Knightscope Earnings Call Transcripts
Fiscal Year 2026
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Q1 2026 saw revenue more than double year-over-year to $6 million, driven by the Event Risk acquisition and strong growth in both service and product segments. Gross margin turned positive, but net loss widened due to higher operating expenses and integration costs.
Fiscal Year 2025
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2025 saw modest revenue growth and a widened net loss amid supply chain challenges and heavy R&D investment. The Event Risk acquisition positions the company for accelerated growth and market share, with new technology launches and integration milestones expected in 2026.
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Revenue rose 23.5% year-over-year to $3.1M, led by strong product sales, but margins were impacted by inventory write-offs and higher costs. The company increased R&D investment, improved its cash position, and is preparing for K-7 robot production in 2026, focusing on scaling and innovation.
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The meeting confirmed a quorum, approved all board nominees, ratified the auditor, and passed an amendment to increase shares under the equity plan. Shareholders could submit questions, with responses to follow after the meeting.
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Q1 2025 saw 29% revenue growth, improved gross loss, and reduced operating expenses, with a stronger cash position and ongoing operational efficiencies. Management remains focused on scaling, margin improvement, and long-term growth despite macro uncertainties.
Fiscal Year 2024
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Q2 2024 saw a 10% revenue decline year-over-year, with services up but product sales down, leading to a $6.3 million net loss. Major cost reductions, cap table cleanup, and removal of toxic financing were completed, positioning the company for improved margins and long-term growth.