earnings
confidence high
sentiment neutral
materiality 0.65
Duke Robotics Q2 net loss widens to $726K; expands IEC drone season, appoints new CEO
DUKE Robotics Corp.
- Q2 2026 revenue $149K (vs $143K); net loss $726K ($0.26/sh) vs $269K ($0.12/sh) in Q2 2025.
- Expanded IEC IC Drone purchase order expected to generate over $1M revenue in 2026; new Bird of Prey order via Elbit, deliveries expected 2026.
- Yiftach Kleinman appointed CEO effective no later than Sept 8, 2026, succeeding Yossef Balucka.
- Completed $9.2M gross proceeds public offering; uplisted to Nasdaq Capital Market May 15, 2026; cash $6.989M at June 30 vs $750K at Dec 31, 2025.
- H1 2026 net loss $1.647M ($0.65/sh) vs $548K ($0.25/sh) in H1 2025.