Knightscope (KSCP) Q2 2026 earnings summary

Executive summary

• Achieved record Q2 2026 revenue of $9.0 million, up 228% year-over-year, driven by Security Force acquisition and expanded service offerings, marking the best quarter in company history.

• Client base expanded to 434 across 42 states, with two consecutive quarters of triple-digit revenue growth.

• Integration of the Security Force acquisition is progressing well, supporting operational and financial synergies and growth.

• Major product milestones include the K7 autonomous robot and H1 wearable, with significant R&D investment and partnership with Carnegie Mellon University.

• The company completed the acquisition of Event Risk LLC (now Knightscope Security Force) for $18.0 million, adding licensed security personnel and executive protection services.

Financial highlights

• Revenue reached $9.0 million, a 228% increase from $2.7 million in Q2 2025.

• Gross margin turned positive at $0.7 million (7% of revenue), compared to a gross loss of $0.9 million last year.

• Operating expenses rose to $13.8 million from $5.4 million, mainly due to R&D, headcount, and integration costs.

• Net loss was $14.1 million ($0.79/share), compared to $6.3 million ($0.90/share) in Q2 2025.

• Cash and equivalents stood at $8.2 million at quarter end, with an improving cash conversion cycle.

Outlook and guidance

• Initial K7 deployments expected to begin in Q3/Q4 2026, with Signals platform launch planned for the second half.

• Official launch of the Autonomous Security Force at GSX in September 2026.

• Management expects continued losses in the near term as it invests in growth and integration.

• The company is pursuing additional financing to support operations and meet capital needs.

• Focus remains on sequential quarterly improvement and operational execution.