Knightscope Stock Earnings Reports

Knightscope reported Q1 2026 results and outlined a strategic shift to become an integrated managed service provider — an "Autonomous Security Force" combining hardware (robots/stationary devices), software (orchestration, AI agents, digital twins) and human security agents (armed/unarmed and remote monitoring). Key financials: consolidated revenue was $6.0M, up 106% year-over-year; consolidated gross profit turned positive at $465K (7.7% margin) versus a loss in Q1 2025. The Event Risk acquisition (closed Feb 27, 2026) contributed $2.4M revenue and $400K gross margin in its first 32 days; total purchase consideration is ~$18M (mix of cash, stock, debt repayment and deferred/contingent consideration). Cash was $11.4M at quarter-end, down from $20.6M due to acquisition cash outlays and transaction costs. Operating expenses increased (R&D +120% YoY; SG&A +51% YoY) driving a net loss of $10.3M (normalized, excluding $1M one-time acquisition costs, net loss ~$9.3M). Management highlighted product development (K7 robot, next-gen K1, and an orchestration platform planned for internal release in Q4), integration of Event Risk to create a single go-to-market offering, plans for limited K7 deployments later in summer, presence at GSX in September, and an Investor Day in Q4. Management expects margin improvement over time from scale, supply‑chain normalization, manufacturing absorption, cross-selling higher-margin software and services, and operational integration, but cautioned they are not yet at a sustainable run rate and will continue to invest in R&D and integration while monitoring cash burn and capital needs. They also signaled continued disciplined M&A (platform-first), potential government opportunities (federal-grade cybersecurity and robotics policy activity), and a five-year partnership with Carnegie Mellon for robotics R&D.