Airship AI Q1 FY26 net loss widens to $721,000; net revenues rise 15.4% to $6.35 million

Airship AI Holdings Inc Class A

Airship AI Holdings Inc Class A

AISP

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  • Airship AI posted a net loss of $721,000, swinging from net income of $23.71 million.
  • Net revenues rose 15.4% to $6.35 million, while operating loss narrowed to $1.58 million.
  • Other income fell to $861,000 from $25.42 million, reflecting a $726,000 loss from change in fair value of earnout liability alongside a $1.5 million gain from change in fair value of warrant liability.
  • Selling, general and administrative expense climbed to $3.9 million, research and development expense increased to $844,000.
  • Backlog totaled about $4.6 million as of May 6, 2026, while validated pipeline stood at $165.3 million with expected award timeframes over the next 18-24 months.


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