Unusual Machines swings to Q3 net loss of $25 million as revenue rises to $13.9 million
UMAC•Unusual Machines reported a third-quarter 2026 net loss of $25 million, primarily due to unrealized losses on short-term investments, while revenue rose year over year to $13.9 million. Revenue fell 17% from the second quarter, and gross margin declined 4 percentage points year over year to 35.4%.
1. Quarterly results
Unusual Machines swung to a third-quarter 2026 net loss of $25 million, primarily due to unrealized losses on short-term investments. Revenue rose year over year to $13.9 million but fell 17% from the second quarter; gross margin declined 4 percentage points year over year to 35.4%, partly due to ramping up drone component manufacturing.
2. Cash and demand
The company had $162 million in cash at September 30, 2026. A recent $16.9 million order from Powerus underscored demand as Unusual Machines continued expanding manufacturing capacity.
