Knightscope, Inc.

Knightscope, Inc. announced record financial results for the second quarter ended June 30, 2026, with revenue increasing 228% year-over-year to $9.0 million. This marks the company's second consecutive record quarter, driven by the full-quarter contribution from the Security Force acquisition. The company also achieved a positive gross margin of $0.7 million, or 7% of revenue. While net loss increased to $14.1 million due to investments in R&D and integration, Knightscope highlighted progress on its K7 autonomous security robot, with initial deployments expected in Q4 2026, and the development of its new Signals orchestration platform.

Knightscope, Inc. reported a significant increase in Q2 2026 revenue, up 228% to $9.02 million, driven by service revenue growth. However, the company's net loss widened to $14.09 million for the quarter and $24.41 million year-to-date. The filing also disclosed a substantial doubt about the company's ability to continue as a going concern, citing historical losses, negative cash flows, and dependence on additional fundraising. The company completed the acquisition of Event Risk LLC for approximately $18.0 million in February 2026, integrating it into a single operating segment.

Knightscope, Inc. announced its 2026 Annual Meeting of Stockholders will be held virtually on September 2, 2026. Shareholders will vote on the election of four directors, the ratification of BPM LLP as the independent auditor for 2026, and a proposal to increase the available shares under the 2022 Equity Incentive Plan by 10,000,000 shares. The Board recommends voting "FOR" all proposals.

Knightscope, Inc. announced preliminary, unaudited financial results for the second quarter ended June 30, 2026, reporting approximately $9 million in revenue. This represents an increase of over 200% compared to $2.7 million in the same quarter last year, marking a new quarterly record for the company. The CEO emphasized the success of their Autonomous Security Force strategy, with the company now serving 434 clients across 42 states.

Knightscope, Inc. entered into amended and restated employment agreements with CEO William Santana Li, CFO Apoorv S. Dwivedi, and CISO Mercedes Soria. The new agreements establish annual base salaries of $610,500 for Mr. Li and $440,000 each for Mr. Dwivedi and Ms. Soria, along with eligibility for an annual cash bonus targeting 100% of their base salary. Additionally, executives are eligible for significant performance-based cash awards tied to market capitalization and operational goals over a five-year period, totaling up to $65,000,000 for Mr. Li, $35,750,000 for Mr. Dwivedi, and $22,750,000 for Ms. Soria. The agreements also detail severance benefits, including enhanced provisions in the event of a Change in Control.

Knightscope, Inc. announced the completion of its acquisition of Event Risk LLC, a provider of security and risk mitigation services, on February 27, 2026. The total consideration for the acquisition included a $5.0 million cash payment, the assumption of $1.1 million in debt, and the issuance of 1,724,418 shares of Knightscope Class A Common Stock. Additionally, the agreement includes $4.0 million in deferred cash payments and potential contingent earn-out payments of up to $2.0 million.

Knightscope, Inc. completed the acquisition of Event Risk LLC, a security guarding and risk mitigation services provider, for approximately $18.0 million during the first quarter of 2026. This acquisition led to the creation of a new operating segment, Knightscope Security Force. For the three months ended March 31, 2026, the company reported a net loss of $(10.3) million, an increase from $(6.9) million in the prior year, despite total revenue growing to $6.0 million from $2.9 million. The company's cash and cash equivalents decreased significantly, and management noted substantial doubt about its ability to continue as a going concern.

Knightscope, Inc. has entered into a 5-year letter agreement with Carnegie Mellon University's School of Computer Science. This collaboration aims to strengthen the U.S. robotics workforce, advance next-generation autonomous systems for public safety, and support national security priorities. Knightscope will fund five educational course projects and make its National Security Robotics Lab available to the university, fostering innovation and preparing future talent in autonomous security.