3 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 →
Growth & profitability
Revenue has declined 18.7% per year over the past 2 years.
Operating margin has contracted, at -2397.6% in the latest year.
Financial health
The company holds more cash ($17M) than total debt ($146000).
Total debt has grown faster than revenue (0.0% vs -18.7% per year).
Operating income covered interest expense -1133.4× in the latest year, down from -766.6× 2 years ago.
The company is unprofitable; at its current free-cash-flow burn it has roughly 2.7 years of cash runway.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$606681
-$14M
33.3%
-2397.6%
-$6M
$146000
$17M
2024
$2M
-$7M
41.8%
-329.7%
-$4M
$146000
$2M
2023
$917720
-$6M
33.9%
-687.2%
-$2M
—
$703368
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$1M
-$3M
68.1%
-239.1%
-$1M
$146000
$15M
Dec '25
$227704
-$3M
33.1%
-1936.2%
-$3M
$146000
$17M
Sep '25
$101422
-$5M
33.1%
-4148.6%
-$2M
$146000
$8M
Jun '25
$92753
-$2M
34.0%
-2073.6%
-$1M
$146000
$805596
Mar '25
$184802
-$4M
33.3%
-2167.6%
-$959998
$146000
$912219
Dec '24
$887779
-$1M
52.2%
-157.9%
-$1M
$146000
$2M
Sep '24
$330756
-$4M
40.6%
-1070.9%
-$2M
$146000
$2M
Jun '24
$642989
-$1M
28.7%
-174.6%
—
$256000
$175953
Mar '24
$307653
-$1M
41.4%
-352.6%
—
—
$399607
Dec '23
$277658
-$4M
28.1%
-1590.5%
-$253276
—
$703368
Sep '23
$163547
-$679784
38.2%
-414.7%
—
—
$640063
Jun '23
$103008
-$731488
32.8%
-709.0%
—
—
$665274
Valuation over time
How the market has priced SPAI against its own fundamentals since 2024-08 —
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.
The price-to-sales ratio has risen from 93.5× (Aug '24) to 134.9× (Jun '26).
Price / sales (P/S)
P/S
Frequently asked questions
Is SPAI growing its revenue and profit?
Over the past 2 years, Safe Pro Group Inc.'s revenue has declined 18.7% per year. These are computed facts, not advice.
How much debt does SPAI have?
As of FY2025, Safe Pro Group Inc. reported $146000 of total debt against $17M of cash; operating income covered interest expense -1133.4×.
What is SPAI's profit margin?
In FY2025, gross margin was 33.3%, operating margin -2397.6%, and net margin -2360.8%.
Where does this data come from?
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.