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Swarmer Valuation Multiples
Discover revenue and EBITDA valuation multiples for Swarmer and similar public comparables like Kopin, Minieye Technology, ECARX Group, Calian Group and more.
Swarmer Overview
About Swarmer
Swarmer Inc is a provider of autonomous drone swarm software and AI solutions, specializing in vendor-agnostic technologies. It develops software platforms and artificial intelligence systems for defence applications, enabling military organisations to deploy and coordinate large-scale unmanned and autonomous systems. Its offerings include swarm coordination software, multi-domain unmanned systems integration, collaborative autonomy solutions, and command-and-control software for distributed robotic operations. Its key software and AI systems include: i) STYX AI Command & Control System, ii) MINAS Autonomy and Collaboration AI and iii) TRIDENT Embedded Drone Operating System. The company generates revenue through software license sales.
Founded
2023
HQ

Employees
87
Website
Financials (FY)
EV
$493M
Swarmer Financials
Swarmer reported last fiscal year revenue of $310K and negative EBITDA of ($5M).
In the same fiscal year, Swarmer generated $128K in gross profit, ($5M) in EBITDA losses, and had net loss of ($9M).
Swarmer P&L
In the most recent fiscal year, Swarmer reported revenue of $310K and EBITDA of ($5M).
Swarmer expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | — | XXX | $310K | XXX | XXX | XXX |
| Gross Profit | — | XXX | $128K | XXX | XXX | XXX |
| Gross Margin | — | XXX | 41% | XXX | XXX | XXX |
| EBITDA | — | XXX | ($5M) | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | (1638%) | XXX | XXX | XXX |
| EBIT Margin | — | XXX | (1651%) | XXX | XXX | XXX |
| Net Profit | — | XXX | ($9M) | XXX | XXX | XXX |
| Net Margin | — | XXX | (2752%) | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Swarmer Stock Performance
Swarmer has current market cap of $502M, and enterprise value of $493M.
Swarmer's stock price is $40.66.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $493M | $502M | — | XXX | XXX | XXX | $-0.69 |
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Start Free TrialSwarmer Valuation Multiples
Swarmer trades at 1590.4x EV/Revenue multiple, and (97.1x) EV/EBITDA.
Swarmer Financial Valuation Multiples
As of April 14, 2026, Swarmer has market cap of $502M and EV of $493M.
Equity research analysts estimate Swarmer's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Swarmer has a P/E ratio of (58.9x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $502M | XXX | $502M | XXX | XXX | XXX |
| EV (current) | $493M | XXX | $493M | XXX | XXX | XXX |
| EV/Revenue | — | XXX | 1590.4x | XXX | XXX | XXX |
| EV/EBITDA | — | XXX | (97.1x) | XXX | XXX | XXX |
| EV/EBIT | — | XXX | (96.3x) | XXX | XXX | XXX |
| EV/Gross Profit | — | XXX | 3858.1x | XXX | XXX | XXX |
| P/E | — | XXX | (58.9x) | XXX | XXX | XXX |
| EV/FCF | — | XXX | (101.2x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Swarmer Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Swarmer Margins & Growth Rates
Swarmer's revenue in the last fiscal year declined by (6%).
Swarmer's revenue per employee in the last FY averaged $0.0M, while opex per employee averaged $0.1M for the same period.
Swarmer Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | — | XXX | (6%) | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | (1638%) | XXX | XXX | XXX |
| EBITDA Growth | — | XXX | 311% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.0M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| R&D Expenses to Revenue | — | XXX | 832% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 1692% | XXX | XXX | XXX |
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Swarmer Public Comps
See public comps and valuation multiples for other Autonomous Tech and Autonomous AI & Robotics comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Swarmer | XXX | XXX | XXX | XXX | XXX | XXX |
| Kopin | XXX | XXX | XXX | XXX | XXX | XXX |
| Minieye Technology | XXX | XXX | XXX | XXX | XXX | XXX |
| ECARX Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Calian Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Paras Defence And Space | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Swarmer M&A Activity
Swarmer acquired XXX companies to date.
Last acquisition by Swarmer was on XXXXXXXX, XXXXX. Swarmer acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Swarmer
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialSwarmer Investment Activity
Swarmer invested in XXX companies to date.
Swarmer made its latest investment on XXXXXXXX, XXXXX. Swarmer invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Swarmer
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Swarmer
| When was Swarmer founded? | Swarmer was founded in 2023. |
| Where is Swarmer headquartered? | Swarmer is headquartered in United States. |
| How many employees does Swarmer have? | As of today, Swarmer has over 87 employees. |
| Is Swarmer publicly listed? | Yes, Swarmer is a public company listed on Nasdaq. |
| What is the stock symbol of Swarmer? | Swarmer trades under SWMR ticker. |
| When did Swarmer go public? | Swarmer went public in 2050. |
| Who are competitors of Swarmer? | Swarmer main competitors are Kopin, Minieye Technology, ECARX Group, Calian Group. |
| What is the current market cap of Swarmer? | Swarmer's current market cap is $502M. |
| What is the current revenue of Swarmer? | Swarmer's last fiscal year revenue is $310K. |
| What is the current EV/Revenue multiple of Swarmer? | Current revenue multiple of Swarmer is 1590.4x. |
| Is Swarmer profitable? | No, Swarmer is not profitable. |
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