UAVS NYSE Aircraft Financials FY2016βFY2025
AgEagle Aerial Systems Inc. had $12.8M of revenue in fiscal 2025, down 4.3% on the year before. Over five years, revenue changed +58.4% a year on average.
Last close Β· Oct 23, 2026
$0.61
1.3%Hi! I read AgEagle Aerial Systems Inc.βs latest annual report (fiscal 2025). Here is what stands out:
Good So-so Weak
Are sales growing?
β4.3%
No. Sales fell 4.3% last year.
Does it make a profit?
β41.2%
No. It lost money last year.
Does profit turn into cash?
β78.3%
No. It spent more cash than it brought in.
How healthy are the accounts?
4 / 8
Mixed. It passes 4 of 8 health tests.
Rules of thumb on reported numbers. A starting point, not a recommendation.
Is it selling more, and how much does it keep?
KIRA Β· AgEagle Aerial Systems Inc. had $12.8M of revenue in fiscal 2025, down 4.3% on the year before. Over five years, revenue changed +58.4% a year on average. Its operating margin was β115.0%, down 20.6Β pts: of every 100 in sales, about β115 is left after running the business.
In plain words: Revenue is all the money customers paid. The margins show how many cents of each dollar of sales are left over at each step: after making the product (gross), after running the business (operating) and after everything, tax included (net).
Revenue
Revenue
Margins, % of revenue
Margins, % of revenue
KIRA Β· AgEagle Aerial Systems Inc. lost $5.3M in fiscal 2025.
Loss periods are shown in red.
In plain words: Net income is the profit left after every cost and tax. Earnings per share (EPS) splits that profit across every share, so it shows what one share earned.
Net income
Net income
Diluted EPS
Diluted EPS
How much cash comes in, and where does it go?
KIRA Β· Free cash flow was β$10.0M in fiscal 2025, β78.3% of revenue.
Cash from operations minus capital spending.
In plain words: Profit on paper is not the same as cash in the bank. Free cash flow is the cash left after paying to run and maintain the business: the money it can hand back to shareholders, save or invest.
Free cash flow
Free cash flow
Cash from operations vs capital spending
Cash from operations vs capital spending
In plain words: Companies hand cash back in two ways: dividends (cash paid to shareholders) and buybacks (buying back their own shares, so each remaining share owns a bigger slice).
Dividends and buybacks
Dividends and buybacks
Diluted shares outstanding (annual)
KIRA Β· In the last 12 months, insiders bought $0.0M of shares on the open market and sold none.
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. βPlanβ marks trades under a pre-arranged Rule 10b5-1 plan.
In plain words: Insiders are the people who run or own a big part of the company. Buying with their own money can signal confidence; selling often has personal reasons, like taxes or diversifying.
Bought, 12 months
$0.0M
2 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
β
$0.0M
Can it carry its debts, and how well does it use its money?
KIRA Β· AgEagle Aerial Systems Inc. has $29.6M more cash than debt.
Cash, debt and the ratios that show how comfortably AgEagle Aerial Systems Inc. can carry it.
In plain words: What the company owns and what it owes. More cash than debt is a cushion for bad times; a lot of debt leaves less room when business slows down.
Cash vs debt (incl. leases)
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $14.6M | $4.3M | $0.8M | $3.6M | $29.9M |
| Debt incl. finance leases | $1.3M | $0.9M | $4.5M | $0.4M | $0.2M |
| Debt / equity | 0.0x | 0.0x | 0.4x | β | 0.0x |
| Interest coverage | β3,834.5x | β1,074.9x | β119.8x | β14.3x | β1,534.4x |
| Current ratio | 1.3x | 2.7x | 1.0x | 1.4x | 7.9x |
| Quick ratio | 1.1x | 1.4x | 0.3x | 0.7x | 6.8x |
| Total assets | $105M | $54.2M | $25.2M | $20.6M | $42.2M |
| Total liabilities | $28.1M | $11.0M | $14.5M | $26.3M | $6.5M |
| Shareholders' equity | $76.6M | $43.2M | $10.7M | β$5.7M | $35.7M |
| Net debt (β = net cash) | β$13.3M | β$3.5M | $3.7M | β$3.2M | β$29.6M |
KIRA Β· Its return on capital was β191.2%: every 100 invested in the business earned about β191 in a year.
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
In plain words: How much profit the business makes on the money put into it. A higher percentage means each dollar invested works harder.
Return on capital, equity and assets (annual)
KIRA Β· AgEagle Aerial Systems Inc. passes 4 of 8 financial health tests (Piotroski F-score).
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
In plain words: Nine yes/no tests of financial health, one point each. A green tick is a pass: 7 to 9 points is solid, 0 to 3 is weak.
| Test | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income is positive | β | β | β | β | β | β | β | β | β | β |
| Cash from operations is positive | β | β | β | β | β | β | β | β | β | β |
| Return on assets rose | β | β | β | β | β | β | β | β | β | β |
| Cash from operations exceeds net income | β | β | β | β | β | β | β | β | β | β |
| Debt fell relative to assets | β | β | β | β | β | β | β | β | β | β |
| Current ratio rose | β | β | β | β | β | β | β | β | β | β |
| Share count didn't rise | β | β | β | β | β | β | β | β | β | β |
| Gross margin rose | β | β | β | β | β | β | β | β | β | β |
| Revenue rose relative to assets | β | β | β | β | β | β | β | β | β | β |
| F-score | β / 3 | 2 / 7 | 5 / 8 | 2 / 8 | 4 / 8 | 2 / 8 | 3 / 8 | 3 / 9 | 5 / 9 | 4 / 8 |
| Accruals ratio | β138.6% | β11.3% | β8.5% | β12.1% | β16.0% | β26.5% | β48.5% | β79.3% | β124.5% | 14.9% |
| Altman Z'' | β59.96 | β90.24 | 20.43 | 0.32 | 13.30 | β0.31 | β9.44 | β31.27 | β37.97 | β9.05 |
Every number, year by year.
Amounts in USD. Hover a ratioβs name for its definition.
In plain words: Every number we have, year by year. Download it as a spreadsheet if you want to dig deeper.
| Fiscal year | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | β | $0.1M | $0.1M | $0.3M | $1.3M | $9.8M | $19.1M | $13.7M | $13.4M | $12.8M |
| Net interest income | β | β | β | β | β | β | β$0.1M | β$0.9M | β$8.4M | β |
| Gross profit | β | $0.0M | $0.0M | $0.1M | $0.6M | $4.3M | $8.2M | $5.5M | $6.3M | $6.6M |
| Research and development | β | β | $0.0M | $0.0M | $0.0M | $4.1M | $8.1M | $5.5M | $4.0M | $3.6M |
| Operating income | β$11.1M | β$0.7M | β$2.1M | β$2.5M | β$4.9M | β$30.3M | β$64.3M | β$39.2M | β$12.6M | β$14.7M |
| Interest expense | $1.9M | $0.1M | $0.0M | $0.0M | $0.0M | $0.0M | $0.1M | $0.3M | $0.9M | $0.0M |
| Pretax income | β$13.2M | β$0.8M | β$2.1M | β$2.5M | β$4.9M | β$30.1M | β$58.3M | β$42.4M | β$35.0M | β$5.3M |
| Income tax | $0.0M | $0.0M | $0.0M | $0.0M | β | $0.0M | $0.0M | β | $0.0M | $0.0M |
| Net income | β$13.2M | β$0.8M | β$2.1M | β$2.5M | β$4.9M | β$30.1M | β$58.3M | β$42.4M | β$35.0M | β$5.3M |
| Net income to common | β$16.2M | $1.1M | β | β | β$4.9M | $30.1M | β$60.7M | β$54.4M | β$53.0M | β$13.1M |
| Diluted EPS | β$1.92 | $0.11 | β$0.25 | β$0.18 | β$0.35 | β | β$14.56 | β$514.90 | β$46.24 | β |
| Diluted shares | 0.01B | 0.01B | 0.01B | 0.01B | 0.04B | β | 0.00B | 0.00B | 0.00B | β |
| Cash flow | ||||||||||
| Cash from operations | β$2.1M | β$0.3M | β$1.8M | β$1.8M | β$2.3M | β$12.5M | β$19.8M | β$11.0M | β$6.6M | β$10.0M |
| Capital expenditure | β | $0.0M | $0.0M | $0.0M | $0.1M | $0.5M | $0.3M | $0.2M | $0.0M | $0.1M |
| Free cash flow | β | β$0.3M | β$1.8M | β$1.8M | β$2.4M | β$13.0M | β$20.1M | β$11.2M | β$6.6M | β$10.0M |
| Depreciation and amortization | $0.4M | $0.0M | $0.0M | $0.0M | $0.0M | $0.1M | $3.9M | $3.8M | $1.1M | $0.8M |
| Stock-based compensation | β | $0.0M | $0.1M | $0.3M | $0.4M | $4.5M | $3.4M | $1.3M | $0.1M | $0.4M |
| Acquisitions | β | $0.1M | $0.9M | $0.0M | β | β | β | β | β | β |
| Balance sheet | ||||||||||
| Cash and short-term investments | $0.2M | $0.0M | $2.6M | $0.7M | $23.9M | $14.6M | $4.3M | $0.8M | $3.6M | $29.9M |
| Total debt | $17.9M | $4.9M | β | β | $0.0M | $1.3M | $0.9M | $4.5M | $0.4M | $0.2M |
| Current assets | $1.7M | $0.2M | $2.8M | $1.1M | $24.8M | $23.0M | $14.5M | $10.5M | $10.9M | $39.5M |
| Current liabilities | $19.8M | $2.0M | $0.3M | $0.5M | $2.2M | $17.1M | $5.4M | $11.0M | $7.9M | $5.0M |
| Inventory | $0.2M | $0.2M | $0.1M | $0.2M | $0.1M | $4.0M | $6.7M | $6.9M | $5.5M | $5.7M |
| Property and equipment, net | β | $0.0M | $0.0M | $0.0M | $0.1M | $1.0M | $0.8M | $0.8M | $0.5M | $0.3M |
| Goodwill | β | $0.0M | $3.3M | $3.1M | $3.1M | $64.9M | $23.2M | $7.4M | $4.5M | $0.0M |
| Intangible assets | β | $0.0M | $0.7M | $0.5M | $0.4M | $13.6M | $11.5M | $2.6M | $2.0M | $0.1M |
| Total assets | $8.0M | $0.3M | $6.8M | $4.8M | $28.7M | $105M | $54.2M | $25.2M | $20.6M | $42.2M |
| Total liabilities | $26.5M | $2.0M | $0.3M | $0.5M | $2.4M | $28.1M | $11.0M | $14.5M | $26.3M | $6.5M |
| Preferred stock | β | β | $0.0M | β | β | β | $0.0M | $0.0M | $0.0M | β |
| Shareholders' equity | β$0.9M | β$1.7M | $6.5M | $4.3M | $26.4M | $76.6M | $43.2M | $10.7M | β$5.7M | $35.7M |
| Margins | ||||||||||
| Gross margin | β | 19.6% | 42.8% | 31.9% | 44.6% | 43.6% | 43.0% | 39.8% | 47.0% | 51.8% |
| Operating margin | β | β574.9% | β1,911.5% | β850.1% | β383.6% | β310.3% | β336.6% | β284.9% | β94.3% | β115.0% |
| EBITDA margin | β | β559.0% | β1,894.8% | β845.0% | β383.6% | β309.8% | β316.0% | β257.2% | β86.3% | β108.7% |
| Net margin | β | β687.2% | β1,929.2% | β850.3% | β383.7% | β308.5% | β305.1% | β308.7% | β261.6% | β41.2% |
| FCF margin | β | β294.6% | β1,649.4% | β621.1% | β183.8% | β133.1% | β105.1% | β81.3% | β49.4% | β78.3% |
| Net interest share of revenue | β | β | β | β | β | β | β0.3% | β6.9% | β62.6% | β |
| Returns | ||||||||||
| Return on capital | β52.4% | β16.5% | β | β | β160.2% | β37.8% | β127.7% | β215.0% | β | β191.2% |
| Return on capital employed | 94.7% | 40.3% | β31.7% | β59.0% | β18.6% | β34.6% | β131.7% | β277.2% | β99.5% | β39.6% |
| Return on equity | β | β | β85.7% | β46.8% | β32.2% | β58.5% | β97.3% | β157.3% | β1,414.2% | β35.2% |
| Return on assets | β164.9% | β19.2% | β58.4% | β43.5% | β29.4% | β45.1% | β73.3% | β106.9% | β153.2% | β16.8% |
| Return on tangible equity | β | β | β81.3% | β391.1% | β21.6% | β | β710.7% | β7,999.0% | β | β36.6% |
| Growth | ||||||||||
| Revenue growth | β | β | β7.1% | 175.2% | 333.2% | 659.4% | 95.6% | β28.0% | β2.5% | β4.3% |
| EPS growth | β | β | β327.3% | β | β | β | β | β | β | β |
| Share count change | β | 24.7% | β22.2% | 77.6% | 180.1% | β | β | β97.5% | 986.2% | β |
| Financial health | ||||||||||
| Debt / equity | β | β | β | β | 0.0x | 0.0x | 0.0x | 0.4x | β | 0.0x |
| Interest coverage | β5.8x | β4.7x | β63.6x | β5,044.4x | β9,862.6x | β3,834.5x | β1,074.9x | β119.8x | β14.3x | β1,534.4x |
| Current ratio | 0.1x | 0.1x | 9.4x | 2.2x | 11.4x | 1.3x | 2.7x | 1.0x | 1.4x | 7.9x |
| Quick ratio | 0.1x | 0.0x | 8.9x | 1.7x | 11.3x | 1.1x | 1.4x | 0.3x | 0.7x | 6.8x |
| Capital allocation | ||||||||||
| Capex / revenue | β | 11.0% | 0.0% | 8.2% | 8.3% | 5.4% | 1.6% | 1.6% | 0.4% | 0.6% |
| Stock comp / revenue | β | 19.1% | 102.6% | 87.7% | 31.3% | 46.2% | 17.9% | 9.5% | 0.6% | 3.3% |
| Quality scores | ||||||||||
| Piotroski F-score | β | 2.0 | 5.0 | 2.0 | 4.0 | 2.0 | 3.0 | 3.0 | 5.0 | 4.0 |
| Altman Z'' | β60.0 | β90.2 | 20.4 | 0.3 | 13.3 | β0.3 | β9.4 | β31.3 | β38.0 | β9.1 |
| Accruals ratio | β138.6% | β11.3% | β8.5% | β12.1% | β16.0% | β26.5% | β48.5% | β79.3% | β124.5% | 14.9% |
Source: SEC EDGAR XBRL filings (CIK 0000008504). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β not investment advice. Check the original filings before relying on any figure.
