Swarmer, Inc.
Swarmer, Inc. is a defense technology software company that develops autonomous drone swarm software and artificial intelligence systems for coordinating unmanned vehicles. The company’s products include the STYX AI Command and Control System, MINAS Autonomy and Collaboration AI, and the TRIDENT Embedded Drone Operating System, which are designed to help military organizations manage large groups of drones and other unmanned platforms through a single software layer. Swarmer focuses on vendor-agnostic autonomy, enabling its software to work across multiple hardware types rather than depending on a single drone manufacturer. Its offerings support swarm coordination, multi-domain unmanned systems integration, collaborative autonomy, and command-and-control operations for distributed robotic missions. Headquartered in Austin, Texas, Swarmer operates in the software and defense technology markets, where its platform is used to improve coordination, flexibility, and operational control across unmanned systems.
$9.00
-$1.07 (-10.63%)
EOD Oct 16, 2026
The business is unprofitable at the operating level (-1650.78% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 5.9% YoY. Margins deteriorated 1274.7pp alongside, both lines moving the wrong way.
Negative free cash flow of -$5M. The business is consuming cash, not generating it. Operating margin contracted 1274.7pp YoY, cost discipline may be slipping.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (FY)
$310K
▼ -5.9% YoY
Net Income (FY)
-$9M
▼ -312.1% YoY
Op. Margin
-1650.78%
▼ -1274.7pp YoY
ROIC
-5499.84%
Cash Flow & Balance Sheet
FCF (FY)
-$5M
▼ -361.5% YoY
Op. Cash Flow (FY)
-$5M
▼ -341.9% YoY
Net Debt
-$9M
Net Cash Position
Cash & Equiv.
$9M
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Is Swarmer (SWMR) overvalued?
Swarmer (SWMR)'s valuation is best read against its own history, its peers, and the growth its price implies. A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Swarmer scores 10/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from company filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
Is Swarmer a high-quality business?+
Swarmer scores 10 out of 100 on Intrinsiqq's quality score, a weighted blend of 6 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. Recent fundamentals include a -1,650.8% operating margin and a -5,499.8% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from company filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Is Swarmer a good stock to buy right now?+
That depends on valuation and quality together, not either alone. you should weigh SWMR's valuation and scores 10/100 on quality (lower-quality). A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from company filings, not investment advice.
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Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.