2.0M. Per-share figures are not comparable across a large share-count change.
Not enough comparable diluted EPS quarters for a YoY sequence.
Operating marginSwinging
3.8%
+84.0 pp YoY · gross margin 64.1% (+2.9 pp)
The share count is rising

Business Quality

Not assessed

Not assessed yet — too few fiscal years of filings are on record.

Fundamentals & Valuation

All three valuation perspectives agree this company is cheap. The published stance is held at fair because no positive free cash flow behind the low multiple.
AIRO Group Holdings, Inc. has a Fair valuation stance because the price broadly reflects how its multiples compare with businesses of the same kind, with upside and risk reasonably balanced.

What changed

  • AIRO rose 9.0% in one session
    AIRO closed +9.0% while the broad market was close to flat (+0.3%).
    2026-11-06

Company Research

Thesis
Direct unmanned-aircraft platform developer and integrator with supporting avionics and military-training capabilities. AIRO is a genuine adjacent participant in the active defense-unmanned-systems theme.
Opportunity
Moderate opportunity
Defense procurement for attritable unmanned systems, autonomous reconnaissance and strike platforms, and counter-UAS protection as drone threats proliferate across military and homeland-security missions.
Key risk
Dependence on defense procurement budgets.

Economic classification

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Business & Markets

Industrials · Aerospace & Defense
What they do

AIRO Group Holdings, Inc. develops, manufactures, and sells advanced aerospace and defense products including drones, avionics, and military pilot training services across the United States, Europe, and internationally. It operates through four segments: Drones, Avionics, Training, and Electric Air Mobility.

How it earns

The company generates revenue primarily through transactional sales of aerospace and defense hardware and services, including military training contracts.

Products & services
Drones
Avionics systems (flight displays, connected panels, GPS/GNSS sensors)
Military pilot training
Electric air mobility platforms
Customers & end markets
Military and defense agencies
General aviation operators
Homeland security organizations
Market position

Niche player specializing in unmanned aircraft platforms and integrated avionics with military training capabilities.

Demand drivers
Medium cyclicality

Demand is influenced by defense budget cycles and procurement priorities but supported by ongoing security needs.