Parrot: First Half 2026 Financial Results

The Parrot Group, specializing in professional micro-drones, reported revenue of €57.3 million for the first half of 2026, a 71% increase compared to the previous year. This strong growth is primarily due to a 134% increase in the professional micro-drone business, which reached €42.1 million. This performance enabled the group to achieve an operating profit of €2.6 million, compared to a loss of €12.9 million in the same period of 2025.

Parrot's financial results benefited in particular from a €2.5 million non-recurring insurance product. The gross margin decreased slightly, from 74.8% to 71.2%, primarily due to the evolving product mix with the ANAFI UKR. Parrot's strategy remains focused on innovation, supporting the diversification and expansion of the ANAFI UKR range.

Cash consumed by operating activities was reduced to €2.2 million, compared to €13.7 million a year earlier. Parrot anticipates further double-digit growth for the third quarter, supported by several ongoing tenders.