First Quarter 2026 Financial and Recent Operational Highlights Include:
Record Revenue Growth and High Margins Driven by AI Product Sales
Record quarterly revenue of $1,220,129 represents a 560% increase over $184,802 reported in the first quarter of 2025.
Safe Pro AI quarterly revenue surged over 2,400%, driven by new contracted sales of the Company's AI-powered drone-based video and imagery analysis systems.
Quarterly consolidated gross margins were more than 68% inclusive of depreciation validating Safe Pro's highly scalable AI-powered business model.
To date, the Company has repurchased 400,000 shares of its common stock under its existing stock repurchase program.
The Company ended the quarter maintaining a strong balance sheet with $14.8 million in cash and minimal debt.
NODE and NODE-X Edge Processing Solution Drives New Levels of Battlefield Situational Awareness
During the quarter the Company received, produced, and delivered multiple Edge processing systems under a $1,000,000 government subcontract, demonstrating its ability to rapidly scale production to meet customer demand. In April, through a contract modification, the subcontract was expanded to provide AI powered Edge processing system support.
Interest in the Company's Navigation, Observation & Detection Engine (NODE) and newly introduced NODE-X miniaturized Edge processing solution continues to grow after successfully completing multiple live fire exercises and demonstrations conducted by the U.S. Army. Participation in these invite-only events provides the Company with opportunities to directly engage with defense sector decisionmakers who can provide a pathway to potential product acquisition and deployment.
Expanded Leadership and Government Growth Team Accelerating U.S. Army Engagement and Contract Capture Activities
In response to growing requests for product demonstration and evaluation by defense industry stakeholders, Safe Pro appointed Jarret Mathews, Colonel, U.S. Army (Retired), formerly the Director, Joint Acquisitions Task Force of the U.S. Army's Special Operations Command, as its Chief Operating Officer.
Supporting further collaboration with U.S. government prime contractors, Safe Pro launched its new Growth Team led ...
