| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 5.09 | 99.6% | 2.4% |
| Total Income | 5.09 | 99.6% | 2.4% |
| Expenditure | 5.87 | 5.6% | 41.5% |
| PBT | -0.82 | 73.0% | 201.2% |
| Net Profit | -0.82 | 73.0% | 241.4% |
| OPM | -15.23% | 31.80pp | |
| NPM | -16.03% | 27.73pp | |
| EPS | -0.04 | 77.8% | 200.0% |
Rank One Computing Reports Q2 2026 Revenue Doubled Sequentially to $5.1 Million; Gross Margin Improves to 90%
14 Aug 2026 · 14 Aug, 6:02 pm
Summary
Rank One Computing Corporation announced its second-quarter 2026 financial results, with revenue nearly doubling sequentially to $5.1 million and gross margin expanding to 90%. Government R&D revenue grew 41% year-over-year, driven by improved government program activity. Key product lines like ROC SDK and ROC ABIS showed strong year-over-year growth, and ROC Evidence generated its first commercial revenue ahead of schedule. Management expressed increased confidence in an anticipated revenue ramp during the second half of 2026, supported by ongoing government contracting activity and a focus on expanding commercial adoption.
Key Highlights
- 1
Rank One Computing Corporation reported second-quarter revenue of $5.1 million, nearly doubling sequentially.
- 2
Gross margin improved significantly to 90% in the second quarter of 2026, up from 80% in the prior year.
- 3
Government R&D revenue increased by 41% year-over-year, reaching approximately $3.0 million.
- 4
ROC SDK revenue saw a substantial year-over-year increase of 84%, amounting to $1.6 million.
- 5
ROC ABIS revenue experienced a dramatic 723% year-over-year increase, reaching $164,000.
- 6
ROC Evidence generated its first commercial revenue of approximately $18,000 ahead of plan.
- 7
The company expects government revenue to increase in the third quarter of 2026 based on current contract schedules.
Management Comments
B. Scott Swann
In 2Q, ROC’s revenue nearly doubled sequentially to $5.1 million, gross margin expanded to 90%, and government R&D revenue increased 41% year over year. These results demonstrate measurable progress in our contract revenue due to improving government program activity and broader commercialization across our Vision AI platform. ROC SDK, ROC ABIS, and ROC Enroll each delivered significant revenue growth, while ROC Evidence generated its first commercial revenue ahead of plan. Importantly, in the first quarter, we indicated our outlook on government procurement activity was beginning to improve. Consistent with the outlook, ROC’s government contracting activity and revenue demonstrated this improvement. This increase in contract revenue gives us greater confidence in an anticipated revenue ramp during the second half of 2026. Our long-term strategy remains unchanged, with a focus on converting this activity into larger, longer-duration programs while expanding commercial adoption across our product portfolio.
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