Safe Pro Group Q1 Revenue Jumps 560% as AI Sales Soar 2,400%
Safe Pro Group reported Q1 2026 revenue of $1.22 million, a 560% increase year-over-year, with AI product revenues surging over 2,400% and consolidated gross margins exceeding 68%. The company expanded a $1 million government subcontract, repurchased 400,000 shares and closed the quarter with $14.8 million cash and minimal debt.
1. Record Financial Performance
Safe Pro Group achieved record Q1 revenue of $1.22 million, a 560% increase over Q1 2025, driven by AI product sales that surged over 2,400%. Consolidated gross margins exceeded 68%, reflecting a scalable business model, and the company repurchased 400,000 shares while ending the quarter with $14.8 million cash and minimal debt.
2. Government Subcontract Expansion
During Q1, Safe Pro delivered multiple NODE and NODE-X Edge processing systems under a $1 million government subcontract and scaled production rapidly. In April, the subcontract was expanded to include AI-powered Edge system support, following successful U.S. Army live fire exercises and demonstrations.
3. Leadership Expansion to Drive Growth
Safe Pro appointed Colonel Jarret Mathews (Ret.) as COO, Brian Mack as Chief Growth Officer and Benjamin Chitty as VP of Government Growth. This leadership expansion aims to accelerate U.S. Army engagement, product demonstrations and capture of additional government contracts through teaming agreements with prime contractors.
4. SPOTD AI Platform Capabilities
The SPOTD AI platform analyzes drone imagery and video to detect over 150 types of explosive threats, converting data into 2D/3D geospatial models for real-time decision-making. Deployed in Ukraine for nearly three years, SPOTD is backed by a dataset of 2.7 million images, 49,500 identified threats and coverage of 34,900 acres.