Business Description
Unusual Machines, Inc. engages in the commercial drone industry. The company offers small drones and essential components. It distributes their products through B2B sale, e-commerce site, and retail channel. The company has a strategic collaboration with Lantronix Inc. for the development of autonomous drone components integrating edge AI compute with flight control systems. The company was formerly known as AerocarveUS Corporation and changed its name to Unusual Machines, Inc. in July 2022. Unusual Machines, Inc. was incorporated in 2019 and is headquartered in Orlando, Florida.
Business History
Price Overview
Last updated: Jun 27, 2026 9:01am (just now)Price History (1 Year)
Revenue & Net Income Trend
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
EPS (Diluted): -0.74
Total Equity: $174.94M
Shares: 26,015,541
Total Debt: $2.63M
Cash: $103.26M
EBITDA: -$25.01M
Total Debt: $2.63M
Cash: $103.26M
Revenue: $11.20M
Shares: 26,015,541
Revenue: $11.20M
Revenue: $11.20M
Revenue: $11.20M
Total Equity: $174.94M
Tax Rate: 0.2%
Equity: $174.94M
Total Debt: $2.63M
Cash: $103.26M
Current Liabilities: $2.60M
Long-Term Debt: $2.17M
Total Debt: $2.63M
Total Equity: $174.94M
Shares: 26,015,541
Shares: 26,015,541
CapEx: -$2.06M
Shares: 26,015,541
Stock Price: $19.10
Net Income: -$19.19M
Industry Benchmarks
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
Income Statement (Annual)
Last updated: Jun 26, 2026 2:44am (1d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $4,989 | $0 | $0 | $5.6M | $11.2M |
| Cost of Revenue | $0 | $0 | $0 | $4.0M | $7.4M |
| Gross Profit | $4,989 | $0 | $0 | $1.5M | $3.8M |
| Operating Expenses | $166,868 | $1.2M | $2.4M | $18.5M | $28.9M |
| Operating Income | $-161,879 | -$1.2M | -$2.4M | -$17.0M | -$25.2M |
| Net Income | $-161,876 | -$1.2M | -$2.4M | -$32.0M | -$19.2M |
| EBITDA | $-161,879 | -$1.2M | -$2.4M | -$31.8M | -$25.0M |
| EPS | $-0.02 | $-0.17 | $-0.31 | $-3.84 | $-0.74 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 26, 2026 2:44am (1d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $3.8M | $3.1M | $894,773 | $3.8M | $103.3M |
| Total Current Assets | $3.9M | $3.1M | $1.0M | $6.1M | $159.5M |
| Total Assets | $3.9M | $3.3M | $1.5M | $16.1M | $182.7M |
| Current Liabilities | $0 | $131,931 | $114,497 | $933,669 | $2.6M |
| Long-Term Debt | $0 | $0 | $0 | $0 | $2.2M |
| Total Liabilities | $0 | $131,931 | $114,497 | $1.3M | $7.8M |
| Total Equity | $3.9M | $3.2M | $1.4M | $14.8M | $174.9M |
| Retained Earnings | $-296,007 | -$1.5M | -$3.9M | -$35.9M | -$55.1M |
Cash Flow (Annual)
Last updated: Jun 26, 2026 2:44am (1d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $-162,821 | -$1.2M | -$1.8M | -$4.0M | -$21.2M |
| Capital Expenditure | $0 | $-4,575 | $-3,164 | $-3 | -$2.1M |
| Free Cash Flow | $-162,820 | -$1.2M | -$1.8M | -$4.0M | -$23.2M |
| Acquisitions (net) | $0 | $0 | $0 | $-852,801 | $93,054 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $3.8M | $-686,469 | -$2.2M | $2.9M | $99.5M |
Analyst Estimates (Annual)
Last updated: Jun 27, 2026 9:01am (just now)| Metric | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|
| Revenue |
$39.5M $34.6M – $44.3M
|
$64.0M $56.0M – $71.8M
|
$172.1M $150.3M – $192.9M
|
$250.0M $218.4M – $280.3M
|
| EBITDA |
-$7.9M -$8.9M – -$6.9M
|
-$12.8M -$14.4M – -$11.2M
|
-$34.4M -$38.6M – -$30.1M
|
-$50.0M -$56.1M – -$43.7M
|
| Net Income |
-$8.1M -$9.4M – -$6.8M
|
-$14.2M -$16.5M – -$11.9M
|
-$10.4M -$12.0M – -$8.7M
|
$0 |
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 26, 2026 2:44am (1d ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | -100.0% | — | — | +101.2% |
| Gross Profit Growth | -100.0% | — | — | +143.5% |
| Operating Income Growth | -624.0% | -103.4% | -612.9% | -48.0% |
| Net Income Growth | -623.9% | -103.4% | -1,241.8% | +40.0% |
| EBITDA Growth | -623.4% | -103.1% | -1,237.5% | +21.4% |
Insider Trading (Recent)
All SEC Form 4 codes
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-06-05 | Thompson Jeffrey M | S-Sale | 15,000.00 | $26.96 | $404,400 |
| 2026-06-08 | Thompson Jeffrey M | S-Sale | 15,000.00 | $27.42 | $411,300 |
| 2026-06-04 | Camden Andrew Ross | S-Sale | 100,000.00 | $30.05 | $3.0M |
| 2026-06-01 | Rich Sanford | S-Sale | 25,000.00 | $28.98 | $724,543 |
| 2026-05-28 | Evans Allan Thomas | J-Other | 500,000.00 | $0.00 | $0 |
| 2026-05-27 | Hoff Brian Joseph | S-Sale | 150,000.00 | $17.71 | $2.7M |
| 2026-05-20 | Thompson Jeffrey M | A-Award | 2,784.00 | $0.00 | $0 |
| 2026-05-20 | Lowry Robert Paul | A-Award | 2,784.00 | $0.00 | $0 |
| 2026-05-20 | Rich Sanford | A-Award | 2,784.00 | $0.00 | $0 |
| 2026-05-21 | Rich Sanford | S-Sale | 1,392.00 | $14.18 | $19,736 |
| 2026-05-21 | Hoff Brian Joseph | S-Sale | 11,412.00 | $14.17 | $161,727 |
| 2026-05-21 | Camden Andrew Ross | S-Sale | 9,625.00 | $14.18 | $136,434 |
| 2026-03-16 | Camden Andrew Ross | S-Sale | 9,625.00 | $18.57 | $178,763 |
| 2026-03-16 | Wright Stacy Rochelle | S-Sale | 13,750.00 | $18.57 | $255,306 |
| 2026-03-16 | Hoff Brian Joseph | S-Sale | 11,413.00 | $18.59 | $212,163 |
| 2026-03-13 | Lowry Robert Paul | A-Award | 1,961.00 | $0.00 | $0 |
| 2026-03-13 | Thompson Jeffrey M | A-Award | 1,961.00 | $0.00 | $0 |
| 2026-03-13 | Rich Sanford | A-Award | 1,961.00 | $0.00 | $0 |
| 2026-03-16 | Rich Sanford | S-Sale | 980.00 | $20.20 | $19,796 |
| 2026-01-23 | Hoff Brian Joseph | A-Award | 110,000.00 | $0.00 | $0 |
Narrative Economics
market-narrative step).