What is Knightscope's operating income?

Knightscope's total operating income in 2025 was -$33.89 million, based on the following breakdown: Total Gross Profit: -$4.78 million Total Operating Expenses: $29.12 million

Knightscope (KSCP) Financials

$1.53 -0.04 (-2.55%)

Closing price 04:00 PM Eastern

Extended Trading

$1.58 +0.05 (+3.59%)

As of 06:41 PM Eastern

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Annual Income Statements for Knightscope

This table shows Knightscope's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024	2025
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-20	-44	0.00	-22	-32	-34
Consolidated Net Income / (Loss)	-19	-44	-26	-22	-32	-34
Net Income / (Loss) Continuing Operations	-19	-44	-26	-22	-32	-34
Total Pre-Tax Income	-19	-44	-26	-22	-32	-34
Total Operating Income	-15	-25	-32	-26	-30	-34
Total Gross Profit	-1.30	-2.06	-3.32	-2.02	-3.70	-4.78
Total Revenue	3.34	3.41	5.63	13	11	11
Operating Revenue	3.34	3.41	5.63	13	11	11
Total Cost of Revenue	4.63	5.46	8.95	15	15	16
Operating Cost of Revenue	4.63	5.46	8.95	15	15	16
Total Operating Expenses	13	22	29	24	26	29
Selling, General & Admin Expense	2.79	4.88	12	13	18	17
Research & Development Expense	3.25	5.60	8.45	6.35	7.06	12
Restructuring Charge	-	-	0.00	0.15	0.51	0.01
Total Other Income / (Expense), net	-4.70	-19	6.33	4.17	-2.06	0.08
Interest & Investment Income	-2.26	-4.33	-9.24	-0.55	-0.42	-0.04
Other Income / (Expense), net	-2.44	-15	20	4.72	-1.63	0.12
Income Tax Expense	0.00	-	-	0.00	0.00	0.00
Basic Earnings per Share	($1.96)	($4.18)	($0.72)	($16.77)	($10.97)	($4.00)
Weighted Average Basic Shares Outstanding	10.19M	10.63M	35.55M	1.32M	2.89M	8.46M
Diluted Earnings per Share	($1.96)	($4.18)	($0.72)	($16.77)	($10.97)	($4.00)
Weighted Average Diluted Shares Outstanding	10.19M	10.63M	35.55M	1.32M	2.89M	8.46M
Weighted Average Basic & Diluted Shares Outstanding	-	23.76M	36.73M	93.31M	6.90M	16.28M

This table shows Knightscope's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	-8.34	-6.53	-7.59	-6.27	-11	-6.97	-6.90	-6.33	-9.54	-11	-10
Consolidated Net Income / (Loss)	-8.34	-6.53	-7.59	-6.27	-11	-6.97	-6.90	-6.33	-9.54	-11	-10
Net Income / (Loss) Continuing Operations	-8.34	-6.53	-7.59	-6.27	-11	-6.97	-6.90	-6.33	-9.54	-11	-10
Total Pre-Tax Income	-8.34	-6.53	-7.59	-6.27	-11	-6.97	-6.90	-6.33	-9.54	-11	-10
Total Operating Income	-6.48	-7.34	-8.28	-6.76	-7.74	-6.90	-6.83	-6.27	-9.51	-11	-10
Total Gross Profit	0.05	-1.87	-1.45	-0.56	-0.51	-1.19	-0.67	-0.92	-1.57	-1.62	0.47
Total Revenue	3.32	3.01	2.25	3.20	2.54	2.81	2.92	2.75	3.13	2.54	6.02
Operating Revenue	3.32	3.01	2.25	3.20	2.54	2.81	2.92	2.75	3.13	2.54	6.02
Total Cost of Revenue	3.27	4.88	3.70	3.76	3.04	4.00	3.59	3.67	4.70	4.16	5.55
Operating Cost of Revenue	3.27	4.88	3.70	3.76	3.04	4.00	3.59	3.67	4.70	4.16	5.55
Total Operating Expenses	6.53	5.47	6.84	6.20	7.24	5.71	6.16	5.35	7.94	9.67	11
Selling, General & Admin Expense	3.24	2.44	3.64	2.73	4.43	7.60	4.04	2.17	3.08	8.61	6.11
Research & Development Expense	1.90	1.57	1.57	1.64	1.77	2.09	2.13	2.10	3.77	4.49	4.68
Total Other Income / (Expense), net	-1.86	0.81	0.69	0.49	-3.16	-0.07	-0.07	-0.06	-0.03	0.24	0.01
Interest & Investment Income	-0.01	-0.09	-0.07	-0.13	-0.13	-0.10	-0.08	-0.07	0.06	0.06	-0.02
Other Income / (Expense), net	-1.85	0.89	0.75	0.62	-3.03	0.03	0.01	0.01	-0.09	0.18	0.02
Basic Earnings per Share	($5.36)	($4.95)	($3.99)	($2.68)	($3.58)	($2.41)	($1.28)	($0.90)	($0.98)	($1.31)	($0.74)
Weighted Average Basic Shares Outstanding	1.56M	1.32M	1.90M	2.34M	3.04M	2.89M	5.40M	7.00M	9.76M	8.46M	13.86M
Diluted Earnings per Share	($5.36)	($4.95)	($3.99)	($2.68)	($3.58)	($2.41)	($1.28)	($0.90)	($0.98)	($1.31)	($0.74)
Weighted Average Diluted Shares Outstanding	1.56M	1.32M	1.90M	2.34M	3.04M	2.89M	5.40M	7.00M	9.76M	8.46M	13.86M
Weighted Average Basic & Diluted Shares Outstanding	75.38M	93.31M	107.00M	152.82M	3.82M	6.90M	6.90M	10.18M	11.51M	16.28M	17.25M

This table details how cash moves in and out of Knightscope's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024	2025
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	6.45	3.69	-6.04	-2.43	8.84	9.34
Net Cash From Operating Activities	-15	-20	-24	-24	-22	-30
Net Cash From Continuing Operating Activities	-15	-20	-24	-24	-22	-30
Net Income / (Loss) Continuing Operations	-19	-44	-26	-22	-32	-34
Consolidated Net Income / (Loss)	-19	-44	-26	-22	-32	-34
Depreciation Expense	1.35	1.55	1.71	2.36	2.62	2.56
Amortization Expense	0.97	2.45	8.88	0.01	0.07	0.08
Non-Cash Adjustments To Reconcile Net Income	3.52	18	-12	-1.33	4.52	2.51
Changes in Operating Assets and Liabilities, net	-1.67	1.68	3.05	-3.08	2.07	-1.68
Net Cash From Investing Activities	-0.63	-2.33	-9.93	-5.12	-3.18	-2.52
Net Cash From Continuing Investing Activities	-0.63	-2.33	-9.93	-5.12	-3.18	-2.52
Purchase of Property, Plant & Equipment	0.00	-0.12	-0.11	-0.46	-0.04	-0.65
Sale of Property, Plant & Equipment	-	-	-	-	0.00	0.02
Other Investing Activities, net	-0.63	-2.22	-4.40	-4.67	-3.14	-1.89
Net Cash From Financing Activities	22	26	28	27	34	42
Net Cash From Continuing Financing Activities	22	26	28	27	34	42
Repayment of Debt	-2.85	-	0.00	-0.56	-1.64	-2.06
Issuance of Debt	3.57	9.58	3.16	1.24	2.64	0.00
Issuance of Common Equity	-	0.00	21	0.00	34	43
Other Financing Activities, net	0.00	0.00	3.43	26	-0.06	1.44
Cash Income Taxes Paid	0.00	-	-	-	0.00	0.00

This table details how cash moves in and out of Knightscope's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	-1.23	-2.33	0.21	0.14	2.58	5.93	1.44	-4.45	12	0.18	-9.17
Net Cash From Operating Activities	-6.94	-6.00	-8.61	-4.03	-4.74	-5.08	-6.38	-5.49	-7.87	-11	-12
Net Cash From Continuing Operating Activities	-6.94	-6.00	-8.61	-4.03	-4.68	-5.13	-6.38	-5.49	-7.87	-11	-12
Net Income / (Loss) Continuing Operations	-8.34	-6.53	-7.59	-6.27	-11	-6.97	-6.90	-6.33	-9.54	-11	-10
Consolidated Net Income / (Loss)	-8.34	-6.53	-7.59	-6.27	-11	-6.97	-6.90	-6.33	-9.54	-11	-10
Depreciation Expense	0.61	0.60	0.63	0.65	0.61	0.72	0.66	0.64	0.64	0.62	0.80
Amortization Expense	-	0.01	0.01	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02
Non-Cash Adjustments To Reconcile Net Income	2.74	-0.16	0.38	0.00	3.79	0.34	0.54	0.54	1.21	0.22	0.48
Changes in Operating Assets and Liabilities, net	-1.94	0.09	-2.04	1.57	1.80	0.75	-0.69	-0.36	-0.21	-0.42	-2.58
Net Cash From Investing Activities	-1.44	-1.54	-0.89	-0.87	-0.72	-0.70	-0.45	-0.74	-0.71	-0.63	-6.32
Net Cash From Continuing Investing Activities	-1.44	-1.54	-0.89	-0.87	-0.72	-0.70	-0.45	-0.74	-0.71	-0.63	-6.32
Purchase of Property, Plant & Equipment	0.00	-0.00	-	-	-0.01	-0.03	0.00	-	-0.23	-0.24	-0.11
Acquisitions	-	-	-	-	-	-	0.00	-	-	-	-5.50
Other Investing Activities, net	-1.44	-1.54	-0.89	-0.87	-0.71	-0.67	-0.45	-0.56	-0.48	-0.41	-0.71
Net Cash From Financing Activities	7.15	5.21	9.71	5.04	8.03	12	8.26	1.78	21	11	8.76
Net Cash From Continuing Financing Activities	7.15	5.21	9.71	5.04	8.03	12	8.26	1.78	21	11	8.76
Repayment of Debt	-	-0.29	0.00	-	-0.23	-1.41	-0.59	-1.09	-0.19	-0.19	-0.20
Issuance of Common Equity	7.42	-22	7.07	5.02	8.34	13	8.85	1.43	21	12	8.95

This table presents Knightscope's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024	2025
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	13	18	22	23	28	41
Total Current Assets	8.79	13	10	8.21	15	26
Cash & Equivalents	7.06	11	4.81	2.28	11	21
Accounts Receivable	0.87	1.19	1.37	2.09	1.73	2.14
Inventories, net	-	0.00	2.56	2.32	1.80	2.32
Prepaid Expenses	0.76	1.30	1.35	1.42	0.35	1.34
Plant, Property, & Equipment, net	0.02	0.12	0.61	0.86	0.66	1.06
Total Noncurrent Assets	4.13	4.13	11	14	12	14
Goodwill	-	0.00	1.34	1.92	1.92	1.92
Intangible Assets	-	0.00	2.06	1.56	1.24	0.92
Other Noncurrent Operating Assets	4.13	4.13	7.98	10	9.26	11
Total Liabilities & Shareholders' Equity	13	18	22	23	28	41
Total Liabilities	14	43	30	15	12	13
Total Current Liabilities	2.64	12	11	6.95	8.27	6.61
Short-Term Debt	0.00	7.11	2.14	0.00	1.36	0.41
Accounts Payable	0.23	1.51	2.46	1.86	2.81	2.54
Accrued Expenses	0.86	1.19	2.40	1.16	1.79	1.82
Current Deferred Revenue	0.52	0.89	1.71	1.74	1.88	1.29
Other Current Liabilities	1.02	1.54	1.79	2.19	0.41	0.56
Total Noncurrent Liabilities	11	31	19	8.46	4.14	6.89
Long-Term Debt	4.58	0.00	6.55	1.24	3.95	4.02
Other Noncurrent Operating Liabilities	6.75	31	13	7.22	0.19	2.87
Total Equity & Noncontrolling Interests	-66	-83	-44	-27	16	28
Total Preferred & Common Equity	-66	-83	-44	-27	16	28
Total Common Equity	-66	-83	-44	-27	16	28
Common Stock	3.06	31	96	135	209	255
Retained Earnings	-69	-114	-139	-161	-193	-227

This table presents Knightscope's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	25	24	25	25	30	29	41	60
Total Current Assets	11	9.92	11	12	17	13	26	21
Cash & Equivalents	4.61	2.49	2.63	5.20	13	8.21	20	11
Accounts Receivable	2.09	3.09	3.51	2.36	2.01	2.49	2.46	5.28
Inventories, net	3.16	2.88	3.24	2.90	1.61	1.74	1.82	2.35
Prepaid Expenses	1.22	1.36	1.25	0.98	0.79	0.85	1.14	2.01
Plant, Property, & Equipment, net	0.92	0.79	0.76	0.72	0.60	0.67	0.90	1.13
Total Noncurrent Assets	13	13	13	13	12	15	14	37
Goodwill	1.92	1.92	1.92	1.92	1.92	1.92	1.92	9.60
Intangible Assets	1.65	1.48	1.40	1.32	1.16	1.08	1.00	17
Other Noncurrent Operating Assets	9.38	9.88	9.75	9.43	9.05	12	11	11
Total Liabilities & Shareholders' Equity	25	24	25	25	30	29	41	60
Total Liabilities	16	17	13	16	12	14	14	26
Total Current Liabilities	7.70	6.50	8.90	12	7.51	7.01	7.13	14
Short-Term Debt	0.27	-	-	2.77	1.37	0.28	0.11	0.57
Accounts Payable	1.72	1.50	2.62	2.56	2.26	2.48	2.64	2.92
Accrued Expenses	1.56	1.23	1.88	1.74	2.28	2.31	2.65	7.81
Current Deferred Revenue	1.88	1.66	2.29	2.48	1.34	1.82	1.42	2.05
Other Current Liabilities	2.26	2.11	2.12	1.97	0.27	0.12	0.32	0.63
Total Noncurrent Liabilities	8.21	10	4.48	4.14	4.13	7.09	7.04	12
Long-Term Debt	0.00	3.90	3.92	3.93	3.97	3.99	4.00	4.04
Other Noncurrent Operating Liabilities	8.21	6.22	0.56	0.21	0.16	3.10	3.04	7.57
Total Equity & Noncontrolling Interests	-25	-27	11	9.26	18	15	27	34
Total Preferred & Common Equity	-25	-27	11	9.26	18	15	27	34
Total Common Equity	-25	-27	11	9.26	18	15	27	34
Common Stock	130	142	186	195	218	222	243	271
Retained Earnings	-155	-169	-175	-186	-200	-206	-216	-237

This table displays calculated financial ratios and metrics derived from Knightscope's official financial filings.

Metric	2020	2021	2022	2023	2024	2025
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
DEI Shares Outstanding	0.00	0.00	27,210,824.00	75,377,489.00	3,818,450.00	11,508,862.00
DEI Adjusted Shares Outstanding	0.00	0.00	544,216.00	1,507,550.00	3,818,450.00	11,508,862.00
DEI Earnings Per Adjusted Shares Outstanding	0.00	0.00	0.00	-14.67	-8.31	-2.94
Growth Metrics	-	-	-	-	-	-
Revenue Growth	0.00%	2.16%	65.28%	127.26%	-15.57%	4.91%
EBITDA Growth	0.00%	-140.75%	96.71%	-1,540.85%	-49.09%	-8.79%
EBIT Growth	0.00%	-131.35%	70.24%	-83.42%	-45.18%	-7.87%
NOPAT Growth	0.00%	-67.70%	-30.19%	17.77%	-12.90%	-14.20%
Net Income Growth	0.00%	-126.68%	41.51%	13.75%	-43.48%	-6.56%
EPS Growth	0.00%	-113.27%	82.78%	13.75%	34.59%	63.54%
Operating Cash Flow Growth	0.00%	-32.55%	-19.69%	-0.38%	7.05%	-35.15%
Free Cash Flow Firm Growth	0.00%	0.00%	-652.97%	40.01%	15.76%	-5.19%
Invested Capital Growth	0.00%	-717.97%	86.71%	264.21%	53.54%	17.72%
Revenue Q/Q Growth	0.00%	0.00%	36.44%	5.47%	-1.82%	-2.37%
EBITDA Q/Q Growth	0.00%	0.00%	84.21%	1.59%	-1.01%	-16.19%
EBIT Q/Q Growth	0.00%	0.00%	37.87%	1.17%	-1.37%	-14.35%
NOPAT Q/Q Growth	0.00%	0.00%	0.36%	5.11%	1.47%	-14.88%
Net Income Q/Q Growth	0.00%	0.00%	15.02%	18.86%	-1.38%	-13.73%
EPS Q/Q Growth	0.00%	0.00%	14.29%	18.86%	-6.61%	-31.15%
Operating Cash Flow Q/Q Growth	0.00%	-7.39%	3.27%	-1.36%	3.94%	-22.30%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	14.95%	10.45%	-23.66%
Invested Capital Q/Q Growth	0.00%	0.00%	59.65%	36.73%	-7.39%	9.54%
Profitability Metrics	-	-	-	-	-	-
Gross Margin	-38.95%	-60.38%	-58.94%	-15.82%	-34.23%	-42.13%
EBITDA Margin	-442.28%	-1,042.27%	-20.78%	-150.02%	-264.91%	-274.71%
Operating Margin	-439.04%	-720.72%	-567.71%	-205.42%	-274.67%	-298.99%
EBIT Margin	-512.08%	-1,159.67%	-208.81%	-168.53%	-289.78%	-297.98%
Profit (Net Income) Margin	-579.94%	-1,286.85%	-455.39%	-172.84%	-293.70%	-298.32%
Tax Burden Percent	100.02%	100.00%	100.00%	100.00%	100.00%	100.00%
Interest Burden Percent	113.23%	110.97%	218.09%	102.55%	101.35%	100.12%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	-1,463.93%	-254.90%	-220.78%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	-1,734.41%	56.00%	-129.27%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	20,368.20%	-16.91%	65.47%
Return on Equity (ROE)	1,890.62%	327.95%	153.01%	18,904.27%	-271.81%	-155.30%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	-447.12%	-297.14%	-237.05%
Operating Return on Assets (OROA)	-131.94%	-258.88%	-59.29%	-95.73%	-122.41%	-97.28%
Return on Assets (ROA)	-149.42%	-287.27%	-129.31%	-98.18%	-124.06%	-97.39%
Return on Common Equity (ROCE)	122,317.12%	1,828.95%	577.56%	5,672,897.80%	126.34%	-155.30%
Return on Equity Simple (ROE_SIMPLE)	29.22%	52.87%	58.83%	83.04%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	-10	-17	-22	-18	-21	-24
NOPAT Margin	-307.33%	-504.51%	-397.40%	-143.80%	-192.27%	-209.30%
Net Nonoperating Expense Percent (NNEP)	-352.66%	-843.76%	4,412.70%	270.48%	-310.91%	-91.51%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	72.47%	-98.47%	-73.71%
Cost of Revenue to Revenue	138.95%	160.38%	158.94%	115.82%	134.23%	142.13%
SG&A Expenses to Revenue	83.60%	143.23%	207.78%	98.34%	170.37%	146.62%
R&D to Revenue	97.30%	164.40%	150.04%	49.63%	65.35%	110.15%
Operating Expenses to Revenue	400.09%	660.35%	508.77%	189.61%	240.44%	256.87%
Earnings before Interest and Taxes (EBIT)	-17	-40	-12	-22	-31	-34
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-15	-36	-1.17	-19	-29	-31
Valuation Ratios	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	0.00	3.05	1.54
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	3.82	1.71
Price to Revenue (P/Rev)	67.07	65.65	9.13	3.53	4.46	3.77
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	12.18	4.28	2.29
Enterprise Value to Revenue (EV/Rev)	85.83	81.34	16.18	6.12	3.91	2.34
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	31.98	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-
Debt to Equity	-4.48	-0.28	-1.11	0.16	0.34	0.16
Long-Term Debt to Equity	-4.48	0.00	-0.84	0.16	0.25	0.14
Financial Leverage	2.52	0.24	0.00	-11.74	-0.30	-0.51
Leverage Ratio	-12.65	-1.14	-1.18	-192.55	2.19	1.59
Compound Leverage Factor	-14.33	-1.27	-2.58	-197.47	2.22	1.60
Debt to Total Capital	128.77%	-38.21%	971.84%	14.10%	25.20%	13.73%
Short-Term Debt to Total Capital	0.00%	-38.21%	239.55%	0.00%	6.47%	1.26%
Long-Term Debt to Total Capital	128.77%	0.00%	732.29%	14.10%	18.73%	12.47%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	1,832.45%	-307.52%	3,998.10%	388.19%	0.00%	0.00%
Common Equity to Total Capital	-1,861.22%	445.73%	-4,869.94%	-302.28%	74.80%	86.27%
Debt to EBITDA	-0.31	-0.20	-7.43	-0.06	-0.19	-0.14
Net Debt to EBITDA	0.17	0.11	-3.32	0.06	0.21	0.52
Long-Term Debt to EBITDA	-0.31	0.00	-5.60	-0.06	-0.14	-0.13
Debt to NOPAT	-0.45	-0.41	-0.39	-0.07	-0.26	-0.19
Net Debt to NOPAT	0.25	0.22	-0.17	0.06	0.28	0.68
Long-Term Debt to NOPAT	-0.45	0.00	-0.29	-0.07	-0.19	-0.17
Altman Z-Score	-1.41	-13.10	-9.33	-10.55	-10.26	-7.66
Noncontrolling Interest Sharing Ratio	-6,369.70%	-457.70%	-277.47%	-29,908.55%	146.48%	0.00%
Liquidity Ratios	-	-	-	-	-	-
Current Ratio	3.33	1.09	0.96	1.18	1.83	3.99
Quick Ratio	3.01	0.98	0.59	0.63	1.56	3.44
Cash Flow Metrics	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	8.67	-48	-29	-24	-25
Operating Cash Flow to CapEx	0.00%	-17,184.62%	-21,679.28%	-5,285.56%	-52,216.28%	-4,778.74%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	-10.30	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	-5.18	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	-5.20	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-
Asset Turnover	0.26	0.22	0.28	0.57	0.42	0.33
Accounts Receivable Turnover	3.82	3.30	4.40	7.40	5.66	5.85
Inventory Turnover	0.00	0.00	0.00	6.07	7.05	7.83
Fixed Asset Turnover	151.59	49.02	15.41	17.40	14.24	13.14
Accounts Payable Turnover	19.97	6.26	4.51	6.87	6.21	6.02
Days Sales Outstanding (DSO)	95.66	110.51	82.94	49.34	64.54	62.36
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	60.09	51.80	46.63
Days Payable Outstanding (DPO)	18.27	58.32	80.97	53.13	58.76	60.61
Cash Conversion Cycle (CCC)	77.38	52.19	1.96	56.30	57.58	48.38
Capital & Investment Metrics	-	-	-	-	-	-
Invested Capital	-3.60	-29	-3.92	6.43	9.87	12
Invested Capital Turnover	-0.93	-0.21	-0.34	10.18	1.33	1.05
Increase / (Decrease) in Invested Capital	0.00	-26	26	10	3.44	1.75
Enterprise Value (EV)	286	277	91	78	42	27
Market Capitalization	224	224	51	45	48	43
Book Value per Share	($6.50)	($7.80)	($1.60)	($0.35)	$4.13	$2.41
Tangible Book Value per Share	($6.50)	($7.80)	($1.73)	($0.40)	$3.30	$2.17
Total Capital	3.56	-19	0.90	8.81	21	32
Total Debt	4.58	7.11	8.70	1.24	5.32	4.42
Total Long-Term Debt	4.58	0.00	6.55	1.24	3.95	4.02
Net Debt	-2.58	-3.74	3.89	-1.14	-5.91	-16
Capital Expenditures (CapEx)	0.00	0.12	0.11	0.46	0.04	0.64
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-1.01	-2.65	-3.09	-1.12	-3.03	-0.40
Debt-free Net Working Capital (DFNWC)	6.15	8.20	1.72	1.27	8.20	20
Net Working Capital (NWC)	6.15	1.09	-0.42	1.27	6.83	20
Net Nonoperating Expense (NNE)	9.09	27	3.27	3.72	11	10
Net Nonoperating Obligations (NNO)	-2.58	-3.74	3.89	-1.14	-5.91	-16
Total Depreciation and Amortization (D&A)	2.33	4.00	11	2.37	2.69	2.64
Debt-free, Cash-free Net Working Capital to Revenue	-30.19%	-77.69%	-54.80%	-8.71%	-28.02%	-3.49%
Debt-free Net Working Capital to Revenue	184.41%	240.74%	30.62%	9.90%	75.87%	177.94%
Net Working Capital to Revenue	184.41%	32.08%	-7.46%	9.90%	63.25%	174.37%
Earnings Adjustments	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	($209.00)	($36.00)	($17.00)	($10.97)	($4.00)
Adjusted Weighted Average Basic Shares Outstanding	0.00	212.64K	711.02K	1.32M	2.89M	8.46M
Adjusted Diluted Earnings per Share	$0.00	($209.00)	($36.00)	($17.00)	($10.97)	($4.00)
Adjusted Weighted Average Diluted Shares Outstanding	0.00	212.64K	711.02K	1.32M	2.89M	8.46M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	475.24K	734.70K	1.87M	6.90M	16.28M
Normalized Net Operating Profit after Tax (NOPAT)	-10	-17	-22	-18	-20	-24
Normalized NOPAT Margin	-307.33%	-504.51%	-397.40%	-142.98%	-188.96%	-209.23%
Pre Tax Income Margin	-579.82%	-1,286.85%	-455.39%	-172.84%	-293.70%	-298.32%
Debt Service Ratios	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	-2.53	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	-4.81	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	-2.55	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	-4.84	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	-0.29%	0.00%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from Knightscope's official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	67,267,946.00	75,377,489.00	93,310,259.00	106,998,934.00	152,820,879.00	3,818,450.00	6,901,225.00	6,901,225.00	10,183,139.00	11,508,862.00	16,282,913.00
DEI Adjusted Shares Outstanding	1,345,359.00	1,507,550.00	1,866,205.00	2,139,979.00	3,056,418.00	3,818,450.00	6,901,225.00	6,901,225.00	10,183,139.00	11,508,862.00	16,282,913.00
DEI Earnings Per Adjusted Shares Outstanding	-6.20	-4.33	-4.07	-2.93	-3.57	-1.82	-1.00	-0.92	-0.94	-0.96	-0.63
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	156.48%	28.27%	-22.20%	-10.10%	-23.74%	-6.64%	29.41%	-14.17%	23.51%	-9.78%	106.24%
EBITDA Growth	-62.18%	5.06%	-397.18%	-28.84%	-31.21%	-4.92%	10.82%	-2.27%	11.86%	-70.85%	-54.49%
EBIT Growth	-59.11%	3.82%	-287.59%	-26.76%	-29.28%	-6.55%	9.45%	-1.84%	10.92%	-61.73%	-51.19%
NOPAT Growth	16.62%	16.18%	-26.97%	-13.73%	-19.40%	6.04%	17.54%	7.29%	-22.83%	-63.67%	-51.26%
Net Income Growth	-59.26%	44.04%	-210.64%	-30.70%	-30.71%	-6.63%	9.15%	-0.92%	12.52%	-58.60%	-49.63%
EPS Growth	-59.26%	44.04%	-210.64%	-30.70%	33.21%	51.31%	67.92%	66.42%	72.63%	45.64%	42.19%
Operating Cash Flow Growth	-46.08%	-5.71%	-32.82%	14.81%	31.80%	15.36%	25.97%	-36.19%	-66.21%	-109.02%	-82.02%
Free Cash Flow Firm Growth	-70.01%	51.12%	51.65%	33.87%	39.95%	46.59%	45.39%	75.93%	41.94%	-16.70%	-240.39%
Invested Capital Growth	148.46%	264.21%	385.09%	223.57%	126.69%	53.54%	24.77%	-9.63%	-0.48%	17.72%	150.97%
Revenue Q/Q Growth	-6.71%	-9.36%	-25.19%	42.10%	-20.86%	10.97%	3.70%	-5.76%	13.90%	-18.94%	137.04%
EBITDA Q/Q Growth	-81.92%	24.47%	-17.97%	20.52%	-85.27%	39.61%	-0.28%	8.86%	-59.67%	-17.08%	9.33%
EBIT Q/Q Growth	-71.98%	22.67%	-16.79%	18.39%	-75.39%	36.26%	0.74%	8.22%	-53.42%	-15.71%	7.21%
NOPAT Q/Q Growth	-9.05%	-13.20%	-12.82%	18.35%	-14.49%	10.92%	0.99%	8.20%	-51.69%	-18.71%	8.50%
Net Income Q/Q Growth	-73.86%	21.67%	-16.19%	17.40%	-73.88%	36.11%	1.00%	8.24%	-50.72%	-15.84%	6.61%
EPS Q/Q Growth	-73.86%	21.67%	-16.19%	17.40%	-33.58%	32.68%	46.89%	29.69%	-8.89%	-33.67%	43.51%
Operating Cash Flow Q/Q Growth	-46.72%	13.63%	-43.59%	53.19%	-17.46%	-7.20%	-25.59%	13.88%	-43.35%	-34.82%	-9.37%
Free Cash Flow Firm Q/Q Growth	5.65%	18.27%	18.01%	-4.61%	14.32%	27.31%	16.18%	53.88%	-106.61%	-46.11%	-144.51%
Invested Capital Q/Q Growth	23.02%	36.73%	35.14%	42.35%	-13.81%	-7.39%	9.82%	3.10%	-5.08%	9.54%	134.12%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	1.50%	-62.06%	-64.11%	-17.42%	-19.96%	-42.30%	-22.90%	-33.39%	-50.14%	-63.79%	7.73%
EBITDA Margin	-232.49%	-193.73%	-305.50%	-170.87%	-400.00%	-217.70%	-210.52%	-203.60%	-285.44%	-412.25%	-157.70%
Operating Margin	-195.04%	-243.58%	-367.35%	-211.08%	-305.36%	-245.15%	-234.08%	-228.01%	-303.67%	-444.72%	-171.68%
EBIT Margin	-250.72%	-213.91%	-333.94%	-191.79%	-425.01%	-244.12%	-233.66%	-227.57%	-306.55%	-437.59%	-171.29%
Profit (Net Income) Margin	-250.96%	-216.86%	-336.82%	-195.79%	-430.14%	-247.67%	-236.44%	-230.23%	-304.66%	-435.38%	-171.54%
Tax Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Interest Burden Percent	100.10%	101.38%	100.86%	102.08%	101.21%	101.46%	101.19%	101.17%	99.39%	99.50%	100.15%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	-1,735.84%	-596.49%	-215.29%	-306.28%	-227.51%	-192.45%	-149.34%	-232.09%	-328.38%	-91.19%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	-1,837.49%	-690.67%	-142.12%	55.31%	-166.80%	-122.01%	-8.04%	-193.35%	-299.83%	-47.41%
Return on Net Nonoperating Assets (RNNOA)	0.00%	21,578.71%	-395.23%	29.30%	-9.12%	50.36%	28.72%	0.84%	79.61%	151.86%	12.83%
Return on Equity (ROE)	-518.94%	19,842.87%	-991.72%	-185.99%	-315.40%	-177.14%	-163.73%	-148.50%	-152.48%	-176.52%	-78.35%
Cash Return on Invested Capital (CROIC)	-718.81%	-447.12%	-506.34%	-355.17%	-352.08%	-297.14%	-224.40%	-154.80%	-193.72%	-237.05%	-223.62%
Operating Return on Assets (OROA)	-138.77%	-121.51%	-182.80%	-90.99%	-187.21%	-103.12%	-99.61%	-93.23%	-107.88%	-142.85%	-55.32%
Return on Assets (ROA)	-138.90%	-123.19%	-184.38%	-92.89%	-189.47%	-104.62%	-100.79%	-94.32%	-107.21%	-142.13%	-55.40%
Return on Common Equity (ROCE)	2,957.61%	5,954,557.10%	9,231.72%	128.97%	272.90%	82.34%	54.33%	-148.50%	-152.48%	-176.52%	-78.35%
Return on Equity Simple (ROE_SIMPLE)	108.30%	0.00%	102.36%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	-4.54	-5.14	-5.80	-4.73	-5.42	-4.83	-4.78	-4.39	-6.66	-7.90	-7.23
NOPAT Margin	-136.53%	-170.50%	-257.14%	-147.76%	-213.76%	-171.60%	-163.85%	-159.61%	-212.57%	-311.30%	-120.17%
Net Nonoperating Expense Percent (NNEP)	-49.06%	101.65%	94.18%	-73.17%	-361.59%	-60.70%	-70.44%	-141.30%	-38.74%	-28.56%	-43.77%
Return On Investment Capital (ROIC_SIMPLE)	-	20.23%	25.49%	-31.36%	-33.95%	-22.88%	-20.34%	-22.63%	-21.47%	-24.55%	-18.73%
Cost of Revenue to Revenue	98.50%	162.06%	164.11%	117.42%	119.96%	142.30%	122.90%	133.39%	150.14%	163.79%	92.27%
SG&A Expenses to Revenue	97.32%	80.88%	161.54%	85.36%	174.83%	270.21%	138.33%	79.01%	98.24%	339.28%	101.60%
R&D to Revenue	57.25%	52.07%	69.61%	51.11%	69.82%	74.12%	72.85%	76.36%	120.50%	176.87%	77.81%
Operating Expenses to Revenue	196.54%	181.51%	303.24%	193.66%	285.40%	202.84%	211.18%	194.62%	253.53%	380.93%	179.40%
Earnings before Interest and Taxes (EBIT)	-8.33	-6.45	-7.53	-6.14	-11	-6.87	-6.82	-6.26	-9.60	-11	-10
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-7.73	-5.84	-6.89	-5.47	-10	-6.12	-6.14	-5.60	-8.94	-10	-9.49
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	2.94	2.43	3.05	1.07	2.26	2.18	1.54	2.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	4.18	3.74	3.82	1.29	2.82	2.45	1.71	8.83
Price to Revenue (P/Rev)	4.40	3.53	3.10	2.78	2.04	4.46	1.70	3.10	5.06	3.77	4.70
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	17.70	12.18	8.40	2.75	2.24	4.28	1.12	2.70	4.00	2.29	2.25
Enterprise Value to Revenue (EV/Rev)	6.86	6.12	6.01	2.89	2.17	3.91	1.06	2.74	3.66	2.34	4.23
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.03	0.16	0.53	0.35	0.72	0.34	0.29	0.28	0.15	0.16	0.14
Long-Term Debt to Equity	0.00	0.16	0.53	0.35	0.42	0.25	0.22	0.26	0.15	0.14	0.12
Financial Leverage	-1.48	-11.74	0.57	-0.21	-0.16	-0.30	-0.24	-0.10	-0.41	-0.51	-0.27
Leverage Ratio	4.17	-192.55	6.66	2.44	2.72	2.19	2.11	2.05	1.83	1.59	1.71
Compound Leverage Factor	4.18	-195.21	6.72	2.49	2.75	2.22	2.13	2.07	1.81	1.59	1.72
Debt to Total Capital	2.90%	14.10%	34.57%	25.95%	42.01%	25.20%	22.71%	22.04%	13.23%	13.73%	11.93%
Short-Term Debt to Total Capital	2.90%	0.00%	0.00%	0.00%	17.37%	6.47%	5.82%	1.45%	0.34%	1.26%	1.47%
Long-Term Debt to Total Capital	0.00%	14.10%	34.57%	25.95%	24.64%	18.73%	16.90%	20.59%	12.89%	12.47%	10.45%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	364.51%	388.19%	301.69%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	-267.41%	-302.28%	-236.26%	74.05%	57.99%	74.80%	77.29%	77.96%	86.77%	86.27%	88.07%
Debt to EBITDA	-0.01	-0.06	-0.16	-0.15	-0.24	-0.19	-0.19	-0.15	-0.15	-0.14	-0.13
Net Debt to EBITDA	0.23	0.06	-0.05	-0.05	-0.05	0.21	0.26	0.14	0.61	0.52	0.20
Long-Term Debt to EBITDA	0.00	-0.06	-0.16	-0.15	-0.14	-0.14	-0.14	-0.14	-0.15	-0.13	-0.12
Debt to NOPAT	-0.01	-0.07	-0.20	-0.19	-0.32	-0.26	-0.27	-0.22	-0.20	-0.19	-0.18
Net Debt to NOPAT	0.23	0.06	-0.07	-0.06	-0.07	0.28	0.37	0.20	0.79	0.68	0.26
Long-Term Debt to NOPAT	0.00	-0.07	-0.20	-0.19	-0.19	-0.19	-0.20	-0.21	-0.19	-0.17	-0.15
Altman Z-Score	-7.09	-8.38	-8.86	-8.78	-10.58	-7.39	-8.38	-8.51	-4.82	-5.84	-4.17
Noncontrolling Interest Sharing Ratio	669.93%	-29,908.55%	1,030.88%	169.34%	186.52%	146.48%	133.18%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.45	1.18	1.53	1.21	1.00	1.83	2.27	1.90	3.62	3.99	1.51
Quick Ratio	0.87	0.63	0.86	0.69	0.66	1.56	1.95	1.53	3.21	3.44	1.19
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-19	-15	-13	-13	-11	-8.27	-6.93	-3.20	-6.60	-9.65	-24
Operating Cash Flow to CapEx	0.00%	-199,900.00%	0.00%	0.00%	-59,187.50%	-16,374.19%	0.00%	0.00%	-3,406.93%	-4,384.30%	-10,454.05%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.55	0.57	0.55	0.47	0.44	0.42	0.43	0.41	0.35	0.33	0.32
Accounts Receivable Turnover	10.09	7.40	4.91	4.25	4.95	5.66	4.49	3.67	4.82	5.85	3.96
Inventory Turnover	0.00	6.07	5.52	5.28	5.08	7.05	6.41	5.74	6.77	7.83	9.15
Fixed Asset Turnover	22.51	17.40	13.53	13.62	13.40	14.24	16.47	15.40	14.28	13.14	16.69
Accounts Payable Turnover	7.88	6.87	9.67	7.56	7.19	6.21	7.66	5.61	6.13	6.02	6.98
Days Sales Outstanding (DSO)	36.19	49.34	74.33	85.90	73.78	64.54	81.29	99.40	75.75	62.36	92.27
Days Inventory Outstanding (DIO)	0.00	60.09	66.10	69.10	71.83	51.80	56.94	63.62	53.92	46.63	39.90
Days Payable Outstanding (DPO)	46.34	53.13	37.74	48.31	50.79	58.76	47.67	65.07	59.50	60.61	52.30
Cash Conversion Cycle (CCC)	-10.15	56.30	102.68	106.69	94.82	57.58	90.56	97.96	70.17	48.38	79.88
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	4.70	6.43	8.69	12	11	9.87	11	11	11	12	27
Invested Capital Turnover	-4.85	10.18	2.32	1.46	1.43	1.33	1.17	0.94	1.09	1.05	0.76
Increase / (Decrease) in Invested Capital	14	10	6.90	8.55	5.96	3.44	2.15	-1.19	-0.05	1.75	16
Enterprise Value (EV)	83	78	73	34	24	42	12	30	42	27	61
Market Capitalization	53	45	38	33	22	48	19	34	59	43	68
Book Value per Share	($0.37)	($0.35)	($0.35)	$0.10	$0.06	$4.13	$4.76	$2.19	$2.64	$2.41	$2.09
Tangible Book Value per Share	($0.43)	($0.40)	($0.40)	$0.07	$0.04	$3.30	$3.95	$1.75	$2.35	$2.17	$0.47
Total Capital	9.41	8.81	11	15	16	21	24	19	31	32	39
Total Debt	0.27	1.24	3.90	3.92	6.71	5.32	5.34	4.27	4.10	4.42	4.60
Total Long-Term Debt	0.00	1.24	3.90	3.92	3.93	3.95	3.97	3.99	4.00	4.02	4.04
Net Debt	-4.44	-1.14	1.31	1.19	1.40	-5.91	-7.32	-3.94	-16	-16	-6.80
Capital Expenditures (CapEx)	-0.00	0.00	0.00	0.00	0.01	0.03	0.00	0.00	0.23	0.24	0.11
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-0.95	-1.12	0.83	-0.90	-2.52	-3.03	-1.74	-1.65	-1.60	-0.40	-3.76
Debt-free Net Working Capital (DFNWC)	3.76	1.27	3.42	1.83	2.78	8.20	11	6.56	19	20	7.64
Net Working Capital (NWC)	3.49	1.27	3.42	1.83	0.01	6.83	9.56	6.28	19	20	7.07
Net Nonoperating Expense (NNE)	3.80	1.40	1.80	1.54	5.49	2.14	2.12	1.94	2.88	3.15	3.09
Net Nonoperating Obligations (NNO)	-4.44	-1.14	1.31	1.19	1.40	-5.91	-7.32	-3.94	-16	-16	-6.80
Total Depreciation and Amortization (D&A)	0.61	0.61	0.64	0.67	0.63	0.74	0.68	0.66	0.66	0.64	0.82
Debt-free, Cash-free Net Working Capital to Revenue	-7.85%	-8.71%	6.85%	-7.62%	-22.92%	-28.02%	-15.13%	-14.97%	-13.78%	-3.49%	-26.06%
Debt-free Net Working Capital to Revenue	30.98%	9.90%	28.13%	15.49%	25.25%	75.87%	95.27%	59.58%	161.83%	177.94%	52.93%
Net Working Capital to Revenue	28.73%	9.90%	28.13%	15.49%	0.05%	63.25%	83.35%	57.03%	160.93%	174.37%	48.99%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($5.50)	($247.50)	($4.00)	($2.50)	($3.58)	($2.41)	($1.28)	($0.90)	($0.98)	($1.31)	($0.74)
Adjusted Weighted Average Basic Shares Outstanding	1.55M	26.37K	1.93M	2.34M	3.04M	2.89M	5.40M	7.00M	9.76M	8.46M	13.86M
Adjusted Diluted Earnings per Share	($5.50)	($247.50)	($4.00)	($2.50)	($3.58)	($2.41)	($1.28)	($0.90)	($0.98)	($1.31)	($0.74)
Adjusted Weighted Average Diluted Shares Outstanding	1.55M	26.37K	1.93M	2.34M	3.04M	2.89M	5.40M	7.00M	9.76M	8.46M	13.86M
Adjusted Basic & Diluted Earnings per Share	$0.00	($247.50)	$0.00	$0.00	$0.00	($2.41)	$0.00	$0.00	$0.00	($1.31)	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	1.51M	1.87M	2.14M	3.06M	3.82M	6.90M	6.90M	10.18M	11.51M	16.28M	17.25M
Normalized Net Operating Profit after Tax (NOPAT)	-4.54	-5.14	-5.71	-4.53	-5.40	-4.78	-4.78	-4.38	-6.66	-7.90	-7.23
Normalized NOPAT Margin	-136.53%	-170.50%	-253.45%	-141.31%	-212.84%	-170.04%	-163.85%	-159.33%	-212.57%	-311.30%	-120.17%
Pre Tax Income Margin	-250.96%	-216.86%	-336.82%	-195.79%	-430.14%	-247.67%	-236.44%	-230.23%	-304.66%	-435.38%	-171.54%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials Breakdown Chart

Key Financial Trends

Knightscope’s latest quarter shows revenue growth, but profitability and cash burn remain major challenges. In Q1 2026, revenue rose sharply year over year, but the company still posted a large operating loss and burned significant cash from operations. Knightscope is funding itself largely through equity issuance, which helps liquidity in the near term but also creates dilution risk for shareholders.

Revenue growth accelerated in Q1 2026. Operating revenue increased to $6.0 million from $2.9 million in Q1 2025 and $2.5 million in Q4 2025, showing a clear top-line improvement.
Gross profit turned positive in the latest quarter. Q1 2026 gross profit was $465,000, compared with a gross loss in several prior quarters, suggesting better unit economics on recent sales.
Cash on hand improved from year-end 2024 levels. Knightscope ended Q1 2026 with $11.4 million in cash and equivalents, up from $5.9 million at Q4 2024 and $8.2 million at Q2 2025.
Operating revenue has trended higher over the past year. Revenue moved from $2.3 million in Q1 2024 to $6.0 million in Q1 2026, indicating stronger commercial activity.
Deferred revenue provides some visibility into future sales. Current deferred revenue was $2.0 million in Q1 2026, which can support near-term recognized revenue if contracts are fulfilled.
Depreciation and amortization remain meaningful non-cash add-backs. These costs help reduce reported cash operating losses slightly, but they do not change the underlying burn problem.
Knightscope remains deeply unprofitable. Q1 2026 net loss was $10.3 million, only slightly improved from the $11.1 million loss in Q4 2025.
Operating losses remain very large relative to revenue. Q1 2026 operating loss was $10.3 million on $6.0 million of revenue, showing the cost structure is still far too high.
Cash from operations was negative again. The company used $11.6 million in operating cash in Q1 2026, after burning $10.6 million in Q4 2025 and $6.4 million in Q1 2025.
Shareholder dilution is a recurring funding source. Knightscope raised $9.0 million through common equity in Q1 2026, following repeated equity issuances in prior quarters, which can pressure per-share value over time.

Balance sheet trends are mixed. Total assets increased to $59.6 million in Q1 2026, but total liabilities also rose to $25.6 million. Total equity improved to $34.0 million, yet the company’s dependence on external capital remains obvious. Debt is relatively modest, but the bigger issue is whether Knightscope can reduce cash burn fast enough to avoid continued dilution.

Bottom line: Knightscope is showing signs of revenue momentum and better gross profit, but the business is still far from self-sustaining. Until operating losses and cash burn come down materially, the stock remains a high-risk turnaround story.

08/06/26 07:53 PM ETAI Generated. May Contain Errors.

Knightscope Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Knightscope's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

Knightscope's net income appears to be on an upward trend, with a most recent value of -$33.82 million in 2025, rising from -$19.34 million in 2020. The previous period was -$31.73 million in 2024. Check out Knightscope's forecast to explore projected trends and price targets.

Knightscope's total operating income in 2025 was -$33.89 million, based on the following breakdown:

Total Gross Profit: -$4.78 million
Total Operating Expenses: $29.12 million

Over the last 5 years, Knightscope's total revenue changed from $3.34 million in 2020 to $11.34 million in 2025, a change of 239.9%.

Knightscope's total liabilities were at $13.49 million at the end of 2025, a 8.8% increase from 2024, and a 3.4% decrease since 2020.

In the past 5 years, Knightscope's cash and equivalents has ranged from $2.28 million in 2023 to $20.57 million in 2025, and is currently $20.57 million as of their latest financial filing in 2025.

Over the last 5 years, Knightscope's book value per share changed from -6.50 in 2020 to 2.41 in 2025, a change of -137.1%.

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Financial statements for NASDAQ:KSCP last updated on 7/16/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Knightscope (KSCP) Financials

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Knightscope (KSCP) Financials

Annual Income Statements for Knightscope

Quarterly Income Statements for Knightscope

Annual Cash Flow Statements for Knightscope

Quarterly Cash Flow Statements for Knightscope

Annual Balance Sheets for Knightscope

Quarterly Balance Sheets for Knightscope

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Quarterly Metrics And Ratios for Knightscope

Financials Breakdown Chart

Key Financial Trends

Knightscope Financials - Frequently Asked Questions

When does Knightscope's financial year end?

How has Knightscope's net income changed over the last 5 years?

What is Knightscope's operating income?

How has Knightscope's revenue changed over the last 5 years?

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How has Knightscope's book value per share changed over the last 5 years?

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