Airship AI Holdings, Inc. provides artificial intelligence (AI)-driven data management platforms in the United States. The company offers Outpost AI, which structures and analyzes data at the source using Airship AI trained models; Acropolis, an enterprise management software; and Airship Command, a suite of visualization tools that allow customers to interact with their data and devices. Its Acropolis products include Acropolis Commercial for various small and medium businesses, including schools, hospitals, casinos, logistics, and retail establishments; and Acropolis Law for the law enforcement, defense, and intelligence sectors. The company also provides professional services, such as custom model training, custom integrations, and workflow enhancement services, as well as technical support and software maintenance services. In addition, the company provides solutions for ingesting and analyzing metadata from edge-based sensors, including video, audio, telemetry, acoustic, seismic, and autonomous devices. It serves the government, small enterprises, law enforcement, military, and commercial enterprise organizations. Airship AI Holdings, Inc. was founded in 2006 and is headquartered in Redmond, Washington.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $15M | $-7M | $29M | $-8M | -410.1% | -33.5% | -151.0% |
| 2024 | $23M | $-56M | $-57M | $-7M | 108.4% | 87.4% | -451.0% |
| 2023 | $12M | $17M | $16M | $-3M | -93.6% | -15.5% | -3458.2% |
| 2022 | $15M | $0M | $-0M | $-3M | 5.8% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 14.55 | 12.30 | 23.05 | 15.32 |
| Operating Revenue | - | 14.38 | 12.13 | 23.05 | 15.24 |
| Cost Of Revenue | - | 6.13 | 6.54 | 12.52 | 7.62 |
| Gross Profit | - | 8.42 | 5.76 | 10.53 | 7.70 |
| Operating Expense | - | 11.24 | 12.40 | 14.03 | 14.91 |
| Research And Development | - | 3.61 | 2.73 | 2.80 | 3.08 |
| Selling General And Administration | - | 7.63 | 9.68 | 11.23 | 11.84 |
| Total Expenses | - | 17.37 | 18.94 | 26.56 | 22.54 |
| Operating Income | - | -2.82 | -6.64 | -3.51 | -7.22 |
| Total Operating Income As Reported | - | -2.82 | -6.64 | -3.51 | -7.22 |
| EBITDA | - | 0.13 | 17.04 | -56.24 | -6.84 |
| Normalized EBITDA | - | -2.25 | -6.04 | -4.41 | -43.09 |
| EBIT | - | -0.40 | 16.43 | -56.46 | -7.22 |
| Interest Income | 0.02 | 0.04 | 0 | - | 0.28 |
| Interest Expense | 0.02 | 0.08 | 0.06 | 1 | - |
| Net Interest Income | - | -0.03 | -0.06 | -1 | 0.28 |
| Other Non Operating Income Expenses | - | 1.23 | -0.01 | -1.13 | - |
| Other Income Expense | - | 2.38 | 23.07 | -52.96 | 36.25 |
| Interest Income Non Operating | 0.02 | 0.04 | 0 | - | 0.28 |
| Interest Expense Non Operating | 0.02 | 0.08 | 0.06 | 1 | - |
| Net Non Operating Interest Income Expense | - | -0.03 | -0.06 | -1 | 0.28 |
| Pretax Income | - | -0.48 | 16.37 | -57.46 | 29.32 |
| Tax Provision | - | 0.01 | 0 | 0 | 0 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0.50 | 0 | 0 | 0 |
| Net Income Continuous Operations | - | -0.49 | 16.37 | -57.46 | 29.32 |
| Net Income From Continuing And Discontinued Operation | - | -0.49 | 16.37 | -57.46 | 29.32 |
| Net Income From Continuing Operation Net Minority Interest | - | -0.49 | 16.37 | -57.46 | 29.32 |
| Net Income | - | -0.49 | 16.37 | -57.46 | 29.32 |
| Net Income Common Stockholders | - | -0.49 | 16.37 | -57.46 | 29.32 |
| Net Income Including Noncontrolling Interests | - | -0.49 | 16.37 | -57.46 | 29.32 |
| Normalized Income | - | -2.37 | -6.71 | -5.64 | -6.93 |
| Diluted NI Availto Com Stockholders | - | -0.49 | 16.37 | -57.46 | 29.32 |
| Basic Average Shares | - | 22.81 | 13.67 | 24.59 | 32.41 |
| Diluted Average Shares | - | 22.81 | 20.39 | 24.59 | 38.68 |
| Reconciled Depreciation | - | 0.53 | 0.61 | 0.22 | 0.38 |
| Reconciled Cost Of Revenue | - | 6.13 | 6.54 | 12.52 | 7.62 |
| Total Unusual Items | - | 2.38 | 23.08 | -51.83 | 36.25 |
| Total Unusual Items Excluding Goodwill | - | 2.38 | 23.08 | -51.83 | 36.25 |
| Special Income Charges | - | 2.38 | 21.74 | -18.31 | 15.40 |
| Other Special Charges | -1 | -2.38 | 0.24 | 0.14 | - |
| Restructuring And Mergern Acquisition | - | 0 | -21.98 | 18.17 | -15.40 |
| Gain On Sale Of Security | - | - | 1.34 | -33.51 | 20.85 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Airship AI Holdings, Inc.this co. | AISP | $108M | 3.69 | -15.13 | -410.1% | -14.22 |
| Nerdy Inc. | NRDY | $158M | -3.97 | 8.33 | -210.0% | -2.40 |
| Tucows Inc. | TCX | $153M | -2.01 | -0.93 | 46.2% | 18.01 |
| MicroVision, Inc. | MVIS | $143M | -1.50 | 2.57 | -171.0% | -2.08 |
| TTEC Holdings, Inc. | TTEC | $112M | - |
| - |
| - |
| - |
| - |
| - |
| - |
| 1.17 |
| -202.5% |
| - |
| Expensify, Inc. | EXFY | $111M | -5.19 | 0.84 | -16.1% | -5.60 |
| SoundThinking, Inc. | SSTI | $99M | -10.51 | 1.37 | -13.1% | 159.23 |
| CSP Inc. | CSPI | $94M | -1029.32 | 2.10 | -0.2% | -114.33 |
| AudioEye, Inc. | AEYE | $90M | -29.36 | 18.80 | -64.1% | 177.33 |
| Peer Median | - | -5.19 | 1.74 | -40.1% | -2.08 | |