---
title: "Cyngn reports Q1 2026: Revenue $0.10M, net loss $6.49M, cash & short-term investments $44.4M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/287275104.md"
description: "Cyngn reported Q1 2026 results with revenue of $104,573 and a net loss of $6.49M. Total costs were $7.05M, leading to a loss from operations of $6.94M. The company has $44.4M in cash and short-term investments. A $9.65M direct offering in March extends its runway to 2028. Operationally, autonomous missions increased by 127% year-over-year, and the company expanded its deployments in various sectors."
datetime: "2026-05-21T21:23:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/287275104.md)
  - [en](https://longbridge.com/en/news/287275104.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/287275104.md)
generator: "portal-rs"
---

# Cyngn reports Q1 2026: Revenue $0.10M, net loss $6.49M, cash & short-term investments $44.4M

Cyngn reported first-quarter 2026 results showing revenue of $104,573 and a net loss of $6,486,759, with unrestricted cash and short-term investments of $44.4 million as of March 31, 2026. Total costs and expenses for the quarter were $7.05 million, driving a loss from operations of $6.94 million. The company completed a $9.65 million registered direct offering in March, which management says extends its runway to 2028.

**Financial Highlights**

-   Revenue: $104,573 for the three months ended March 31, 2026 (compared with $47,152 in Q1 2025).
-   Cost of revenue: $57,350 for Q1 2026.
-   Total costs and expenses: $7,046,344 for Q1 2026 (up from $5,262,185 in Q1 2025).
-   Net loss: $(6,486,759) for Q1 2026 (compared with $(3,911,647) in Q1 2025); net loss per share, basic and diluted: $(0.59).
-   Cash and short-term investments: $44.4 million as of March 31, 2026; working capital: $45.8 million; total stockholders’ equity: $50.6 million.

**Business Highlights**

-   Recorded expanded deployment activity among enterprise customers, including additional autonomous vehicle deployments at existing sites.
-   Expanded deployments across manufacturing, logistics, and agriculture, including new deployments at Vann Family Orchards and a WEG electric motor manufacturing facility.
-   Operational utilization increased: autonomous missions completed rose more than 127% year-over-year in Q1 2026 and autonomous driving time increased more than 60%.
-   Invested in enterprise fleet management capabilities and on-prem deployment options to support larger fleets and complex customer environments.
-   Expanded intellectual property with issuance of the company's 24th U.S. patent and continued collaboration with NVIDIA Isaac Sim for simulation and validation workflows.

Original SEC Filing: Cyngn Inc. \[ CYN \] - 8-K - May. 21, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**