Rank One Computing | 8-K: FY2026 Q2 Revenue: USD 5.093 M

Revenue: As of FY2026 Q2, the actual value is USD 5.093 M.

EPS: As of FY2026 Q2, the actual value is USD -0.04.

EBIT: As of FY2026 Q2, the actual value is USD -786.2 K.

Second Quarter 2026 Financial Results (compared to Second Quarter 2025)

Total Revenue

Rank One Computing Corporation’s total revenue was $5.1 million for the three months ended June 30, 2026, an increase of approximately $0.1 million, or 2%, compared to $5.0 million for the same period in 2025. On a sequential basis, second-quarter revenue increased approximately 100% from $2.5 million in the first quarter of 2026.

Product Revenue

Product revenue was $2.1 million for the three months ended June 30, 2026, a decrease of $0.7 million, or 26%, from $2.8 million for the three months ended June 30, 2025.

ROC SDK Revenue

ROC SDK revenue was $1.6 million, an 84% year-over-year (YoY) increase from $0.9 million.

ROC Watch Revenue

ROC Watch revenue was $248,121 for the three months ended June 30, 2026, compared to $1,924,583 for the same period in 2025.

ROC ABIS Revenue

ROC ABIS revenue was $163,646, a 723% YoY increase from approximately $20,000.

ROC Enroll Revenue

ROC Enroll revenue was approximately $83,000, a 125% YoY increase from approximately $37,000.

ROC Evidence Revenue

ROC Evidence generated approximately $18,000 of initial commercial revenue in the second quarter of 2026, compared to no revenue in the prior year period.

Government R&D Contract Revenue

Government R&D contract revenue was approximately $3.0 million for the three months ended June 30, 2026, an increase of approximately $0.9 million, or 41%, from $2.1 million for the same period in 2025.

Gross Profit and Margin

Gross profit was $4.6 million for the three months ended June 30, 2026, an increase of $0.6 million, or 14%, compared with $4.0 million for the same period in 2025. Gross margin expanded to 90% for the three months ended June 30, 2026, from 80% for the three months ended June 30, 2025.

Operating Expenses

Total operating expenses were $5.3 million for the three months ended June 30, 2026, compared to $3.2 million for the same period in 2025. Selling, general and administrative expenses were $3,272,434 in Q2 2026, up from $1,821,576 in Q2 2025. Research and development expenses were $2,069,768 in Q2 2026, up from $1,349,326 in Q2 2025.

Operating (Loss) Income

Operating loss was - $775,493 for the three months ended June 30, 2026, compared to operating income of $823,593 for the same period in 2025.

Net (Loss) Income

Net loss was - $0.8 million for the three months ended June 30, 2026, compared with net income of $0.6 million for the same period in 2025.

Six Months Ended June 30, 2026, Financial Results (compared to Six Months Ended June 30, 2025)

Net Cash Used in Operating Activities

Net cash used in operating activities was - $6,045,692 for the six months ended June 30, 2026, compared to - $126,190 for the same period in 2025.

Net Cash Used in Investing Activities

Net cash used in investing activities was - $1,953,786 for the six months ended June 30, 2026, compared to - $354,171 for the same period in 2025.

Net Cash Provided by (Used in) Financing Activities

Net cash provided by financing activities was $19,642,381 for the six months ended June 30, 2026, compared to net cash used in financing activities of - $184,753 for the same period in 2025.

Cash at End of Period

Cash at the end of the period was $11,913,463 as of June 30, 2026, compared to $61,322 as of June 30, 2025.

Balance Sheet Highlights (as of June 30, 2026)

Rank One Computing Corporation had $11.9 million in cash and $14.8 million in working capital as of June 30, 2026. The company reported no debt outstanding following the full repayment of its revolving credit facility.

Business Outlook

Rank One Computing Corporation expects government revenue to increase in the third quarter of 2026, with continued program activity and related revenue in the fourth quarter. Near-term priorities include converting government contract activity into larger, longer-duration programs, advancing early adopters of ROC ABIS, expanding ROC Watch deployments, and finalizing the acquisition of Zuccaro Technical Consulting LLC. Long-term, the company aims to expand anchor government relationships into multi-year programs to drive high-margin, recurring revenue from its products and support services.