Swarmer Q2 FY26 net loss widens to $7.3 million; revenue rises 56.58% to $216,413
Reuters2026/08/13 20:09- Swarmer posted Q2 2026 revenue of USD 216,413, up 56.58% from a year earlier.
- Net loss widened to USD 7.3 million, with loss per share at USD 0.45.
- Operating expenses climbed to USD 7.5 million, including about USD 1.2 million of non-cash stock-based compensation.
- SkyKnight contracted license value increased to USD 3.9 million; maximum arrangement value could reach about USD 14.2 million.
- Cash and cash equivalents totaled USD 25.3 million at June 30, 2026, up from USD 9.3 million at Dec. 31, 2025.
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