earnings
confidence high
sentiment positive
materiality 0.60
AITX preliminary FY2026 revenue $7.75M (up 26%), gross margin 71%, operating loss improves $2M
Artificial Intelligence Technology Solutions Inc.
- Revenue increased 26% YoY to $7.75M; gross profit up 48% to $5.53M.
- Gross margin expanded to ~71% from ~61% as cost of goods sold declined.
- Operating expenses held flat at $17.5M, improving operating loss by ~$2.0M.
- Subsequent to year-end, announced ~14% hardware pricing adjustment for enhanced capabilities.
- CEO cites steady stationary business growth (RIO, ROSA, AVA) as path to positive operational cash flow.