This paper investigates a distributed adaptive formation control problem for underactuated quadrotors with guaranteed performances. To ensure a robust and stable formation pattern with predefined behavior bounds, by transforming the original constrained formation synchronization error dynamics into an equivalent unconstrained one, a prescribed performance mechanism is introduced in the translational loop to render the formation regulation as a prior. Based on the graph theory and Lyapunov stability analysis, a state estimator-based minimal learning parameter (SE-MLP) neuroadaptive consensus strategy is developed for follower quadrotors to achieve a distributed cooperative formation with prescribed tracking abilities via exchanging local information with neighbors. The presented control scheme has the following salient merits: 1) the formation synchronization errors can be guaranteed within pre-assigned bounds with desired transient behaviors despite of uncertain disturbances; 2) by using a state estimation error to update neural network (NN) parameters, rather than the tracking error that widely applied in traditional NN approximators, and with the help of MLP technique, the proposed SE-MLP observer capable of decreasing the computational complexity can achieve a fast identification of lumped disturbances without causing high-frequency oscillations even using a large adaptive gain, and the transient solutions of L 2 norm of the differential of neural weights are established to illustrate the mechanism of SE-MLP observer in reducing chattering behaviors. Simulation results are given to validate the efficiency of developed technique.