--- title: "Knightscope | 10-Q: FY2026 Q1 Revenue Beats Estimate at USD 6.016 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/286631631.md" datetime: "2026-05-16T03:44:16.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286631631.md) - [en](https://longbridge.com/en/news/286631631.md) - [zh-HK](https://longbridge.com/zh-HK/news/286631631.md) generator: "portal-rs" --- # Knightscope | 10-Q: FY2026 Q1 Revenue Beats Estimate at USD 6.016 M Revenue: As of FY2026 Q1, the actual value is USD 6.016 M, beating the estimate of USD 3.652 M. EPS: As of FY2026 Q1, the actual value is USD -0.74, missing the estimate of USD -0.55. EBIT: As of FY2026 Q1, the actual value is USD -10.31 M. ### Segment Revenue Knightscope, Inc. reported total revenue, net, of $6,016 thousand for the three months ended March 31, 2026, an increase of 106% from $2,917 thousand in the prior year period. - **Core Technology Development and Operations:** Revenue was $3,665 thousand for the three months ended March 31, 2026, compared to $2,917 thousand for the same period in 2025. - **Acquired Security Force:** This segment reported $2,351 thousand in revenue for the three months ended March 31, 2026, with no revenue in the prior year period due to the acquisition occurring in February 2026. - **Service Revenue:** Increased by $2.1 million, or 98%, to $4,172 thousand for the three months ended March 31, 2026, primarily driven by $2.4 million of Security Force revenue, partially offset by lower ASR subscription revenue and reduced maintenance and service contracts. - **Product Revenue:** Increased by $1.0 million, or 128%, to $1,844 thousand for the three months ended March 31, 2026, mainly due to the fulfillment of previously delayed ECD orders. ### Operational Metrics - **Cost of Revenue:** Total cost of revenue was $5,551 thousand for the three months ended March 31, 2026, an increase of $2.0 million compared to the prior year. - **Core Technology Development and Operations Cost of Revenue:** $3,611 thousand for the three months ended March 31, 2026, compared to $3,585 thousand for the same period in 2025. - **Acquired Security Force Cost of Revenue:** $1,940 thousand for the three months ended March 31, 2026, with service cost of revenue increasing by $1.5 million primarily due to $1.8 million of contract labor. - **Gross Margin (Loss):** Gross margin was $465 thousand, or 8% of revenue, for the three months ended March 31, 2026, compared to a gross loss of - $668 thousand, or -23% of revenue, for the same period in the prior year, with the improvement primarily driven by Security Force revenues. - **Core Technology Development and Operations Gross Margin:** $54 thousand for the three months ended March 31, 2026, compared to - $668 thousand for the same period in 2025. - **Acquired Security Force Gross Margin:** $411 thousand for the three months ended March 31, 2026. - **Research and Development Expenses:** Increased by $2,556 thousand, or 120%, to $4,681 thousand for the three months ended March 31, 2026, compared to $2,125 thousand in the prior year, mainly due to third-party engineering services. - **Sales, General and Administrative Expenses:** Increased by $2,077 thousand, or 51%, to $6,112 thousand for the three months ended March 31, 2026, compared to $4,035 thousand in the prior year, driven by higher general corporate expenses, investor relations and advertising, professional services fees, KSF-related general and administrative costs, and rent. - **Loss from Operations:** - $10,328 thousand for the three months ended March 31, 2026, compared to - $6,828 thousand for the same period in 2025. - **Net Loss:** - $10,320 thousand for the three months ended March 31, 2026, compared to - $6,897 thousand for the same period in 2025. - **Accumulated Deficit:** - $237.3 million as of March 31, 2026. - **Stockholders’ Equity:** $34.0 million as of March 31, 2026. - **Working Capital:** $7.0 million as of March 31, 2026. ### Cash Flow - **Net Cash Used in Operating Activities:** - $11,604 thousand for the three months ended March 31, 2026, an increase of approximately $5.2 million compared to - $6,375 thousand for the same period in 2025. - **Net Cash Used in Investing Activities:** - $6,318 thousand for the three months ended March 31, 2026, compared to - $449 thousand for the same period in 2025, which includes $6.1 million paid for the KSF Acquisition, net of $0.6 million cash acquired. - **Net Cash Provided by Financing Activities:** $8,757 thousand for the three months ended March 31, 2026, compared to $8,259 thousand for the same period in 2025, including $9.0 million in net proceeds from the ATM offering program, partially offset by $0.2 million in debt repayments. - **Cash and Cash Equivalents:** $11.4 million as of March 31, 2026, compared to $20.6 million as of December 31, 2025. ### Unique Metrics - **Backlog:** As of May 8, 2026, the company had a total backlog of approximately $0.8 million, consisting of $0.6 million related to ASR orders and $0.2 million related to orders for ECDs. ### Future Outlook and Strategy Knightscope, Inc. aims to operate a fully integrated autonomous security platform combining autonomous machines, software, and human response, with the KSF Acquisition expanding growth opportunities by adding licensed security personnel and executive protection capabilities to pursue broader customer opportunities. The company anticipates going to market through a managed services model and expects the KSF Acquisition to strengthen its liquidity profile by contributing to free cash flow and operating cash flow. Knightscope, Inc. continues to evaluate supplier diversification, procurement strategies, and production planning improvements to address ongoing supply chain volatility and cost pressures, with management expecting to streamline service delivery and expand managed services capabilities over time. ### Related Stocks - [KSCP.US](https://longbridge.com/en/quote/KSCP.US.md) ## Related News & Research - [Knightscope to Unveil the Autonomous Security Force at GSX 2026 | KSCP Stock News](https://longbridge.com/en/news/296818752.md) - [Public Storage announces R$ 0.41 per unit dividend for Q3 2026](https://longbridge.com/en/news/296635332.md) - [Xcel Energy sets BRL 0.26 per unit distribution for payment Oct. 26, 2026](https://longbridge.com/en/news/296646864.md) - [Corning sets Q3 2026 dividend at R$ 0.25 per unit](https://longbridge.com/en/news/296635714.md) - [REG - UIL Limited UIL Finance Ltd - Purchase of 2026 ZDP Shares](https://longbridge.com/en/news/296518280.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**