Earnings Releases·Nov 12, 2026, 4:06 PM ET

Knightscope — Third Quarter 2026 Earnings Summary

Revenue surged 177% year-over-year to $8.7 million, driven by a 349% increase in service revenue to $8.6 million, while product revenue fell to $0.1 million.
Gross margin turned positive at $0.4 million (5% of revenue), a $2.0 million improvement year-over-year, though the net loss widened to $11.8 million ($0.50 per share) from $9.5 million in the prior period.
Management secured a record $27 million in renewals, bookings, and client awards since May 2026 and initiated K7 manufacturing at headquarters to accelerate Q4 2026 deployments.
The company redefined its go-to-market strategy around the "Autonomous Security Force" managed service, unveiled at GSX 2026, while maintaining a cash position of $6.8 million.
Future outlook emphasizes converting secured bookings into revenue and improving margins, though risks regarding capital raising, client concentration, and technology integration remain.