earnings
confidence high
sentiment positive
materiality 0.70
AITX reports audited FY2026 revenue up 26% to $7.75M; gross margin expands to 71%
Artificial Intelligence Technology Solutions Inc.
- Revenue increased 26% to $7,745,336; gross profit rose 48% to $5,533,700; gross margin 71% vs 61% prior year.
- Operating expenses flat at $17,477,097; operating loss improved 14% to $11,943,397.
- Three-pillar strategy: stationary (RAD-I), mobile (RAD-M with ROAMEO), agentic AI (RAD-G with SARA).
- ROAMEO commercial billing began May 2026; cumulative development cost estimated at $20M.
- Over 1,000 devices deployed; serves Fortune 500 clients; early European market entry underway.
Featured in Daily 8-K Digest
Selected #9 for 2026-06-09.
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