| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 2.55 | 19.6% |
| Total Income | 2.55 | 19.6% |
| Expenditure | 5.56 | 32.7% |
| PBT | -3.04 | 195.2% |
| Net Profit | -3.04 | 310.8% |
| OPM | — | |
| NPM | — | |
| EPS | -0.18 | 260.0% |
ROC Reports Q1 2026 Financial Results; ROC Watch Revenue Up 77% YoY
16 May 2026 · 16 May, 12:48 am
Summary
Rank One Computing Corporation reported a decrease in revenue for the first quarter of 2026, with $2.5 million compared to $3.2 million in the first quarter of 2025, a 20% decrease. The decline was primarily due to public-sector procurement timing and lower government R&D contract revenue. However, ROC Watch revenue increased 77% year-over-year, and ROC ABIS revenue increased 255% year-over-year. The company's net loss was $3.0 million, compared to $0.7 million in the first quarter of 2025. The company believes its strengthened balance sheet provides a strong foundation to support continued investment in product development, customer acquisition, and deployment capacity to drive long-term growth.
Key Highlights
- 1
Rank One Computing Corporation's first quarter revenue was $2.5 million, a decrease of 20% compared to $3.2 million in the first quarter of 2025.
- 2
ROC Watch revenue increased 77% year-over-year, driven by customer adoption and expansion of active deployments.
- 3
ROC ABIS revenue increased 255% year-over-year due to commercialization initiatives.
- 4
The company completed its initial public offering (IPO), generating net proceeds of approximately $21.5 million.
- 5
Gross profit was $2.0 million, with a gross margin of 79%, consistent with the prior-year period.
- 6
Net loss was $3.0 million, compared to $0.7 million in the first quarter of 2025.
- 7
As of March 31, 2026, ROC had $16.6 million in cash and cash equivalents and no long-term or structured debt outstanding.
Management Comments
B. Scott Swann
“The first quarter was the beginning of an important transition period for ROC as we debuted on the Nasdaq market. This milestone significantly expanded our reach and awareness while strengthening our balance sheet as we continued to advance product adoption across our Vision AI platform. “Our focus is clear: convert product traction into larger, longer-duration program deployments across government, public safety and commercial markets. ROC’s identity and intelligence solutions are built for mission-critical environments where accuracy, speed, security and trust matter. We are a U.S.-built, owned, and operated provider of precision identity technology and intelligence solutions that support more than 300 million annual identity verification transactions. With the capital from our recent Nasdaq listing, we are focusing on disciplined investments in product and business development, deployment capacity and operating infrastructure to support the execution and scaling of larger, longer-duration opportunities across identity, security and intelligence markets. We believe ROC is well positioned as demand increases for American-built Vision AI capable of delivering accurate, explainable and operational intelligence at scale,”
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