Knightscope Third-Quarter Revenue Rises 177 Percent to 8.7 Million Dollars With Service Revenue of 8.6 Million and Net Loss of 11.8 Million
In Sunnyvale, California, security technology company Knightscope announced on November 12 its financial results for the third quarter ended September 30, 2026. Revenue was 8.7 million dollars, up 177 percent from 3.1 million dollars a year earlier, marking the third consecutive quarter of triple-digit year-over-year revenue growth.
By segment, service revenue was 8.6 million dollars, up 349 percent, including 6.6 million dollars from Knightscope Security Force, the licensed guard business it acquired. Product revenue was 0.1 million dollars, compared with 1.2 million dollars a year earlier.
Gross margin turned positive at 0.4 million dollars, or 5 percent of revenue, against a gross loss of 1.6 million dollars a year earlier. The net loss was 11.8 million dollars, or 0.50 dollars per share, against a net loss of 9.5 million dollars, or 0.98 dollars per share, with weighted average shares up to 23.6 million from 9.8 million.
Cash and equivalents were 6.8 million dollars at September 30. The company previously reported preliminary revenue for the first nine months of approximately 23.7 million dollars, up about 170 percent from approximately 8.8 million dollars a year earlier.
Founder, Chairman and CEO William Santana Li and CFO Apoorv Dwivedi hosted the earnings call on November 12 at 1:30 p.m. Pacific Time. The release also listed business developments covering its Autonomous Security Force, the K7 beta program and the Signals platform, as set out in the company announcement.
Source: Knightscope
Published by GSM · USA (original Chinese edition)
Photo: 图：一台Knightscope安保机器人停在停车场旁，一名行人从旁走过。来源：公共领域，维基共享资源。 / Photo: A Knightscope security robot in a parking area as a pedestrian walks by. Credit: public domain, via Wikimedia Commons.
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