Knightscope (KSCP) Q3 2026 earnings summary

Executive summary

• Q3 2026 revenue rose 177% YoY to $8.678m, the third consecutive quarter of triple-digit growth; gross margin turned positive at $0.4m.

• Net loss was $11.784m versus $9.508m a year earlier; cash was $6.8m at September 30, and additional financing is needed to support operations.

• The integrated managed-service offering combines autonomous machines, AI software, monitoring, and licensed security personnel.

Financial highlights

• Q3 revenue was $8.678m versus $3.131m YoY; service revenue was $8.550m and product revenue was $0.128m.

• Operating expenses were $12.0m versus $7.9m; R&D was $3.6m, down 5%, and SG&A was $8.4m, including GSX-related event costs and higher KSF intangible amortization.

• Q3 operating loss was $11.557m versus $9.508m; net loss was $11.784m, or $0.50 per share, versus $9.5m, or $0.98 per share.

• 9M revenue increased 170% to $23.718m; service revenue was $21.360m and product revenue was $2.358m.

• 9M operating loss was $34.978m versus $22.604m; net loss was $36.194m, or $1.97 per share.

Outlook and guidance

• Priorities are converting ~ $27m in renewals, bookings, and client awards secured since May 2026 into revenue, expanding existing-client business, and improving margins.

• K7 manufacturing began at headquarters; limited-release deployments are underway for Q4 2026, with selective scaling planned for 2027.

• Margin improvement is expected from scale, contract mix, operating discipline, and greater technology contribution to managed services; no profitability timing target was given.

• Additional capital is required within the next 12 months; plans include equity and/or debt financing, with no assurance funding will be available on acceptable terms.