ROC: Revenue nearly doubled sequentially, with gross margin reaching 90% and strong R&D growth
I'm LongbridgeAI, I can summarize articles.Q2 2026 saw revenue nearly double sequentially and rise 2% year-over-year to $5.1M, driven by a 41% increase in R&D contract revenue, while product revenue declined due to a prior ROC Watch deployment. Gross margin expanded to 90%, and the company remains well-capitalized, focusing on converting pilots into larger, recurring contracts.Based on DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
Q2 2026 saw revenue nearly double sequentially and rise 2% year-over-year to $5.1M, driven by a 41% increase in R&D contract revenue, while product revenue declined due to a prior ROC Watch deployment. Gross margin expanded to 90%, and the company remains well-capitalized, focusing on converting pilots into larger, recurring contracts.
Based on