AgEagle Aerial Systems Inc. UAVS
AgEagle™ Aerial Systems Inc. ("AgEagle" or the "Company", "EagleNXT","we", "our" or "us"), through its wholly owned subsidiaries, is actively engaged in designing and delivering best-in-class drones, sensors and software that solve important problems for our customers. Founded in 2010, AgEagle was originally formed to pioneer proprietary, professional-grade, fixed-winged drones and aerial imagery-based data collection and analytics solutions for the agriculture industry. Today, the Company is earning distinction as a globally respected market leader offering customer-centric, advanced, autonomous uncrewed aerial systems ("UAS") which drive revenue at the intersection of flight hardware, sensors and software for industries that include military/defense, public safety, surveying/mapping, agriculture, and utilities/engineering, among others. AgEagle has also achieved numerous regulatory firsts, including earning governmental approvals for its commercial and tactical drones to fly Beyond Visual Line of Sight ("BVLOS") and/or Operations Over People ("OOP") in the United States, Canada, Brazil and the European Union and being awarded Blue UAS certification from the Defense Innovation Unit of the U.S. Department of War.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- Emea
- North America
- Asia Pacific
- Latin America
- Other Geographic Areas
| Region | FY2025 | FY2024 |
|---|---|---|
| Emea | $7.7M | $6.2M |
| North America | $2.0M | $4.1M |
| Asia Pacific | $1.6M | $1.6M |
| Latin America | $1.4M | $1.3M |
| Other Geographic Areas | $165.9K | $191.7K |
As the company reported it, from the “Note 16 - Segment Information - Schedule of Revenue by Geographic Area (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $12.8M | $13.4M | $13.7M | $19.1M | $9.8M | $1.3M | $296.7K | $107.8K | $116.0K | — |
| Cost of revenue | $6.2M | $7.1M | $8.3M | $10.9M | $5.5M | $711.6K | $202.0K | $61.7K | $93.4K | — |
| Gross profit | $6.6M | $6.3M | $5.5M | $8.2M | $4.3M | $573.7K | $94.6K | $46.1K | $22.7K | — |
| R&D | $3.6M | $4.0M | $5.5M | $8.1M | $4.1M | $29.4K | $38.9K | $0 | — | — |
| SG&A | $8.9M | $9.6M | $13.6M | $17.8M | $15.0M | $2.7M | $1.9M | $1.3M | $247.8K | $458.4K |
| Total operating expenses | $21.4M | $18.9M | $44.6M | $72.5M | $34.5M | $5.5M | $2.6M | $2.1M | $689.5K | $13.6M |
| Operating income | -$14.7M | -$12.6M | -$39.2M | -$64.3M | -$30.3M | -$4.9M | -$2.5M | -$2.1M | -$666.9K | -$11.1M |
| Interest expense | $9.6K | $8.4M | $948.6K | $59.8K | $7.9K | $549 | $501 | $32.4K | $142.8K | $1.9M |
| Pre-tax income | -$5.3M | -$35.0M | -$42.4M | -$58.3M | -$30.1M | -$4.9M | -$2.5M | -$2.1M | -$797.2K | -$13.2M |
| Income tax | $0 | $0 | — | $0 | $0 | — | $0 | $0 | $0 | $0 |
| Net income | -$5.3M | -$35.0M | -$42.4M | -$58.3M | -$30.1M | -$4.9M | -$2.5M | -$2.1M | -$797.2K | -$13.2M |
| EPS, basic | -0.52 | -46.24 | -514.90 | -14.56 | — | — | — | — | 0.11 | -1.92 |
| EPS, diluted | — | -46.24 | -514.90 | -14.56 | — | -0.35 | -0.18 | -0.25 | -0.19 | -1.92 |
| Shares, diluted (wtd. avg.) | 25.1M | 1.1M | 105,592 | 4.2M | — | — | — | — | 10.5M | 8.4M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | — | $3.6M | $819.0K | $4.3M | $14.6M | $23.9M | $718.0K | $2.6M | $35.3K | $15.9K |
| Short-term investments | — | — | — | — | — | — | — | — | — | $211.0K |
| Receivables | $3.4M | $1.4M | $2.1M | $2.2M | $2.9M | — | $65.8K | $93 | $255 | $600.3K |
| Inventory | $5.7M | $5.5M | $6.9M | $6.7M | $4.0M | $135.6K | $221.2K | $149.5K | $158.6K | $185.7K |
| Total current assets | $39.5M | $10.9M | $10.5M | $14.5M | $23.0M | $24.8M | $1.1M | $2.8M | $197.6K | $1.7M |
| Property, plant and equipment | $331.8K | $455.6K | $799.9K | $791.2K | $952.1K | $122.6K | $37.8K | $28.4K | $38.7K | — |
| Goodwill | $0 | $4.5M | $7.4M | $23.2M | $64.9M | $3.1M | $3.1M | $3.3M | $0 | — |
| Other intangibles | $56.9K | $2.0M | $2.6M | $11.5M | $13.6M | $440.5K | $520.6K | $677.1K | $0 | — |
| Total assets | $42.2M | $20.6M | $25.2M | $54.2M | $104.7M | $28.7M | $4.8M | $6.8M | $311.3K | $8.0M |
| Accounts payable | $1.6M | $2.8M | $3.1M | $1.8M | $2.5M | $159.8K | $57.4K | $197.8K | $426.2K | $294.2K |
| Short-term debt | $0 | $99.7K | — | — | — | — | — | — | $4.9M | $17.9M |
| Total current liabilities | $5.0M | $7.9M | $11.0M | $5.4M | $17.1M | $2.2M | $521.9K | $300.4K | $2.0M | $19.8M |
| Long-term debt | $209.6K | $274.4K | $489.0K | $446.8K | $808.0K | $17.9K | — | — | — | $0 |
| Total liabilities | $6.5M | $26.3M | $14.5M | $11.0M | $28.1M | $2.4M | $521.9K | $300.4K | $2.0M | $26.5M |
| Retained earnings | -$231.2M | -$218.4M | -$165.6M | -$111.6M | -$51.1M | -$20.9M | -$8.2M | -$5.7M | -$3.6M | -$87.6M |
| Total equity | $35.7M | -$5.7M | $10.7M | $43.2M | $76.6M | $26.4M | $4.3M | $6.5M | -$1.7M | -$896.6K |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$10.0M | -$6.6M | -$11.0M | -$19.8M | -$12.5M | -$2.3M | -$1.8M | -$1.8M | -$328.9K | -$2.1M |
| Depreciation and amortisation | $243.6K | $345.0K | $257.1K | $445.9K | $184.7K | $0 | $15.0K | $18.0K | $18.5K | $414.0K |
| Stock-based compensation | $417.7K | $80.6K | $1.3M | $3.4M | $4.5M | $402.0K | $260.3K | $110.6K | $22.2K | — |
| Capital expenditure | $74.7K | $49.5K | $215.4K | $313.8K | $525.3K | $106.1K | $24.4K | $0 | $12.8K | — |
| Investing cash flow | -$74.7K | -$94.1K | -$777.0K | -$8.4M | -$42.5M | -$779.0K | -$24.4K | -$1.6M | -$87.8K | -$308.8K |
| Financing cash flow | $36.2M | $9.5M | $8.6M | $17.5M | $45.6M | $26.3M | -$41.0K | $5.9M | $436.1K | -$566.2K |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001437749-26-010682.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | $116.0K | $107.8K | $296.7K | $1.3M | $9.8M | $19.1M | $13.7M | $13.4M | $12.8M |
| Gross profit | — | $22.7K | $46.1K | $94.6K | $573.7K | $4.3M | $8.2M | $5.5M | $6.3M | $6.6M |
| Net income | -$13.2M | -$797.2K | -$2.1M | -$2.5M | -$4.9M | -$30.1M | -$58.3M | -$42.4M | -$35.0M | -$5.3M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Other event Item 8.01
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Material agreement signed Item 1.01
- Other event Item 8.01
- Material agreement signed Item 1.01
- Shareholder vote Item 5.07
- Results announced Item 2.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 3721
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| BA | BOEING CO | $148.87B | 75.9x | 34.5% |
| AVAV | AeroVironment Inc | $6.24B | — | 140.9% |
| JOBY | Joby Aviation, Inc. | $4.71B | — | 39,183.1% |
| BETA | BETA Technologies, Inc. | $4.59B | — | 136.0% |
| ACHR | Archer Aviation Inc. | $3.01B | — | — |
| EVEX | Eve Holding, Inc. | $571.5M | — | — |
| AIRO | AIRO Group Holdings, Inc. | $149.9M | — | 4.6% |
| HOVR | New Horizon Aircraft Ltd. | $85.5M | — | — |