AgEagle Aerial Systems Inc. (dba, EagleNXT) announced its financial results for the third quarter ended September 30, 2025.
The company reported a $1.4 million increase in drone revenue driven by demand in defense, public-safety, and environmental applications.
Operating expenses rose by 12.0% year-over-year, mainly due to investments in R&D and sales initiatives.
Drone Revenue Increase
Drone revenue for the nine months ended September 30, 2025, rose by $1.38 million to $6.03 million compared to the same period in 2024.
Operating Expenses
Operating expenses were $3.91 million, up 12.0% year-over-year, driven by increased investments in R&D and sales initiatives.
Cash Position
Cash at September 30, 2025, was $16.63 million, reflecting a 360% increase from December 31, 2024, primarily due to net proceeds from preferred stock issuances and warrant exercises.
- EagleNXT made progress in key commercial initiatives and highlighted how recent financing enhances its ability to pursue growth opportunities in defense, public safety, and environmental markets.
- The CEO emphasized the importance of aligning cost structure, commercial priorities, and operational resources to support a robust growth strategy and drive long-term value creation.
With a focus on expansion in key markets and advancing new sensor technologies, EagleNXT is well-positioned to capitalize on the growing defense and public-safety drone market opportunities.