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Airship AI Holdings Inc

ir.airship.ai

What Do They Do?

Sells hardware and software that organize and analyze video and other sensor data for government agencies, law enforcement organizations, and commercial businesses.

How Do They Make Money?

Customers buy bundled hardware-and-software systems, with invoices typically due within 30 to 90 days; support and other services generate revenue over time.

FY2025 revenue

Who Are Their Customers?

Government agencies, law enforcement organizations, and commercial companies buy the platform and related services; Airship describes direct customer engagement and is expanding partner- and integrator-led commercial sales.

Do Revenues Turn Into Profits?

Yes. Its net income in FY2025 was larger than its revenue.

Operating income, FY2025
−47% of revenue
▲ +106% (Loss) vs FY2024 (−$3.5M, −15%)
Net income, FY2025
191% of revenue
▲ Now profitable vs FY2024 (−$57.5M, −249%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
▲ +92%
vs $2.1M in Q2 FY2025
Net income
▼ −90% (Loss)
vs −$23.8M in Q2 FY2025

From blank-check company to AI platform The older report describes a blank-check company seeking a business combination; the latest describes a business selling AI data-management software and edge hardware to government and commercial customers.

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