Knightscope Q1 revenue more than doubles as acquisition boosts growth

Knightscope

15/05/2026 21:10

Overview

US managed security firm's Q1 revenue rose 106% yr/yr to $6 mln

Gross margin turned positive after prior year loss

Company completed $18 mln acquisition of Event Risk, adding licensed security agent operations

Outlook

Company expects integrated business to be free cash flow generative over time

Result Drivers

EVENT RISK ACQUISITION - Addition of licensed security agent operations from Event Risk drove service revenue growth

PRODUCT DELIVERIES - Fulfillment of Emergency Communication Device orders previously impacted by supply chain constraints lifted product revenue

GROSS MARGIN IMPROVEMENT - Gross margin turned positive, reflecting increased scale and improved revenue mix

Company press release: ID:nBw23pR3ta

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
$6 mln
$3.65 mln (2 Analysts)
Q1 Net Loss
$10.30 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the communications & networking peer group is "buy"

Wall Street's median 12-month price target for Knightscope Inc is $17.00, about 478.2% above its May 14 closing price of $2.94

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)