Airship AI Holdings, Inc. (AISP) AI Stock Analysis

Airship AI Holdings, Inc. operates as a provider of AI-driven video, sensor, and data management surveillance platforms in the United States. Its core products include Airship Acropolis OS, which supports IP and analog video surveillance, and Airship Command, a visualization tool suite for monitoring edge-collected data and evidence. The company also offers Airship Outpost for high-definition recording with customizable low-bit rate video stream encoding. These platforms serve government agencies, public sector organizations, law enforcement, military units, and commercial enterprises. Headquartered in Redmond, Washington, the firm focuses on artificial intelligence solutions for surveillance.

Revenue increased at a 4-year CAGR of 4.1% from FY2021 to FY2025. Annual revenue fluctuated from $13.0M in FY2021 to $23.1M in FY2024 before dropping 33.5% to $15.3M in FY2025. Gross margin stood at 50.2% in FY2025, while operating margin remained negative at -47.1%. Net income shifted from -$57.5M in FY2024 to $29.3M in FY2025, resulting in a net margin of 191.4% and an EPS of -$0.22. In the latest quarter ended June 30, 2026, quarterly revenue grew 92.1% year-over-year, while quarterly earnings growth fell 11.0%. TTM revenue reached $18.1M with an operating margin of -36.1% and TTM EPS of $0.67.

As of June 30, 2026, Airship AI Holdings reported cash and short-term investments of $12.37B and total debt of $650.7M, yielding net cash of $11.71B. Total assets were $17.74B, while shareholders' equity stood at -$8.62B. The company maintained a current ratio of 3.18. Operating cash flow was -$8.0M in FY2025, matching a free cash flow of -$8.0M. The company's share count changed by -17.0% over the past 5 years.

At a last close of $2.05 and a market cap of $70.6M, Airship AI Holdings trades at a trailing P/E of 3.1x, below the 28.1x median of its US-listed Technology peers. Its forward P/E of 48.1x trades at a premium to the peer median of 18.8x. The company's price-to-sales ratio is 3.9x compared to the peer median of 2.8x, while its EV/EBITDA is 7.9x versus the peer median of 16.6x. Over the past year, the stock declined 61.0%, lagging the S&P 500 return of 16.8%. Over five years, the stock dropped 78.9% compared to an 83.0% gain for the benchmark.

Wall Street coverage comprises 1 Strong Buy, 0 Buy, 0 Hold, 0 Sell, and 0 Strong Sell ratings. The mean price target is $6.50, representing an upside of 217.1% over the last close of $2.05. For the fiscal year ending December 31, 2026, the estimated EPS is -$0.06 on revenue of $27.4M. For next fiscal year, 1 analyst estimates EPS of $0.04 and revenue of $40.5M, projecting revenue growth of 47.8%. The company recorded 0 EPS beats over the last 4 quarters, with its next earnings date scheduled for November 13, 2026.

This page is an AI-written research summary of Airship AI Holdings, Inc. (AISP). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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