UMACUnusual Machines, Inc.

$17.03+46% 1Y

Is the business good?

How good a business is UMAC?

Unusual Machines, Inc. earns −21% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.

−21%

Return on invested capital · cost of capital 9.0% · 30 points below what the capital costs: growth destroys value

Operating margin
−94%

Operating margin · Computer Hardware median 2.9% · 12 months to Q2 2026

Share count, year on year
+123%

Share count, year on year · shareholders own a smaller slice than a year ago

R&D as % of revenue
2.1%

R&D as % of revenue

Details›
Gross margin12 months to Q2 2026
35%
Operating margin12 months to Q2 2026
−94%
Net margin12 months to Q2 2026
−20%
Free cash flow margin
−185%
R&D as % of revenue
2.1%
Revenue, trailing twelve months
$32M
Free cash flow, trailing twelve months
−$59M
Net income, trailing twelve months
−$6.5M
Return on invested capitaloperating profit after tax ÷ debt + equity − cash
−21%

Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.

Customers and suppliers

Who buys from UMAC and who it buys from, as the companies report it.

17%of revenue comes from customer A, the largest of 2 disclosed customers
Customerswho buys
Supplierswho it buys from

None disclosed.

A company has to disclose every customer behind 10% or more of its revenue. Each share comes from the latest annual report of the company that states it and shows on both companies’ pages; UMAC’s own figures are from its FY2025 10-K. Smaller customers and suppliers go unreported.