Airship AI Holdings, Inc.(AISP)Earnings, Financials & Key Ratios
AISP•NASDAQ
$2.56
$88M mkt cap·3.4× P/E·Price updated May 6, 2026
AboutAirship AI Holdings, Inc. provides AI-driven video, sensor, and data management surveillance platform in the United States. The company offers Airship Acropolis OS, an IP and analog video surveillance; Airship Command, a suite of visualization tools that allows users to view data and evidence ingested from the edge; and Airship Outpost foe high-definition recording with user defined low-bit rate video stream encoding. It serves government, public sector, law enforcement, military, and commercial enterprise organizations. The company was formerly known as Super Simple AI, Inc. and changed its name to Airship AI Holdings, Inc. on March 2023. Airship AI Holdings, Inc. was founded in 2006 and is headquartered in Redmond, Washington.Show more
- Revenue$15M-33.5%
- EBITDA-$7M-108.4%
- Net Income$29.32B+51124.7%
- EPS (Diluted)0.76+140.0%
- Gross Margin50.24%+10.0%
- EBITDA Margin-44.63%-213.6%
- Operating Margin-47.1%-209.7%
- Net Margin191375.86%+76863.5%
- Interest Coverage-0.03+99.3%
AISP Key Insights
Airship AI Holdings, Inc. (AISP) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Healthy 5Y average net margin of 38243.4%
✗Weaknesses
- ✗Negative free cash flow
- ✗Weak momentum: RS Rating 14 (bottom 14%)
- ✗Shares diluted 27.8% in last year
- ✗Trading more than 30% below 52-week high
- ✗Low asset turnover indicates capital-intensive operations
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
AISP Price & Volume
Airship AI Holdings, Inc. (AISP) stock price & volume — 10-year historical chart
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AISP Growth Metrics
Airship AI Holdings, Inc. (AISP) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years1.74%
TTM-33.53%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM51125.29%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM137.17%
Return on Capital
10 Years-154.28%
5 Years-154.28%
3 Years-154.28%
Last Year-0.11%
AISP Peer Comparison
Airship AI Holdings, Inc. (AISP) competitors in Vertical software and industry platforms — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 AIOT | 450.51M | 3.31 | -7.70 | -7.4% | -6.64% | 0.64 | ||
 KSCP | 8.97M | 3.10 | -0.28 | -15.57% | -256.09% | -110.54% | 0.36 | |
 VVPR | 52.05M | 3.10 | -1.61 | 281.25% | -10.04% | -63.63% | 1.45 | |
 BKSY | 1.24B | 40.51 | -19.38 | 4.39% | -65.93% | -74.06% | 0.16 | |
 AXON | 31.09B | 385.86 | 255.54 | 33.47% | 6.91% | 6.58% | 0.59 | |
 DGLY | 2.43M | 1.28 | -0.23 | -30.44% | -59.7% | -136.3% | ||
 SAIC | 4.25B | 94.36 | 12.25 | -2.9% | 4.93% | 23.73% | 0.14 | |
 CACI | 11.03B | 499.42 | 22.38 | 12.64% | 5.86% | 13.15% | 0.86 |
Compare AISP vs Peers
Airship AI Holdings, Inc. (AISP) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
AISP Income Statement
Airship AI Holdings, Inc. (AISP) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|
| Sales/Revenue | 13.04M | 14.55M | 12.3M | 23.05M | 15.32M |
| Revenue Growth % | - | 11.58% | -15.46% | 87.4% | -33.53% |
| Cost of Goods Sold | 6.05M | 6.13M | 6.55M | 12.52M | 7.62M |
| COGS % of Revenue | 46.41% | 42.12% | 53.25% | 54.33% | 49.76% |
| Gross Profit | 6.99M▲ 0% | 8.42M▲ 20.5% | 5.75M▼ 31.7% | 10.53M▲ 83.1% | 7.7M▼ 26.9% |
| Gross Margin % | 53.59% | 57.88% | 46.74% | 45.67% | 50.24% |
| Gross Profit Growth % | - | 20.52% | -31.73% | 83.11% | -26.88% |
| Operating Expenses | 13.11M | 11.24M | 12.39M | 14.03M | 14.91M |
| OpEx % of Revenue | 100.55% | 77.29% | 100.73% | 60.88% | 97.34% |
| Selling, General & Admin | 8.9M | 7.63M | 9.66M | 11.23M | 11.84B |
| SG&A % of Revenue | 68.22% | 52.44% | 78.54% | 48.71% | 77258.77% |
| Research & Development | 4.22M | 3.62M | 2.73M | 2.81M | 3.08B |
| R&D % of Revenue | 32.33% | 24.85% | 22.19% | 12.17% | 20079.6% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | -14.9B |
| Operating Income | -6.12M▲ 0% | -2.82M▲ 53.9% | -6.64M▼ 135.1% | -3.5M▲ 47.2% | -7.22M▼ 105.9% |
| Operating Margin % | -46.96% | -19.41% | -53.98% | -15.21% | -47.1% |
| Operating Income Growth % | - | 53.88% | -135.13% | 47.21% | -105.87% |
| EBITDA | -6.07M | -2.29M | -6.03M | -3.28M | -6.84M |
| EBITDA Margin % | -46.56% | -15.75% | -49.01% | -14.23% | -44.63% |
| EBITDA Growth % | - | 62.25% | -163.04% | 45.59% | -108.43% |
| D&A (Non-Cash Add-back) | 53.2K | 532.11K | 611.43K | 224.64K | 378.45K |
| EBIT | -5.1M | -402K | 16.43M | -56.46M | -7.22M |
| Net Interest Income | 3.6K | -32.69K | -55.69K | -1M | 282.79K |
| Interest Income | 24.79K | 42.56K | 0 | 0 | 282.79K |
| Interest Expense | 21.19K | 75.26K | 55.69K | 1M | 282.79M |
| Other Income/Expense | 999.43K | 2.35M | 23.01M | -53.96M | 36.54M |
| Pretax Income | -5.12M▲ 0% | -477K▲ 90.7% | 16.37M▲ 3532.1% | -57.47M▼ 451.0% | 29.32M▲ 151.0% |
| Pretax Margin % | -39.3% | -3.28% | 133.1% | -249.31% | 191.38% |
| Income Tax | 0 | 10K | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | -2.1% | 0% | 0% | 0% |
| Net Income | -5.12M▲ 0% | -487K▲ 90.5% | 16.37M▲ 3461.6% | -57.47M▼ 451.0% | 29.32B▲ 51124.7% |
| Net Margin % | -39.3% | -3.35% | 133.1% | -249.31% | 191375.86% |
| Net Income Growth % | - | 90.5% | 3461.6% | -451.02% | 51124.73% |
| Net Income (Continuing) | -5.12M | -487K | 16.37M | -57.47M | 29.32M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.12▲ 0% | -0.01▼ 110.4% | 0.80▲ 6500.0% | -1.90▼ 337.5% | 0.76▲ 140.0% |
| EPS Growth % | - | -110.42% | 6500% | -337.5% | 140% |
| EPS (Basic) | 0.12 | -0.01 | 0.55 | -2.34 | 0.90 |
| Diluted Shares Outstanding | 41.49M | 38.99M | 20.39M | 30.27M | 38.68M |
| Basic Shares Outstanding | 41.49M | 38.99M | 29.69M | 24.59M | 32.41M |
| Dividend Payout Ratio | - | - | - | - | - |
AISP Balance Sheet
Airship AI Holdings, Inc. (AISP) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|
| Total Current Assets | 2.23M | 1.99M | 4.8M | 12.66M | 18.51B |
| Cash & Short-Term Investments | 1.34M | 298.61K | 3.12M | 11.41M | 11.75B |
| Cash Only | 1.34M | 298.61K | 3.12M | 11.41M | 11.75B |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 859.12K | 1.67M | 1.66M | 1.23M | 6.46B |
| Days Sales Outstanding | 24.05 | 41.98 | 49.15 | 19.43 | 153.96K |
| Inventory | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - |
| Other Current Assets | 30.1K | 16.04K | 18.37K | 17.88K | 294.19M |
| Total Non-Current Assets | 1.99M | 1.92M | 1.29M | 1.05M | 968.44M |
| Property, Plant & Equipment | 31.62K | 821.08K | 1.11M | 882.02K | 807.91M |
| Fixed Asset Turnover | 412.38x | 17.72x | 11.11x | 26.13x | 0.02x |
| Goodwill | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 323.72M | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | -321.76M | 1.1M | 182.33K | 165.96K | 160.53M |
| Total Assets | 4.22M▲ 0% | 3.91M▼ 7.4% | 6.09M▲ 55.7% | 13.71M▲ 125.2% | 19.48B▲ 141978.4% |
| Asset Turnover | 3.09x | 3.72x | 2.02x | 1.68x | 0.00x |
| Asset Growth % | - | -7.37% | 55.74% | 125.16% | 141978.39% |
| Total Current Liabilities | 5.02M | 6.03M | 11.87M | 5.65M | 6.28B |
| Accounts Payable | 173.69K | 216.72K | 2.91M | 759.48K | 1.15B |
| Days Payables Outstanding | 10.48 | 12.91 | 162.08 | 22.14 | 55.05K |
| Short-Term Debt | 0 | 292.93K | 2.83M | 0 | 438.63M |
| Deferred Revenue (Current) | 4.59M | 4.17M | 4.01M | 3.24M | 4.67B |
| Other Current Liabilities | 0 | 600K | 1.75M | 1.3M | 27.97M |
| Current Ratio | 0.45x | 0.33x | 0.40x | 2.24x | 2.94x |
| Quick Ratio | 0.45x | 0.33x | 0.40x | 2.24x | 2.94x |
| Cash Conversion Cycle | - | - | - | - | - |
| Total Non-Current Liabilities | 7.61M | 6.24M | 11.71M | 61.08M | 20.34B |
| Long-Term Debt | 1.14M | 131.61K | 0 | 0 | 425.11M |
| Capital Lease Obligations | 0 | 203.77K | 943.7K | 638.52K | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 1.17M | 1.1M | 5.8M | 57.49M | 19.92B |
| Total Liabilities | 12.63M | 12.27M | 23.58M | 66.73M | 26.62B |
| Total Debt | 1.14M | 1.26M | 3.94M | 943.7K | 863.74M |
| Net Debt | -203K | 958.07K | 819.53K | -10.47M | -10.89B |
| Debt / Equity | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - |
| Interest Coverage | -288.94x | -37.53x | -119.24x | -3.49x | -0.03x |
| Total Equity | -8.41M▲ 0% | -8.36M▲ 0.6% | -17.49M▼ 109.2% | -53.02M▼ 203.2% | -7.15B▼ 13384.0% |
| Equity Growth % | - | 0.58% | -109.22% | -203.21% | -13384% |
| Book Value per Share | -0.20 | -0.21 | -0.86 | -1.75 | -184.84 |
| Total Shareholders' Equity | -8.41M | -8.36M | -17.49M | -53.02M | -7.15B |
| Common Stock | 44.67K | 1.34K | 2.28K | 3.06K | 3.43M |
| Retained Earnings | -9.83M | -10.31M | -17.48M | -74.94M | -45.62B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | -10.11K | -12.81K | -3.47K | -10.88M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
AISP Cash Flow Statement
Airship AI Holdings, Inc. (AISP) cash flow — operating, investing & free cash flow history
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|
| Cash from Operations | -5.13M | -2.9M | -3.29M | -6.5M | -8B |
| Operating CF Margin % | -39.36% | -19.95% | -26.76% | -28.22% | -52246.21% |
| Operating CF Growth % | - | 43.45% | -13.39% | -97.61% | -122976.01% |
| Net Income | -5.12M | -487.49K | 16.37M | -57.46M | 29.32B |
| Depreciation & Amortization | 53.2K | 532.11K | 611.43K | 224.64K | 378.45M |
| Stock-Based Compensation | 898.88K | 546.46K | 2.85M | 1.36M | 1.63B |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -964.11K | -1.13M | -23.09M | 54.18M | -39.33B |
| Working Capital Changes | 3.8K | -2.36M | -35.58K | -4.8M | -3.08M |
| Change in Receivables | 572.43K | -814.25K | 17.23K | 429.38K | -5.24M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 98.33K | -98.78K | 666.14K | 0 | 366.65K |
| Cash from Investing | 0 | 0 | 0 | 0 | 0 |
| Capital Expenditures | 0 | 0 | 0 | 0 | 0 |
| CapEx % of Revenue | - | - | - | - | - |
| Acquisitions | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | 3.64M | 1.87M | 6.12M | 14.79M | 8.35B |
| Debt Issued (Net) | 1.13M | 1.27M | 2.16M | 0 | 0 |
| Equity Issued (Net) | 0 | 0 | 0 | 1000K | 1000K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 2.5M | 600K | 3.96M | 7.5M | 8.34B |
| Net Change in Cash | -1.5M▲ 0% | -1.05M▲ 30.1% | 2.83M▲ 370.1% | 8.29M▲ 193.4% | 335.19M▲ 3943.1% |
| Free Cash Flow | -5.13M▲ 0% | -2.9M▲ 43.4% | -3.29M▼ 13.4% | -6.5M▼ 97.6% | -8B▼ 122976.0% |
| FCF Margin % | -39.36% | -19.95% | -26.76% | -28.22% | -52246.21% |
| FCF Growth % | - | 43.45% | -13.39% | -97.61% | -122976.01% |
| FCF per Share | -0.12 | -0.07 | -0.16 | -0.21 | -206.94 |
| FCF Conversion (FCF/Net Income) | 1.00x | 5.96x | -0.20x | 0.11x | -0.27x |
| Interest Paid | 11.35K | 19.95K | 0 | 0 | 0 |
| Taxes Paid | 54.82K | 0 | 0 | 2.41K | 0 |
AISP Key Ratios
Airship AI Holdings, Inc. (AISP) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Gross Margin | 53.59% | 57.88% | 46.74% | 45.67% | 50.24% |
| Net Margin | -39.3% | -3.35% | 133.1% | -249.31% | 191375.86% |
| Interest Coverage | -288.94x | -37.53x | -119.24x | -3.49x | -0.03x |
| FCF Conversion | 1.00x | 5.96x | -0.20x | 0.11x | -0.27x |
| Revenue Growth | - | 11.58% | -15.46% | 87.4% | -33.53% |
AISP Frequently Asked Questions
Airship AI Holdings, Inc. (AISP) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Airship AI Holdings, Inc. (AISP) reported $15.3M in revenue for fiscal year 2025. This represents a 18% increase from $13.0M in 2021.
Airship AI Holdings, Inc. (AISP) saw revenue decline by 33.5% over the past year.
Yes, Airship AI Holdings, Inc. (AISP) is profitable, generating $29.32B in net income for fiscal year 2025 (191375.9% net margin).
Dividend & Returns
Airship AI Holdings, Inc. (AISP) had negative free cash flow of $1.83B in fiscal year 2025, likely due to heavy capital investments.
Explore More AISP
Airship AI Holdings, Inc. (AISP) financial analysis — history, returns, DCA and operating performance tools
Total Return Calculator
Historical returns with dividends reinvested
DCA Calculator
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Dividend History
Yield, growth, payout safety & DRIP
Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
DCF intrinsic value, peer multiples & estimates