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Parrot (PARRO) investor relations material
Parrot Q3 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Consolidated Q3 revenue was €23.7m, up 40% YoY (38% at constant exchange rates); 9M revenue reached €81.0m, up 60% and above FY25 revenue of €79.8m.
Professional micro-UAVs drove growth, with revenue up 68% in Q3 and 110% in 9M; ordinary operating income broke even over the 12 months to end-September, despite a Q3 loss.
Financial highlights
Q3 revenue was €23.7m versus €17.0m in Q3 2025; 9M revenue was €81.0m versus €50.6m in 9M 2025.
9M professional micro-UAV revenue was €58.7m versus €27.9m; critical infrastructure solutions revenue was €22.1m versus €22.6m at current exchange rates.
Outlook and guidance
Q4 micro-UAV revenue is expected to exceed €20m; H2 micro-UAV revenue is forecast to grow 20%–30% despite a high comparison base.
FY26 micro-UAV revenue is expected near €80m, with growth above 65% vs. 2025; micro-UAV operations are expected to break even for the full year.
FY26 revenue from professional UAVs and critical infrastructure solutions is expected to exceed €100m, reaching approximately €110m, assuming stable critical infrastructure solutions revenue.
- Revenue up 71% YoY to €57.3M, net income €2.1M, micro-drones surged 134%, outlook strong.PARRO
H1 2026 - Q1 2026 revenues surged 52% year-over-year, driven by booming professional micro-UAV sales.PARRO
Q1 2026 TU - Record revenues and improved profitability in 2025 set the stage for strong 2026 growth.PARRO
H2 2025 - Record Q4 and FY 2025 revenues, with strong outlook and continued growth in core segments.PARRO
Q4 2025 TU - Revenues fell in Q3 2025, but major contracts and new products set up strong future growth.PARRO
Q3 2025 TU - Revenue up 10% to €33.6M, but net loss deepened to €14.7M amid major product launches.PARRO
H1 2025 - Net loss halved and margins improved as new microdrone launches advanced in H1 2024.PARRO
H1 2024 - Q3 2024 revenue surged 39% to €21.0M, driven by strong professional microdrone sales.PARRO
Q3 2024 - Q1 2025 revenue up 17% to €18.4m, driven by global demand for microdrones and photogrammetry.PARRO
Q1 2025
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