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Side-by-side financial comparison of AIRO Group Holdings, Inc. (AIRO) and Mobile Infrastructure Corp (BEEP). Click either name above to swap in a different company.

Mobile Infrastructure Corp is the larger business by last-quarter revenue ($7.9M vs $6.3M, roughly 1.3× AIRO Group Holdings, Inc.).

Airo Aviation FZ-LLC was an Emirati aircraft manufacturer based in the Ras Al Khaimah Free Trade Zone. The company specialized in the manufacture of ultralight aircraft in the form of ready-to-fly aircraft for the European Fédération Aéronautique Internationale microlight category.

China Mobile is the trade name of both China Mobile Limited and its ultimate controlling shareholder, China Mobile Communications Group Co., Ltd., a Chinese state-owned telecommunications company. It provides mobile voice and multimedia services through its nationwide mobile telecommunications network across mainland China and Hong Kong. China Mobile is the largest wireless carrier in China, with 945.50 million subscribers as of June 2021. China Mobile was ranked #25 in Forbes' Global 2000 in...

AIRO vs BEEP — Head-to-Head

Bigger by revenue
BEEP
BEEP
1.3× larger
BEEP
$7.9M
$6.3M
AIRO

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
AIRO
AIRO
BEEP
BEEP
Revenue
$6.3M
$7.9M
Net Profit
$-8.0M
Gross Margin
44.4%
Operating Margin
-190.7%
Net Margin
-126.7%
Revenue YoY
-3.7%
Net Profit YoY
EPS (diluted)
$-0.28

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AIRO
AIRO
BEEP
BEEP
Q1 26
$7.9M
Q4 25
$8.8M
Q3 25
$6.3M
$9.1M
Q2 25
$24.6M
$9.0M
Q1 25
$8.2M
Q4 24
$9.2M
Q3 24
$9.8M
Q2 24
$9.3M
Net Profit
AIRO
AIRO
BEEP
BEEP
Q1 26
Q4 25
$-7.5M
Q3 25
$-8.0M
$-5.8M
Q2 25
$5.9M
$-4.3M
Q1 25
$-3.9M
Q4 24
$-999.0K
Q3 24
$-1.3M
Q2 24
$-1.4M
Gross Margin
AIRO
AIRO
BEEP
BEEP
Q1 26
Q4 25
Q3 25
44.4%
Q2 25
61.2%
Q1 25
Q4 24
Q3 24
Q2 24
Operating Margin
AIRO
AIRO
BEEP
BEEP
Q1 26
Q4 25
Q3 25
-190.7%
Q2 25
-80.2%
Q1 25
Q4 24
Q3 24
Q2 24
Net Margin
AIRO
AIRO
BEEP
BEEP
Q1 26
Q4 25
-85.6%
Q3 25
-126.7%
-63.9%
Q2 25
23.9%
-47.3%
Q1 25
-47.2%
Q4 24
-10.9%
Q3 24
-13.4%
Q2 24
-14.6%
EPS (diluted)
AIRO
AIRO
BEEP
BEEP
Q1 26
Q4 25
Q3 25
$-0.28
Q2 25
$0.30
Q1 25
Q4 24
Q3 24
Q2 24

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AIRO
AIRO
BEEP
BEEP
Cash + ST InvestmentsLiquidity on hand
$8.5M
Total DebtLower is stronger
$5.1M
Stockholders' EquityBook value
$739.5M
$150.1M
Total Assets
$774.6M
$362.8M
Debt / EquityLower = less leverage
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AIRO
AIRO
BEEP
BEEP
Q1 26
$8.5M
Q4 25
$8.3M
Q3 25
$6.1M
Q2 25
$10.6M
Q1 25
$11.6M
Q4 24
$10.7M
Q3 24
$8.7M
Q2 24
$8.7M
Total Debt
AIRO
AIRO
BEEP
BEEP
Q1 26
Q4 25
$198.3M
Q3 25
$5.1M
$183.3M
Q2 25
$8.9M
$186.7M
Q1 25
$187.5M
Q4 24
$188.2M
Q3 24
$132.8M
Q2 24
$133.6M
Stockholders' Equity
AIRO
AIRO
BEEP
BEEP
Q1 26
$150.1M
Q4 25
$141.3M
Q3 25
$739.5M
$151.7M
Q2 25
$679.6M
$160.6M
Q1 25
$164.5M
Q4 24
$170.0M
Q3 24
$134.8M
Q2 24
$107.4M
Total Assets
AIRO
AIRO
BEEP
BEEP
Q1 26
$362.8M
Q4 25
$382.5M
Q3 25
$774.6M
$397.8M
Q2 25
$747.8M
$405.6M
Q1 25
$409.5M
Q4 24
$415.1M
Q3 24
$418.2M
Q2 24
$417.1M
Debt / Equity
AIRO
AIRO
BEEP
BEEP
Q1 26
Q4 25
1.40×
Q3 25
0.01×
1.21×
Q2 25
0.01×
1.16×
Q1 25
1.14×
Q4 24
1.11×
Q3 24
0.99×
Q2 24
1.24×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AIRO
AIRO
BEEP
BEEP
Operating Cash FlowLast quarter
$-5.8M
Free Cash FlowOCF − Capex
$-6.7M
FCF MarginFCF / Revenue
-106.7%
Capex IntensityCapex / Revenue
15.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AIRO
AIRO
BEEP
BEEP
Q1 26
Q4 25
$848.0K
Q3 25
$-5.8M
$1.2M
Q2 25
$-30.8M
$1.8M
Q1 25
$-1.5M
Q4 24
$-784.0K
Q3 24
$0
Q2 24
$346.0K
Free Cash Flow
AIRO
AIRO
BEEP
BEEP
Q1 26
Q4 25
Q3 25
$-6.7M
Q2 25
$-31.8M
Q1 25
Q4 24
Q3 24
Q2 24
FCF Margin
AIRO
AIRO
BEEP
BEEP
Q1 26
Q4 25
Q3 25
-106.7%
Q2 25
-129.6%
Q1 25
Q4 24
Q3 24
Q2 24
Capex Intensity
AIRO
AIRO
BEEP
BEEP
Q1 26
Q4 25
Q3 25
15.0%
Q2 25
4.3%
Q1 25
Q4 24
Q3 24
Q2 24
Cash Conversion
AIRO
AIRO
BEEP
BEEP
Q1 26
Q4 25
Q3 25
Q2 25
-5.24×
Q1 25
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AIRO
AIRO

Transferred At Point In Time$4.5M71%
Transferred Over Time$1.8M29%

BEEP
BEEP

Managed property revenue$6.6M83%
Base rental income$1.1M14%
Percentage rental income$219.0K3%

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