Richtech Robotics
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Richtech Robotics (RR) investor relations material

Richtech Robotics Q1 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q1 2026 earnings summary12 Feb, 2026

Executive summary

  • Expanded Robots-as-a-Service (RaaS) footprint, validating a shift to recurring revenue models and away from one-time hardware sales.

  • Continued investment in AI and robotics R&D, including collaborations with NVIDIA and Microsoft.

  • Opened new hospitality locations and advanced proprietary concepts in the hospitality management segment.

Financial highlights

  • Net loss attributable to common stockholders was $(8.4) million for the quarter, compared to $(3.5) million in the prior year period.

  • Adjusted net loss (excluding stock-based compensation) was $(0.1) million, a substantial improvement year-over-year.

  • Revenue for the quarter was $1.14 million, down 8.8% year-over-year, primarily due to reduced one-time product sales.

  • Gross profit was $600 thousand, with a gross margin of 52.3%, down from 90.2% in the prior year due to increased service infrastructure costs.

  • General and administrative expenses rose to $11.8 million, mainly due to $6.8 million in stock-based compensation.

  • Cash and cash equivalents increased to $271.8 million, up from $19.8 million a year earlier, driven by equity issuances and warrant exercises.

Outlook and guidance

  • Management expects continued growth in recurring revenue streams and further expansion of the RaaS model.

  • Gross margins are expected to stabilize and improve as the recurring revenue base grows and infrastructure costs are absorbed.

Explain the gross margin impact of RaaS transition
Detail the drivers of G&A expense increase
What is the status of internal control weakness?
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Q2 202614 May, 2026
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Frequently asked questions

Richtech Robotics Inc is a technology company specializing in the design, development, and deployment of service robots for commercial applications. The company provides robotic solutions tailored for industries such as hospitality, healthcare, and retail, with products that support tasks like food and beverage delivery, cleaning, and customer interaction. Its offerings integrate autonomous navigation, artificial intelligence, and cloud-based management systems to enhance operational efficiency. The company is headquartered in Las Vegas, Nevada, and its shares are listed on the NASDAQ.

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