| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 0.10 | 100.0% |
| Total Income | 0.10 | 100.0% |
| Expenditure | 7.05 | 34.0% |
| PBT | — | |
| Net Profit | -6.49 | 14.5% |
| OPM | — | |
| NPM | — | |
| EPS | -0.59 | 91.1% |
Cyngn Reports Q1 2026 Revenue of $105K
22 May 2026 · 22 May, 2:56 am
Summary
Cyngn Inc. announced its Q1 2026 financial results, highlighting commercial and operational progress driven by growing enterprise adoption of its autonomous vehicle solutions. Revenue for Q1 2026 was $105 thousand, compared to $47 thousand in Q1 2025. Total costs and expenses increased by 34% to $7.1 million. The company completed a $9.65 million registered direct offering, extending its financial runway to 2028. Autonomous missions completed increased more than 127% year-over-year during the quarter.
Key Highlights
- 1
Cyngn reported record expansion activity among enterprise customers during Q1 2026.
- 2
Autonomous missions completed increased more than 127% year-over-year during Q1 2026.
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Autonomous driving time increased more than 60% year-over-year during Q1 2026.
- 4
The company expanded its intellectual property portfolio with the issuance of its 24th U.S. patent.
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Cyngn closed a $9.65 million registered direct offering, extending the company’s runway until 2028.
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Revenue in Q1 2026 was $105 thousand, compared to $47 thousand in the first quarter of 2025.
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Cyngn’s unrestricted cash and short-term investments totaled $44.4 million as of March 31, 2026.
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