--- title: "Duke Robotics | 8-K: FY2026 Q2 Revenue: USD 149 K" type: "News" locale: "en" url: "https://longbridge.com/en/news/295795777.md" datetime: "2026-08-13T12:08:07.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295795777.md) - [en](https://longbridge.com/en/news/295795777.md) - [zh-HK](https://longbridge.com/zh-HK/news/295795777.md) generator: "portal-rs" --- # Duke Robotics | 8-K: FY2026 Q2 Revenue: USD 149 K Revenue: As of FY2026 Q2, the actual value is USD 149 K. EPS: As of FY2026 Q2, the actual value is USD -0.26. ### Financial Highlights for the Three Months Ended June 30, 2026 (Q2 2026) vs. June 30, 2025 (Q2 2025) #### Revenue DUKE Robotics Corp. reported revenues of $149,000 for Q2 2026, an increase from $143,000 in Q2 2025. #### Cost of Revenues Cost of revenues increased to $91,000 in Q2 2026, up from $55,000 in Q2 2025, primarily due to increased depreciation expenses and operational readiness costs for the 2026 cleaning season. #### Gross Profit Gross profit was $58,000 in Q2 2026, a decrease from $88,000 in Q2 2025. #### Research and Development (R&D) Expenses R&D expenses were $32,000 in Q2 2026, compared to $24,000 in Q2 2025. #### General and Administrative (G&A) Expenses G&A expenses significantly increased to $954,000 in Q2 2026 from $314,000 in Q2 2025, mainly due to higher share-based compensation, professional fees for the Nasdaq uplisting and public offering, and increased personnel-related costs. #### Operating Loss The operating loss widened to - $928,000 in Q2 2026 from - $250,000 in Q2 2025. #### Financing Income (Expenses), Net DUKE Robotics Corp. recorded financing income, net, of $202,000 in Q2 2026, compared to financing expenses, net, of - $9,000 in Q2 2025, largely due to non-cash changes in the fair value of warrant liability. #### Net Loss Net loss for Q2 2026 was - $726,000, compared to - $269,000 in Q2 2025. ### Financial Highlights for the Six Months Ended June 30, 2026 (H1 2026) vs. June 30, 2025 (H1 2025) #### Revenue Revenues were $149,000 for H1 2026, an increase from $143,000 in H1 2025, with revenues in both periods recognized in the second quarter due to the seasonal nature of IC Drone service. #### Cost of Revenues Cost of revenues increased to $124,000 in H1 2026 from $63,000 in H1 2025, primarily due to increased depreciation expenses and operational readiness costs for the 2026 cleaning season. #### Gross Profit Gross profit was $25,000 in H1 2026, a decrease from $80,000 in H1 2025. #### Research and Development (R&D) Expenses R&D expenses were $61,000 in H1 2026, compared to $45,000 in H1 2025. #### General and Administrative (G&A) Expenses G&A expenses increased to $1,405,000 in H1 2026 from $573,000 in H1 2025, reflecting higher share-based compensation, professional fees for uplisting and public offering, and increased personnel costs. #### Operating Loss The operating loss widened to - $1,441,000 in H1 2026 from - $538,000 in H1 2025. #### Financing Expenses, Net Financing expenses, net, were - $206,000 in H1 2026, compared to less than - $1,000 in H1 2025, mainly due to non-cash mark-to-market movements on warrant liability. #### Net Loss Net loss for H1 2026 was - $1,647,000, compared to - $548,000 in H1 2025. ### Balance Sheet Highlights as of June 30, 2026 vs. December 31, 2025 #### Cash and Cash Equivalents and Restricted Cash Cash and cash equivalents and restricted cash totaled $6,989,000 as of June 30, 2026, significantly up from $750,000 as of December 31, 2025, driven by net proceeds from the May 2026 underwritten public offering. #### Trade Receivables Trade receivables were $163,000 as of June 30, 2026, an increase from $41,000 as of December 31, 2025, reflecting billings as the 2026 IC Drone season commenced. #### Total Current Assets Total current assets were $7,249,000 as of June 30, 2026, compared to $907,000 as of December 31, 2025. #### Total Assets Total assets were $7,513,000 as of June 30, 2026, compared to $1,249,000 as of December 31, 2025. #### Total Current Liabilities Total current liabilities were $501,000 as of June 30, 2026, compared to $756,000 as of December 31, 2025. #### Total Liabilities Total liabilities were $867,000 as of June 30, 2026, compared to $1,149,000 as of December 31, 2025. #### Total Stockholders’ Equity Total stockholders’ equity increased to $6,646,000 as of June 30, 2026, from $100,000 as of December 31, 2025. ### Operational Metrics #### IC Drone Grid-Maintenance Season DUKE Robotics Corp. commenced an expanded 2026 Insulator Cleaning Drone (IC Drone) grid-maintenance season with the Israel Electric Corporation (IEC), expecting to generate over $1 million in revenue during 2026 from this purchase order. #### Bird of Prey Order Elbit Systems Land Ltd. received a new order for the Bird of Prey stabilized weapons drone system, with deliveries anticipated in 2026, from which DUKE Robotics Corp. expects to recognize royalty revenue upon delivery and receipt of proceeds. #### Commercial-Grade IC Drone Airframe Integration The company initiated integration of its IC Drone system with a larger commercial-grade drone airframe to enhance payload capacity, flight duration, and per-mission productivity. #### Leadership Appointment Yiftach Kleinman was appointed as the incoming Chief Executive Officer, effective no later than September 8, 2026. #### Public Offering and Nasdaq Uplisting DUKE Robotics Corp. completed an underwritten public offering, generating approximately $9.2 million in gross proceeds, and subsequently uplisted its common stock and warrants to the Nasdaq Capital Market on May 15, 2026. ### Outlook / Guidance DUKE Robotics Corp. anticipates the substantial majority of the over $1 million in revenue from the expanded IEC purchase order to be recognized over the remainder of 2026. The company believes its current cash resources, combined with projected receipts from existing commercial agreements, are sufficient to support operations into 2028. Deliveries for the new Bird of Prey order through Elbit Systems are expected during 2026, with associated royalty revenue recognized upon delivery and receipt of proceeds. ### Related Stocks - [DUKR.US](https://longbridge.com/en/quote/DUKR.US.md) ## Related News & Research - [Equifax notifies availability of 8-K filing](https://longbridge.com/en/news/297785672.md) - [Deep Isolation Nuclear amends 8-K to correct one-time bonus figures for two officers](https://longbridge.com/en/news/297689669.md) - [Playboy amends 8-K to disclose Jennifer Cabalquinto board committee assignments](https://longbridge.com/en/news/297830854.md) - [Asbury Automotive amends 8-K to disclose Jed Milstein consulting deal at $27,083.33 a month](https://longbridge.com/en/news/297561184.md) - [GlucoTrack amends 8-K to add accountant review report for Lokahi interim financials](https://longbridge.com/en/news/297366213.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**