Airship AI Reports First Quarter 2026 Financial Results

Airship AI Holdings reported first-quarter net revenues of $6.3 million and a 50% gross margin, driven by increased solution sales and a 15% year-over-year revenue increase.

Justin Tomlinson

Editor-in-Chief, Mora Discover

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Airship AI Reports First Quarter 2026 Financial Results

Airship AI Holdings, Inc. (NASDAQ: AISP), a Redmond-based leader in AI-driven video, sensor, and data management surveillance solutions, released its financial and operational results for the first quarter of 2026. For the three-month period ending March 31, 2026, the company achieved net revenues of $6.3 million. This performance marks a 15% increase in net revenue when compared to the results reported during the first quarter of the prior fiscal year. The company officially reported these results from its headquarters in Redmond, Washington, on May 11, 2026, following the conclusion of the first quarter.[1][3]

In addition to the revenue growth, Airship AI reported a gross profit of $3.2 million for the first quarter. The company's gross margin percentage reached 50%, which represents a significant 42% increase compared to the same period last year. According to the company, these higher margins were driven in part by an increase in solution sales, highlighting a shift in the company's operational performance and product mix during the start of the 2026 fiscal year. These financial highlights underscore the company's ongoing efforts as a leader in the management of surveillance data and sensor technology.[1][2][3]

The company's operational results for the first quarter were finalized and reported on May 11, 2026. These results highlight the company's financial standing at the end of the March 31 period, specifically noting the impact of solution sales on the overall gross margin. Airship AI, which operates out of Redmond, Washington, remains focused on its role as a provider of sensor and data management solutions within the surveillance industry.[1][3]

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