10-Q · May 15, 2026
Safe Pro Group Inc. reported a substantial increase in revenue for the three months ended March 31, 2026, achieving $1,220,129, a remarkable 560.2% increase compared to $184,802 in the same quarter the previous year.…
Earnings analysis · 10-Q
SPAI earnings analysis
Filed August 14, 2026 · Our reading of the company's report
The latest report
The extracted 10-Q does not include the income statement, balance sheet, cash flow statement or segment disclosures, so revenue, margins, EPS, cash flow and operating trends cannot be assessed from the filing text…
Read full summary
The extracted 10-Q does not include the income statement, balance sheet, cash flow statement or segment disclosures, so revenue, margins, EPS, cash flow and operating trends cannot be assessed from the filing text provided. The principal disclosed issue is that disclosure controls remained ineffective as of June 30, 2026 due to 2 unresolved material weaknesses. The company repurchased 474,630 shares for $2,315,682 during the first six months of 2026, while providing no quantitative financial guidance.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
What stood out
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Share repurchases continued
The company repurchased 474,630 shares during the six months ended June 30, 2026, for total consideration of $2,315,682, at an average price of $4.88 per share.
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Control remediation underway
Management is pursuing remediation of the two identified control deficiencies through accounting software upgrades, additional staffing, formalized policies and third-party assistance; remediation remained ongoing as of June 30, 2026.
What to watch
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Material weaknesses remain unresolved
Disclosure controls were deemed ineffective as of June 30, 2026 because of 2 material weaknesses: insufficient segregation of duties and incomplete formalized accounting policies, procedures and controls. Management states the weaknesses create a reasonable possibility that a material misstatement would not be prevented or detected on a timely basis.
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Repurchase authorization nearly exhausted
The repurchase program’s remaining authorization fell to $8,284 after $2,315,682 of repurchases during the six months ended June 30, 2026. This leaves limited capacity for additional buybacks and represents an ongoing capital-allocation consideration.
Management's outlook
No quantitative revenue or EPS guidance was provided in the extracted 10-Q. The filing states that there were no material changes to the risk factors from the December 31, 2025 Form 10-K, but does not provide an operating outlook.
Earlier filings 2
10-K · April 30, 2026
Safe Pro Group Inc. reported significant challenges in its fiscal year 2025 with continuing negative trends in margins and EPS. Revenue showed a modest recovery in Q4 2025, but net income remained negative, leading to a…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.