Growth & profitability
- Revenue has grown 1.7% per year over the past 5 years.
- Net income has grown faster than revenue (55.5% vs 1.7% per year).
6 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $15M | $29M | 50.2% | -47.1% | — | — | $12M |
| 2024 | $23M | -$57M | 45.7% | -15.2% | — | — | $11M |
| 2023 | $12M | $16M | 46.9% | -54.0% | — | $0 | $3M |
| 2023 | — | $16M | — | — | — | — | — |
| 2022 | $15M | -$487493 | 57.9% | -19.4% | — | $131608 | $298614 |
| 2021 | — | $5M | — | — | — | — | $2M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $6M | -$720604 | 49.8% | -24.9% | — | — | $13M |
| Dec '25 | $6M | $23M | 51.2% | -9.4% | — | — | $12M |
| Sep '25 | $1M | $6M | 51.3% | -243.5% | — | — | $6M |
| Jun '25 | $2M | -$24M | 71.4% | -94.2% | — | — | $6M |
| Mar '25 | $6M | $24M | 40.6% | -31.2% | — | — | $9M |
| Dec '24 | $3M | -$50M | 38.6% | -46.5% | — | — | $11M |
| Sep '24 | $3M | $6M | 75.1% | -55.4% | — | — | $7M |
| Jun '24 | $6M | $18M | 70.4% | 15.3% | — | — | $226750 |
| Mar '24 | $11M | -$32M | 24.9% | -13.3% | — | — | $2M |
| Dec '23 | $4M | $23M | 40.1% | -14.8% | — | $0 | $3M |
| Dec '23 | — | $19M | — | — | — | — | — |
| Sep '23 | $2M | -$2M | 67.2% | -51.6% | — | — | $18752 |
| Jun '23 | $3M | $3M | 60.4% | -111.4% | — | — | $213892 |
| Mar '23 | $3M | -$2M | 27.4% | -57.9% | — | — | $568236 |
| Dec '22 | — | -$9M | — | — | — | $131608 | $298614 |
| Sep '22 | — | $2M | — | — | — | — | $1M |
| Jun '22 | — | $2M | — | — | — | — | $1M |
| Mar '22 | — | $5M | — | — | — | — | $1M |
| Dec '21 | — | $1M | — | — | — | — | $2M |
| Sep '21 | — | $10M | — | — | — | — | $2M |
How the market has priced AISP against its own fundamentals since 2023-12 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Airship AI Holdings, Inc.'s revenue has grown 1.7% per year, and net income grown 55.5% per year. These are computed facts, not advice.
As of FY2025, Airship AI Holdings, Inc. reported — of total debt against $12M of cash.
In FY2025, gross margin was 50.2%, operating margin -47.1%, and net margin 191.4%.
As of Jun '26, Airship AI Holdings, Inc. traded at a price-to-earnings ratio of about 3.0× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.