Unusual Machines reported second quarter revenue of $16.7 million, up 687% year-over-year and significantly beating analyst estimates. The company posted a net loss per share of ($0.16), missing consensus expectations. Growth was fueled by increased headcount and capacity to meet high demand for NDAA-compliant drone components.
Key Highlights
- Second quarter revenue grew 687% year-over-year and 106% quarter-over-quarter to $16.7 million.
- Gross margin for the quarter was 34.7%, and the company reported a near breakeven adjusted EBITDA loss of $0.4 million.
- Management expects slower revenue growth in the third quarter as it invests in foundational work to support a significant expansion in the fourth quarter and into 2027.
- The company ended the quarter with a strong cash position of $229.6 million after raising $60 million through its at-the-market facility.