Revenue: As of FY2025 Q3, the actual value is USD 770 K.EPS: As of FY2025 Q3, the actual value is USD -3.89.EBIT: As of FY2025 Q3, the actual value is USD -26.01 M.<h3>Segment Revenue</h3><ul><li>Total Revenue: $770 thousand for the three months ended September 30, 2025, compared to $400 thousand for the same period in 2024, representing a 93% increase.</li><li>Total Revenue: $2,744 thousand for the nine months ended September 30, 2025, compared to $1,227 thousand for the same period in 2024, representing a 124% increase.</li></ul><h3>Operational Metrics</h3><ul><li>Research and Development Expenses: $13,452 thousand for the three months ended September 30, 2025, compared to $10,431 thousand for the same period in 2024, representing a 29% increase.</li><li>General and Administrative Expenses: $9,177 thousand for the three months ended September 30, 2025, compared to $5,149 thousand for the same period in 2024, representing a 78% increase.</li><li>Truck and Freight Operations Expenses: $6,627 thousand for the three months ended September 30, 2025, compared to $2,094 thousand for the same period in 2024, representing a 216% increase.</li><li>Sales and Marketing Expenses: $1,483 thousand for the three months ended September 30, 2025, compared to $934 thousand for the same period in 2024, representing a 59% increase.</li><li>Total Operating Expenses: $30,739 thousand for the three months ended September 30, 2025, compared to $18,608 thousand for the same period in 2024, representing a 65% increase.</li><li>Loss from Operations: - $29,969 thousand for the three months ended September 30, 2025, compared to - $18,208 thousand for the same period in 2024, representing a 65% increase.</li></ul><h3>Cash Flow</h3><ul><li>Net Cash Used in Operating Activities: - $70,216 thousand for the nine months ended September 30, 2025, compared to - $36,224 thousand for the same period in 2024.</li><li>Net Cash Used in Investing Activities: - $11,881 thousand for the nine months ended September 30, 2025, compared to - $773 thousand for the same period in 2024.</li><li>Net Cash Provided by Financing Activities: $211,591 thousand for the nine months ended September 30, 2025, compared to $42,433 thousand for the same period in 2024.</li></ul><h3>Unique Metrics</h3><ul><li>Cumulative Hours of Paid Driverless Operations: Surpassed 5,200 hours as of September 30, 2025.</li><li>Customer-Owned Driverless Vehicles: 10 vehicles as of September 30, 2025.</li></ul><h3>Future Outlook and Strategy</h3><ul><li>Core Business Focus: The company plans to continue operating using a Driver-as-a-Service (DaaS) business model, generating revenue through either a per-vehicle or per-mile license fee. This approach is designed to align with customers’ diverse operational models while building predictable recurring revenue.</li><li>Non-Core Business: The company is exploring opportunities among additional customers that operate in remote, unstructured environments similar to the Permian Basin, and sees an opportunity to expand work on unimproved roads internationally, in markets such as Australia and Canada.</li><li>Priority: The company aims to transition customers from delivering freight on Kodiak-owned trucks to customer-owned trucks, achieving economies of scale through increased efficiency and component cost reductions.</li></ul>

KODIAK AI INC. C/WTS 25/09/2030(TO PUR COM) | 10-Q: FY2025 Q3 Revenue: USD 770 K