--- title: "Mach Industries revenue and valuation" description: "Mach Industries' revenue is estimated at $300M–$990M, last reported at $480M. Valued at $3.7B after raising $1.13B. Funding rounds and competitors." url: https://www.tryspecter.com/revenue-valuation/mach-industries.md canonical_url: https://www.tryspecter.com/revenue-valuation/mach-industries publisher: Specter last_updated: 2026-11-01 --- # Mach Industries revenue and valuation Specter estimates Mach Industries' annual revenue at $300M to $990M and its valuation at $3.14B to $4.57B. The company last reported $480M revenue in June 2026 and was priced at $3.7B in September 2026. Mach Industries manufactures unmanned aerospace and defense systems and factory infrastructure. - Estimated revenue: $300M to $990M (October 2026) - Estimated valuation: $3.14B to $4.57B (October 2026) - Last reported revenue: $480M (June 2026) - Total funding: $1.13B - Founded: 2020 - Headquarters: Huntington Beach, United States - Employees: 386 - Sector: Defense - Specter Rank: #65,369 ## Mach Industries revenue Mach Industries last reported $480M revenue in June 2026. Specter's model puts current revenue between $300M and $990M. | Reported figure | Date | Source | | --- | --- | --- | | $480M revenue | June 2026 | [Mach is really flying.](https://x.com/ArfurRock/status/2061567436634063198) (x.com) | | Month | Specter estimate | Low | High | | --- | --- | --- | --- | | October 2026 | $540M | $300M | $990M | | September 2026 | $510M | $320M | $820M | | August 2026 | $510M | $350M | $750M | | July 2026 | $500M | $380M | $650M | | June 2026 | $480M | $400M | $580M | | May 2026 | $43M | $8.8M | $77M | | April 2026 | $40M | $8.5M | $72M | | March 2026 | $36M | $5.5M | $67M | | February 2026 | $35M | $6.7M | $63M | | January 2026 | $29M | $4.1M | $54M | | December 2025 | $30M | $4.8M | $54M | | November 2025 | $28M | $8.6M | $47M | | October 2025 | $34M | $9.4M | $58M | | September 2025 | $29M | $4.6M | $53M | | August 2025 | $28M | $8.2M | $47M | | July 2025 | $28M | $7M | $49M | | June 2025 | $26M | $5.5M | $46M | | May 2025 | $26M | $7.2M | $44M | | April 2025 | $24M | $4.3M | $45M | | March 2025 | $23M | $5.2M | $41M | | February 2025 | $22M | $5.2M | $40M | | January 2025 | $21M | $4.5M | $37M | | December 2024 | $19M | $3.5M | $34M | | November 2024 | $17M | $2.6M | $31M | | October 2024 | $16M | $2.7M | $29M | | September 2024 | $15M | $2.7M | $27M | | August 2024 | $14M | $2.1M | $27M | | July 2024 | $12M | $2.3M | $21M | | June 2024 | $12M | $2.2M | $22M | ## Mach Industries valuation Mach Industries' valuation rose from $335M at its Series A in October 2023 to $3.7B at its Series C in September 2026. Specter's live estimate sits between $3.14B and $4.57B. | Month | Specter estimate | Low | High | | --- | --- | --- | --- | | October 2026 | $3.79B | $3.14B | $4.57B | | September 2026 | $3.7B | $3.08B | $4.45B | | August 2026 | $2.58B | $2.13B | $3.12B | | July 2026 | $1.8B | $1.5B | $2.16B | | June 2026 | $1.8B | $1.5B | $2.16B | | May 2026 | $1.61B | $1.21B | $2.15B | | April 2026 | $1.44B | $1.09B | $1.9B | | March 2026 | $1.29B | $970M | $1.72B | | February 2026 | $1.15B | $850M | $1.56B | | January 2026 | $1.03B | $740M | $1.43B | | December 2025 | $920M | $680M | $1.24B | | November 2025 | $820M | $630M | $1.07B | | October 2025 | $740M | $590M | $920M | | September 2025 | $660M | $520M | $840M | | August 2025 | $590M | $470M | $730M | | July 2025 | $530M | $430M | $640M | | June 2025 | $470M | $390M | $570M | | May 2025 | $470M | $390M | $570M | | April 2025 | $460M | $260M | $820M | | March 2025 | $450M | $270M | $770M | | February 2025 | $450M | $250M | $810M | | January 2025 | $440M | $240M | $810M | | December 2024 | $430M | $250M | $740M | | November 2024 | $420M | $240M | $730M | | October 2024 | $410M | $240M | $730M | | September 2024 | $410M | $230M | $710M | | August 2024 | $400M | $240M | $680M | | July 2024 | $390M | $280M | $550M | | June 2024 | $390M | $300M | $500M | | Reported valuation | Month | Source | | --- | --- | --- | | $3.7B | September 2026 | Funding round | | $1.8B | July 2026 | [startitup.sk](https://www.startitup.sk/ma-22-rokov-a-vedie-zbrojarsku-firmu-s-hodnotou-165-miliardy-eur-vojnu-prirovnava-k-segmentu-spotrebnej-elektroniky/) | | $1.8B | June 2026 | Funding round | | $470M | June 2025 | Funding round | | $470M | May 2025 | [techcrunch.com](https://techcrunch.com/2025/05/01/rising-star-defense-tech-startup-mach-industries-is-raising-100-million-sources-say/) | | $335M | October 2023 | Funding round | ## Mach Industries funding rounds | Date | Round | Raised | Post-money | Lead investors | | --- | --- | --- | --- | --- | | 10 Sep 2026 | Series C | $600M | $3.7B | Undisclosed | | 1 Jun 2026 | Series C | $300M | $1.8B | Infinite Capital, Ribbit Capital | | 17 Jun 2025 | Series B | $100M | $470M | Bedrock, Khosla Ventures | | 4 Oct 2023 | Series A | $79M | $335M | Bedrock | | 15 Jun 2023 | Seed | $5.7M | Undisclosed | Sequoia Capital | | 18 Oct 2021 | Debt financing | $42.7M | Undisclosed | Undisclosed | ## Mach Industries vs competitors Autonomous defense aerospace splits between massive incumbents and high-velocity manufacturers. | Company | Estimated revenue | Estimated valuation | | --- | --- | --- | | Mach Industries | $300M–$990M | $3.14B–$4.57B | | Anduril Industries (anduril.com) | $1.36B–$6.88B | $74.9B–$108B | | Kratos Defense and Security Solutions (kratosdefense.com) | $1.63B–$2.6B | $3.08B–$9.87B | | Destinus (destinus.com) | $46M–$330M | $570M–$1.63B | | AV (avinc.com) | $1.58B–$2.29B | $2.68B–$9.84B | ## Questions ### What is Mach Industries' revenue? Specter estimates Mach Industries' annual revenue at $300M to $990M as of October 2026. Mach Industries last reported $480M revenue in June 2026. ### What is Mach Industries' valuation? Mach Industries' latest post-money valuation is $3.7B, from a September 2026 Series C. Specter's live estimate is $3.14B to $4.57B. ### What is Mach Industries' revenue multiple? Mach Industries is valued at about 7.7× revenue, based on its $3.7B September 2026 valuation and $480M last reported revenue. That works out to roughly $1.24M of revenue per employee. ### How much funding has Mach Industries raised? $1.13B across six rounds, from a $42.7M debt financing in October 2021 to a $600M Series C in September 2026. ### Who invested in Mach Industries? 9 investors, including Bedrock, Infinite Capital, Khosla Ventures, Ribbit Capital and Sequoia Capital. ### Who are Mach Industries' competitors? Anduril Industries, Kratos Defense and Security Solutions, Destinus and AV. Specter ranks 30 competitors for Mach Industries. ## About this data Specter models revenue and valuation monthly and anchors each estimate to reported figures and priced rounds. Method: https://www.tryspecter.com/revenue-valuation Cite as: Specter. "Mach Industries revenue and valuation." tryspecter.com/revenue-valuation/mach-industries. Updated November 2026.