Cyngn Q1 net loss widens to $6.5M; revenue rises to $105k, cash at $44.4M

Cyngn Inc.

2026-Q1 EPS reported -$0.59 vs consensus -$0.61 ▲ beat (+2.6%)

Revenue of $105k (+123% YoY) from subscription EAS software; net loss of $6.5M vs $3.9M YoY.
Cash and short-term investments $44.4M (no debt); closed $9.65M direct offering extending runway to 2028.
Autonomous missions completed increased >127% YoY; autonomous driving time >60% YoY.
Expanded deployments at Vann Family Orchards and WEG electric motor facility; issued 24th U.S. patent.
G&A expenses up $1.0M (board compensation change); R&D up $0.8M (capitalized software estimate change).

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Cyngn Inc. reported first fiscal quarter ended March 31, 2026 results: revenue $105 thousand, net income $(6.5) million, EPS $(0.59).

Period: first fiscal quarter ended March 31, 2026
Revenue: $105 thousand
Net income: $(6.5) million
EPS: $(0.59)
Result: reported results

Exact text from the filing

Cyngn to pursue larger enterprise opportunities while deepening expansion within its existing customer base. Q1 2026 Three Month Financial Review: Revenue in Q1 2026 was $105 thousand compared to $47 thousand in the first quarter of 2025. Similar to prior year, first quarter of 2026 revenue consisted of EAS software subscriptions from DriveMod tugger vehicle

View on SEC.gov

20 earnings releases filed in the last 30 days. Browse all earnings releases →

Cyngn Inc. filing history →

Source: SEC EDGAR

accession 0001213900-26-060162

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.