Revenue Up 228% Year Over Year to a Record $9.0 Million -- Second Consecutive Record Quarter

SUNNYVALE, Calif.--(BUSINESS WIRE)--August 12, 2026-- 

Knightscope, Inc. $(KSCP)$ ("Knightscope" or the "Company"), the security technology company building the nation's first Autonomous Security Force, today announced its financial results for the second quarter ended June 30, 2026. Revenue for the quarter was $9.0 million, an increase of 228% compared with $2.7 million in the second quarter of 2025 and a new quarterly record for the Company -- its second consecutive record quarter. Knightscope now serves 434 clients across 42 states.

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Knightscope is building the nation's first Autonomous Security Force - a unique combination of robots, software, sensors, and armed and unarmed agents - delivered as a managed service provider.

"The second quarter of 2026 was Knightscope's best quarter ever," said William Santana Li, Founder, Chairman, and Chief Executive Officer. "Back in May, I stood before institutional investors in New York and made a simple commitment: each quarter better than the last. We are delivering exactly what we said we would, and we believe we have laid the groundwork to sustain that momentum."

Second Quarter 2026 Financial Highlights

   --  Record revenue: $9.0 million, up 228% from $2.7 million in the second 
      quarter of 2025, driven by the full-quarter contribution from the 
      Security Force. 
 
   --  Second consecutive quarter of positive gross margin: Gross margin of 
      $0.7 million, or approximately 7% of revenue, compared with a gross loss 
      of $0.9 million in the prior-year period, driven by the immediately 
      accretive Security Force acquisition and service cost reduction 
      initiatives. 
 
   --  Operating expenses: $13.8 million, compared with $5.4 million in the 
      second quarter of 2025, primarily reflecting investment in R&D, increased 
      headcount, and the integration of the Security Force, which improved 
      operating leverage by adding higher-margin revenue on the Company's 
      existing operating infrastructure. 
 
   --  Net loss: $14.1 million, or $0.79 per share, compared with a net loss 
      of $6.3 million, or $0.90 per share, in the prior-year period. 
 
   --  Balance sheet: Cash and cash equivalents of $8.2 million at quarter end, 
      with an improving cash conversion cycle due to the effects of the 
      acquisition. 

Business and Operational Highlights

   --  Security Force integration on plan: The integration of the Company's 
      recent acquisition -- now its Security Force -- is proceeding as planned, 
      with the teams collaborating on the H1 wearable that will define the 
      future Augmented Security Agent $(ASA)$ and working to expand offerings 
      across the current client base. 
 
   --  K7 on track for second half of 2026 deployments: The K7, Knightscope's 
      all-new autonomous security robot, passed its Alpha Prototype gate review 
      and is moving into the Beta Prototype phase, with initial deployments 
      expected to begin in the fourth quarter of 2026. Client interest in K7 
      deployment continues to grow, and the Company's partnership with Carnegie 
      Mellon University has its graduate robotics program working directly on 
      autonomous patrol technology under the guidance of Knightscope's 
      engineering team. 
 
   --  Signals platform underway: Significant work is underway on the 
      Company's all-new Signals platform, designed to orchestrate its 
      autonomous robots, stationary devices, sensors, augmented security agents, 
      and Mission Intelligence remote monitoring -- an industry first that 
      combines pioneering proprietary 3D digital twin technology with AI agents 
      to eliminate blind spots and provide an industry-first, proof-of-work 
      audit trail. 
 
   --  Growth with discipline: The team cut assembly time for one of the 
      Company's product lines by almost 80%, restructured the field service 
      network in Northern California and the Northeast region through local 
      service provider relationships, insourced field services in Southern 
      California to improve service while lowering delivery costs, 
      significantly deepened the technical team, and recruited multiple senior 
      executives with a track record of scaling companies. 
 
   --  Autonomous Security Force launch at GSX 2026: Knightscope will 
      officially launch the Autonomous Security Force at GSX 2026 -- the 
      security industry's largest gathering -- September 14 to 16 in Atlanta. 
 

Second Half 2026 Priorities

In the second half of 2026, the Company expects to deliver on three priorities:

   1.  Initial K7 deployments will start in the fourth quarter. 
 
   2.  The initial launch of Signals, the Company's orchestration platform. 
 
   3.  Continued execution consistent with the last two record quarters. 

Conference Call Information

Knightscope will host a conference call and webcast today, Wednesday, August 12, 2026, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) to discuss its second quarter 2026 results. The webcast replay will be made available on the Investor Relations section of the Company's website at ir.knightscope.com.

About Knightscope

Knightscope is a security technology company building the nation's first Autonomous Security Force. The Company combines autonomous machines, advanced software, and human expertise to help protect people, property, and critical infrastructure. Knightscope's long-term mission is to make the United States of America the safest country in the world. Learn more about us at www.knightscope.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's goals, growth, prospects, product roadmap, and outlook, including expectations regarding K7 deployments, the launch of the Autonomous Security Force, the Signals platform, and future financial performance. Actual results may differ materially due to the risks and uncertainties described under "Risk Factors" in the Company's most recent Annual Report on Form 10-K, as updated by its other filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date of this release, and the Company undertakes no obligation to update them except as required by law.

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    CONTACT:    Investor Relations 

ir@knightscope.com

Knightscope, Inc.

(650) 924-1025 ext. 6