AIRO Group Holdings (NASDAQ:AIRO) announced financial results for the fourth quarter and full year ended December 31, 2025, on Tuesday, highlighting significant double-digit revenue growth and a return to break-even profitability.
The global aerospace and defense technology firm posted fourth-quarter revenue of $48.3 million, representing a 22% increase compared to the $39.7 million recorded in the same period of 2024.
The company's top-line momentum was supported by a gross profit of $29.7 million for the quarter.
While absolute profit rose, gross margin compressed to 61.4% from 69.9% in the prior-year period.
Management attributed this shift to a higher volume of diversified hardware deliveries and a changing mix in the company's services and technology portfolio.
Operational performance reflected a disciplined cost environment, though operating income landed at $6 million for the quarter, compared to $16.1 million in Q4 2024.
Despite this decrease in operating income, AIRO achieved break-even net results for the quarter, a notable improvement from the $0.8 million net loss reported in the fourth quarter of the previous year.
On a non-GAAP basis, AIRO reported EBITDA of $8.8 million, slightly up from $8.7 million in the year-ago quarter.
Adjusted EBITDA reached $8.9 million, compared to $19.2 million in Q4 2024.
The variance in adjusted figures reflects the company's ongoing investments in scaling its autonomous flight and advanced air mobility platforms to meet a growing backlog of defense and commercial contracts.