Quarterly ResultAug 13, 2026, 04:06 PM
Rank One Computing Q2 Revenue $5.1M; Gross Margin 90%
AI Summary
Rank One Computing Corp (ROC) announced its second quarter 2026 financial results, reporting revenue of $5.1 million, a 100% sequential increase from Q1 2026, and an improved gross margin of 90%. Despite a net loss of $0.8 million for the quarter, the company highlighted strong growth across its Vision AI platform products, including ROC SDK, ROC ABIS, and ROC Enroll. Key business developments included a $4.9 million R&D contract award, the commercialization of ROC Evidence ahead of plan, and the announcement of an acquisition of Zuccaro Technical Consulting LLC.
Key Highlights
- Revenue reached $5.1 million in Q2 2026, a 100% sequential increase from Q1 2026.
- Gross margin improved to 90% in Q2 2026, up from 80% in the prior year.
- Reported a net loss of $0.8 million for Q2 2026, compared to net income of $0.6 million in Q2 2025.
- Awarded a $4.9 million follow-on R&D contract with a U.S. Department of War agency.
- Announced definitive agreement to acquire Zuccaro Technical Consulting LLC (ZTC), expected to close in Q3 2026.
- ROC SDK revenue increased 84% year-over-year to $1.6 million.
- ROC ABIS revenue surged 723% year-over-year to $164,000.
- Cash balance stood at $11.9 million with no debt outstanding as of June 30, 2026.
Price Impact
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