Saturday 17 October 2026
Export SPAI’s income statement to Excel — free account
Safe Pro Group Inc.
SPAI Industrials Aerospace & Defense
Safe Pro Group Inc.’s revenue for fiscal 2025 (year ended December 2025) was $606,700.00, down 72.0% from fiscal 2024. In the quarter to June 2026, revenue grew 1,335.5%, EPS fell 15.4%, free cash flow fell 159.1% and total debt was flat, each against the same quarter a year earlier.
3.30
0.23
−6.52%
Follow SPAI
Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | — | — | — | — | — | — | — | 1.56 | 1.47 |
Analyst estimates 2026–2028 Powerpack |
|||
| High | — | — | — | — | — | — | — | — | 6.50 | 9.16 | |||||
| People | |||||||||||||||
| People | Employees | — | — | — | — | — | — | — | 13 | 13 | 15 | ||||
| Revenue/emp, $m | — | — | — | — | — | — | — | 0.07 | 0.17 | 0.04 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | — | — | — | — | — | — | — | 1 | 2 | 1 | ||||
| Gross margin, % | — | — | — | — | — | — | — | 33.90 | 41.77 | 33.33 | |||||
| EBT | — | — | — | — | — | — | — | (6) | (7) | (14) | |||||
| EBT margin, % | — | — | — | — | — | — | — | (688.09) | (342.45) | (2,360.77) | |||||
| Net income | — | — | — | — | — | — | — | (6) | (7) | (14) | |||||
| Depreciation | — | — | — | — | — | — | — | 0 | 1 | 1 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | — | — | — | — | — | — | — | 0.11 | 0.20 | 0.04 | ||||
| Earnings | — | — | — | — | — | — | — | (0.79) | (0.70) | (0.85) | |||||
| Cash flow | — | — | — | — | — | — | — | (0.25) | (0.39) | (0.37) | |||||
| Capex | — | — | — | — | — | — | — | 0.00 | (0.04) | (0.01) | |||||
| Free cash flow | — | — | — | — | — | — | — | (0.25) | (0.43) | (0.38) | |||||
| Book value | — | — | — | — | — | — | — | 0.22 | 0.37 | 1.05 | |||||
| Shares, m | — | — | — | — | — | — | — | 8 | 11 | 17 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | — | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | ||||
| P/S | — | — | — | — | — | — | — | 31.23 | 18.74 | 115.93 | |||||
| P/B | — | — | — | — | — | — | — | 71.60 | 10.49 | 3.97 | |||||
| EV/Sales | — | — | — | — | — | — | — | 31.20 | 17.90 | 88.49 | |||||
| EV/FCF | — | — | — | — | — | — | — | (19.05) | (9.33) | (8.31) | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | — | — | — | — | (2) | (4) | (6) | ||||
| Capex | — | — | — | — | — | — | — | 0 | 0 | 0 | |||||
| Free cash flow | — | — | — | — | — | — | — | (2) | (5) | (6) | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | — | — | — | — | — | — | — | 0 | 2 | 17 | ||||
| Total debt | — | — | — | — | — | — | — | 0 | 0 | 0 | |||||
| Net debt | — | — | — | — | — | — | — | (1) | (2) | (17) | |||||
| Shareholders’ equity | — | — | — | — | — | — | — | 2 | 4 | 18 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | — | — | — | — | — | — | — | 0.00 | (177.29) | (119.04) | ||||
| ROIC | — | — | — | — | — | — | — | (323.36) | (218.08) | (849.70) | |||||
| ROE | — | — | — | — | — | — | — | 0.00 | (262.95) | (132.67) | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
Safe Pro Group Inc. vs peers in Aerospace & Defense (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| BYRN Byrna Technologies Inc. | $111.9M | — (loss-making) | 888× | −45.72% (below 0%: shrinking) | n/m | +87.91% (above 0%: growing) | 79.46% | (19.16%) | Compare |
| HOVR New Horizon Aircraft Ltd. | $94.7M | — (loss-making) | — | — | n/m | −208.15% (below 0%: shrinking) | — | 0.00% | Compare |
| SPAI Safe Pro Group Inc. | $71.9M | — (loss-making) | — (loss-making) | +1,335.45% (above 0%: growing) | n/m | −159.09% (below 0%: shrinking) | 64.02% | (245.60%) | |
| OPXS Optex Systems Holdings Inc. | $69.3M | 17.5× | 18.2× | −12.43% (below 0%: shrinking) | −18.18% (below 0%: shrinking) | +53.00% (above 0%: growing) | 34.18% | 14.30% | Compare |
| FJET Starfighters Space, Inc. | $69.3M | — (loss-making) | — | — | n/m | −235.20% (below 0%: shrinking) | — | 0.00% | Compare |
| EVTL Vertical Aerospace Ltd. | $68.7M | — (loss-making) | — | — | n/m | −586.27% (below 0%: shrinking) | 0.00% | 0.00% | Compare |
| CVU CPI Aerostructures, Inc. | $65.9M | 17.0× | 5.8× | +15.83% (above 0%: growing) | n/m | +98.60% (above 0%: growing) | 22.02% | 6.80% | Compare |
| MNTS Momentus Inc. | $61.7M | — (loss-making) | — | −86.91% (below 0%: shrinking) | n/m | −180.26% (below 0%: shrinking) | 100.00% | (32,420.00%) | Compare |
| PEW GrabAGun Digital Holdings Inc. | $55.2M | — (loss-making) | — | +9.37% (above 0%: growing) | n/m | −650.00% (below 0%: shrinking) | 13.46% | (11.08%) | Compare |
| Median of peers | $69.0M | — | 18.2× | −12.43% | — | −194.20% | 28.10% | 0.00% |
Safe Pro Group Inc. (SPAI) key facts
- Concern: Safe Pro Group Inc.’s revenue for fiscal 2025 (year ended December 2025) was $606,700.00, down 72.0% from fiscal 2024.
- Safe Pro Group Inc. (SPAI) is an Aerospace & Defense company in the Industrials sector, listed on Nasdaq.
- As of October 16, 2026, SPAI traded at $3.30, a market capitalization of $71.9 million.
- Return on equity was −132.7% and debt-to-equity 0.01.
- Its Piotroski F-score is 4 out of 9 and its Altman Z-score is 26.66 (safe zone) for fiscal 2025.