SH
Shield AI
ConvictionModerate
autonomous aircraft + AI mission-autonomy software (Hivemind) · dual hardware (V-BAT, X-BAT) + software-licensing model
Revenue
~$300MFYE Mar 2025); projecting $540M+ in 2026Rev growth
~80% projected for 2026CEO targets 70-100%/yr to $1B by 2028Gross margin
not discloseddefense-software/hardware blend; primes run ~20-30% gross — not company-confirmedOp margin
Not disclosedCapex intensity
Not disclosedValuation
~$12.7BSeries G, Mar 26 2026; up ~140% from $5.3-5.6B a year earlierValuation trail
$12.7B5.5× since Jun 2022
5 marks · Jun 2022–Mar 2026
private — no public price
Priced round
Priced primary rounds only; Series C (2020/21, $90M) and Series D (Aug 2021, $210M, ">$1B" but no clean post-money disclosed) omitted per honesty gate. All USD.
The read
Where our coverage leans
Coverage leans bullish
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Full financial intelligence for Shield AI
Earnings, margins & COGS, the income-statement breakdown, SWOT, moats & dependencies, the supplier–customer ecosystem graph, top signals & trends, and the valuation range.
- Income statement & margin structure
- SWOT, moats & dependency map
- Supplier–customer ecosystem graph
- Signals, trends & valuation range
Not investment advice — analyst work product for a qualified professional.· intel vintage Q2 2026 (Jun 2026)· sign in (free) for the analyst summary; Pro unlocks full intelligence