Kodiak AI Q2 FY26 revenue rises 91% to $3.5 million; net income turns to $12.48 million
Reuters2026/08/06 20:12Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Kodiak posted Q2 revenue of USD 3.5 million, up 91% quarter-over-quarter; operating loss widened to USD 43.68 million from USD 25.35 million.
- Net income swung to USD 12.48 million from a net loss of USD 113.73 million a year earlier, driven by a USD 58.28 million warrant fair-value gain.
- Net cash used in operating activities totaled USD 34.13 million; free cash flow was negative USD 38.06 million.
- Cash, cash equivalents and marketable securities rose to USD 151.1 million at quarter-end from USD 120.67 million at end-2025.
- Deployed seven driverless trucks to lift the customer-owned fleet to 35; paid driverless operations surpassed 40,000 cumulative hours, up 71% from end-Q1.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kodiak Ai Inc. published the original content used to generate this news brief on August 06, 2026, and is solely responsible for the information contained therein.
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