--- title: "Exyn Tech | 8-K: FY2026 Q1 Revenue: USD 1.19 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/292003791.md" datetime: "2026-07-08T02:48:21.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/292003791.md) - [en](https://longbridge.com/en/news/292003791.md) - [zh-HK](https://longbridge.com/zh-HK/news/292003791.md) generator: "portal-rs" --- # Exyn Tech | 8-K: FY2026 Q1 Revenue: USD 1.19 M Revenue: As of FY2026 Q1, the actual value is USD 1.19 M. EPS: As of FY2026 Q1, the actual value is USD -2.45. EBIT: As of FY2026 Q1, the actual value is USD -2.88 M. #### Revenue Revenue for the first quarter of 2026 was $1.19 million, reflecting a decrease of approximately $27 thousand or 2.3% compared to $1.22 million in the first quarter of 2025, primarily due to the timing of customer project activity and product deliveries . #### Gross Profit Gross profit increased by 16% to $0.50 million in the first quarter of 2026, up from $0.43 million in the prior-year period, driven by a more favorable revenue mix and lower product and service delivery costs . #### Gross Margin Gross margin improved to 42.2% in the first quarter of 2026 from 35.6% in the prior-year period, representing an improvement of 660 basis points . #### Total Operating Expenses Total operating expenses were $3.38 million, compared to $2.95 million in the prior-year period, mainly due to higher selling, general, and administrative expenses associated with the company’s transition to public-company operations . #### Net Loss Net loss was - $3.24 million, or - $2.45 per basic and diluted share, in the first quarter of 2026, compared to a net loss of - $2.58 million, or - $1.96 per basic and diluted share, in the first quarter of 2025 . #### Cash and Cash Equivalents Cash and cash equivalents were approximately $1.1 million as of March 31, 2026, an increase from $0.8 million as of December 31, 2025 . As of July 6, 2026, cash and cash equivalents were approximately $7.4 million, reflecting net proceeds from Exyn Technologies, Inc.’s initial public offering after repaying outstanding obligations . #### Outlook Exyn Technologies, Inc. views its successful IPO as a transformative milestone, strengthening its balance sheet and expanding capital access to execute its long-term growth strategy through product innovation, commercial expansion, and strategic initiatives . The company believes it is uniquely positioned to capitalize on the growing demand for autonomous robotics and AI-powered navigation across commercial and defense markets . Exyn Technologies, Inc. anticipates driving long-term growth and creating lasting value for customers and shareholders . ### Related Stocks - [EXYN.US](https://longbridge.com/en/quote/EXYN.US.md) ## Related News & Research - [Exyn Technologies Extends ExynAI Autonomy to CHCNAV’s X500 Drone, Expanding Its Third-Party Robotics Ecosystem | EXYN Stock News](https://longbridge.com/en/news/299060516.md) - [Exyn Technologies delays quarterly 10-Q filing amid internal investigation](https://longbridge.com/en/news/296147980.md) - [EXYN: Q2 2026 saw revenue drop 30% and net loss rise to $6.9M, with CEO terminated after internal probe](https://longbridge.com/en/news/296404073.md) - [Exyn Technologies collaborates with UP Caeli Via to integrate ExynAI autonomy software into ARGOS drone platform](https://longbridge.com/en/news/294820362.md) - [EXYN: Q1 2026 saw improved gross margin but a wider net loss, with IPO proceeds supporting liquidity amid ongoing risks](https://longbridge.com/en/news/291846106.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**