I'm excited for our next guest. Our next guest really needs no introduction to this audience. Pure play US drone parts players navigated through world events, tariffs, competition like no other, but the big news today is a massive earnings crush that beat expectations like no other. Unusual Machines Incorporated reporting their Q2 2026 finance results and just reported record quarterly revenue of 16.7 million, surpassing expectations and marking a 687% year-over-year increase.
Alan Evans is their CEO. UMAC is the ticker symbol. Alan, we're going to let you take it from there and please include a massive victory lap and then one of those giant bottles of F1 champagne when you win the race and just start spraying it all over the place. Dude, congratulations. That's huge.
Yeah, thanks. It's team sport just like F1, but I get to I get the champagne apparently. So first I'd like to say thank everybody in the paddock. They came out and crushed it. We got new white hats, so it feels like a celebration.
You're so good at thanking your team, Alan. I just want to notice that. You're really good about that, but sorry, keep going.
Business is team sport, right? I'm sure you guys feel the same way about everybody who does production and stuff over there. It all works when it all comes together. I mean, we're putting up software numbers for a hardware company. Right? I was on the show maybe a year ago. You can go pull stuff, we're eight times bigger than a year ago.
Twice as big as last quarter. Building stuff, getting it out the door. That's shipped physical goods. Now, we did all that, reduced our burn. We only burned 400K over 1.5 million from last quarter. So, we're growing at this incredible rate that looks like a software company, but with entrenched physical product, reducing our burn rate, huge financial position and this is in a market that's still just getting started.
Okay, so when you here's the thing and you I would assume you're not one you've never counted your chicks before the eggs have hatched. You're always working hard. Whenever we talk with you, you're bright-eyed and bushy-tailed, but we know how hard and how long your days are. Has that always just been you with your business acumen? We are just going to keep hard charging and whatever they're saying about us, good or bad, screw it. We're going to do and do what we know best.
Yeah, I think my wife would say I'm stubborn. If she was looking for the words there, but I think it's also a little different. Like if the moment isn't there, then you should take a breather. You should refresh. We just our customers need more stuff.
And so if we let sort of not it that's what what gets in the way of success. Like when there's something so important to do like onshoring, you see this with our whole team. You know, where it matters people put in the 10-hour days. They'll be in on Saturday. They'll make the extra phone call. And it's I think in large part now because we're just doing it because that's who we are. I am a little bit wired that way, but we're also doing it because we're doing it for customers that matter, for people that matter and in a time where the purpose matters. And that just kind of gets you some extra juice.
Hey Alan, we were talking about you mentioned you being on a year ago and how much has changed since then. Is a lot of that due to the world of drones? That a business of drones seems to be growing exponentially. Also probably use cases and the need and the technology all of it's growing which then trickles down to the drone parts are needed and it just seems to be like we can't even say how fast it's going to grow because the industry is growing so huge and quickly. Is that right to say?
Yeah, I think so. And I think fast things start slow. When we were talking when we first started talking it's like here's the regulation environment. Here's what the Department of War is thinking, etc. Now you're seeing $500 million contracts to different companies for counter drone or for drones in this segment and gong lid. And so these ideas are now starting to see energy behind them, money behind them, regulation to sort of set up the market. And we're just at the very beginning of I'd say that growth phase. You know, we're not in the planning phase anymore. We're definitely in the start of the takeoff of the corner of what is the whole market.
Alan Evans is the CEO Unusual Machines, UMAC is their ticker symbol. I appreciate the fact that you are a humble Alan, but I'm sure there's people watching this and listening to this thinking, "This guy is a god." 687% year-over-year increases. You smashed it. You know, we talk about hitting it out of the park. Your park that you hit it out of is the next universe. Did you have an inkling? I mean, obviously you didn't wake up yesterday or the day before going, "Oh my god, look at that. 680% increase." Great. I mean, you had to have been giddy knowing that, "Hey, I think potentially this is going to be awesome."
